Reading Tea Leaves by Randy Wilson (Free subscription) | 03/12/2008
Not a good year for either of them. This complaint filed in Nevada state court charges Adelson and the other directors with malfeasance including “abuse of control, gross mismanagement and waste of corporate assets.” The complaint does a does an excellent job of outlining the various troubles of the company including its suspension of major construction project resulting in firing [...]
Says it is in need of a bailout (Free subscription) | 02/12/2008
Palin puts faith in God for. Gates Is a Veteran Player on Saint bridget Teams. By Mark McSherry NEW YORK Reuters Troubled casino company Las Vegas Sands Corp LVS. Proposed Wisconsin Power and Light Plant Rejected by State Regulators. To expand its existing Nelson Dewey Generating Station in Cassville, Wisconsin, to meet the future energy needs of its customers. Questions and answers about World warcraft...
US subaru marks years of Subaru. (Free subscription) | 27/11/2008
UPDATE Las Vegas Sands say Singapore casino on track. Which means just removing the driveshafts and water anti freeze before they fly. I really enjoyed the chance to drive the Subaru on tarmac although Linda Long kept slowing me down, telling me that the goal was to finish the event, Walkden joked. The year old drove off in the marked police car after officers left the vehicle to chase him on foot...
BloggingStocks (Free subscription) | 26/11/2008
Filed under: Google (GOOG) , Berkshire Hathaway (BRK.A) , Sears Holdings (SHLD) , Oracle Corp (ORCL) , Las Vegas Sands (LVS) As we begin the trek to grandmother's house, it's worth reflecting on what we have to be thankful for. The answer? When it comes to money, most of us have a lot less than we did a year ago. But for those of you who have your health and your families to comfort you, it will cost...
Global Financial News (Free subscription) | 26/11/2008
Filed under: Google (GOOG) , Berkshire Hathaway (BRK.A) , Sears Holdings (SHLD) , Oracle Corp (ORCL) , Las Vegas Sands (LVS) As we begin the trek to grandmother's house, it's worth reflecting on what we have to be thankful for. The answer? When it comes to money, most of us have a lot less than we did a year ago. But for those of you who have your health and your families to comfort you, it will cost...
Two Way Hard Three (Free subscription) | 26/11/2008
According to the LVRJ, Station Casinos 'owners' (which party is not specified) have will be injecting between $450 and $500 million into the company to shore up its debt situation. http://www.lvrj.com/news/breaking_news/35095264.html Similar to a move by Las Vegas Sands just weeks ago, it shows the difficulties that the consolidated gaming companies are having in this economy.
Times of the Internet (Free subscription) | 25/11/2008
LAS VEGAS, Nov. 24 (UPI) -- The conservative activist group Freedom's Watch may on the verge of shutting its doors, the Las Vegas Review-Journal reported Monday. Citing insiders, the newspaper said the group's major backer, Las Vegas mogul Sheldon Adelson, was battling to hold his Las Vegas Sands empire together amid the U.S. credit crunch and the softening Vegas tourism economy. Freedom's Watch has...
The Huffington Post (Free subscription) | 24/11/2008
Freedom's Watch, the conservative group backed by Las Vegas Sands Corp. Chairman Sheldon Adelson, is pretty much kaput, sources with knowledge of the organization said. The group's dozens of staffers have been paid through the end of the year. After that, Freedom's Watch is likely to shut its doors permanently, said the sources, who spoke on condition of anonymity.
Says it is in need of a bailout (Free subscription) | 23/11/2008
Ford Plans More Cuts as It Tries to Save Cash. An Appraisal Taking Africa With Her to the World. S former president jailed in corruption probe. N Quote, Profile, Research, Stock Buzz top of the line F Raptor fighter until President elect. Gun Sales Soar After Election Day. Las Vegas Sands prices offering, sets Adelson deal. By JOSEPH RHEE A leading critic of AIG today demanded the company. S CEO resign...
InformedTrades (Free subscription) | 23/11/2008
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SeekingAlpha Retail Stocks (Free subscription) | 21/11/2008
Ryan Barnes submits: Reuters ran a story this morning with sources stating that Goldman Sachs (GS) is in talks to put together a syndicate loan for Las Vegas Sands subsidiary Venetian Macau Ltd., to the tune of about $1 billion. According to the story, the loan would be based on the lots 5 & 6 on the Cotai developments, which strike me as a bit strange. (For more on Cotai, peruse “ LVS - Thoughts...
Reuters (Free subscription) | 21/11/2008
MACAU (Reuters) - On Macau's dusty Cotai strip, the cranes at the Las Vegas Sands' construction site stand idle at dusk atop the half-finished husks of three massive towers, while weary batches of construction workers, laid-off en masse, stream out of the site's turnstiles, many for the last time.
SeekingAlpha Retail Stocks (Free subscription) | 20/11/2008
Las Vegas Sands Corp. (LVS) Q3 2008 Earnings Call Complete Story »
China Blog (Free subscription) | 19/11/2008
Casino mogul Steve Wynn has often said that the only way to make money in a casino is to own one. Well, in this economy, that might not even be true. Last week, Wynn's nemesis, Las Vegas Sands' Sheldon Adelson, announced that he would halt construction on the company's $12 billion Cotai Strip project in [...]
Malaysia Property News (Free subscription) | 19/11/2008
LAS VEGAS: Las Vegas Sands Corp has enough money to finish Singapore's first casino without help from the city-state's government or billionaire Kwek Leng Beng after the company raised US$2.1 billion (US$1 = RM3.60), president William Weidner said. Parts of Marina Bay Sands will open later than the end of 2009, as originally scheduled, on construction snags and an "unprecedented" shortage of raw materials...
