Las 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
Check below for free stories on LVS the last two weeks.
BofA/Merrill lowers Macau forecasts BofA/Merrill lowered its 2014 Macau gross gaming revenue forecast to +5% year-over-year from +12% due to a slowdown in July mass trends. As a result, the firm lowered Las Vegas Sands' (LVS) price target to $88 from $95 and Wynn Resorts' (WYNN) to $260 from $270.