NEW YORK, November 15, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting Ctrip.com International, Ltd. (NASDAQ: CTRP), MGM Resorts International (NYSE: MGM), Melco Crown Entertainment Ltd (NASDAQ: MPEL), Royal Caribbean Cruises Ltd. (NYSE: RCL), and Wyndham Worldwide Corporation (NYSE: WYN). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
Ctrip.com International, Ltd. Research Report
On November 5, 2013, Ctrip.com International, Ltd. (Ctrip) announced its financial results for Q3 2013 with total revenues of RMB1.6 billion ($268.1 million), up 31.5% YoY. Gross margin was 75% for Q3 2013, compared to 76% in Q3 2012. The Company's net income attributable to shareholders stood at RMB373 million ($60.9 million), up 92.4% YoY. James Liang, Chairman of the Board and CEO of Ctrip stated, "We are excited to report great results in the third quarter of 2013. We achieved strong growth in our major businesses and just recently saw the daily transaction value from Ctrip's mobile channels reach a record of RMB100 million. We expect mobile to become Ctrip's most important booking platform in the near future, and we will continue to extend our leadership in the online and mobile travel markets in China." The Full Research Report on Ctrip.com International, Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/f354_CTRP
--
MGM Resorts International Research Report
On November 5, 2013, MGM Resorts International (MGM Resorts) and its partner AEG jointly announced that they have released the first images and details of the 20,000-seat indoor sports and entertainment arena, which will be located near the heart of the famed Las Vegas strip and adjacent to the I-15 corridor. According to MGM Resorts, the new arena, which will be the centerpiece of the revitalization of the area between New York-New York and Monte Carlo resorts, extending from Las Vegas Blvd. to Frank Sinatra Drive, is expected to break ground in 2014 and is scheduled to open in spring of 2016. The Full Research Report on MGM Resorts International - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/0752_MGM
--
Melco Crown Entertainment Ltd Research Report
On November 5, 2013, Melco Crown Entertainment Ltd (Melco Crown) released its unaudited financial results for Q3 2013 with net revenues of $1.3 billion, reflecting an increase of 23.9% YoY, backed by improved group-wide gaming performance, specifically in the mass market table games segment. The Company's adjusted EBITDA was $315.2 million for Q3 2013, as compared to adjusted EBITDA of $226.4 million in Q3 2012, driven by significant growth in the mass market table games segment at City of Dreams, as well as improved group-wide rolling chip volume and a committed approach to controlling costs, partially offset by a lower rolling chip win rate. Mr. Lawrence Ho, Co-Chairman and CEO of Melco Crown commented, "I am pleased to report another successful quarter, with strong growth in our core segments driving record fundamental performance. Our committed focus on the mass market segments, particularly at the higher end of the market where we have a significant competitive advantage, continues to drive our Company's overall profitability and outperformance in the mass market table games segment. Our premium mass offerings continue to lead the way in Macau, with City of Dreams further extending its number one position in this increasingly important segment, as is evident in the property's leading mass market table yields." The Full Research Report on Melco Crown Entertainment Ltd - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/9cfe_MPEL
--
Royal Caribbean Cruises Ltd. Research Report
On November 12, 2013, Royal Caribbean Cruises Ltd.'s (Royal Caribbean) stock slipped 0.95% to $42.87 at the end of the trading session. Over the past three trading sessions, shares of Royal Caribbean rose 1.68%, while the Dow Jones Industrial Average Index edged up 1.00% during the same period. The Full Research Report on Royal Caribbean Cruises Ltd. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/9fd2_RCL
--
Wyndham Worldwide Corporation Research Report
On November 11, 2013, Wyndham Vacation Rentals (WVR), a part of Wyndham Worldwide Corporation, announced the appointment of Mark Schwartz as the new Vice President of Consumer Marketing and Brand Strategy, North America, with immediate effect. According to the Company, Schwartz in his new role will report directly to the President of WVR North America, Bob Milne, and will lead WVR's multi-channel marketing operations, guiding consumer, brand and e-commerce strategy to support the ongoing growth of the Company's vacation rentals business in North America. "With more than 20 years of marketing expertise, Marc has proven to be an innovative leader, successfully driving a number of marketing transformations," said Milne, "His experience in building consumer brands, developing marketing platforms and executing acquisition and loyalty strategies will make him a tremendous asset to our team as we continue to grow and strengthen our brand presence in the quickly evolving U.S. vacation rentals market." The Full Research Report on Wyndham Worldwide Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/a674_WYN
----
EDITOR NOTES:
- This is not company news. We are an independent source and our views do not reflect the companies mentioned.
- Information in this release is fact checked and produced on a best efforts basis and reviewed by Namrata Maheshwari, a CFA charterholder. However, we are only human and are prone to make mistakes. If you notice any errors or omissions, please notify us below.
- This information is submitted as a net-positive to companies mentioned, to increase awareness for mentioned companies to our subscriber base and the investing public.
- If you wish to have your company covered in more detail by our team, or wish to learn more about our services, please contact us at pubco@EquityNewsNetwork.com.
- For any urgent concerns or inquiries, please contact us at compliance@EquityNewsNetwork.com.
- Are you a public company? Would you like to see similar coverage on your company? Send us a full investors' package to research@EquityNewsNetwork.com for consideration.
COMPLIANCE PROCEDURE
Content is researched, written and reviewed on a best-effort basis. This document, article or report is prepared and authored by Equity News Network. An outsourced research services provider represented by Namrata Maheshwari, CFA, has only reviewed the information provided by Equity News Network in this article or report according to the Procedures outlined by Equity News Network. Equity News Network is not entitled to veto or interfere in the application of such procedures by the outsourced provider to the articles, documents or reports, as the case may be.
NOT FINANCIAL ADVICE
Equity News Network makes no warranty, expressed or implied, as to the accuracy or completeness or fitness for a purpose (investment or otherwise), of the information provided in this document. This information is not to be construed as personal financial advice. Readers are encouraged to consult their personal financial advisor before making any decisions to buy, sell or hold any securities mentioned herein.
NO WARRANTY OR LIABILITY ASSUMED
Equity News Network is not responsible for any error which may be occasioned at the time of printing of this document or any error, mistake or shortcoming. No liability is accepted by Equity News Network whatsoever for any direct, indirect or consequential loss arising from the use of this document. Equity News Network expressly disclaims any fiduciary responsibility or liability for any consequences, financial or otherwise arising from any reliance placed on the information in this document. Equity News Network does not (1) guarantee the accuracy, timeliness, completeness or correct sequencing of the information, or (2) warrant any results from use of the information. The included information is subject to change without notice.
CFA® and Chartered Financial Analyst® are registered trademarks owned by CFA Institute.
AnalystsCorner.com
SOURCE Analysts' Corner
