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…
