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Stock Market & Financial Investment News

News Breaks
August 11, 2014
16:13 EDTCZRCaesar's reports Q2 EPS ($3.24), consensus ($1.19)
Reports Q2 revenue $2.19B, consensus $2.22B. The company said, "For the second quarter, our business demonstrated continued strength in Las Vegas driven in part by our hospitality investments, which was offset by the persistent softness in the regional markets and Atlantic City. The LINQ and High Roller are stimulating greater traffic to Caesars' affiliated properties in the vicinity and we are focused on maximizing their potential. As we look ahead, we are excited about further expanding and enhancing our network with the opening of Horseshoe Baltimore and the potential development of an integrated resort in South Korea. We believe the advances we are making across the enterprise coupled with ongoing capital structure initiatives aimed at reducing leverage at CEOC will produce a positive impact on our business."
News For CZR From The Last 14 Days
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January 22, 2015
10:35 EDTCZROptions with decreasing implied volatility
Options with decreasing implied volatility: CZR ACHN NFLX SN NBR TLM CREE BBY LNCO BBRY
January 15, 2015
13:01 EDTCZRCaesars unit bankruptcy stayed by Delaware bankruptcy judge, Reuters says
The bankruptcy filing for a Caesars Entertainment unit was issued a stay by a judge in Delaware, Reuters reports. The judge, who says the stay applies only to the company's operating unit, noted that the stay won't bar Caesars from seeking interim "first-day" orders, Reuters reports. Reference Link
08:15 EDTCZRApollo may have hard time with Caesar's 'fairness' test, Bloomberg says
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06:21 EDTCZRGoldman Sachs helped Apollo in Caesar's restructuring deal, NY Post reports
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05:32 EDTCZRCaesar's appoints Randall Eisenberg as Chief Restructuring Officer of CEOC
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05:31 EDTCZRCaesar's CEOC reports terms of restructuring
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05:28 EDTCZRCaesar's CEOC files for voluntary reorganization under Chapter 11 Bankruptcy
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05:26 EDTCZRCaesar's CEOC files for voluntary reorganization under Chapter 11 Bankruptcy
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January 14, 2015
14:02 EDTCZRNew Jersey reports Atlantic City gaming win down 11.2% to $190.5M in December
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12:43 EDTCZRCaesar's volatility increases on unit to file bankruptcy, report
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12:13 EDTCZRCaesar's unit to file bankruptcy tomorrow in Chicago, Bloomberg reports
Caesars Entertainment announced in a court filing today that it will put its main operating unit, Caesars Entertainment Operating Co., into bankruptcy tomorrow in Chicago, in dispute of a rival bankruptcy suit filed by Caesars' junior bondholders earlier this week, reported Bloomberg. Reference Link
06:25 EDTCZRCaesar's unit expected to file own Chapter 11 bankruptcy petition, WSJ reports
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January 12, 2015
13:46 EDTCZRJunior creditors file suit in bid to block Caesars restructuring, Bloomberg says
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