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…

Read More

Trending Tickers: Cisco Systems, Inc. (NASDAQ:CSCO), SeaDrill Limited (NYSE:SDRL), Harley-Davidson, Inc. (NYSE:HOG), Einstein Noah Restaurant Group, Inc. (NASDAQ:BAGL), Luxottica Group (NYSE:LUX)

Cisco renews its commitment to India, spending US$1.7 billion on things like R&D and training and establishing a US$40 million seed fund are just a few of the things the networking giant is doing to cement its future in the country Cisco Systems, Inc. (NASDAQ:CSCO) belongs to Technology sector. Its net profit margin is 16.20%…

Read More