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Las Vegas Sands CEO sells over $5.2 million in company stock

Image from Las Vegas Sands Corp.

Las Vegas Sands Corp. (NYSE: LVS) CEO and Chairman, Robert G. Goldstein, has sold 100,000 shares of the company’s common stock, according to a recent SEC filing. The transaction, which took place on March 15, 2024, amounted to over $5.2 million, with shares sold at a weighted average price of $52.06.

The sales were executed in multiple transactions with prices ranging between $52 and $52.26. Post-transaction, Goldstein still holds 172,801 shares indirectly through The Robert and Sheryl Goldstein Trust, signifying a continued stake in the company’s future.

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Las Vegas Sands CEO sells company stock

Forward-Looking Statements

This press release may contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, including expected delivery dates. Such statements are based on current expectations and projections about our future results, prospects and opportunities and are not guarantees of future performance. Such statements will not be updated unless required by law. Actual results and performance may differ materially from those expressed or forecasted in forward-looking statements due to a number of factors, including those discussed in our filings with the Securities and Exchange Commission.

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Amtrak Airo Trainsets Ordered to Meet Surging Demand

Washington, D.C. – Amtrak executed a contract option to order 10 additional Amtrak Airo trainsets as demand for passenger rail travel exceeds expectations. This brings the total contract order to 83 trainsets. The first Amtrak Airo trainset is scheduled to debut in 2026 and these new trains will operate on routes throughout the country. The Amtrak Airo trainsets are being manufactured in California by Siemens (OTC: SIEGY) A.G. of Germany.

Currently in production, the new trains will elevate the customer journey. Features include:

  • 💺 Spacious, Comfortable Seats: Loaded with features and improvements:
    • Dedicated power, USB-C ports, seatback tablet and phone holders, bigger and sturdier tray tables and adjustable cup holders.
    • Contoured seat cushions, enhanced leg room, individual arm rests and adjustable headrests – all with a focus on ergonomics.
  • 🗺 Trip and Train Navigation: Bolder, color-coded signage to identify amenities and differentiate classes of service, both on board and on the platform.
  • 🌍 Greener Impact:
    • More fuel efficient, producing 90% less particulate emissions in diesel operations.
    • Dedicated water stations on each trainset, providing chilled and filtered hydration, while reducing the need for disposable plastic bottles.
  • 🤳 Modern Tech: New 5G Wi-Fi and digital information systems.
  • ♿ Enhanced Accessibility:
    • Spacious and accessible restrooms, vestibules and Café cars with integrated boarding equipment for customers with reduced mobility.
    • Inductive hearing technology to assist with onboard announcements.
  • 🍽 Café Car: Contemporary food service allows for a grab-and-go experience.
  • 🚽 Restrooms: Touchless with spacious, accessible interiors.
  • 💻 Business Class: Increased space between customers, offering double and single seats, wider arm rests, additional outlets, footrests and improved ambiance.
  • 💡 Lighting: Enhanced lighting provides a softer yet functional interior with individual reading lights at each seat.
  • 🧳 Luggage: Access to ample storage space for baggage.

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United Airlines Third Quarter Q3 Sales Drop 78%

A pilot walks by United Airlines planes at the San Francisco International Airport in April.
 GETTY IMAGES

United Airlines Holdings Inc. stock (Nasdaq: UAL) fell late Wednesday after the airline reported a 78% drop in quarterly sales as the pandemic continued to crimp air travel.

United said it lost $1.8 billion, or $6.33 a share, in the third quarter, contrasting with earnings of $1 billion, or $3.99 a share, in the year-ago quarter.

Related: American Airlines downgrade, Delta’s weak third quarter weigh on airline stocks

Adjusted for one-time items, United lost $8.16 a share, versus an adjusted profit of $4.07 a share a year ago.

Total revenue dropped to $2.49 billion from $11.38 billion a year ago.  Passenger revenue dropped 84% to $1.7 billion.

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https://www.marketwatch.com/story/united-airlines-q3-sales-drop-78-11602708906?siteid=yhoof2&yptr=yahoo