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Stock Market & Financial Investment News

News Breaks
June 10, 2014
06:00 EDTLVSLas Vegas Sands downgraded to Neutral from Buy at UBS
UBS downgraded Las Vegas Sands to reflect the slowdown in Macau VIP end demand driven by China macro trends and increased cautiousness among junkets. Price target lowered to $79 from $88.
News For LVS From The Last 14 Days
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September 2, 2014
16:00 EDTLVSOptions Update; September 2, 2014
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14:16 EDTLVSMacau casinos retreat after revenue downturn accelerates
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07:02 EDTLVSMacau reports August casino revenue down 6.1% to 28.88B patacas
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August 28, 2014
09:32 EDTLVSNevada reports July statewide gaming win up 0.65% to $931.8M
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August 26, 2014
07:26 EDTLVSMacau estimates lowered at Morgan Stanle
Morgan Stanley lowered Macau 2014 growth estimates to 6% from 12% and 2015 to 11% from 12.5% due to expectations for VIP trends to continue to deteriorate given the China macro impact and notes slowing mass growth rates.
05:50 EDTLVSLas Vegas Sands receives construction permit for Parisian Macao
Las Vegas Sands announced that the company has received the government permit needed for construction on the $2.7B Parisian Macao to resume this week. The company said additional permits will be necessary as the development continues, but after undergoing a brief work stoppage, this approval enables work on the critical podium structure to restart immediately.

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