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Fly News Breaks for May 8, 2015
MPEL
May 8, 2015 | 07:26 EDT
Brean Capital noted Melco Crown missed Q1 estimates, but said it could have been worse. The firm sees future comps as easier and believes the opening of two new Cotai properties and expansion of existing properties will have a more profound impact in Q4. Brean Capital remains bullish and reiterates its Buy rating on Melco Crown shares.
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