las vegas sands corp (LVS:New York)
las vegas sands corp (LVS) Snapshot
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Open
$58.83
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Previous Close
$58.93
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Day High
$59.66
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Day Low
$58.73
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52 Week High
05/14/13 - $59.97
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52 Week Low
07/26/12 - $32.61
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Market Cap
49.1B
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Average Volume 10 Days
4.5M
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EPS TTM
$2.07
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Shares Outstanding
824.9M
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EX-Date
06/18/13
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P/E TM
28.8x
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Dividend
$1.40
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Dividend Yield
6.47%
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las vegas sands corp (LVS) Latest News
las vegas sands corp (LVS) Related Businessweek News
las vegas sands corp (LVS) Details
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company owns and operates The Venetian Macao Resort Hotel, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao and Sands Cotai Central in Macau, the People’s Republic of China. It also owns and operates the Marina Bay Sands in Singapore; The Venetian Resort Hotel Casino, the Palazzo Resort Hotel Casino, and the Sands Expo and Convention Center in Las Vegas, Nevada; and the Sands Casino Resort Bethlehem in Bethlehem, Pennsylvania. The company’s integrated resorts comprise accommodations, gaming and entertainment facilities, retail facilities, convention and exhibition facilities, celebrity chef restaurants, and other amenities. Las Vegas Sands Corp. was founded in 1988 and is based in Las Vegas, Nevada.
las vegas sands corp (LVS) Top Compensated Officers
las vegas sands corp (LVS) Key Developments
A jury awarded a Hong Kong businessman a $70 million judgment against Las Vegas Sands Corp. Richard Suen claimed he was owed up to $328 million for helping the Las Vegas-based company secure a lucrative gambling license in Macau, the only place in China where casino gambling is legal. Las Vegas Sands attorneys argued Suen was owed nothing because he didn't make good on a promise to aid company executives. The eight-person Clark County District Court jury deliberated for two days before returning the award, potentially bringing to an end nine years of litigation. Suen remained straight-faced as the verdict was read, as he had throughout the trial, while Sands attorneys pursed their lips and shook their heads. Attorneys for the company then asked for a retrial, saying a juror had revealed she was prejudiced against Adelson. However, the judge said he found the argument unconvincing and noted Sands could've made the objection earlier. Adelson had attended court last week for closing arguments but was absent from Tuesday's proceedings.
Jurors began deliberations in a nine-year-old breach of contract case against Las Vegas Sands after hearing conflicting stories from lawyers about the role a Hong Kong businessman played in helping Sands enter the Chinese gambling enclave of Macau. Sands attorney Richard Sauber said in his closing argument that the company knew about opportunities in Macau in the early 2000s and did not need the help of plaintiff Richard Suen. Attorneys for Suen have countered that it was impossible to know how things would have turned out if casino mogul Sheldon Adelson had not consulted with their client, who is suing for $328 million.
Las Vegas Sands Corp. announced that its targeting the opening of The Parisian for late 2015. The company has also submitted plans to the Macau government for the development of a 2 million square foot tropical garden retail mall just south of Sands Cotai Central, on the east side of the Cotai Strip. The mall will feature over 900,000 square feet of value-oriented destination shopping and dining, targeted specifically at the mass market visitors of Macau.
| Recently Viewed | |||
| LVS:US | $59.48 USD | +0.55 | |
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Industry Analysis
LVS
Industry Average
| Valuation | LVS | Industry Range |
| Price/Earnings | 30.5x |
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| Price/Sales | 4.2x |
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| Price/Book | 6.6x |
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| Price/Cash Flow | 19.1x |
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| TEV/Sales | 3.0x |
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Post a JobJobs
- Las Vegas, NV | Las Vegas SandsPosted: May 19
- Las Vegas, NV | Las Vegas SandsPosted: May 19
- Las Vegas, NV | Las Vegas SandsPosted: May 19
- Las Vegas, NV | Las Vegas SandsPosted: May 19
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To contact LAS VEGAS SANDS CORP, please visit www.lasvegassands.com. Company data is provided by Capital IQ. Please use this form to report any data issues.
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