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Stock Market & Financial Investment News

News Breaks
February 7, 2013
07:32 EDTMPELMelco Crown weakness creates buying opportunity, says RBC Capital
After Melco Crown's stock declined on fears of a government crackdown on trips to Macau, RBC Capital doesn't expect the government's policies to have a major effect on VIP visits to the region. The firm thinks the company reported solid Q4 results and maintains an Outperform rating.
News For MPEL From The Last 14 Days
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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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