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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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August 28, 2015
09:34 EDTLVSNevada reports July statewide gaming win down 0.96% to $922.89M
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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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