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Wednesday, February 8, 2012 - 9:11pm
Five More Stocks ETFs Need More Of
A while back we took a look at a few big name stocks that were surprisingly underrepresented in the world of ETFs. All were hard to explain and two in particular, BHP Billiton (NYSE: BHP) and Caterplillar (NYSE: CAT), were outright surprises given that they're the largest companies in their...
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UPDATE: JP Morgan Lowers Target to $61 on Las Vegas Sands
Thursday, February 2, 2012 - 11:01amJP Morgan maintains its Overweight rating on Las Vegas Sands (NYSE: LVS) and cuts its target price to $61 from $64 a share on 4Q11 takeaways. JP Morgan says, "4Q11 results reported last night reflected (1) solid, overall momentum in Macau and (2) loss of VIP and Mass table momentum as...
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JP Morgan Lowers PT on Las Vegas Sands to $61
Thursday, February 2, 2012 - 6:33amJP Morgan has lowered the price target on Las Vegas Sands (NYSE: LVS) from $64 to $61 and maintains its Overweight rating.
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Las Vegas Sands Falls on Record Earnings, Declares Dividend
Wednesday, February 1, 2012 - 4:33pmLas Vegas Sands (NYSE: LVS) reported record adjusted earnings per share of 57 cents, up from 42 cents in the previous quarter, matching analyst expectations. The company also reported an annual dividend of $1.00 per share, as predicted by analysts at Morgan Stanley. The dividend will be paid on...
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Earnings Preview: Las Vegas Sands
Wednesday, February 1, 2012 - 3:01pmLas Vegas Sands (NYSE: LVS) will report earnings after the closing bell today at 4:30PM, when it is expected to report quarterly earnings of 57 cents per share, according to analyst consensus. Analysts also expect the company to report $2.47 billion in revenue, up from $2.4 billion in reported...
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Resorts Suffer as China Cools
Wednesday, December 7, 2011 - 10:48am
China's services sector suffered it's weakest growth in three months in November, and Wynn Resorts (NASDAQ: WYNN) and Las Vegas Sands (NYSE: LVS) saw a negative response. According to CNBC, the latest data is portraying an economy slowing quickly and in need of policy support. “The index fell to...
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Deutsche Bank Maintains Buy, $62 Target on Las Vegas Sands
Monday, December 5, 2011 - 7:41amDeutsche Bank reiterates it Buy rating and $62 target price on Las Vegas Sands Corp. (NYSE: LVS) as junket program is seen making headway. Deutsche Bank notes, “While too early to call it a trend, LVS VIP rolling chip volume share in November (11.1%) was up 150 bps versus October and 180 bps...
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JP Morgan Maintains Overweight Rating on Las Vegas Sands
Wednesday, November 23, 2011 - 6:38amA report from J.P. Morgan reiterates its Overweight rating on Las Vegas Sands (NYSE: LVS). The report states, “Over the last two days we met in New York City with LVS's President of Global Gaming Operations Rob Goldstein and IRO Dan Briggs. Overall, we believe the tone of the...
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Tuesday, November 1, 2011 - 9:05am
Casino Stocks Take a Hit as the House Loses
There are reports on Tuesday morning that the casino industry has taken a major fall. Las Vegas Sands (NYSE: LVS) is down approximately 4.5 percent at the time of writing. Wynn Resorts (NASDAQ: WYNN) is down 5.6 percent, and MGM Resorts International (NYSE: MGM) is down 8.3 percent. The fall seems...
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Las Vegas Sands: Only Up From Here
Friday, October 28, 2011 - 12:48pm(TheStreet) -- Las Vegas Sands' (NYSE: LVS) third-quarter results could be just the catalyst needed to drive the stock higher. The casino giant saw its third-quarter profit double to $353.6 million, or 44 cents a share, on revenue of $2.41 billion. On an adjusted basis, Sands earned 55 cents a...
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