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LVS shoots up at Reuters Travel and Leisure Summit 03.03.2009 Shares of Las Vegas Sands shot up as much as 16 percent on March 3 after CEO Sheldon Adelson told detailed the casino operator’s strategy for avoiding a debt default at the Reuters Travel and Leisure Summit in New York. The strategy includes cost cutting, the sale of two retail malls and increased business in Macau. Shares of Sands, which had been trading flat, shot up more than 16 percent, and ended with a gain of 5 percent. Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here	firsts across any industry Commodities & Energy Energy, metals, agricultural and environmental markets FX & Money Markets Macroeconomics, monetary policy, FX and money markets Politics & Risk Politics and political risk Equity & Derivatives Companies, sectors, M&A and the financial industry Fixed Income Sovereign and corporate debt, credit, and ratings firsts by region Americas View stories from this region Europe / Middle East / Africa View stories from this region Asia View stories from this region Emerging Markets View stories from this region

Equity & Derivatives

Companies, sectors, M&A and the financial industry

LVS shoots up at Reuters Travel and Leisure Summit

03.03.2009

Shares of Las Vegas Sands shot up as much as 16 percent on March 3 after CEO Sheldon Adelson told detailed the casino operator’s strategy for avoiding a debt default at the Reuters Travel and Leisure Summit in New York. The strategy includes cost cutting, the sale of two retail malls and increased business in Macau. Shares of Sands, which had been trading flat, shot up more than 16 percent, and ended with a gain of 5 percent.

Reuters Firsts will need at least flash player 9 to give you the full experience. The latest Flash player can be downloaded here