On Wednesday, Shares of Las Vegas Sands Corp. (NYSE:LVS), gained 3.06% to $54.18, as the casino sector rallies despite a 36% drop in Macau’s gaming revenue.
This is the 13th successive month that the Chinese gaming district suffered declining revenue, which is the result of an anticorruption crackdown started by the country’s government last year.
The Chinese government’s initiative has resulted in high stakes rollers and VIP players avoiding the gambling hub.
Macau’s year-long streak of falling revenue follows five-years of continual growth, The Wall Street Journal reports.
In other news, The company declared a quarterly dividend, which was paid on Tuesday, June 30th. Shareholders of record on Monday, June 22nd were given a dividend of $0.65 per share. This represents a $2.60 dividend on an annualized basis and a yield of 4.80%. The ex-dividend date of this dividend was Thursday, June 18th.
Las Vegas Sands Corp. develops, owns, and operates integrated resorts in Asia and the United States. The company owns and operates The Venetian Macao Resort Hotel, Sands Cotai Central, the Four Seasons Hotel Macao, the Plaza Casino, and the Sands Macao in Macau, the People’s Republic of China.
Shares of Texas Instruments Inc. (NASDAQ:TXN), inclined 0.78% to $51.91, during its last trading session.
Texas Instruments Incorporated, introduced an integrated gate driver that offers adjustable gate drive settings with the flexibility to drive a wide range of external field-effect transistors (FETs), supporting multiple motors, speeds or varying loads. The DRV8701 enables designers to scale their platforms using a single gate driver across various brushed DC motor models in equipment such as white goods, household appliances, robotics, home automation, power tools, and industrial pumps and valves.
Key features and benefits of the DRV8701 gate driver
- System flexibility and scalability: The DRV8701 gives designers the flexibility to choose their external FETs and easily scale the gate-drive current to adjust the FET slew rate, optimize system electromagnetic interference (EMI) performance, eliminate the need for external resistors/capacitors and provide additional system protection.
- Reduces board space and system complexity: The integration of two low-dropout regulators (LDOs), a current-sense amplifier and full protection features reduces system board footprint by 40 percent contrast to competitive and discrete solutions.
- Higher system reliability: Robust on-chip protection comprises under-voltage lockout, overcurrent, shoot-through and thermal shutdown protection, in addition to more advanced features such as charge pump under-voltage, gate-drive faults and individual FET VDS monitoring to protect external FETs.
- Wide operating voltage: The DRV8701 offers a wide 5.9-V to 45-V motor-supply voltage to support industry-standard 12-V and 24-V supplies.
Texas Instruments Incorporated designs, manufactures, and sells semiconductors to electronics designers and manufacturers worldwide. It operates through two segments, Analog and Embedded Processing.
Finally, The Dow Chemical Company (NYSE:DOW), ended its last trade with 0.43% gain, and closed at $51.39.
Scientists from The Dow Chemical Company, who led the development of INSITE™ catalyst, a revolutionary technology that made possible highly-tailored materials bridging the properties of plastic and rubber, recently were named among the 2015 “Heroes of Chemistry,” a prestigious award given by the American Chemical Society (ACS).
“Innovation is a key driver of Dow’s growth strategy,” said A.N. Sreeram, Ph.D., Dow corporate vice president of research and development. “True breakthroughs happen when we have a seat at our customer’s – and their customer’s – design table to inspire collaborative innovation. This highly coveted recognition is a testament to our scientists’ ability to foster that partnership between industry, academia and consumers to deliver lasting solutions.”
Polymer brands ENGAGE™ Polyolefin Elastomers, NORDEL™ EPDM and AFFINITY™ Polyolefin Elastomers from Dow, used in many of recently’s growing consumer markets, counting automotive, building and construction and consumer packaging, have been made possible by the breakthrough catalyst technology of INSITE™. These and other new-to-the-world polymer families derived from INSITE™ continue to revolutionize the plastics industry.
“Dow has a proven track record of disruptive, best-in-class innovations driven by our deep intimacy throughout the value chain – from monomer to market – to truly understand the needs of our customers and of consumers globally,” said Kim Ann Mink, Ph.D., business president, Dow Elastomers, Electrical and Telecommunications. “This recognition reflects great credit upon the many scientists and engineers at Dow and at companies around the world who have applied the latest in market-driven, technology-enabled solutions to move plastics and polymer innovation forward to meet some of our world’s most pressing challenges.”
The Dow Chemical Company manufactures and supplies products that are used primarily as raw materials in the manufacture of customer products and services worldwide. It operates through Agricultural Sciences, Consumer Solutions, Infrastructure Solutions, Performance Materials & Chemicals, and Performance Plastics segments.
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