Melco Resorts & Entertainment Limited (MLCO) Tops Q1 EPS by 8c, Miss on Revenues

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Melco Resorts & Entertainment Limited (MLCO) PT Raised to $40 at Nomura/Instinet on 1Q EPS Beat; ''Upside and Accelerating Momentum'

May 4, 2018 5:59 AM EDT

Nomura/Instinet raised its price target on Melco Resorts & Entertainment Limited (NASDAQ: MLCO) to $40.00 (from $37.00) while maintaining a Buy rating, following the company's first quarter earnings report.

Analyst Harry Curtis notes an upbeat outlook on the shares, as MLCO reported 2018 first quarter... More

Melco Resorts & Entertainment Limited (MLCO) Declares $0.135 Quarterly Dividend; 1.7% Yield

May 3, 2018 8:24 AM EDT

Melco Resorts & Entertainment Limited (NASDAQ: MLCO) declared a quarterly dividend of $0.135 per share, or $0.54 annualized.

The dividend will be payable on May 23, 2018, to stockholders of record on May 14, 2018, with an ex-dividend date of May 11, 2018.

The annual yield on the dividend is 1.7... More

Macau April Gross Revenue Increases 27.6%

May 1, 2018 6:43 AM EDT

Macau monthly gross revenue increased 27.6% in April to 25.7 billion patacas, according to the city's Gaming Inspection and Coordination Bureau.

Related U.S.-listed stocks include MGM Resorts (NYSE: MGM), Wynn Resorts Ltd (NASDAQ: WYNN), Las Vegas Sands (NYSE:... More