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Business

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THE LATEST Business NEWS
Sands settlement draws muted reaction on Wall Street; shares rise

Wall Street on Wednesday viewed Las Vegas Sands Corp.’s $47.4 million settlement with federal prosecutors to avoid criminal money laundering charges as something of a nonevent. Shares of the casino operator rose $1.41, or 2.58 percent, on the New York Stock Exchange to close at $55.98, the first day of trading after the settlement was announced late Tuesday.

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