CWN

Casino company Crown Casino (ASX:CWN) have reported their first half profit results to its shareholders and investors on the Australian stock market.

• Crown posted a $180.8 million Net Profit, down 34.1 percent from $274.4 million in the previous corresponding period.
• The result included a $74.3 million loss on Sydney and Queensland casino operator Echo Entertainment. Crown has a 10 percent stake in Echo.

Crown Casino (ASX:CWN) has announced plans of building a $568 million 6 star hotel at its Perth casino. A deal struck with the Western Australian (WA) government includes an expansion of gambling facilities. The hotel is called Crown Towers and will be built on the Burswood Peninsula. It will have 500 rooms (increasing capacity to 1200 rooms in the precinct) along with restaurants, bars, resort and convention facilities.

There are no floats but there are a couple of ex-dividends scheduled for tomorrow and there are quite a few companies who are holding their Annual General Meeting on Thursday October 27, 2011.

Annual General Meetings

Here is a list of companies who have scheduled an AGM on Thursday:

The schedule is full next week with 4 companies that will hold their extraordinary general meeting and 33 stocks that will go on ex-dividend on September 26, 2011.

Dividends

Crown Casino (ASX:CWN) will spend $281 million to upgrade its business. This is on top of the $139 million that will be spent to upgrade the Crown Casino in Melbourne and Burswood Casino in Perth. This signals the company's confidence to attract high rollers to its VIP gambling service, and meet the the competition from new casinos in Singapore and Macau.

Share Filter of the Bottom 10 Stocks on the ASX 100 for the week. These stocks decreased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (12th week: 21st March to 25th March 2011). Other lists of ASX companies by market capitalisation.

Best Australian Sharemarket Shares on the ASX 100 for the week. These stocks increased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (9th week: 28th February to 4th March 2011). Other lists of ASX companies by market capitalisation.

ASX 100 Stocks Which Overperformed from these ASX Top 100 companies this week. These stocks increased their share price by the largest percentage on the Australian sharemarket, the Australian Securities Exchange (ASX) from the previous week of trading (51st week: 20th December to 24th December 2010). Stocks which overperformed this week included: LYC, CQO, RHC, ILU, PRY, IAG, MCC, AIO, BLY, BLD, WES, ALL, IPL, BHP, CWN.

Stock Filter of the ASX 100 Losers this week. These stocks decreased their share price by the biggest percentage on the Australian stockmarket, the Australian Securities Exchange (ASX) from the last week of trading (49th week: 6th December to 10th December 2010). Stocks included this week are: LYC, TEL, BOQ, TOL, MTS, AIO, CWN, CQO, AQP, IPL, GFF, TLS, SUN, DJS, WAN. Other lists of Aussie companies by market capitalisation.