Earlier this year, Las Vegas Sands Corp. (NYSE: LVS) was denied land rights to an expansion project on Macau. The land, called Parcels 7 and 8, was part of a larger project…
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for May 2012 came in at $885.1million, down -10.05% compared with May 2011. For…
Earlier this month Las Vegas Sands Corp. (NYSE: LVS) withdrew its appeal of a decision by the Chinese government that denied the company a permit to construct a new casino on property…
It’s been six years since the US Congress outlawed “illegal online gambling” without ever defining what the term meant. Congress did say what it wasn’t however: it is not illegal for a…
As of the end of 2011, Las Vegas Sands Corp. (NYSE: LVS) had spent $101.5 million on developing a project in Macau for which it did not have the required land rights.…
In its latest report on gambling revenues in the state, the Nevada Gaming Commission said that total revenue for March 2012 came in at $854.6 million, down -10.86% compared with March 2011.…
The major US stock indexes opened mostly flat this morning following a softer-than-expected report from the Institute for Supply Management on non-manufacturing growth (our coverage here). The report on new unemployment benefits…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Wednesday morning. Carnival Corp. (NYSE: CCL) Maintained Hold but cut estimates…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning. Arcelor Mittal (NYSE: MT) Started as Equal Weight at Barclays. Avanir Pharmaceuticals, Inc. (NASDAQ:…
Paulson & Co. Inc. is another hedge fund group that investors use for Whale Watching, although this last quarter was not exactly kind to Mr. Paulson’s billions… The current 13F report shows…
Jon OggThese are some of this Tuesday’s top analyst upgrades, downgrades, and initiations seen having an impact from Wall Street research calls. Alon USA Energy, Inc. (NYSE: ALJ) is the value stock…
At about mid-day, the Dow is off nearly -4%, the Nasdaq is off nearly -4.5%, and the S&P 500 is down just over -4%. It’s not a good day, and things are…
Most investors love when the market bounces big after a huge sell-off. The 600+ point drop in the Dow Jones Industrial Average on Monday actually came to almost 2,000 lost DJIA points…
The Federal Reserve is under pressure to offer solutions to falling markets and a slow economy. (Reuters) The Swiss franc hits a record against the euro. (Reuters) Bank of America (NYSE: BAC)…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Thursday morning. Advanced Micro Devices, Inc. (NYSE: AMD) Raised to Outperform at FBR.…
