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Stock Market & Financial Investment News

News Breaks
February 18, 2014
06:23 EDTLVSLas Vegas Sands restores websites following hacker attack, Bloomberg reports
About a week after an attack by still unidentified hackers, Las Vegas Sands Corp. has restored its websites to service in the U.S., Singapore and Macau, China, reports Bloomberg. Reference Link
News For LVS From The Last 14 Days
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June 30, 2015
15:17 EDTLVSMacau visa change does not signal a change in policy, says Wells Fargo
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12:50 EDTLVSMacau transit visa rules reversed, signal end of tightening, says BofA/Merrill
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12:44 EDTLVSMacau appears to re-lengthen visas to 7 days, says Brean Capital
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June 26, 2015
09:32 EDTLVSNevada reports May Statewide gaming win up 3.33% to $1.0B
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June 19, 2015
07:38 EDTLVSMacau official says monthly revenue could hit four year low, says Wells Fargo
Wells Fargo reports that a Macau official said that the region's gaming revenue may hit the lowest level in over four years this month. The official said that the region's June gambling revenue could be more than 20% below the average for the first five months of this year, the firm added. Wells says that Macau's gaming industry remains challenged, and it remains neutral on the sector. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).
June 16, 2015
10:58 EDTLVSCasino stocks strengthen after report of investor Kerkorian death
09:36 EDTLVSActive equity options trading on open
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08:08 EDTLVSMacau Q2 estimates lowered below consensus at Morgan Stanley
Following a trip to Macau, Morgan Stanley said the market is still far from a turnaround and trends are still weakening. The firm does not expect Q2 to-date GGR results of (36%) to improve, below its prior estimate of (30%), and lowered forecasts. Morgan Stanley's Q2 Macau property-level EBITDA estimate for MGM Resorts (MGM) falls to $121M vs. consensus of $141M, Wynn Resorts (WYNN) lowered to $200M vs. consensus of $210M, and Las Vegas Sands (LVS) drops to $521M vs. consensus of $549M.

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