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Stock Market & Financial Investment News

News Breaks
August 15, 2014
08:09 EDTCZRCaesar's bondholders see more bankruptcies if loyalty split okayed, NY Post says
A group of Caesar's bondholders, including David Tepper, are pushing back against the company's efforts to transfer control of its Caesars Enterprise Services loyalty unit to a separate entity, according to the New York Post. New Jersey's Casino Control Commission was scheduled to vote on the issue Thursday, but tabled the request as it continues to investigate the matter, the Post added. The unsecured debtholders have told the regulator that if they allow the transfer that Caesars would likely put Bally’s Atlantic City and Caesars Atlantic City into bankruptcy, according to the report. Reference Link
News For CZR From The Last 14 Days
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May 15, 2015
11:08 EDTCZROmega Advisors gives quarterly update on stakes
NEW STAKES: Targa Resources (TRGP), Targa Resources Partners (NGLS), Humana (HUM), Dow Chemical (DOW), and Twenty-First Century Fox (FOXA). INCREASED STAKES: Kinder Morgan (KMI), Chimera Investment Corporation (CIM), AerCap Holdings (AER), Shire (SHPG), and KKR & Co. (KKR). DECREASED STAKES: eBay (EBAY), Altisource Portfolio Solutions (ASPS), Caesars Entertainment (CZR), Navient (NAVI), and TerraForm Power (TERP). LIQUIDATED STAKES: HCA Holdings (HCA), Gilead (GILD), Cabot Oil & Gas (COG), and Apple (AAPL).

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