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Cooper Investors Pty Limited ("CI") is a specialist equities fund manager with funds under management of approximately A$13 billion. Both stocks and bonds performed poorly over the last 12 months, pulling back 10 year returns to single digit levels. Only physical commodities offer...
Bank of American weighs in on the 66% drop in Macau gross gaming revenue for December. "The MoM growth was partly helped by the Christmas holiday season. Macau government has imposed stricter quarantine rules on Dec 21, requiring people arriving Macau from locations except mainland China and ...
In what amounts to a pilling up of headaches for Crown Resorts (CWLDF), Australia's anti-money laundering regulator AUSTRAC launches an enforcement investigation at its main Melbourne casino, Reuters reports. Shares fell nearly 9% intraday on Australian Securities Exchange.Crow...
Melco Resorts & Entertainment (MLCO) and Australia-based Crown Resorts (CWLDF) held discussions back in 2019 about a potential full merger, according to James Packer. Packer, Crown's largest shareholder, made the comments during an appearance at an Australian public inquiry over a new cas...
The M&A pieces are starting to fall into place with Las Vegas Sands ( LVS -2.2% ) after the company announced last night that it would not be pursuing an integrated resort in Japan. More news on: Las Vegas Sands Corp., Wynn Resorts, Limited, Crown Resorts Ltd., Consumer stocks news, ...
Welcome to Seeking Alpha's Stocks to Watch - a preview of key events scheduled for the next week. Follow this account and turn the e-mail alert on to receive this article in your inbox every Saturday morning. A podcast of Stocks to Watch is also available on Sundays on Seeking Alpha , Apple ...
Melco Resorts & Entertainment ( MLCO +2.4% ) says it's ending a plan to acquire an additional 10% stake in Crown Resorts ( OTCPK:CWLDF ). More news on: Melco Resorts & Entertainment Limited, Crown Resorts Ltd. Read more ...
Melco Resorts & Entertainment (NASDAQ: MLCO ) is being probed by Australia's NSW Independent Liquor and Gaming Authority in connection to its $1.2B investment in Crown Resorts ( OTCPK:CWLDF ). More news on: Melco Resorts & Entertainment Limited, Crown Resorts Ltd., Consumer stock...
There were some interesting tidbits from Wynn Resorts' (NASDAQ: WYNN ) earnings call ( transcript ) last Thursday for investors to chew on. More news on: Wynn Resorts, Limited, Crown Resorts Ltd., MGM Resorts International, Consumer stocks news Read more ...
Following the announcement that Wynn Resorts ( WYNN ) is in talks with Crown Resorts ( CWLDY ), shares of Crown Resorts rose 20% to A$14.05. The proposed deal would imply a value of A$14.75 per share with the exchange ratio being fixed, using a volume weighted average price ('VWAP') for Wy...