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Melco Crown Entertainment Ltd (MPEL.O)

MPEL.O on Nasdaq

16.99USD
17 Feb 2017
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Latest Key Developments (Source: Significant Developments)

Melco Crown Q4 revenue $1.193 billion
Thursday, 16 Feb 2017 08:07am EST 

Melco Crown Entertainment Ltd : Melco Crown Entertainment announces unaudited results for the fourth quarter and full year ended December 31, 2016 and declares quarterly dividend . Q4 revenue $1.193 billion versus I/B/E/S view $1.16 billion .Melco Crown Entertainment - on U.S. GAAP basis, net income attributable to Melco Crown Entertainment for Q4 of 2016 was US$43.3 million, or US$0.09 per ads.  Full Article

OPPENHEIMERFUNDS REPORTS 5.51 PCT PASSIVE STAKE IN MELCO CROWN ENTERTAINMENT
Tuesday, 7 Feb 2017 11:31am EST 

OppenheimerFunds Inc :REPORTS A 5.51 PERCENT PASSIVE STAKE IN MELCO CROWN ENTERTAINMENT LTD AS ON DEC 31, 2016 - SEC FILING.  Full Article

Melco Crown Entertainment announces declaration and payment of special dividend
Thursday, 12 Jan 2017 07:17am EST 

Melco Crown Entertainment Ltd : Announces declaration and payment of special dividend and amendment of dividend policy . Board has considered and approved declaration and payment of a special dividend of approximately US$650 million .Amended qtrly dividend policy from one based on about 30 pct to one targeting quarterly cash dividend payment of US$0.03 per ordinary share.  Full Article

Crown Resorts says John Alexander to be appointed chairman
Monday, 9 Jan 2017 05:40pm EST 

Crown Resorts Ltd : John Alexander to be appointed chairman of Crown Resorts . Robert Rankin will be stepping down as chairman of Crown Resorts . Rankin will remain as a Crown Resorts Limited director and a director of Melco Crown Entertainment Limited. .James Packer has been appointed as a director of crown resorts.  Full Article

Melco Crown announces secondary offering of its ADSs
Thursday, 15 Dec 2016 03:20am EST 

Melco Crown Entertainment Ltd : Says Crown Asia Investments Pty Ltd has agreed to sell 40.9 million ordinary shares of company to underwriters . Says Melco Crown Entertainment announces launch of offer of ordinary shares by Crown and resale of American Depositary Shares by underwriters pursuant to secondary sale and swap transactions .Says Crown Asia Investments will resell ordinary shares in form of 13.6 million ADSS in public offering.  Full Article

Melco Crown Entertainment announces Melco’s agreement to acquire shares from Crown
Wednesday, 14 Dec 2016 06:16pm EST 

Melco Crown Entertainment Ltd - : Melco Crown Entertainment announces Melco’s agreement to acquire shares from Crown . Melco Crown Entertainment Ltd- Deal for is approximately US$1.2 billion . Melco Crown Entertainment Ltd - Aggregate purchase price is approximately US$1.2 billion . Melco Crown Entertainment Ltd- James Packer, a Crown nominee director and deputy chairman, will resign from company with effect from December 15, 2016 . Melco Crown Entertainment - Melco Leisure to pay deposit of $100 million, refundable if sale agreement terminated prior to closing due to Crown's default . Will not receive any proceeds from Melco acquisition . Melco Crown Entertainment Ltd- Upon closing of sale, Melco's shareholding in company will increase from 37.89% currently to 51.31% .Melco Crown - Major shareholder entered into a privately negotiated agreement to acquire 198 million ordinary shares of company from Crown Asia.  Full Article

Melco Crown Entertainment reports Q2 net income per ADS $0.06
Thursday, 4 Aug 2016 08:11am EDT 

Melco Crown Entertainment Ltd : Melco Crown Entertainment announces unaudited second quarter 2016 earnings and declares quarterly dividend . Q2 revenue rose 17 percent to $1.07 billion . On a U.S. GAAP basis, net income attributable to Melco Crown Entertainment for Q2 of 2016 was $30.8 million, or $0.06 per ADS . Qtrly net income per ads $0.06 . Macau continues to face challenges in gaming demand .Q2 earnings per share view $0.06, revenue view $1.09 billion -- Thomson Reuters I/B/E/S.  Full Article

Melco, New Silkroad enters into strategic cooperation arrangement
Tuesday, 10 May 2016 06:27am EDT 

Melco Crown Entertainment Ltd :Melco and New Silkroad enters into strategic cooperation arrangement on provision of consultancy services.  Full Article

Melco Crown Entertainment Ltd declares quarterly dividend
Wednesday, 4 May 2016 07:17am EDT 

Melco Crown Entertainment Ltd:Board considered and approved the declaration and payment of a quarterly dividend of US$0.0073 per share.Quarterly Dividend will be paid on or about May 31, 2016.Record date as of May 17, 2016.  Full Article

Melco Crown Entertainment Ltd declares special dividend
Thursday, 18 Feb 2016 08:19am EST 

Melco Crown Entertainment Ltd:Board considered and approved the declaration and payment of a special dividend of US$0.2146 per share.Special Dividend will be paid on or about Wednesday, March 16, 2016 to shareholders of record on Tuesday, March 1, 2016.  Full Article

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BRIEF-Melco Crown Q4 revenue $1.193 billion

* Melco Crown Entertainment announces unaudited results for the fourth quarter and full year ended December 31, 2016 and declares quarterly dividend