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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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August 21, 2015
16:01 EDTLVSOptions Update; August 21, 2015
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07:17 EDTLVSMacau developments negative, says Wells Fargo
Wells Fargo says that its checks on Macau for August indicate that the region's revenues are trending flat to down this month. According to Wells, in August the region's revenues are historically up 4% versus July. The firm adds that comments by Macau casino owner Galaxy suggest that the market has not yet bottomed. Wells believes that the market has not yet stabilized and remains neutral on Macau stocks, although it remains upbeat on their long-term outlook. Publicly traded companies in the Macau gaming space include Las Vegas Sands (LVS), MGM Resorts (MGM), Melco Crown (MPEL) and Wynn Resorts (WYNN).
August 18, 2015
07:13 EDTLVSMacau GGR poised to sink 37% in August, says Bernstein
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