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Stock Market & Financial Investment News

News Breaks
August 5, 2014
09:27 EDTCZRCaesar's and it subsidiary filed suit against certain institutional investors
Caesars Entertainment and its subsidiary, Caesars Entertainment Operating Company, filed suit in the Supreme Court of New York, New York County against certain institutional investors who they believe have sought to injure them by attempting to thwart CEOC's restructuring efforts through actions apparently designed to push CEOC into default. The complaint states that Caesars and CEOC believe some creditors are motivated to act against the best interest of the enterprise and other creditors to inflate the value of credit default swap positions or improve other unique securities positions. The complaint names certain institutional investors who hold second-lien notes issued by CEOC, along with Elliott Management, which holds first-lien notes.
News For CZR From The Last 14 Days
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February 27, 2015
09:35 EDTCZRNevada reports January statewide gaming win up 7.75% to $952.7M
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February 25, 2015
14:07 EDTCZRCaesar's April calls active into Q4 and outlook
Caesar's April 13 calls are active on total volume of 11K contracts compares to its open interest of zero contracts according to Track Data. Active call volume suggests traders taking positions into the expected release of Q4 results on March 2.
February 18, 2015
08:16 EDTCZRCaesar's receives demand for payment of $3.68B guaranteed obligations
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