Facebook Inc (NASDAQ:FB) is ramping up its advertising services and tools, targeting SMBs as well as large corporations. Facebook Inc (NASDAQ:FB) stock opened today at $62.40 and is currently trading at $62.37. The stock showed a negative weekly performance of -1.26%.
Zacks reaffirmed their outperform rating on shares of Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM) in a report released on Friday. Zackscurrently has a $12.46 price objective on the stock. Tower Semiconductor Ltd. (USA) (NASDAQ:TSEM) stock opened at $9.35, in current trading session and currently is at $9.38, by losing -1.52%. The 52 week range of the stock is $3.85 – $10.06. Company’s market capitalization is $467.15 million.
On June 3, 2014 Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) a developer, owner and operator of casino gaming and entertainment resort facilities in Asia, announced that the development of the Company’s Studio City project is on track for a mid-2015 opening. Studio City International Holdings Limited (“SCH”), the developer of Studio City, increased the Studio City construction budget (including construction and fit out costs, design and consultant fees) by approximately US$300 million, from approximately US$2.0 billion to approximately US$2.3 billion. Melco Crown Entertainment Ltd (ADR) (NASDAQ:MPEL) stock is currently trading at $30.94. The EPS of the stock is 1.48. Company’s market capitalization is $17.18 billion.
On June 5, 2014 AudioCodes Ltd. (NASDAQ:AUDC) a leading provider of converged voice solutions that enable enterprises and service providers to transition to all-IP voice networks, announced that Mr. Shabtai Adlersberg, President and Chief Executive Officer, will present at the William Blair Growth Stock Conference in Chicago on June 10th, 2014 at 1:30 pm CDT. The conference will be held at the Four Seasons Hotel in Chicago. AudioCodes Ltd. (NASDAQ:AUDC) stock opened the session at $6.58, and now is at $6.77. The 52 week range of the stock remained $4.04 – $9.12 and the day range was $6.57 – $6.83.
Wynn Resorts, Limited (NASDAQ:WYNN) & MGM Resorts International (MGM), Las Vegas-based casino operators, intend to conduct initial public offerings for planned Japan resort ventures to assist boost their profiles in the country. Wynn is “actively looking” for equity partners for a planned integrated resort in Japan & would eventually list the venture, President Matt Maddox asserted in an interview in Tokyo yesterday. Wynn, MGM & each of their biggest competitors have asserted they’re prepared to spend billions of dollars to build gambling resorts in Japan, which is considering a bill to legalize casinos. Wynn sold shares in its Macau unit in a 2009 IPO & has boosted revenue from its operations in China’s only legal gambling hub eight-fold since 2005. “We’re without question considering an IPO in Japan, yet not initially,” MGM Chief Executive Officer James Murren, 52, asserted in an interview in Tokyo yesterday. Wynn Resorts, Limited (NASDAQ:WYNN) stock opened today at $200.24 and is currently trading at $197.85. The stock showed a negative weekly performance of -4.65%.