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Stock Market & Financial Investment News

News Breaks
December 11, 2012
10:34 EDTLVS, MPELMelco, Las Vegas Sands gain after analyst says Macau doing well
Melco Crown Entertainment (MPEL) and Las Vegas Sands (LVS), which both operate casinos on the Chinese island of Macau, are advancing after research firm Sterne Agee wrote that Macau gaming revenues have been higher than expected so far this month. In a note to investors earlier today, Sterne Agee analyst David Balu wrote that Macau gross gaming revenue, or GGR, increased 27% during the first ten days of December, compared with the same period in 2011. Balu had previously expected Macau's GGR to rise just 11% in December, and he now anticipates that GGR will rise 16% this month. Several factors are contributing to Macau's strong performance, including less restrictive visa requirements, improvements in China's economy, and the strengthening of China's currency, the analyst wrote. Meanwhile, other firms are likely to increase their Macau revenue estimates for 2013, Balu believes. He maintained Buy ratings on both Melco Crown and Las Vegas Sands. In mid-morning trading, Melco climbed 34c, or 2.26%, to $15.62 and Las Vegas Sands rose $1.00, or 2.30%, to $44.56.
News For MPEL;LVS From The Last 14 Days
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February 3, 2016
05:20 EDTLVSStocks with implied volatility movement; LVS BP
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February 2, 2016
09:36 EDTLVSActive equity options trading on open
Active equity options trading on open: FB AAPL BAC GOOGL NFLX GOOG XOM TWTR LVS
February 1, 2016
06:52 EDTLVS, MPELMacau reports January casino revenue down 21.4% to 18.67B patacas
Macau's gaming bureau reported January casino revenue in the region fell 21.4% to 18.67B patacas. Publicly traded companies in the space include Las Vegas Sands (LVS), MGM Resorts (MGM), Wynn Resorts (WYNN), and Melco Crown (MPEL).
January 29, 2016
09:35 EDTLVSNevada reports Statewide December gaming win up 3.31% to $982.06M
The state also reports Las Vegas Strip December gaming win up 8.2% compared to last year at $600.75M compared to last year. Publicly traded companies in the space include Boyd Gaming (BYD), Caesars (CZR), Las Vegas Sands (LVS), MGM Resorts (MGM), Penn National (PENN) and Wynn Resorts (WYNN).

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