Miriam Adelson makes play for Texas with Mavericks deal

Miriam Adelson makes play for Texas with Mavericks deal

A detailed view of the Dallas Mavericks logo on the court during the fourth quarter in Game Four of the 2022 NBA Playoffs Western Conference Finals between the Golden State Warriors and the Dallas Mavericks at American Airlines Center on May 24, 2022 in Dallas, Texas. Ron Jenkins  | Getty Images News that Miriam Adelson … Read more

Mark Cuban says ‘no plans’ to run for president after Mavericks deal

Mark Cuban says ‘no plans’ to run for president after Mavericks deal

Dallas Mavericks owner Mark Cuban reacts during a timeout in the game against the Golden State Warriors at American Airlines Center on March 22, 2023 in Dallas, Texas. Tim Heitman | Getty Images Mark Cuban, fresh off the news that he is selling a majority stake in the Dallas Mavericks to the mega-Republican donor Adelson … Read more

Stocks making the biggest moves after hours: NTAP, WDAY, LESL, LVS

Stocks making the biggest moves after hours: NTAP, WDAY, LESL, LVS

Close-up of logo on facade at headquarters of software company Workday in Pleasanton, California, March 26, 2018. Smith Collection | Archive Photos | Getty Images Check out the companies making headlines in extended trading. Workday — Stock in the workforce platform provider added more than 6% after third-quarter results surpassed Wall Street estimates. Workday notched … Read more

Miriam Adelson to sell Las Vegas Sands stock, to buy sports team

Miriam Adelson to sell Las Vegas Sands stock, to buy sports team

Miriam Adelson, the largest shareholder of Las Vegas Sands, is selling $2 billion worth of company stock, or roughly 10% of her stake, according to an announcement from the company.   The proceeds will be used to buy a professional sports team, the casino company said in a filing Tuesday, though it did not give details … Read more

What Las Vegas Sands’ strong earnings tell us about Wynn Resorts

What Las Vegas Sands’ strong earnings tell us about Wynn Resorts

A rebound in spending by Chinese travelers helped Las Vegas Sands ‘ (LVS) deliver a strong quarter on Wednesday. It should help Club holding Wynn Resorts (WYNN), too. Las Vegas Sands announced better-than-expected revenue and earnings that were in line with estimates. More importantly, the casino operator posted $1.12 billion in third-quarter adjusted property EBITDA … Read more