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Stock Market & Financial Investment News

News Breaks
November 12, 2012
11:28 EDTCZRCaesar's Entertainment, Enjoy S.A. to form strategic relationship
Caesars Entertainment and Enjoy S.A. have signed a definitive agreement to form a strategic relationship in Latin America, one of the fastest growing casino gaming markets in the world. Under terms of the agreement, Enjoy will acquire 45% of Baluma S.A., the Caesars subsidiary which owns and operates the Conrad Punta Del Este Resort and Casino in Punta Del Este, Uruguay and Caesars will become a shareholder in Enjoy. Caesars and Enjoy will also cooperate on marketing and player development, increasing each company's distribution capacity and strengthening the value proposition to their customers through the ability to offer greater amenities to customers who consolidate their play with the two companies. Under the terms of the transaction, Enjoy will acquire 45% of Baluma S.A. for $139.5M in cash and stock. Following the transaction, Caesars will own 10% of Enjoy, which it will receive through the subscription of shares in a capital raising that Enjoy will conduct prior to closing. Enjoy will have the option to acquire the remaining stake in Baluma S.A, between years three and five of the relationship. Caesars will have the right to nominate one member to the Enjoy Board.
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17:32 EDTCZRCaesar's made REIT proposal on Oct. 28, says proposal 'outdated'
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17:05 EDTCZRCaesar's up 17.3% after Bloomberg report of turning operating unit into REIT
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November 18, 2014
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November 14, 2014
13:40 EDTCZRCaesar's says 'substantial doubt' exists on CEOC continuing as going concern
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November 13, 2014
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November 12, 2014
10:34 EDTCZROptions with decreasing implied volatility
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November 11, 2014
17:50 EDTCZRCaesar's works out debt restructuring with senior creditors, Bloomberg says
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10:39 EDTCZROptions with decreasing implied volatility
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November 10, 2014
18:32 EDTCZROn The Fly: After Hours Movers
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16:11 EDTCZRCaesar's says acting to reduce expenses, increase EBITDA
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16:09 EDTCZRCaesar's reports Q3 EPS ($6.29), consensus ($1.47)
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16:06 EDTCZRCaesar's announces retirement of CFO Colvin, Hession appointed successor
Caesars Entertainment announced the appointment of Eric Hession, the company's senior vice president and treasurer, as Chief Financial Officer, effective January 1, 2015. Hession will succeed Donald Colvin, who is retiring from the company effective December 31. Hession's appointment is subject to regulatory approval. "Colvin's departure from the company is unrelated to the company's financial condition or financial reporting. There is no disagreement between Colvin and the company," Caesars stated.
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10:09 EDTCZROptions with increasing implied volatility: CZR IGT CMCSA TWC
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