Las Vegas Sands

The earnings crunch continues this week even as the month of July winds to a close. Quarterly reports of note scheduled for the week include those from Netflix (NASDAQ: NFLX), United Parcel Service (NYSE: UPS), Exxon Mobil (NYSE: XOM), Starbucks (NASDAQ: SBUX), Merck (NYSE: MRK) and Dow Chemical (...

Jefferies reports that it is maintaining its balanced stance on Las Vegas Sands Corp. (NYSE: LVS) shares “due to the prospective complications that could result from the operator's ongoing regulatory investigations, however we believe that the company has undertaken some key strategic initiatives,...

JP Morgan has lowered the price target on Las Vegas Sands (NYSE: LVS) from $58 to $55 and maintains its Overweight rating.

According to Hudson Securities, Las Vegas Sands (NYSE: LVS) 1Q11 quarter is likely to be strong. Hudson Securities said that LVS reports 1Q11 results after the bell today. “We are expecting strong results in Macau given favorable trends in market wide gaming revenues.” Las Vegas Sands closed...

Stifel Nicolaus is out with its report today on Las Vegas Sands (NYSE: LVS), upgrading LVS from Hold to Buy. In a note to clients, Stifel Nicolaus writes, "Given the strong sell-off (20% since its 52 week high on 11/10 vs. S&P +9%), we are upgrading shares from Hold to Buy and establishing a $...

In a recent research report Hudson Securities commented on the Las Vegas January visitation numbers for Las Vegas Sands (NYSE: LVS), Wynn Resorts (NASDAQ: WYNN), MGM Resorts (NYSE: MGM). “Visitation was up 8.6% to 3.13 million visitors, on a large increase in convention attendance.' Hudson...

Hudson is out with its report on Las Vegas Sands (NYSE: LVS), commenting on LVS after a 10K disclosure mentioned that it had received a subpoena from the SEC in February. In a note to clients, Hudson writes, "This disclosure came on what otherwise should have been a good day for LVS. Macau revenues...

Citi is out with its report today on Las Vegas Sands (NYSE: LVS), lowering its price target from $55 to $54.50. In a note to clients, Citi writes, "LVS plunged 6.3% overnight, whilst Sands China is down 6.4% by 3:02PM HK time on the disclosure in the 10-K that the parent company has received a...

KeyBanc Capital is out with its report today on Las Vegas Sands (NYSE: LVS), upgrading LVS from Hold to Buy. In a note to clients, KeyBanc Capital writes, "We have raised our quarterly and full year expectations for 2011 and 2012 and are upgrading our investment opinion from HOLD to BUY. We are...

Jefferies & Co. has published a research report on Casinos and their earnings preview for 3Q2010. In the report, Jefferies writes "We believe that 3Q10 should reflect declines in most domestic markets and dramatic increases in Asia. Casino revenue results for July, August and September were...

Jefferies & Co. has published a research report on Casinos and their earnings preview for 3Q2010. In the report, Jefferies writes "We believe that 3Q10 should reflect declines in most domestic markets and dramatic increases in Asia. Casino revenue results for July, August and September were...

Room rates on the Las Vegas strip have increased, in some cases even by double digits as witnessed by monitoring and comparing rates from September '09 to September '10, Hudson Securities reports. The Aria has seen rates rebound, with a 17% increase in September alone. On 9/18, rooms were selling...

Las Vegas Sands (NYSE: LVS) posted adjusted property EBITDA of $473.5M on $1.59B net revenue, whereas Hudson Securities expected only $415.1M adjusted property on net revenues of $1.65B. Key investment points are very strong in Macau at $302.2M (32.1M above estimate), moderate in Las Vegas (...

Looking at the Philadelphia skyline (or any city skyline, for that matter) it is easy to see that in any city the only way to maximize floorspace is to move upward. It is interesting to note that this is not always the case, as the largest building in the world (by floorspace) is a...