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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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March 30, 2015
10:00 EDTMPELOn The Fly: Analyst Downgrade Summary
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06:24 EDTMPELMelco Crown downgraded to Underperform from Neutral at BofA/Merrill
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March 25, 2015
09:40 EDTMPELBernstein global gaming analyst holds analyst/industry conference call
Global Gaming Analyst Umansky discusses initiation on the global gaming industry, focusing on Macau and Singapore, with rating of Outperform for MPEL, Genting Singapore and Sands China and a Market Perform rating for Galaxy Entertainment, MGM China, Wynn Macau and SJM Holdings on an Analyst/Industry conference call to be held on March 30 at 10 am.
March 23, 2015
10:01 EDTMPELOn The Fly: Analyst Initiation Summary
Today's noteworthy initiations include: Allied World (AWH) initiated with a Market Perform at Keefe Bruyette... Capnia (CAPN) initiated with a Buy at Maxim... Catamaran (CTRX) initiated with a Buy at Mizuho... CyberArk (CYBR) initiated with a Buy at BofA/Merrill... Inotek Pharmaceuticals (ITEK) initiated with a Buy at Canaccord... Kinder Morgan (KMI) initiated with a Buy at Argus... MGM China (MCHVF) initiated with a Market Perform at Bernstein... Maxim Integrated (MXIM) initiated with a Buy at Summit Research... Melco Crown (MPEL) initiated with an Outperform at Bernstein... Microsemi (MSCC) initiated with an Outperform at BMO Capital... Sands China (SCHYY) initiated with an Outperform at Bernstein... Tetraphase (TTPH) initiated with a Buy at Nomura... Vista Outdoor (VSTO) initiated with a Sector Weight at KeyBanc... Wynn Macau (WYNMF) initiated with a Market Perform at Bernstein.
07:39 EDTMPELMelco Crown initiated with an Outperform at Bernstein
Target $32.
March 19, 2015
13:00 EDTMPELCasino operators jump after analyst starts with Buy ratings
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10:02 EDTMPELOn The Fly: Analyst Initiation Summary
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March 18, 2015
16:23 EDTMPELMelco Crown initiated with a Buy at Brean Capital
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