LV sands is MATI?

[imperialarms]

<div class="p">
<p>Alamak why they never consult fengshui master&nbsp;
</p>
<div id="StoryContent_TopPageNavigation_AuthorInformation" class="StoryHeadlineDetails">
<p>By <a href="http://www.marketwatch.com/news/mailto.asp?x=99+109+111+122+101+101&amp;y=Carla+Mozee&amp;z=marketwatch.com&amp;guid=%7Baad62289-81e1-444b-b51e-b561febc56ea%7D&amp;siteid=mktw">Carla Mozee</a>, MarketWatch
</p>
</div>
<div id="StoryContent_TopPageNavigation_LastUpdated" class="StoryHeadlineDetails" style="color: rgb(163, 163, 163);">Last update: 9:31 p.m. EST Nov. 10, 2008
</div>
<p><span class="LqQtGroup"><span class="quotedToolTip"><span class="quotedToolTipBox">
<img class="pixelTracking" border="0" height="1" width="1" /></span><span class="qted symbol"><a href="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=LVS">
<br />LVS</a></span></span><span class="marketicon"><span class="mwlivequotes unchanged delayed" mwfield="Flags" mwformat="None" mwsymbol="LVS">&nbsp;</span></span><span class="price" style="padding-left: 3px;"><span class="mwlivequotes up delayed" mwfield="Price" mwformat=",2" mwsymbol="LVS">8.00</span></span>, <span class="mwlivequotes up delayed" mwfield="Change" mwformat="+2" mwsymbol="LVS">+0.97</span>, <span class="mwlivequotes up delayed" mwfield="PercentChange" mwformat="+1%" mwsymbol="LVS">+13.8%</span>) </span> shares fell 6.3% to $7.50 following the company's report that its net loss narrowed to $32.2 million, or 9 cents a share, from $48.5 million, or 14 cents a share, in the year-ago period. Adjusted earnings were 2 cents a share, and revenue rose to $1.21 billion, from $694.3 million.
</p>
</div>
<div class="p">
<p> Analysts surveyed by FactSet Research expected earnings of 11 cents a share on revenue of $1.16 billion.
<br />&nbsp;Las Vegas Sands shares rose 14% in Monday's regular-session. They stumbled Friday after the company said it will likely violate debt covenants this quarter, spurring fears that the <font color="#ff0000"><b><font size="6">company could file for bankruptcy.</font></b></font>
</p>
</div>
<div class="p">
</div>

 

[no_faith]

yet they announced the recruitment of 10000 workers?

nw sands need a sugar daddy to pump sum money in the project...

 

[eeoror88]

yet they announced the recruitment of 10000 workers?

nw sands need a sugar daddy to pump sum money in the project...

Li Ka Singh ??

 

[Tiu-leh-see-fart]

Marina sands casino will be completed over a dead body in 2009.

This is a curse, and nothing can stop it now, even the PAP can't stop it---in fact they hastening the curse---hiring 10k and on standby to help sands.

The curse must go on, Rejoice !




LOS ANGELES (Reuters) – Casino operator Las Vegas Sands Corp_(LVS.N), which warned last week it was in danger of violating loan agreements, said on Monday it would suspend construction in Macau as it copes with a lack of financing options.

Sands also reported a narrower third-quarter net loss and said it expects to shortly release details of a $2 billion bond sale.

"The whole solvency risk is gone and it looks like the liquidity risk will be gone," said Jefferies & Co analyst Lawrence Klatzkin.

Sands has elected to significantly slow the pace of development activity along Macau's Cotai Strip "as we focus our current efforts on maximizing our cash flow and our returns on invested capital from our existing properties in Macau," Chief Operating Officer William Weidner said in a statement.

Majority-owner Chairman and Chief Executive Sheldon Adelson, speaking on a conference call, said the Macau government may act to help find financing for the projects.

The company also said it would suspend work on the St. Regis luxury-condominium project in Las Vegas and would focus on the casino components at its Bethlehem, Pennsylvania, development.

It still expects the Marina Bay Sands project in Singapore to open next year.

The Las Vegas-based company posted a net loss of $32.2 million, or 9 cents a share, compared with a net loss of $48.5 million, or 14 cents a share, in the year-earlier quarter.

Sands attributed the smaller loss to increases in operating income and an income tax gain, partially offset by an increase in interest expense and a decrease in other income.

After adjusting for one-time items, Sands said it earned 2 cents a share in the quarter, well short of the 11 cents a share expected by analysts, as compiled by Reuters Estimates.

"The results weren't that bad ... Vegas was a little bit on the rocks, but that was expected," Klatzkin said.

The company said net revenue rose 67 percent to $1.11 billion, close to the $1.16 billion expected by analysts.

Sagging U.S. consumer spending power has hurt business in Las Vegas, where Sands operates the Palazzo and Venetian resorts, as well as the Sands Expo and Convention Center.

The company operates two casinos in Macau, where officials have recently restricted travel from mainland China, and has several more projects underway there as well as in Singapore and Bethlehem, Pennsylvania.

The company said in its U.S. Securities and Exchange filing on Monday that if it is unable to raise additional capital in the near term, it would need to consider further suspending portions, if not all, of its remaining global development projects.

The casino operator has also filed a shelf registration with regulators that would allow it to sell securities.

Shares of Sands, which have plummeted from a 52-week high above $122, rose 14 percent on Monday to close at $8.00 on the Nasdaq only to fall in after-hours trade to $7.45.

(Editing by Tim Dobbyn, Editing by Phil Berlowitz)

<div class="p">
<p>Alamak why they never consult fengshui master&nbsp;
</p>
<div id="StoryContent_TopPageNavigation_AuthorInformation" class="StoryHeadlineDetails">
<p>By <a href="http://www.marketwatch.com/news/mailto.asp?x=99+109+111+122+101+101&amp;y=Carla+Mozee&amp;z=marketwatch.com&amp;guid=%7Baad62289-81e1-444b-b51e-b561febc56ea%7D&amp;siteid=mktw">Carla Mozee</a>, MarketWatch
</p>
</div>
<div id="StoryContent_TopPageNavigation_LastUpdated" class="StoryHeadlineDetails" style="color: rgb(163, 163, 163);">Last update: 9:31 p.m. EST Nov. 10, 2008
</div>
<p><span class="LqQtGroup"><span class="quotedToolTip"><span class="quotedToolTipBox">
<img class="pixelTracking" border="0" height="1" width="1" /></span><span class="qted symbol"><a href="http://www.marketwatch.com/tools/quotes/quotes.asp?symb=LVS">
<br />LVS</a></span></span><span class="marketicon"><span class="mwlivequotes unchanged delayed" mwfield="Flags" mwformat="None" mwsymbol="LVS">&nbsp;</span></span><span class="price" style="padding-left: 3px;"><span class="mwlivequotes up delayed" mwfield="Price" mwformat=",2" mwsymbol="LVS">8.00</span></span>, <span class="mwlivequotes up delayed" mwfield="Change" mwformat="+2" mwsymbol="LVS">+0.97</span>, <span class="mwlivequotes up delayed" mwfield="PercentChange" mwformat="+1%" mwsymbol="LVS">+13.8%</span>) </span> shares fell 6.3% to $7.50 following the company's report that its net loss narrowed to $32.2 million, or 9 cents a share, from $48.5 million, or 14 cents a share, in the year-ago period. Adjusted earnings were 2 cents a share, and revenue rose to $1.21 billion, from $694.3 million.
</p>
</div>
<div class="p">
<p> Analysts surveyed by FactSet Research expected earnings of 11 cents a share on revenue of $1.16 billion.
<br />&nbsp;Las Vegas Sands shares rose 14% in Monday's regular-session. They stumbled Friday after the company said it will likely violate debt covenants this quarter, spurring fears that the <font color="#ff0000"><b><font size="6">company could file for bankruptcy.</font></b></font>
</p>
</div>
<div class="p">
</div>

 

[no_faith]

Li Ka Singh ??

i tink he prefers to be sugar daddy of celebrities bah?

 

[theblackhole]

this is a rare and golden opportunity - one in a life's time - to jump into the sands and pump in money!!! into the bottomless quicksands...hallelujah!!!! they come a begging and we world class gahments is going to pump pump and pump!!!

will we ever learn?

 

[Ah Guan]

yet they announced the recruitment of 10000 workers?

The demon of Sentosa island requires a sacrificial virgin...

But since sinkapore is already out of virgins, 10,000 non-virgins are required for this ritual....

 

[DannyBoyBoy]

Las Vegas Sands secures US$2b capital funding, remains committed to S'pore project


SINGAPORE: Las Vegas Sands said Tuesday it has secured over US$2 billion in capital funding commitments to avoid violating loan agreements.

President and Chief Operating Officer William Weidner said in a conference call that Sands expects to close the transaction by the end of the week.

He continued to say that however, there will be some changes to Sands' overseas resort developments.

It will stop construction work at two sites in Macau's Cotai Strip pending project financing arrangements.

Mr Weidner said Sands hopes to have an agreement with a major Chinese bank within the next three to six months.

Sands will also suspend the building of its St Regis Residence luxury-condominium project in Las Vegas indefinitely.

The operator said it expects to save US$1.8 billion by delaying and curbing plans for those projects.

But Sands said it remains committed to its Marina Bay Sands project in Singapore, and expects to open the resort by late 2009 according to plan.

Sands said it expects a significant return on capital from the Marina Bay Sands resort project.

It assured that the current capital market conditions will not significantly impact the integrated resort development in Singapore.

Sands also released its third quarter financial results overnight.

It narrowed its net loss to US$32.2 million, compared with US$48.5 million a year ago.

Sands said this is due to increases in operating income and an income tax gain.

Revenue increased by two-thirds to US$1.1 billion.

- CNA/yb