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Casino owner Sheldon Adelson hit with $70-million verdict
This post has been corrected and updated, as indicated below.LAS VEGAS – A Hong Kong businessman hit a $70-million court-awarded jackpot Tuesday when a jury agreed that he had helped the casino empire run by billionaire Sheldon Adelson get a gambling foothold in China. This is the second time in five...Tags: Macau, Parties and Movements, Trials, Hong Kong, Lifestyle and Leisure
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Nevada jury awards Suen $70 mln in case against Sands
ReutersLOS ANGELES, May 14 (Reuters) - The Las Vegas Sands Corp said a Nevada state court had awarded Hong Kong businessman Richard Suen $70 million after he sued the company claiming it had failed to make good on a promise to pay him for helping it get...Tags: Macau, Crime, Law and Justice, Justice System
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Hong Kong shares may start steady, Galaxy Entertainment in focus
ReutersHONG KONG, May 15 (Reuters) - Hong Kong shares could start steady on Wednesday, with the Macau casino sector in focus after Galaxy Entertainment posted a record first quarter adjusted EBITDA of HK$2.8 billion. Chinese internet giant Tencent Holdings...Tags: China, Macau, Japan, Hong Kong, HSBC Holdings plc
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U.S. RESEARCH ROUNDUP: AIG, Express Scripts, Eli Lilly, Carlyle Group
ReutersMay 13 (Reuters) - Wall Street securities analysts revised their ratings and price targets on several U.S. companies, including AIG, Carlyle Group and Express Scripts, on Monday. HIGHLIGHTS * AIG : Barclays raises to overweight from equal weight -...Tags: Aeropostale Inc., Orbotech Limited, Weight, Global Hunter Corporation, Gaming
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HK's Galaxy Entertainment says to buy $419 mln Macau assets
ReutersHONG KONG, May 5 (Reuters) - Galaxy Entertainment Group Ltd said on Sunday it would buy assets in Macau's Cotai from hotel operator and casino marketing firm Get Nice Holdings Ltd for HK$3.25 billion ($419 million). The assets include properties and...Tags: Macau, Hong Kong, Entertainment
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Hong Kong shares may weaken; soft U.S., China data weigh
ReutersHONG KONG, May 2 (Reuters) - Hong Kong shares could return from a mid-week Labour Day holiday weaker on Thursday, after soft China manufacturing data and a disappointing jobs report in the United States heightened concerns about the global economy....Tags: Labor Markets, Xi Jinping, Japan, Hong Kong, HSBC Holdings plc
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STOCKS NEWS SINGAPORE-Index up; DBS rises on record profit
ReutersSINGAPORE, May 2 (Reuters) - Singapore shares touched a five-year high on Thursday, with DBS Group Holdings rising over 4 percent, its biggest daily gain in more than three years after posting a record profit for the first quarter. The Straits Times...Tags: Singapore
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The day ahead in business May 1
Reports: MBA mortgage index for week ended April 27, 6 a.m.; ADP employment change for April, 7:15 a.m.; PMI manufacturing index for April, 7:58 a.m.; ISM manufacturing index for April, 9 a.m.; Construction spending for March, 9 a.m.; Crude inventories...
Tags: Hospira, Inc., Garmin Ltd., Visa Inc., Marriott International Inc., Facebook
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Gamblers not so anonymous: Beijing keeps closer eye on Macau
ReutersBy Farah Master MACAU, April 30 (Reuters) - With little fanfare, China is sending an official with a 'tough cop' reputation to be its top man in Macau, the world's biggest gambling hub, as Beijing puts tackling corruption centre stage. Li Gang, a...Tags: Consumer Goods Industries, Finance, Economy, Business and Finance, Business, Hong Kong
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PricewaterhouseCoopers quits as Sands auditor, no dispute cited
ReutersBy Ronald Grover April 26 (Reuters) - Las Vegas Sands Corp, the casino company, said on Friday that accounting firm PricewaterhouseCoopers will not stand for re-election as the company's auditor, ending a 25-year relationship with Sands founder and...Tags: Corporate Crime, Finance, Corruption, Economy, Business and Finance, Business Enterprises
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As Sheldon Adelson takes stand in casino trial, wisecracks ensue
LAS VEGAS — Billionaire casino mogul Sheldon Adelson looked relaxed. His arm was slung over the back of the courtroom witness chair with the cozy demeanor of a guest on an afternoon talk show. He was dressed impeccably in a gray business suit,...Tags: Japan Earthquake and Tsunami (2011), Prosecution, Judges, Parties and Movements, Trials
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Vegas magnate Sheldon Adelson comes out of the shadows
LAS VEGAS — For years, he's been the Wizard of the Strip, an Oz-like character whose wealth and power have never been in doubt but who has stayed behind a curtain, away from public exposure. Sheldon Adelson, 79, who rose from impoverished roots in...
Tags: Judges, Parties and Movements, Israel, Crime, Law and Justice, Witnesses
May 14, 2013
|Story| Los Angeles Times
May 14, 2013
|Story| Reuters
May 14, 2013
|Story| Reuters
May 13, 2013
|Story| Reuters
May 5, 2013
|Story| Reuters
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Reuters
May 1, 2013
|Story| Chicago Tribune
Apr 29, 2013
|Story| Reuters
Apr 26, 2013
|Story| Reuters
Apr 6, 2013
|Story| Los Angeles Times
Apr 4, 2013
|Story| Los Angeles Times
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