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Stock Market & Financial Investment News

News Breaks
December 13, 2013
06:03 EDTLVSLas Vegas Sands no longer pursuing Spain development, will continue in Asia
After months of on-going discussions with various levels of the Spanish government and continued internal due diligence, Las Vegas Sands said that a formal proposal to invest more than $30B to develop a series of integrated resorts in Madrid, Spain will not be forthcoming from the company. Chairman and CEO Sheldon Adelson stated that the company remains focused on encouraging Asian countries, like Japan and Korea, to enhance their tourism offering through the development of integrated resorts.
News For 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 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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