57.01 0.00 (0.00%)
After hours: 6:09PM EDT
|Bid||56.80 x 1300|
|Ask||57.29 x 1800|
|Day's range||56.92 - 57.48|
|52-week range||47.39 - 69.60|
|Beta (3Y monthly)||1.32|
|PE ratio (TTM)||22.97|
|Earnings date||22 Oct 2019 - 28 Oct 2019|
|Forward dividend & yield||3.08 (5.35%)|
|1y target est||69.13|
Nektar Therapeutics (NKTR) presents preliminary data on triple negative breast cancer patients from an early-stage study, which fails to impress investors.
A top Republican donor warned President Donald Trump in a phone call last month that his escalating trade war with China could hurt his re-election prospects, the Wall Street Journal reported on Sunday, citing people familiar with the call. Casino magnate Sheldon Adelson discussed with Trump the broader implications of the U.S.-China trade war rather than the impact on Adelson's business interests, one of the people familiar with the call said, according to the newspaper report. Adelson, a major donor for Republican election campaigns, is the founder and chief executive officer of Las Vegas Sands Corp , a casino company that does business in the Chinese territory of Macao.
U.S. stocks fell on Tuesday as data showed factory activity contracted for the first time since 2016 in August, renewing fears that a drawn-out trade war between the United States and China could tip the world's largest economy into recession. The Institute for Supply Management said its index of national factory activity decreased to 49.1, compared with a reading of 51.1 estimated by analysts polled by Reuters. "A contraction in the manufacturing sector, which we haven't seen for a very long time, is important because it has a tendency to be a leading indicator for the rest of the economy including the services sector," said Randy Frederick, vice president of trading and derivatives for Charles Schwab in Austin.
Gambling revenue in the Chinese territory of Macau dropped 8.6% in August on the year, hit by tapering demand from high rollers, due to slowing economic growth amid China's trade war with the United States and protests in neighbouring Hong Kong. August's figure was 24.3 billion patacas ($3.01 billion), Macau's Gaming Inspection and Coordination said in data posted on Sunday, below analysts' expectations of a drop of 2%-6%. While protests in the Asian financial hub of Hong Kong have disrupted transport and deterred travel to the former British colony and then on to Macau, analysts say the impact on gaming revenues has been minimal.
The Chinese territory of Macau elected former legislature head Ho Iat Seng as its leader on Sunday - the sole approved candidate. Ho, who has deep ties to China, is expected to cement Beijing's control over the special administrative region and distance it from protests in neighbouring Hong Kong. The 62-year-old's highly scripted appointment comes as the former Portuguese colony tries to position itself as a beacon of stability and model for the Chinese government's "one country, two systems" formula through which Beijing administers Macau and Hong Kong.
Las Vegas Sands (LVS) reported earnings 30 days ago. What's next for the stock? We take a look at earnings estimates for some clues.
Japan's second-largest city, Yokohama, said on Thursday it would bid to host a casino resort, a newly legalised industry the government hopes will stimulate the economy and tourism. Yokohama, facing Tokyo Bay and located a short train ride from the capital, joins candidates such as Osaka, Nagasaki and Wakayama vying to host integrated resorts (IR) expected to attract more tourists and investment. Las Vegas Sands Corp promptly announced interest in Yokohama, saying it would pursue IR development there or in the capital rather than in Osaka.
Las Vegas Sands' (LVS) dismal price performance can be attributed to the trade war between Beijing and Washington, and lower-than-expected second-quarter 2019 results.
Growing protests in the Asian financial centre of Hong Kong are weighing on the neighbouring Chinese territory of Macau as some visitors steer clear of the world's biggest gambling hub, worried over transport disruptions and safety concerns. Hong Kong, a former British colony, has suffered a wave of sometimes violent protests since June as initial opposition to a now-suspended extradition law evolved into a direct challenge to the government and calls for full democracy. "When you have hundreds of flights cancelled out of Hong Kong and some reluctance to travel, I do think that's impacting the premium end of the business," Matt Maddox, chief executive of Wynn Resorts, which runs two Macau casinos, said this week.
Gambling revenue in the Chinese territory of Macau dropped 3.5% in July from a year earlier, due to tempered demand from high rollers amid a slowdown in the world's second-largest economy and a trade war with the United States. Revenue was 24.5 billion patacas ($3.04 billion) in July, Macau's Gaming Inspection and Coordination said on Thursday. The figure was just below analyst expectations of a 3% drop to 3% rise.
MGM Resorts International (MGM) and Las Vegas Sands Corp (LVS) reports lower-than-expected quarterly numbers in Q2.