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Stock Market & Financial Investment News

News Breaks
October 25, 2010
18:32 EDTIHG, LVSIntercontinental 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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April 24, 2014
16:05 EDTLVSLas Vegas Sands reports Q1 casino revenue $3.37B vs. $2.74B last year
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16:01 EDTLVSLas Vegas Sands reports Q1 adjusted EPS 97c, consensus 93c
Reports Q1 revenue $4.01B, consensus $3.88B.
15:26 EDTLVSNotable companies reporting after market close
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April 23, 2014
14:52 EDTLVSLas Vegas Sands April 78 straddle priced for 4.7% move into Q1
April 22, 2014
07:52 EDTLVSLas Vegas Sands April weekly volatility elevated at 66 into Q1 and outlook
Las Vegas Sands April weekly call option implied volatility is at 66, May is at 35, June is at 31, September is at 29; compared to its 26-week average of 31 according to Track Data, suggesting larger near term price movement into the expected release of Q1 results on April 24.
April 17, 2014
13:01 EDTIHGInterContinental Hotels, Coca-Cola in strategic alliance
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April 14, 2014
14:06 EDTLVSNew Jersey reports March Atlantic City gaming win down 2.2% to $233.4M
New Jersey reported total gaming win from the casino hotels and Internet gaming operations was $233.4M in March, a 2.2% decline compared to the casino win for the same month of last year, including Atlantic Club. Casino win from the eleven casino hotels open in both March 2013 and 2014 decreased by 1.9%. Internet gaming win increased 15.2% for the month, from $10.3M in February to $11.9M for March. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
April 10, 2014
10:24 EDTLVSMGM holds up amid broader downtrend after analyst recommends stock
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