Thursday, February 17, 2011

3 Hot Stocks in Focus; MPEL, SIRI, AAPL

Melco Crown Entertainment Ltd. ( NASDAQ:MPEL ) was recently awarded Awards best
casino operator for third consecutive year. The company was recognized for
recognition of its vision, originality and vitality that set it apart from the
others in the gaming market. The company also announced that it will release its
fourth quarter and full year results for 2010 on February 22, 2011. Melco Crown
stock is currently trading at $7.27. The stock is up 0.69 percent from its
previous close. Melco Crown shares touched the high of $7.36 and lowest price in
today's session is $7.23. The company stock's beta is 1.68. The company
stock traded in the range of $3.42 and $7.90 during the past 52 weeks. The
company's market cap is $3.87 billion. Sirius XM Radio Inc. ( NASDAQ:SIRI )
reported fourth quarter net loss as compared to profit for last year. The
company surpassed its guidance for 2010 and achieved record revenues, adjusted
EBITDA and free cash flow. The company reported net loss of $81.44 million as
compared to a profit of $11.78 million last year. The revenue for the three
months was up to $735.90 million from $676.17 million in the previous year. The
net subscriber additions in the quarter were 328,789 as compared to net
subscriber additions of 257,028 in the fourth quarter of previous year. The
average self-pay monthly customer churn was 1.9% in the quarter as compared with
2.0% a year earlier. The company expects full-year revenues of around $3 billion
and adjusted EBITDA of approximate $715 million. Sirius XM Radio stock is
currently trading at $1.76. The stock is up 4.99 percent from its previous
close. Sirius XM Radio shares stock touched the high of $1.78 and lowest price
in today's session is $1.72. The company stock's beta is 1.95. The company
stock traded in the range of $1.88 and $0.79 during the past 52 weeks. The
company's market cap is $6.91 billion. Apple Inc. ( NASDAQ:AAPL ) recently
launched a new service for its App Store that allows for publishers of content
based apps like magazine and newspaper subscriptions on its iPhone and iPad
devices. The subscriptions purchased will be sold using the App store billing
system and publishers set the price and length of subscription. The revenue and
customer information is not shared or exchanged with Apple but publishers must
provide their own authentication process inside the app for subscribers that
have signed up outside of the app. Also, the company requires the publisher to
sell same subscription deals as it sells separately outside of the app. Apple
will continue using its business model to process payments for the
subscriptions, keeping 30%, as it follows with all the other in-app purchases.
Apple stock is currently trading at $363.54. The stock is up 1 percent from its
previous close. Apple shares stock touched the high of $362.86 and lowest price
in today's session is $360.50. The company stock's beta is 1.38. The company
stock traded in the range of $195.71 and $362.86 during the past 52 weeks. The
company's market cap is $334.25 billion.

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