Tag Archives: NASDAQ:CZR

Caesars Entertainment (NASDAQ:CZR) Net Loss Double in Fiscal Fourth Quarter Due to Sandy

Caesars Entertainment Corp (NASDAQ:CZR) reported on Monday that its fiscal Q4 net loss over doubled to $469.7 million due to Hurricane Sandy and a write-off at one New Jersey property. Stock of the biggest owner of United States casinos tumbled.…

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MGM Resorts International (NYSE:MGM) Plans of Investing Further on Revamping

MGM Resorts International (NYSE:MGM) intends to invest more than half $1 billion on restructuring its Las Vegas and Detroit assets as it rides high following recording complete occupancy through New Year’s Eve and through CES.

The firm is looking forward …

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Penn National Gaming Inc. (NASDAQ:PENN) Dividing Assets, Operations Unit

Penn National Gaming Inc. (PENN) reported that it intends to divide its wings into two publicly traded firms, a gaming-aimed real estate investment trust and a gaming operator.
The spinoff of the REIT’s shares is predicted to take place in …

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MGM Resorts International’s (NYSE:MGM) Loss Increases on Lousy Tax Benefit – MGM, CZR, LVS, LOW, HD, NWSA, WU, SIRI, EBAY

MGM Resorts International’s (NYSE:MGM)reported that its third-quarter loss swelled due to a smaller tax benefit as compared to last year same quarter, though the casino and resort operator posted enhanced revenue, courtesy to its Chinese operations.

The firm’s revenue has …

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Wednesday’s Top Positive Momentum Stocks – NASDAQ:CZR, NYSE:CLF, NASDAQ:FRAN

Caesars Entertainment Corp (NASDAQ:CZR) shares jumped 6.7 percent. Renaissance Capital reported on Wednesday Caesars’ quiet period will end on Monday. The casino firm increased around $16 million in February in an initial public offering.

NASDAQ:CZR reported the gain of +8.72% …

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Soaring stocks and the reasons why (CZR, CSC, AVID)

In this report: Caesars Entertainment Corp. (NASDAQ:CZR), Computer Sciences Corp. (NYSE:CSC) and Avid Technology (NASDAQ:AVID).

Caesars Entertainment Corp. (NASDAQ:CZR) shares surged by more than 67 percent today. The company seen the huge rally on its first day of trading after …

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