Tag: CWN

ESG friendly versus sinful stocks vs perform environmental social governance ASX

ESG friendly versus sinful stocks: which ones perform the best?

In a new era in which environmental, social and governance (ESG) considerations have been enshrined in the way fundies pick their shares, the so-called ‘sin’ stocks had been largely discounted as reli...
Crown Resorts ASX CWN Blackstone

$8 billion opportunity knocks at Crown Resorts

Sometimes opportunity only knocks once so there is no surprise that private equity giant Blackstone has pounced on troubled casino giant Crown Resorts (ASX: CWN) with a highly conditional $8 billion t...
ASX companies regulatory

The ASX companies that live or die with the stroke of a regulatory pen

Deep in any corporate vault lies a piece of paper or two that affirms the right of an enterprise to operate, such as articles of incorporation, a banking or broadcasting licence or a mining permit. ...

Can these fallen blue chip stocks rise twice?

The ASX is replete with hugely successful companies that not long ago were small caps, such as Afterpay (ASX: APT) and Fortescue Metals Group (ASX: FMG). Sadly, there’s also the reverse: famous nam...
Crown Casino Resorts shares AUSTRAC ASX CWN

Crown shares hit as AUSTRAC bites

Investors have been here before and they knew what to do as soon as regulator AUSTRAC was investigating Crown Casino in Melbourne. Sell first and ask questions later is the only logical reaction as...
Crown casino resorts social distancing coronavirus covid19 ASX CWN

Crown Resorts enforces social distancing at Melbourne casino in light of coronavirus outbreak

Crown Resorts (ASX: CWN) has announced social distancing measures being implemented at its Crown Melbourne casino complex in response to the coronavirus pandemic. From today, the James Packer-backe...
James Packer Crown Resorts Wynn for sale

James Packer puts up the ‘for sale’ sign on Crown Resorts

It may not be exactly the scenario he envisaged but James Packer has now effectively put a “for sale’’ sign on his major stake in Crown Resorts (ASX: CWN) and the company in general. The collapse o...