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Casino Stocks Crap Out

Posted by inthemoneystocks on February 6th, 2013

 

This morning, many of the leading casino stocks are declining lower after a report was released that China may target junket or trip operators with links to organized crime. Junket operators help drive gamblers to the Macao casinos. ...

This morning, the leading casino stocks are trading higher to start the day. Las Vegas Sand Corp (NYSE:LVS) is considered to be one of the leading casino stocks in the world. Today, LVS stock is trading higher by $1.06 to $40.42 a share. The stock is rallying off of a one week pullback base, therefore there is likely to be more upside in the near term. Short term traders should watch for intra-day resistance around the $40.50, and $41.25 levels.   ...

Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) witnessed volume of 25.76 million shares during last trade however it holds an average trading capacity of 9.70 million shares. MPEL last trade opened at $10.40 reached intraday low of $9.26 and went -11.93% down to close at $9.60.

Home Federal Bancorp Inc. (Nasdaq:HOME) announced that its Board of Directors declared a quarterly cash dividend of $0.055 per share on its common stock. The dividend will be paid on September 20, 2011, to stockholders of record as of September 6, 2011.

Amarin Corporation plc (NASDAQ:AMRN) announced that it is scheduled to participate in the Leerink Swann Hot Topics in Therapeutics Roundtable Conference on Wednesday, February 16, 2011. Amarin’s participation includes both a panel discussion on Cardiology at 7:45am ET and a company presentation at 9:15am ET. The conference will be held at the Roosevelt Hotel in New York City.

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Crown Equity Holdings Inc. (CRWE.OB)

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Beneficial Mutual Bancorp, Inc. (NASDAQ:BNCL)

BNCL, the parent company of Beneficial Mutual Savings Bank, reported its financial results for the three and nine months ended September 30, 2010.

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