
Shares of Melco Crown ( MPEL +2.8% ) trade higher after the company catches an upgrade from Nomura to Buy to go along with a price target boost to $17
selloff in casino stocks that has continued unabashed in May on risk-off trading and cut into impressive YTD returns for WYNN , MPEL , MGM , and LVS . The gaming sector analyst concedes that names in the group are easy to trim given their China exposure and
realization that mega-sized Asian resorts may take years to realize those mega-profits has been creeping into the thought space of analysts. Decliners: MPEL -5.6% , WYNN -3.1% , LVS -2.8% , PNK -3.4% . Post your comment!
By Ganaxi Small Cap Movers : Travel services stocks have fared well recently, with earnings and share prices sharply up at most leading companies since the 2008-09 recession. Also, expectations and rising, as are analyst forward year earnings estimates, that operating metrics will be increasing ...
More on Melco Crown Entertainment's ( MPEL ) Q1: City of Dreams revenue +43% Y/Y to $716M, powered by mass market volumes and improved rolling chip win rates. Altira
Melco Crown Entertainment MPEL announced strong first-quarter results that were in line with our expectations. Revenue increased 27% to $1.03 billion
Melco Crown Entertainment ( MPEL ): Q1 EPS of $0.22 beats by $0.06 . Revenue of $1.03B (+23% Y/Y) in-line. Shares +2.5% premarket. ( PR ) 1 comment!
Notable earnings before Wednesday's open: AGU , AOL , ARIA , DF , DTG , ENB , KRO , M , MPEL , TEVA , THI Post your comment!
By The Oxen Group : Weekly Outlook : Last week was interesting as we bounced around quite a bit on various headlines, earnings, and economic data points. Stealing the show was the European situation with bond yields rising in Spain and Italy that caused some weakness in our markets as "risk-off" ...
Melco Crown Entertainment ( MPEL ) +2.1% premarket after Goldman Sachs upgrades shares to Buy from ..... with a $17.10 price target, up from $12.70. The firm says MPEL will benefit from the opening of Macau's Studio City along with