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.
