GO
Loading...

Caesars Entertainment Corp

More

  • JACKSON, Miss.— A division of Caesars Entertainment Corp. is asking a federal bankruptcy judge for permission to "dismantle and liquidate" part of its shuttered Harrah's casino complex in Mississippi's Tunica County. A Wednesday court filing said Caesars wants to remove five barges that hold a 136,000- square-foot casino in Buck Lake, an oxbow lake of the...

  • Nasdaq stocks posting largest percentage decreases Friday, 6 Mar 2015 | 1:26 PM ET

    Hurco Companies fell 14.1 percent to $29.71. Orexigen Therapeutics Inc. fell 11.4 percent to $7.10. Gulf Island Fabrication Inc. fell 11.1 percent to $12.85.

  • LAS VEGAS— A federal judge in Chicago ruled Wednesday that a bankrupt division of Caesars Entertainment Corp. can tap some of the $847 million in cash it has on hand for at least five weeks. Judge Benjamin Goldgar said Caesars Entertainment Operating Co. could access its cash in the interim despite objections from some of the company's creditors.

  • March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year. The plan was filed on Monday when the parent company Caesars...

  • Best Buy and Orexigen are big market movers Tuesday, 3 Mar 2015 | 4:44 PM ET

    NEW YORK— Stocks that moved substantially or traded heavily Tuesday on the New York Stock Exchange and the Nasdaq Stock Market:. Best Buy Co., up 55 cents to $39.18. Ford Motor Co., down 40 cents to $16.17.

  • Caesars' operating unit files bankruptcy exit plan Tuesday, 3 Mar 2015 | 12:20 PM ET

    March 3- The operating unit of casino company Caesars Entertainment Corp unveiled its plan to cut $10 billion of debt and to exit Chapter 11 in a late Monday filing with a U.S. Bankruptcy Court. Bankruptcy Judge Benjamin Goldgar in Chicago and creditors, a process that can easily take a year or more. The plan was filed on Monday when the parent company Caesars...

  • LAS VEGAS— LAS VEGAS— The gambling gods were not kind to Caesars Entertainment Corp. in the fourth quarter. The losing streak at Caesars Palace, along with the costs to start up new restaurants and properties as well as overhead expenses, was enough to offset encouraging new revenue from its properties online and on the ground, said Caesars Entertainment CEO Gary...

  • Early movers: HSP, LB, SIRI, YUM, CME & more Thursday, 5 Feb 2015 | 7:49 AM ET

    Some of the names on the move ahead of the open.

  • Treasury and a federal grand jury over alleged failures to comply with anti-money laundering law, has hired away Wal-Mart Stores Inc's top expert. "We are very confident AML experience with Wal-Mart qualifies him for his new role with us." The Las Vegas- based company's decision to hire a high-profile, outside anti-money laundering expert, instead of promoting...

  • Atlantic City to investors: Gamble on our bonds Sunday, 1 Feb 2015 | 11:59 AM ET
    A sign marks the Trump Taj Mahal Hotel and Casino in Atlantic City.

    Atlantic City is engaging in another type of gamble: convincing investors to buy its junk-rated bonds.

  • Jan 28- The bankruptcy of the operating unit of Caesars Entertainment Corp's will proceed in Chicago, a victory for the casino company's private equity backers over its hedge fund creditors who wanted the case in Delaware. Bankruptcy Judge in Delaware sent shares of parent company Caesars Entertainment, which is controlled by Apollo Global Management and...

  • Midday movers: Petrobras, Advent Software & more Wednesday, 28 Jan 2015 | 12:59 PM ET

    Some of Wednesday's midday movers:

  • Jan 28- A U.S. bankruptcy judge said on Wednesday he would not transfer the bankruptcy filing of Caesars Entertainment Corp's operating unit to Delaware from Chicago, a victory for the company's private equity backers. Hedge funds creditors wanted the casino company's $10 billion debt-cutting plan reviewed under the legal standards of the Delaware court.

  • WILMINGTON, Del, Jan 27- The operating unit of Caesars Entertainment Corp will learn Wednesday whether its bankruptcy will proceed in Chicago, where the casino company filed for Chapter 11 this month, or in Delaware, a U.S. bankruptcy judge in Delaware said on Tuesday. Allowing the case to proceed in Chicago would be a victory for Caesars private equity backers,...

  • ATLANTIC CITY NJ/ NEW YORK Jan 22- A new emergency management team for the casino resort town Atlantic City said it would take about six months for a turnaround plan to show results but it was' premature' to talk about bankruptcy for the city, which has seen gaming revenues decimated. New Jersey Governor Chris Christie on Thursday appointed a turnaround team,...

  • ATLANTIC CITY, NJ/ NEW YORK Jan 22- New Jersey Governor Chris Christie on Thursday appointed a turnaround team, including former Detroit emergency manager Kevyn Orr, for Atlantic City in a step the struggling casino town has resisted. The team will be led by Emergency Manager Kevin Lavin, who previously worked for business and turnaround consultancy FTI.

  • NEW YORK Jan 22- New Jersey governor Chris Christie plans on Thursday to introduce former Detroit emergency manager Kevyn Orr as part of an emergency management team for struggling Atlantic City, according to a press invitation to the event. A former corporate bankruptcy lawyer at the firm Jones Day, he most recently guided Detroit through the biggest-ever...

  • WILMINGTON, Delaware/ CHICAGO Jan 15- The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday in Chicago to cut $10 billion of debt, but a Delaware judge intervened to halt the case before it got started. The bankruptcy was filed overnight by Caesars Entertainment Operating Company Inc and 179...

  • Jan 15- The operating unit of Caesars Entertainment Corp, the largest U.S. casino company, filed for Chapter 11 bankruptcy on Thursday to implement its plan to cut $10 billion of debt, but faced an immediate challenge over where the case should proceed. The bankruptcy protection was filed by Caesars Entertainment Operating Company Inc and scores of affiliates...

  • Early movers: BAC, BBY, GOOG, APPL & more Thursday, 15 Jan 2015 | 8:28 AM ET
    Trader on the floor of the New York Stock Exchange.

    Some of the names on the move ahead of the open.