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Services Stocks in Focus are MGM, SIRI, LVS, DRYS, AEO, M, ZLC

Top Services Stocks.

(EMAILWIRE.COM, March 10, 2010 ) Dallas, Tx - Las Vegas Sands Corp. (NYSE:LVS) is amongst the top gainer in the early morning trade and soared 4.67% to $19.73. The stock has a 52-week range of $1.40-$20.73. So far in this year the stock went up over 32%.

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MGM MIRAGE (NYSE:MGM) spurted 3.47% to $11.94 after it announced that it has priced $845 million in aggregate principal amount of its 9% senior secured notes due 2020 at par. The transaction is expected to close on March 16, 2010. The Company plans to use the net proceeds from the offering to repay a portion of the outstanding indebtedness under its senior credit facility and related fees and expenses. The notes will be secured by a mortgage on MGM Grand Las Vegas and substantially all existing and future property of MGM Grand Hotel, LLC and, upon receipt of the necessary gaming approvals, a pledge of the limited liability company interests in MGM Grand Hotel, LLC.

Sirius XM Radio Inc. (NASDAQ:SIRI) climbed 1.94% over its previous day’s price and now trades at $0.928. The stock has a 52-week range of $0.14-$1.18. So far in this year the stock went up over 54%.

DryShips Inc. (NASDAQ:DRYS) surged 3.53% to $6.16. The stock has a 52-week range of $3.62-$11.48. So far in this year the stock went up over 8%.

American Eagle Outfitters (NYSE:AEO) rallied 6.12% to $18.21 after it announced that for first quarter of 2010, it expects non-GAAP earnings to be in a range of $0.15-$0.17 per diluted share (EPS). This guidance excludes estimated charges and an operating loss related to the MARTIN+OSA business as outlined in the table which follows. These estimates are preliminary and based on a number of significant assumptions and could change materially. First quarter of 2010 guidance compares to non-GAAP EPS of $0.11, which excluded a tax benefit, a realized loss related to the sale of investment securities and an operating loss related to MARTIN+OSA. According to Reuters Estimates, analysts on an average are expecting the Company to report EPS of $0.15 for first quarter of 2010.

Macy's, Inc. (NYSE:M) added 2.42% to $21.18. The stock today also touched a new 52 week high at $21.32.

Zale Corporation (NYSE:ZLC) advanced 15.50% to $3.36.

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