Stocks in the Spotlight: Melco Crown Entertainment Ltd (ADR)(NASDAQ:MPEL), Target Corporation (NYSE:TGT), LendingClub Corp (NYSE:LC)

On Monday, Shares of Melco Crown Entertainment Ltd (ADR)(NASDAQ:MPEL), added 0.93% and closed at $16.26 in the last trading session. The last trading range of the stock ranges between $16.08 and $16.70. City of Dreams Manila receives another accolade, affirming the luxury integrated resort’s service and product excellence that continues to draw acclaim from local and international visitors as a world-class leisure and entertainment destination.

Crown Towers Manila, one of three premier luxury hotels built at the 6.2 hectare complex, garnered two design awards in the prestigious International Hotel and Property Awards 2016, Best Hotel over 200 Rooms (Asia Pacific) and Best Lobby/Public Area/Lounge (Global), at an awards ceremony held recently at Hotel Cipriani in Venice.

“City of Dreams Manila carries the very best DNA of the Melco Crown Entertainment brand. Following Mr. Lawrence Ho, our Chairman and CEO’s grand vision, City of Dreams Manila has joined its sister properties in Macau to become the best in its breed,” Geoff Andres, Property President of City of Dreams Manila, remarked. “We are elated and proud over this international distinction that strengthens City of Dreams Manila’s position as the ultimate in entertainment and hospitality, offering a spectacular and cosmopolitan collection of contemporary and leisure experiences. It affirms our commitment to deliver outstanding quality products and services and enhance the leisure landscape in the country at a level equal to the best in the world.”

Steered by Melco Crown Entertainment’s in-house Design and Construction team, and executed in a joint effort with architectural and design firm Michael Fiebrich Design, City of Dreams Manila’s Crown Towers has been designed in a way to beautifully capture the brand essence and contemporary luxury image of City of Dreams. The award-winning design also infused local elements and materials in the strong architectural interiors to provide a strong sense of place.

Target Corporation (NYSE:TGT), remained flat and closed at $68.68 in the last trading session. The last trading range of the stock ranges between $68.38 and $69.03. The company’s Market capitalization is $40.04 Billion with the total Outstanding Shares of 574.86 million. Target Corporation operates as a general merchandise retailer. It offers household essentials, counting pharmacy, beauty, personal care, baby care, cleaning, and paper products; music, movies, books, computer software, sporting goods, and toys, in addition to electronics, such as video game hardware and software; and apparel for women, men, boys, girls, toddlers, infants, and newborns, in addition to intimate apparel, jewelry, accessories, and shoes. The company also provides food and pet supplies comprising dry grocery, dairy, frozen food, beverages, candy, snacks, deli, bakery, meat, produce, and pet supplies; and home furnishings and décor, counting furniture, lighting, kitchenware, small appliances, home décor, bed and bath, home improvement, and automotive products, in addition to seasonal merchandise, such as patio furniture and holiday décor. In addition, it offers in-store amenities, counting Target Café, Target Photo, Target Optical, Portrait Studio, Starbucks, and other food service offerings. Target Corporation sells products through its stores; and digital channels, counting As of January 30, 2016, the company operated 1,792 stores in the United States.

LendingClub Corp (NYSE:LC), lost -0.32% and closed at $6.16 in the last trading session. The last trading range of the stock ranges between $6.08 and $6.22. During the 52-week trading session the minimum price at which share price traded, registered at $3.44 and reached to max level of $15.00. – Lending Club (LC), the world’s leading online marketplace connecting borrowers and shareholders, declared recently that Russell S. Elmer has been named General Counsel, reporting to Scott Sanborn, President and Chief Executive Officer. Elmer will succeed Jason Altieri who has served as the Company’s General Counsel for the past seven years.

Elmer, who was formerly with Lending Club from 2012 to early 2014, brings more than 25 years of legal experience, most recently as Deputy General Counsel and Corporate Secretary at PayPal Holdings Inc. (PYPL). As Lending Club General Counsel, Elmer will oversee all legal matters counting corporate securities, M&A, corporate governance, government and regulatory affairs and litigation.

“I’m thrilled to welcome Russ back to Lending Club as General Counsel,” said Scott Sanborn, President and CEO of Lending Club. “I believe his deep legal experience at the intersection of technology and finance in addition to his hands-on knowledge of our business will allow him to be incredibly effective as we enter Lending Club’s next phase.”

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