Services Sector Losers: Melco Crown Entertainment (NASDAQ:MPEL), SFX Entertainment (NASDAQ:SFXE), Einstein Noah Restaurant Group (NASDAQ:BAGL), You On Demand Holdings (NASDAQ:YOD)
Macau casino operator Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) says the cost of building its Studio City resort has risen to US$2.3 billion (MOP18.37 billion) from US$2 billion. Melco Crown says the company developing the resort has enough equity commitments to cover some of the increase in cost and that shareholders in the developer have agreed to make more equity available pro rata to cover … Continue reading Services Sector Losers: Melco Crown Entertainment (NASDAQ:MPEL), SFX Entertainment (NASDAQ:SFXE), Einstein Noah Restaurant Group (NASDAQ:BAGL), You On Demand Holdings (NASDAQ:YOD)