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Thursday, January 15, 2015

BRIEF-Delaware bankruptcy judge to enter stay vs Caesars Entertainment corp's operating unit's bankruptcy filing, (NASDAQ: CZR)

Caesars Entertainment Corp : * Delaware bankruptcy judge says will enter stay against Caesars Entertainment corp's operating unit's bankruptcy filing * Delaware bankruptcy judge: stay will not bar Caesars Entertainment corp'sunit from seeking interim 'first-day' orders * Delaware bankruptcy judge: stay only applies to Caesars Entertainment corp'soperating unit, not others in Chicago case

Caesars Entertainment Corporation, is a diversified casino-entertainment provider. Shares of CZR fell by 5.19% or $-0.66/share to $12.05. In the past year, the shares have traded as low as $8.51 and as high as $26.74. On average, 1563150 shares of CZR exchange hands on a given day and today's volume is recorded at 1082914.