57°F
weather icon Partly Cloudy

Sands posts third-quarter loss

Las Vegas Sands Corp. (LVS), which has lost 92 percent of its market value this year, posted a third-quarter loss as its operating costs increased, Bloomberg reported today.

The net loss was $32.2 million, or 9 cents a share, compared with a loss of $48.5 million, or 14 cents, a year earlier, when Sands incurred expenses preparing to open new casino resorts in Macau and Las Vegas.

MOST READ
Don't miss the big stories. Like us on Facebook.
THE LATEST
What travelers can expect as Southwest Airlines introduces assigned seats

Southwest Airlines passengers made their final boarding-time scrambles for seats on Monday as the carrier prepared to end the open-seating system that distinguished it from other airlines for more than a half‑century.

 
Videos of deadly Minneapolis shooting contradict government statements

Leaders of law enforcement organizations expressed alarm Sunday over the latest deadly shooting by federal officers in Minneapolis while use-of-force experts criticized the Trump administration’s justification of the killing, saying bystander footage contradicted its narrative of what prompted it.

MORE STORIES