loncine
Cineplex continues to look for ways to monetize its 2020 aborted merger with UK-based Cineworld. Recent events suggest its pursuit of justice will be a long and winding road. A judge in the U.S. Bankruptcy Court in Houston on Wednesday denied Cineplex Inc.’s request to allow its case against Cineworld Group plc (LON:CINE) to proceed in October in the Ontario Court of Appeal despite the current U.S. proceedings. Q2 2022 hedge fund letters, conferences and more Judge Marvin Isgur said allowing the litigation to continue at the early stage of London-based Cineplex's bankruptcy case would be "prem...
ValueWalk
An expert comment on AMC Entertainment Holdings Inc (NYSE:AMC) and the future of movie theaters as AMC stock took a 40% haircut Monday, over word its largest competitor – Cineworld Group (LON:CINE) – planned to file bankruptcy. The Impact Of AMC’s Stock Dive On Movie Theaters“I think when the pandemic hit, a lot of industries adapted, and the movie industry was one. Delivering movies directly to consumers either via streaming or online stores for purchase/rent helped keep the industry chugging along. Q2 2022 hedge fund letters, conferences and more I think theater chains need to rethink the ex...
ValueWalk
Look ahead to FTSE 350, other companies reporting & economic events from 14 to 18 March. Fevertree Drinks PLC (LON:FEVR) will be looking to keep investors updated on cost control measures as inflation hitsPhoenix Group Holdings PLC (LON:PHNX) should announce a higher dividendWe’ll get an idea of Petrofac Limited (LON:PFC)’s plans for its Russian businessWe’ll see how Zara parent Inditex (BME:ITX) is coping with inflationA rate rise is likely to be on the cards at next week’s Bank of England MPC MeetingThe long tale of struggle continues at Cineworld Group plc (LON:CINE)Q4 2021 hedge fund lette...
ValueWalk
“The lift off of Rolls-Royce Holding PLC (LON:RR) shares following the relaxation of transatlantic travel rules was given added thrust today with news of a big contract with the US Air Force. Rolls Royce engines will power the USAF B-52s for the next 30 years, and the clinching of this deal, which could be worth up to $2.6 billion, is yet another ray of sunlight for the engineering firm which finally seems to be leaving the pandemic storm clouds behind. Q2 2021 hedge fund letters, conferences and more A Supply Chrunch Is Pushing Oil Prices HigherAs snakes of drivers snarl up roads across the U...
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