BUZZ-U.S. STOCKS ON THE MOVE-Oil stocks, BlackBerry, Advaxis, ContraFect
(For faster updates on individual market-movers, Eikon users please use search string "STXBZ US"; for the Day Ahead newsletter, link.reuters.com/mex49s; for the Morning News Call newsletter, link.reuters.com/nex49s) U.S. stocks were little changed on Monday. The Dow Jones industrial average was up 0.44 percent at 17,882.6, the S&P 500 was up 0.01 percent at 2,070.77 and the Nasdaq Composite was up 0.20 percent at 4,774.69.
** CAESARS ENTERTAINMENT CORP, $15.605, +15.68 pct
** CAESARS ACQUISITION CO, $9.99, +5.60 pct
Casino and entertainment company Caesars Entertainment, whose largest operating unit plans to file for bankruptcy, said it would buy affiliate Caesars Acquisition in an all-stock deal. The world's largest gaming company said the deal would allow it to restructure the unit's debt of about $18.4 billion without the need for significant outside financing.
Breakingviews-Wall St's $18 bln poker game has more rounds to go
** OCWEN FINANCIAL CORP, $15.65, -28.54 pct
** ALTISOURCE PORTFOLIO SOLUTIONS SA, $32.36, -31.93 pct Continued...