Sterne Agee says Melco Crown meetings reaffirm “bull” thesis

    Sterne Agee says meetings held with Melco Crown co-chairman and CEO Lawrence Ho and chief financial officer and treasurer Geoffrey Davis have confirmed its “bull thesis” on the company. 

    Sterne has named Melco its top casino gaming pick for 2014. The firm also said it believes there is a strong potential for a regular dividend to be announced by the time of the company’s fourth-quarter earnings call.