The Crown Resorts Ltd (ASX: CWN) share price will be in focus today with the gaming and entertainment business due to report its earnings results to the market. So far this year, the CWN share price has declined roughly 1.6%, so investors will be looking for some good news today.
Here's a quick recap:
- FTSE 100 (UK): up 0.38%
- DAX (Germany): up 0.26%
- CAC 40 (France): up 0.15%
- Dow Jones (USA): up 0.16%
- NASDAQ (USA): down 0.09%
Air New Zealand, or AIR N.Z. FPO NZ (ASX: AIZ) as it appears on Google Finance, reported NZ$349 million in earnings (EBIT), down from NZ$457 million in the prior corresponding period. The company was impacted by "unprecedented competitive capacity" in the NZ market during the period.
Fellow NZ business Trade Me Group Ltd (ASX: TME) reported an 8.8% increase in revenue and a 19.6% increase in net profit.
Accounting software business Myob Group Ltd (ASX: MYO) is also due to report its earnings results today. Shareholders of XERO FPO NZX (ASX: XRO) will likely take some time to analyse those results considering the rivalry between the pair.
Other businesses that are due to report their earnings results today include Qantas Airways Limited (ASX: QAN), Flight Centre Travel Group Ltd (ASX: FLT), Ramsay Health Care Limited (ASX: RHC) and InvoCare Limited (ASX: IVC), to name a few.
Elsewhere, iron ore miners such as BHP Billiton Limited (ASX: BHP), Rio Tinto Limited (ASX: RIO) and Fortescue Metals Group Limited (ASX: FMG) could receive some attention. As reported by The Australian Financial Review, Beijing's top forecaster provided a somewhat downbeat view for the iron ore price in the second-half of the year, which could apply some pressure to those miners' share prices.
Before getting started on your day, be sure to check out these two articles:
