Late last year, Japan legalized casinos in the country, opening up a gaming industry that could generate as much as $30 billion a year in revenues and become the second-largest casino market in the world. As several players scout for licenses, Las Vegas Sands (NYSE: LVS) is ready to invest heavily in the region, committing to an initial investment of $10 billion. While this is a significant number, if Las Vegas Sands is able to capture a decent share in the market, it would make sense given the revenue potential of the market. Currently, Macau and Singapore are the largest value drivers of the....More>>>
Investment company P-Solve Investments Ltd buys Vanguard FTSE Developed Markets, Vanguard FTSE Emerging Markets, Schwab U.S. Broad Market, sells Vanguard Small-Cap Value during the 3-months ended 2017-09-30, according to the most recent filings of the investment company, P-Solve Investments Ltd. As of 2017-09-30, P-Solve Investments Ltd owns 12 stocks with a total value of $2.6 billion. These are the details of the buys and sells.
Added Positions: VEA, VOO, VWO, VTI, SCHB, ACWI, Reduced Positions: VBR, SPY, VNQI, VNQ,
For the details of P-Solve Investments Ltd’s stock buys....More>>>
iRhythm Technologies (Pending:IRTC) intends to raise up to $86.25 million in
The company has a differentiated, long-term cardiac monitoring device that transmits data on patient heart activity.
While the company has not disclosed valuation, assuming it is in the neighborhood of $250 million, I would be in favor of the IPO stock.
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San Francisco-based iRhythm sells a medical device and related service that collects data on patient heart arrhythmias for clinical treatment....More>>>
November 28, 2017: Markets opened higher Tuesday and, barring a mid-afternoon dip, have traded positively all day. The Senate Finance committee passed the Republican tax bill, furthering bolstering spirits this afternoon. Among the sectors, financials and telecom posted the largest gains while real estate was the only sector to trade in the red. WTI crude oil for January delivery settled at $57.99 a barrel, down 0.2% for the day as investors wait for Thursday’s OPEC meeting. December gold added 30 cents on the day to settle at $1,299.20. Equities were headed for a higher close shortly....More>>>
On November 5, Oracle (NYSE:ORCL)confirmed that it has finally completed the acquisition of Netsuite (NYSE:N) for $9.3 billion in cash, or $109 per share that the company had initially offered. In my previous article about Oracle, I had suggested that the acquisition of NetSuite, the cloud business application software company, is a smart move by Oracle. What’s more, it is not paying an excessive price for the deal. In fact, Oracle insisted that it will not pay more than what it had first offered despite the resistance from T Rowe Price (NSDQ:TROW)which demanded $133 per share.