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Stock Market & Financial Investment News

News Breaks
February 6, 2014
05:46 EDTS, LVSStocks with implied volatility movement; S LVS
Stocks with implied volatility movement; Sprint (S) 70, Las Vegas Sands (LVS) 32 according to iVolatility.
News For S;LVS From The Last 14 Days
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April 1, 2015
07:06 EDTLVSMacau reports March casino revenue down 39.4% to 21.49B patacas
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06:02 EDTSStandard General wins RadioShack bid, Reuters says
A Delaware bankruptcy judge has approved Standard General's bankruptcy bid for RadioShack's (RSHCQ) assets, Reuters reported yesterday, citing court proceedings. Standard plans to keep most of the company's roughly 1,740 stores open in partnership with Sprint (S), which will occupy roughly one-third of each location. Reference Link
March 31, 2015
10:19 EDTLVSLas Vegas Sands moves up on speculation of an asset spin-off
Las Vegas Sands April weekly 56 and 57 calls are active on total call volume of 7,900 contracts (800 puts) on speculation of an asset spin-off. April weekly call option implied volatility is at 38, April is at 32, May is at 34; compared to its 26-week average of 29 according to Track Data. Active call volume suggests traders taking positions for upside price movement.
10:09 EDTLVSRumor: Las Vegas Sands moves up on speculation of an asset spin-off
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09:33 EDTLVSNevada reports February statewide gaming win down 1.08% to $916.09M
Reports February Las Vegas Strip gaming win down 4.38% to $531.35M. Publicly traded companies in the space include Boyd Gaming (BYD), Caesar's (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).
08:50 EDTSSprint, Softbank to partner with Tidal music streaming service, TechCrunch says
Jay Z's Tidal music streaming service is partnering with Sprint (S) and Sprint-owner Softbank (SFTBF), reports TechCrunch, citing statements by Vania Schlogel, an executive at Tidal's parent company Aspiro. TechCrunch notes that during a recent launch event, singer Alicia Keys emphasized that the service looks to offer "exclusive experiences" between artists and consumers. Reference Link
March 26, 2015
09:02 EDTSSamsung Galaxy S6, S6 edge to be available in U.S. beginning April 10
Samsung Electronics America (SSNLF) announced the Galaxy S 6 and Galaxy S 6 edge will be available in the U.S. beginning April 10, with pre-orders starting March 27. In the U.S., the Galaxy S 6 and Galaxy S 6 edge will be available in Black Sapphire, White Pearl and Gold Platinum -- in 32GB, 64GB and 128GB2 memory options. AT&T (T), Sprint (S), T-Mobile (TMUS), U.S. Cellular (USM) and Verizon Wireless (VZ) will carry both the Galaxy S 6 and Galaxy S 6 edge, while Boost Mobile, Cricket Wireless and MetroPCS will carry the Galaxy S 6. Samsung Experience Shops at Best Buy (BBY), as well as Amazon.com (AMZN), Costco Wholesale (COST), Sam’s Club (WMT), Target (TGT) and Walmart will also carry the Galaxy S 6 and Galaxy S 6 edge. Carriers and retailers will confirm specific pricing and availability.
March 24, 2015
08:52 EDTSSprint CEO may make 'unfortunate misstep,' says FBR Capital
FBR Capital says its vendor checks indicate new Sprint CEO Marcello Claure has undertaken a strategic review of the company's competitive positioning. The firm believes Truco, the strategic advisory group brought in by Claure, is advocating a "premature network rip and replace program." FBR says this approach of converting Sprint's 1.9GHZ spectrum to uplink would be an "unfortunate misstep and a missed opportunity to embrace the technology shift underway." The firm sees risk of Sprint under-investing and weakening its franchise value further. It has a Market Perform rating on the name.
March 23, 2015
07:13 EDTSRadioShack bankruptcy auction to begin Monday, WSJ says
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March 19, 2015
13:00 EDTLVSCasino operators jump after analyst starts with Buy ratings
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10:02 EDTLVSOn The Fly: Analyst Initiation Summary
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March 18, 2015
16:23 EDTLVSLas Vegas Sands initiated with a Buy at Brean Capital
Target $65.
13:59 EDTST-Mobile announces 'Un-contract,' 'Carrier Freedom' initiatives
Today, during an event held to announce Un-carrier 9.0 − Un-carrier for Business − T-Mobile (TMUS) unveiled two new major Un-carrier initiatives for consumers. First, with T-Mobile’s new "Un-contract," customers will now have more certainty in their wireless pricing than ever before. Consumers and businesses with the Simple Choice rate plan will find that rates won’t go up as long as they’re a T-Mobile customer and keep their plan − and even customers with unlimited 4G LTE will lock in their rates for a minimum of two years. The Un-carrier also launched "Carrier Freedom," a new move where T-Mobile will now cover all outstanding phone and tablet payments up to $650 per line when customers from AT&T (T), Verizon (VZ) or Sprint (S) switch to T-Mobile.
10:00 EDTLVSOn The Fly: Analyst Downgrade Summary
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08:28 EDTLVS, LVSLas Vegas Sands downgraded to Outperform from Buy at CLSA
CLSA downgraded Las Vegas Sands to Outperform and lowered its price target to $60 from $80 as part of Macau sector downgrade to reflect disappointing run rates year-to-date and expectations for more negative newsflow. See sector note for further information.
08:24 EDTLVS, LVSMacau sector downgraded at CLSA
CLSA downgraded the Macau sector given disappointing run rates year-to-date and expectations for more negative newsflow. The firm said the anti-corruption campaign continues to pressure VIP and premium mass customer visits. CLSA now expects 2015 EBITDA growth of -26%, lowered its view of VIP growth to -32% from -14%, reduced mass growth to -17% from -2%, and now expects new Cotai projects ROIC to average only +18, down from +35% previously. As part of the sector view change, the firm downgraded Las Vegas Sands (LVS), MGM Resorts (MGM), and Wynn Resorts (WYNN) to Outperform from Buy.

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