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Stock Market & Financial Investment News

News Breaks
June 12, 2014
06:30 EDTMPELMelco Crown shares cheapest among Macau names, says Citigroup
Citigroup says shares of Melco Crown are the cheapest in the Macau gaming space trading at 25% discount to the sector. Citi lowered its 2014 Macau GGR growth forecast to 13% from 22%, but only drops its 2014-2016 earnings estimates for Melco Crown by 1%-4%. The firm calls Melco its top pick in Macau and keeps a Buy rating on the name with a $55 price target.
News For MPEL From The Last 14 Days
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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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March 16, 2015
10:02 EDTMPELOn The Fly: Analyst Downgrade Summary
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08:04 EDTMPELMelco Crown downgraded to Equal Weight from Overweight at Morgan Stanley
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