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Stock Market & Financial Investment News

News Breaks
June 4, 2014
14:44 EDTLVSLas Vegas Sands says looking to add non-gaming space in Macau
The company is seeking approval to add hotel rooms, exhibition space and other non-gaming space in Macau, it said. The company said it is "very confident" in its future in Macau, which it views as the best gaming environment in the world. Las Vegas Sands noted it is in the process of hiring an executive search firm to head a search for a replacement for COO Mike Leven, who is retiring at the end of the year. Comments from the company's annual meeting of stockholders.
News For LVS From The Last 14 Days
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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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