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Still, many investors and analysts are eyeing Icahn's move closely. Some wonder if his move into the sector is a sign to start putting investment chips back on the table and roll the dice on companies with big exposure to the U.S. gaming market. "[Carl Icahn] has always been...
But not every investment has been a home run. Icahn jumped into video-rental company Blockbuster in 2005 when its shares were trading at between $9 and $10 apiece. They recently changed hands at 30 cents a share - Icahn remains a major stockholder - and the company indicated in a recent...
Although many names have rallied from their trough in March 2009, they're still far short of their highs. Las Vegas Sands (LVS) was trading at more than $138 a share in October 2007 and plunged to under $2 a share in March 2009. Although it has since risen 10...
Companies with big holdings in Sin City will likely see an earlier and faster rally than those that focus on regional markets, analysts say. There have already been signs of improvement in Las Vegas, where traffic has increased in the past four months, although gaming revenue remains flat, says Bill...
In recent weeks, however, the scandal has reached the very top of the Irish Church hierarchy. Cardinal Sean Brady - Ireland's most senior Catholic - has faced calls to resign over his handling of the case of one of Ireland's most infamous pedophile priests. That's because in 1975, Brady...