JPMorgan Downgrades Las Vegas Sands (LVS) to Neutral
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Las Vegas Sands Reports First Quarter 2016 Results
April 20, 2016 4:01 PM EDTLAS VEGAS, April 20, 2016 /PRNewswire/ -- Las Vegas Sands Corp. (NYSE: LVS), the world's leading developer and operator of convention-based integrated resorts, today reported financial results for the quarter ended March 31, 2016.
First Quarter Overview
Mr. Sheldon G. Adelson, chairman and chief executive officer, said, "The operating environment in Macao remained challenging during the quarter; but we do see signs of stabilization, particularly in the mass market. Our focus on the higher margin mass and non-gaming segments and the geographic diversification of our cash flows enabled us to... More
