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Stock Market & Financial Investment News

News Breaks
October 25, 2010
18:32 EDTLVS, IHGIntercontinental Hotels and Las Vegas Sands sign strategic agreement
Intercontinental Hotels (IHG) announced the signing of a ten-year license agreement with Las Vegas Sands (LVS) to affiliate The Venetian and The Palazzo with the InterContinental Hotels & Resorts global portfolio. The Venetian and The Palazzo will maintain their independent and established identities. The Venetian and The Palazzo will gain access to IHG's global operating system, which includes the hotel industry's most visited websites in 13 different languages, 10 worldwide call centers, powerful global sales force, as well as Priority Club Rewards, the world's largest hotel loyalty program with 52 million members.
News For IHG;LVS From The Last 14 Days
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March 19, 2015
13:00 EDTLVSCasino operators jump after analyst starts with Buy ratings
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10:02 EDTLVSOn The Fly: Analyst Initiation Summary
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March 18, 2015
16:23 EDTLVSLas Vegas Sands initiated with a Buy at Brean Capital
Target $65.
10:00 EDTLVSOn The Fly: Analyst Downgrade Summary
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08:28 EDTLVS, LVSLas Vegas Sands downgraded to Outperform from Buy at CLSA
CLSA downgraded Las Vegas Sands to Outperform and lowered its price target to $60 from $80 as part of Macau sector downgrade to reflect disappointing run rates year-to-date and expectations for more negative newsflow. See sector note for further information.
08:24 EDTLVS, LVSMacau sector downgraded at CLSA
CLSA downgraded the Macau sector given disappointing run rates year-to-date and expectations for more negative newsflow. The firm said the anti-corruption campaign continues to pressure VIP and premium mass customer visits. CLSA now expects 2015 EBITDA growth of -26%, lowered its view of VIP growth to -32% from -14%, reduced mass growth to -17% from -2%, and now expects new Cotai projects ROIC to average only +18, down from +35% previously. As part of the sector view change, the firm downgraded Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN) to Outperform from Buy.
March 16, 2015
09:37 EDTLVSActive equity options trading on open
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