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Stock Market & Financial Investment News

News Breaks
March 14, 2013
10:57 EDTMPELMelco Crown, Belle Corp finalize $1B partnership, Macau Business reports
Melco Crown (MPEL) and Philippine group Belle Corp have formed a partnership for a $1B gaming complex at Manila Bay, Macau Business reports. This will be Melco Crown's first venture outside of Macau, and the company will be responsible for operating the casino resort. Reference Link
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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