Las Vegas Sands plans to raise up to $600 million in proceeds from exchangeable bonds saleSeptember 2nd, 2009 Las Vegas Sands plans exchangeable bonds saleLAS VEGAS — Las Vegas Sands Corp. said Wednesday that it plans to raise up to $600 million in proceeds from an exchangeable bonds sale, as the casino operator looks to boost its liquidity.
Huntsman, Walt Disney, Shaw Group, E-Trade are among big market movers MondayAugust 31st, 2009 Huntsman, Walt Disney, Shaw Group are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange:
NYSE:
Huntsman Corp., up 24 cents at $8.59
The chemical company has offered to pay about $415 million for Tronox Inc.'s titanium dioxide and electrolytics businesses. BJ Services Co., up 63 cents at $16.06
Baker Hughes Inc.
Analyst lifts Las Vegas Sands price target after company amends credit agreementAugust 14th, 2009 Analyst increases Las Vegas Sands price targetNEW YORK — An analyst boosted Las Vegas Sands Corp.'s price target Friday after the casino operator reworked a credit agreement so that it could potentially sell a minority stake in its Macau operations to raise cash. Thursday, the Sheldon Adelson-led Las Vegas Sands said the amended Macau facility would improve its financial flexibility.
Las Vegas Sands, Penney, Amgen, Blockbuster are among big market movers FridayAugust 14th, 2009 Las Vegas Sands, Penney, Amgen are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Friday on the New York Stock Exchange:
NYSE:
Las Vegas Sands Corp., down 47 cents to $13.32
An analyst boosted the casino operator
Sands reworks credit line to allow sale of interest in Macau operations, add liquidityAugust 13th, 2009 Sands reworks credit deal to allow Macau saleLAS VEGAS — Casino operator Las Vegas Sands Corp. says it has reworked a credit agreement in a way that would let it sell a minority interest in its Macau operations to raise cash.
BofA, Ford, Alcoa, Huron Consulting, Barclays are among big movers on stock market MondayAugust 4th, 2009 BofA, Ford, Alcoa, Huron Consulting are big moversNEW YORK — The following stocks were among those that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Bank of America Corp., up 53 cents at $15.32
The bank will pay a $33 million fine to the SEC to settle charges it misled investors over $5.8 billion in Merrill Lynch bonuses, said it appointed a former Citigroup CFO to run investment operations and shuffled some other top executives. Ford Motor Co., up 33 cents at $8.33
The automaker said U.S.
Las Vegas Sands Corp. declares quarterly dividend of $2.50 per share of preferred stockAugust 1st, 2009 Las Vegas Sands declares quarterly dividendLAS VEGAS — Casino operator Las Vegas Sands Corp. says it plans to pay a quarterly dividend of $2.50 for each share of its preferred stock.
Las Vegas Sands CEO Sheldon Adelson says room rate cutsJuly 31st, 2009 On the Call: Las Vegas Sands CEO Sheldon AdelsonThe casino industry has seen revenue drop for more than a year at the same time it is coming off an extended building binge. The combination of those factors with the global credit crunch has put many in a financial bind.
Las Vegas Sands to post second-quarter earnings after market closes ThursdayJuly 28th, 2009 Earnings Preview: Las Vegas Sands Corp.LAS VEGAS — Las Vegas Sands Corp. is to report its second-quarter financial results after the market closes Thursday.
Family Dollar, NRG Energy, Amgen, Alcoa, Las Vegas Sands are among big market movers WednesdayJuly 8th, 2009 Family Dollar, NRG Energy, Amgen are big moversNEW YORK — Stocks that moved substantially or traded heavily Wednesday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE:
Family Dollar Stores Inc., up $3.43 at $31.18
The discount retailer's profit grew as recession-struck consumers hit its stores, and its year forecast beat analysts' expectations. NRG Energy Inc., up $1.27 at $23.35
The power company rejected Exelon's sweetened takeover bid, saying it was worth more, and boosted its profit outlook for the year.
Casino operators with Macau properties mixed on disappointing June gaming revenue resultsJuly 1st, 2009 Sector Snap: Casinos mixed on June Macau resultsNEW YORK — Shares of casino operators with Macau properties were mixed Wednesday on disappointing monthly gaming revenue results. June gaming revenue fell 17 percent compared with a year ago, according to media reports.
Ford, Deere, Cisco Systems, Las Vegas Sands, Exxon Mobil among big market movers MondayJune 2nd, 2009 Ford, Deere, Cisco Systems are big moversNEW YORK — Stocks that moved substantially or traded heavily Monday on the New York Stock Exchange and Nasdaq Stock Market:
NYSE
Ford Motor Co., up 38 cents at $6.13
Analysts say the automaker stands to benefit from the bankruptcy protection filings of its Detroit rivals, General Motors and Chrysler. Deere & Co., up $3.49 at $46.96
The farm equipment maker named 34-year company veteran Samuel Allen, 55, as its ninth-ever CEO, starting on the job Aug.
Las Vegas Sands books wider 1st-qtr loss as expenses rise, revenue stays flatMay 5th, 2009 Las Vegas Sands reports wider 1Q lossNEW YORK — Casino operator Las Vegas Sands Corp. said Tuesday its first-quarter loss widened year-over-year as revenue stagnated and expenses rose, but the results were slightly better than Wall Street expected.
Billionaire Adelson paid $1.28M in 2008 to run Las Vegas Sands, 59 percent drop from 2007May 1st, 2009 Las Vegas Sands CEO Adelson paid $1.28M in 2008LAS VEGAS — Billionaire Sheldon Adelson received $1.28 million in compensation as chief executive of Las Vegas Sands Corp. in 2008, 59 percent less than in 2007, as stock in the company where he is majority owner fell 94 percent, according to an Associated Press analysis of a company regulatory filing made Thursday.
Casino co. Las Vegas Sands refuses to comment on report it is selling Macau propertyApril 27th, 2009 Sands declines commment on report about Macau saleLAS VEGAS — Casino company Las Vegas Sands Corp. is declining comment on a Hong Kong newspaper report that it could sell the first foreign-owned casino in the Chinese island of Macau under a lease-back arrangement worth $1.3 billion.