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Crown Resorts Ltd

ASX:CWN ISIN:AU000000CWN6

Crown Limited (Crown) (ASX: CWN) is engaged in gaming and entertainment business. It owns and operates gaming and entertainment complexes, Crown Entertainment Complex in Melbourne and Burswood Entertainment Complex in Perth. the Company has joint venture business with Melco Crown Entertainment Limited, Gateway Casinos, Aspinall and Betfair Australasia Pty Ltd. In November 2007, Crown acquired a 50% interest in Gateway Casinos and Entertainment Inc in Canada, under a joint venture with Macquarie Bank. On December 5, 2007, Crown sold PBL group's interest in Hoyts. On December 12, 2007, Crown disposed of its Media businesses by way of a demerger of Consolidated Media Holdings Limited. On July 17, 2007, PBL sold its Ticketing and Events business to PBL Media.

  

News

Australian Market Report of October 13: US Investors Confident about Earnings

🕔10/13/2009 1:00:02 PM 12621

Dow Jones Industrial Average edged higher overnight towards the 10,000 points psychological level, helped by a market confidence on corporate earnings of blue chip companies. Energy stocks were also up on the back of a jump in crude oil prices.

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Australian Market Report of September 7: Up on US Employment Data

🕔9/7/2009 11:28:43 AM 16387

Wall Street was higher on Friday as a government report showed that the pace of job losses slowed in August. But the US stocks were still in negative territory for the week with the worst performance since early July.

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Australian Market Report of August 27: Weak Response to the Strong Data

🕔8/27/2009 1:00:41 PM 17183

US stocks closed nearly unchanged Wednesday despite a stronger than expected increase of new home sales and a jump in durable goods orders. The market responded to the positive data with a shrug, as investors remained cautious and took their profits after rallies.

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Australian Market Report of August 14: Mixed Overseas Economic Data

🕔8/14/2009 1:00:15 PM 14724

Wall Street finished higher in choppy trade as the upbeat economic data in Europe offset the news of disappointing retail sales in US. Wal-Mart's second-quarter earnings, above analyst's expectations, also helped to lift the market.

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Australian Market Report of June 11: Concern on Rising Oil Prices

🕔6/11/2009 1:00:20 PM 12977

The Australian shares Wednesday posted a strong gain boosted by miners and banks. The upbeat data on consumer confidence and housing finance also helped to lift the local market. The benchmark S&P/ASX200 index rose 89.5 points, or 2.27 per cent, to 4024.4, and the broader All Ordinaries index surged 82.7 points, or 2.1 per cent, at 4016.3.

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Australian Market Report of May 25: To Outperform Wall Street

🕔5/25/2009 1:00:32 PM 13335

The Australian share market ended lower on Friday, dragged by the big miners, as global demand worries hit the prices of oil and base metals. The benchmark S&P/ASX200 index fell 52.3 points, or 1.37 per cent, at 3,761.6, while the broader All Ordinaries index lost 49.3 points, or 1.3 per cent, to 3,755.4. Resources stocks are expected to gain as commodities prices were firmer. The Australian Securities and Investments Commission will lift a ban on covered short-selling of financial stocks effective from the opening of trade today.

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Australian Market Report of May 12: Caution Ahead of the Federal Budget

🕔5/12/2009 1:00:23 PM 14669

The Australian share market ended lower on Monday, dragged by miners and banks. The market was cautious ahead of the federal budget which will forecast a record deficit tonight. Yesterday, the benchmark S&P/ASX200 was down 15.7 points, or 0.4%, at 3926, while the broader All Ordinaries lost 9.1 points, or 0.23%, to 3910.5.

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Australian Market Report of April 7: Awaiting RBA Interest Rate Decision

🕔4/7/2009 1:00:49 PM 13732

Australian shares closed higher yesterday with rises in most sectors despite resources stocks dragged the market down. The benchmark S&P/ASX200 gained 0.6%, or 21 points, at 3756.6, while the All Ordinaries index was up 0.6%, or 22.4 points, at 3696.4. Banking stocks were stronger ahead of the Reserve Bank of Australia's interest rate decision.

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Australian Market Report of April 6: One Month Gains

🕔4/6/2009 1:00:21 PM 12494

On Friday, the Australian shares closed higher. The benchmark S&P/ASX200 climbed 55.4 points, or 1.51 per cent, at 3,735.6, while the broader All Ordinaries surged 51.8 points, or 1.43 per cent, to 3,674. This week the focus of the local market will be the Reserve Bank of Australia's interest rate decision.

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Australian Market Report of March 16: End of the Bear Market?

🕔3/16/2009 1:00:00 PM 13915

On Friday the Australian stocks posted a strong gain with financial sector soaring 5.3%, capping the best week for the market in three months. The benchmark S&P/ASX200 index ended 3.4% higher, or 109.7 points, at 3345.2, while the broader All Ordinaries index was up 3.3%, or 104.3 points, at 3294.7. The ASX200 rose 6% for the week. But analysts say that it is too early to say the bear markets end, although the US banks delivered turnarounds.

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Company Data

    Headquarters
  • Level 3, Crown Towers
    8 Whiteman Street
    Southbank VIC 3006
  • Telephone
  • Australia 
  • Principal Sector
  • Consumers 
  • Principal Industry
  • Leisure & Entertainment 
  • Homepage
  • www.crownresorts.com.au

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