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Stock Market & Financial Investment News

News Breaks
May 12, 2014
09:50 EDTMPELMelco Crown long-term story, valuation still compelling, says Janney Capital
Janney Capital attributes recent weakness in Melco Crown shares on a recent report that UnionPay was cracking down on illegal use of payment cards and a story regarding a junket operator who was said to have disappeared with over $1B. Janney said the UnionPay action was mostly related to mobile and the firm doesn't expect it to have a long-term impact. Janney also said its sources indicate the junket operator figure was overblown by the press. The firm maintains its Buy rating and $50 fair value estimate on Melco.
News For MPEL From The Last 14 Days
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December 19, 2014
09:04 EDTMPELMelco Crown identified as top 2015 gaming pick at Sterne Agee
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December 17, 2014
11:09 EDTMPELMacau gaming facts in SCMP article are not new, says JPMorgan
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December 16, 2014
15:37 EDTMPELChina to start crackdown on illicit funds to Macau, SCMP says
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December 9, 2014
13:06 EDTMPELMelco Crown management to meet with Sterne Agee
Meeting to be held in New York on December 11 hosted by Sterne Agee.

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