International Business News - Melco http://www.ibtimes.com All articles are copyrighted by IBTimes.com 400 100 http://www.ibtimes.com/ http://www.ibtimes.com/images/top_logo_ibt2_3.gif Melco Crown Entertainment Ltd., which develops and owns casino resorts in the Chinese gambling enclave of Macau, said Thursday that Chief Operating Officer Garry Saunders has resigned from the company for personal reasons. http://www.ibtimes.com/articles/20081113/melco-crown-entertainments-coo-resigns.htm Thu, 13 Nov 2008 09:26:56 EST Melco Crown Entertainment Ltd., which develops and owns casino resorts in the Chinese gambling enclave of Macau, said Thursday that third-quarter losses narrowed, but failed to meet Wall Street's expectations as competition for VIP guests increased. http://www.ibtimes.com/articles/20081113/melco-crown-entertainments-3q-losses-narrow.htm Thu, 13 Nov 2008 18:44:26 EST An analyst lowered his price target on Melco Crown Entertainment Ltd. Tuesday, citing delayed project openings and increased discount rates. The casino industry has been squeezed as consumers continue to curb spending due to the ongoing housing slowdown, rising food costs, diminishing credit and recession worries. The U.S. economic downturn and credit concerns have also led some casino operators to suspend or abandon development projects. http://www.ibtimes.com/articles/20081028/ahead-of-the-bell-analyst-cuts-melco-price-target.htm Tue, 28 Oct 2008 09:09:12 EDT Melco Crown Entertainment Ltd. on Friday maintained that its casino resort under development in Macau will still open during the first half of 2009 and has enough funding for the first two phases of development. http://www.ibtimes.com/articles/20081017/melco-crown-reiterates-its-city-of-dreams-plans.htm Fri, 17 Oct 2008 11:15:41 EDT A JPMorgan analyst downgraded Melco Crown Entertainment Ltd. Tuesday, saying the Hong Kong-based gaming company is facing more competition for Macau's VIP customers while contending with softening revenue. http://www.ibtimes.com/articles/20080923/ahead-of-the-bell-analyst-downgrades-melco-crown.htm Tue, 23 Sep 2008 09:01:23 EDT Melco Crown Entertainment Ltd.'s stock tumbled to an all-time low Wednesday as investors became jittery over a drop in the amount that its primary junket operator's high rollers played. http://www.ibtimes.com/data/articleimgs/151868-vietnam-journalists-trial.jpg http://www.ibtimes.com/articles/20080910/melco-sinks-on-investors-a-max-vip-play-worries.htm http://www.ibtimes.com/articles/20080910/melco-sinks-on-investors-a-max-vip-play-worries.htm Wed, 10 Sep 2008 17:40:29 EDT Shares of Melco Crown Entertainment Ltd., which develops and owns casinos and resorts in Macau, slipped on Friday, giving up some of the prior day's gains following the release of its second-quarter results. http://www.ibtimes.com/articles/20080815/melco-crown-shares-slip-after-prior-days-surge.htm Fri, 15 Aug 2008 16:28:48 EDT Shares of Melco Crown Entertainment Ltd., a developer and owner of casinos and resorts in Macau, fell Monday after a Credit Suisse analyst downgraded the stock to "Neutral" from "Outperform," saying its second-quarter earnings likely would be hurt by an unusually low win percentage. http://www.ibtimes.com/articles/20080728/melco-crown-falls-on-credit-suisse-downgrade.htm Mon, 28 Jul 2008 18:57:29 EDT Among the stock activity stories for Friday, May 16, from AP Financial News: NEW YORK (AP) _ Shares of Melco PBL Entertainment Inc. fell Friday as investors largely discounted the benefits of the company's agreement with A-Max Holdings, according to an analyst. http://www.ibtimes.com/articles/20080516/movers-roundup-melco-pharmasset.htm Fri, 16 May 2008 14:32:46 EDT Shares of Melco PBL Entertainment Inc. fell Friday as investors largely discounted the benefits of the company's agreement with A-Max Holdings, according to an analyst. http://www.ibtimes.com/articles/20080516/melco-dips-on-discounting-of-a-max-partnership.htm Fri, 16 May 2008 17:14:50 EDT