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Stock Market & Financial Investment News

News Breaks
May 21, 2014
07:12 EDTLVSLas Vegas Sands' Adelson said to weigh ceding CEO post, WSJ says
Las Vegas Sands' Chairman and CEO Sheldon Adelson has told some people at the company that he would consider giving up his dual post if it is necessary to secure the right succession candidate for the company's current COO Mike Leven, according to The Wall Street Journal, citing a person familiar with the matter. Reference Link
News For LVS From The Last 14 Days
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March 3, 2015
06:44 EDTLVSMacau gambling revenue fell 49% in February, NY Times reports
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06:43 EDTLVSMacau reports February casino revenue down 48.6% to 19.54B patacas
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February 27, 2015
09:35 EDTLVSNevada reports January statewide gaming win up 7.75% to $952.7M
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February 26, 2015
08:29 EDTLVSDeutsche cuts 2015 Macau growth forecast to down 21.4%
Deutsche Bank lowered its 2015 Macau gross gaming revenue forecast to down 21.4% from down 8.4% saying the demand issues will not be solved by expanding capacity. The firm's confidence in a Macau turnaround remains "muted," but it continues to view shares of MGM Resorts (MGM) as "meaningfully undervalued." It views Buy-rated Wynn Resorts (WYNN) as better suited for longer term investors at this stage, and lowered its price target for the stock to $170 from $176. Deutsche also cut its price target for Hold-rated Las Vegas Sands (LVS) to $49 from $53.
February 25, 2015
09:36 EDTLVSActive equity options trading on open
Active equity options trading on open according to Track Data: AAPL HPQ PBR FSLR MRVL TSLA LVS ABX TWTR MGM
February 24, 2015
09:52 EDTLVSMacau to review mainland’s individual visit scheme, Macau Business Daily says
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