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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 Ballyís 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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January 30, 2015
15:32 EDTCZRCaesar's says not yet able to reach pact with lenders regarding restructuring
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09:33 EDTCZRNevada reports December Statewide gaming win down 8.1% to $950.69M
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January 29, 2015
09:23 EDTCZRSenate Health, Education, Labor & Pensions Committee to hold a hearing
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January 28, 2015
11:36 EDTCZRCaesar's unit bankruptcy proceedings to be heard in Chicago, Bloomberg says
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11:19 EDTCZRCaesar's up over 4% after venue win for unit bankrutcy
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11:10 EDTCZRCaesar's wins venue fight for casino unit bankruptcy, Dow Jones says
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January 26, 2015
17:20 EDTCZRCaesar's: CEOC announces expiration of consent period for Bank RSA
On January 26, CEOC announced the expiration of the process for seeking consents from lenders under CEOCís credit agreement to support restructuring of CEOCís outstanding obligations and liabilities, which included consenting to the form of Restructuring Support and Forbearance Agreement that was provided to the lenders. The consent period for the Bank RSA expired at 5:00 p.m., New York City time, on January 26, and the Bank RSA has not become effective per its terms. The expiration of the consent period for the Bank RSA does not affect the Third Amended and Restated Restructuring Support and Forbearance Agreement, dated as of January 14, among CEC, CEOC and holders of claims in respect of CEOCís first lien notes, which remains in effect since becoming effective per its terms on January 9, 2015, as previously disclosed by CECís and CEOCís Current Reports on Form 8-K filed with the Securities and Exchange Commission on January 9.
January 25, 2015
15:40 EDTCZRCaesar's sued for attempting to buy bank lendersí votes, Bloomberg says
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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

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