November 30, 2016
Sands Education Council Empowers Leaders in Clark County for Community Driven Schools
Partnership with School District Provides Educators with Essential Site-Based Leadership Training On the heels of its one-year anniversary, Sands Education Council , a partnership comprised of Las Vegas Sands (NYSE: LVS), The Public Education Foundation , Teach For America – Las Vegas Valley and Nevada Succeeds , is excited to announce its plan to proactively aid in providing necessary training to education leaders throughout Clark County in preparation for the newly, state-approved reorganization of the Clark County School District (CCSD). The reorganization will include the implementation of a site-based leadership school model, the belief that critical decisions affecting instruction should be made at the school level by those most closely involved with the students. This model places more decision making rights in the hands of the school's teachers, parents, and principals, granting the school community freedom to make decisions typically determined by CCSD's central office....
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November 3, 2016
Las Vegas Sands Reports Third Quarter 2016 Results
For the Quarter Ended September 30, 2016 (Compared to the Quarter Ended September 30, 2015) - Consolidated Net Revenue Increased 2.6% to $2.97 Billion, Net Income was $605.5 Million - GAAP Earnings per Diluted Share was $0.65; Adjusted Earnings per Diluted Share was $0.72; and Hold-Normalized Adjusted Earnings per Diluted Share was $0.64 - Consolidated Adjusted Property EBITDA Increased 8.6% to $1.14 Billion, With Margin Expanding 210 Basis Points to 38.5% - Hold-Normalized Adjusted Property EBITDA was $1.06 Billion, With Margin of 37.3% In Macao: - Adjusted Property EBITDA Increased 15.3% to $628.5 Million, While Hold-Normalized Adjusted Property EBITDA Increased 5.2% to $564.5 Million - Strong Cost Discipline Drove a 170 Basis Point Improvement in Hold-Normalized Adjusted Property EBITDA Margin to 34.7% - The Parisian Macao Generated Adjusted Property EBITDA of $19.2 Million During First 18 Days of Operation At Marina Bay Sands in Singapore: - Adjusted Property EBITDA was $390.7...
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October 26, 2016
Las Vegas Sands Recognized as World Leader for Corporate Climate Change
Las Vegas Sands Corp. (NYSE: LVS) has been identified as a global leader for the third time for its actions and strategies in response to climate change, and has been awarded a position on the Climate A List by CDP, the international not-for-profit that drives sustainable economies. 193 “A Listers” appear on the list, which has been produced at the request of 827 investors with assets of US$100 trillion. Thousands of companies submit annual climate disclosures to CDP for independent assessment against its scoring methodology. LVS is among 9% of corporations participating in CDP’s climate change program to be awarded a position on the Climate A List, in recognition of its actions to reduce emissions and mitigate climate change in the past reporting year. " Las Vegas Sands is devoted to environmental stewardship through the work of our Sands ECO360 Global Sustainability Program,” said Robert Goldstein, president and chief operating officer of Las Vegas Sands. “This important...
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