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Actionable news in CZR: Caesars Entertainment Corporation,

10 Biggest Mid-Day Losers For Monday

  • Caesars Entertainment Corp CZR 17.55% shares tumbled 15.8 percent to $6.34 after a court ruling leaves the company exposed to $11 billion in legal claims. On Friday, a U.S. judge ruled that Caesars Entertainment Operating Corp (CEOC) con no longer protect parent company Caesars Entertainment Corp from lawsuits concerning CEOC bond debt issued prior to its Chapter 11 bankruptcy in January 2015.
  • Amarin Corporation plc (ADR) AMRN 3.08% shares declined 3.6 percent to $2.97 after the company disclosed that its subsidiary has announced a mandatorily exchange of all of its 3.5 percent May 2014 Exchangeable Senior Notes due 2032 into American Depositary Shares (ADSs) of Amarin. Each ADS represents one ordinary share of Amarin, meaning the company will issue 384.6154 ADSs for each $1,000 principal amount of 2014 Notes.

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