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Stock Market & Financial Investment News

News Breaks
January 11, 2013
10:20 EDTMPELMelco Crown weakness a buying opportunity, says Wells Fargo
Wells Fargo said it would buy shares of Melco Crown on any weakness from news of an illegal money transfer investigation in Taiwan. Wells thinks the Taiwanese government could be on a fact-finding mission, and that the news may not be Melco Crown or gaming specific. The firm keeps an Outperform rating on Melco Crown.
News For MPEL From The Last 14 Days
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August 3, 2015
06:50 EDTMPELMacau reports July casino revenue down 34.5% to 18.62B patacas
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July 23, 2015
07:32 EDTMPELLas Vegas Sands results encouraging, says Stifel
After Las Vegas Sands (LVS) reported higher than expected Macau property-level EBITDA, Stifel says that the beat should cause analysts to raise their estimates for the company. The firm adds that the results are encouraging for all "Macau-centric operators." It raised its price target on Las Vegas Sands to $65 from $60 and keeps a Buy rating on the shares. Other companies with a major presence in Macau include Melco Crown (MPEL), Wynn Resorts (WYNN), and MGM (MGM).

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