Best Value Stocks to Buy for September 25th
- KT, OBT and CNK made it to the Zacks Rank #1 (Strong Buy) value stocks list on September 25, 2024.
- 09/25/2024
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AMC, Regal and other US chains plan $2.2 billion in theater upgrades
- The largest theater chains including AMC Entertainment , Regal Cinemas and Cinemark will invest more than $2.2 billion over the next three years to upgrade theaters in the U.S. and Canada, an industry group announced on Thursday.
- 09/19/2024
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Adyen To Power Omnichannel Payments at U.S. Cinemark Theaters
- Adyen chosen by Cinemark to streamline payments and enhance experiences for moviegoers across Cinemark's 300+ U.S. locations. SAN FRANCISCO , Sept.
- 09/19/2024
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These 12 Stocks are Ripe for a Short Squeeze
- Subscribers to Chart of the Week received this commentary on Sunday, September 8.
- 09/10/2024
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Cinemark Celebrates its All-Time Best September Domestic Box Office Weekend, Driven by Beetlejuice Beetlejuice
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today announced that the company achieved its all-time best September domestic box office weekend driven by Beetlejuice Beetlejuice, which also was the company's biggest domestic opening weekend box office for a September title. With moviegoers seeking to maximize their neitherworldly adventure, the company also set September weekend records w.
- 09/09/2024
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Rate Cut Hopes Lift Confidence: 4 Consumer Discretionary Stocks to Buy
- Discretionary stocks like Cinemark (CNK), Traeger (COOK), Kontoor Brands (KTB) and Royal Caribbean Cruises (RCL) will benefit from the Fed's rate cuts.
- 08/29/2024
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3 Resilient Leisure Stocks Poised for Gains Amid Industry Woes
- The Leisure & Recreation Services industry is hurt by elevated interest rates and high costs. Stocks like RCL, NCLH and CNK are better positioned to escape industry challenges.
- 08/27/2024
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BRANDON LAKE AND PHIL WICKHAM PRESENT 'FOR THE ONE' TOUR DOCUMENTARY WITH FATHOM
- In Theaters October 27-29 NASHVILLE, Tenn. , Aug. 27, 2024 /PRNewswire/ -- Brandon Lake and Phil Wickham present FOR THE ONE tour documentary coming to theaters nationwide this fall via Fathom.
- 08/27/2024
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Earnings Estimates Rising for Cinemark (CNK): Will It Gain?
- Cinemark (CNK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 08/26/2024
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Consumer Sentiment Jumps in August: BAFM, DDI, RCL, TILE, CNK to Gain
- Consumer discretionary stocks like BFAM, DDI, RCL, TILE and CNK are likely to gain from the rebound in consumer sentiment.
- 08/21/2024
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GND Media Group, in Association with Pure Flix and Fathom, Reveal Official Trailer for AVERAGE JOE
- Exclusively in Theaters Beginning October 11, 2024 TICKETS ON SALE NOW NASHVILLE, Tenn. , Aug. 20, 2024 /PRNewswire/ -- GND Media Group, in association with Pure Flix and Fathom, are releasing the official trailer today for AVERAGE JOE as they gear up to launch the film in theaters nationwide beginning October 11.
- 08/20/2024
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Wall Street Resumes Rally Bolstering September Rate Cut: 4 Winners
- Discretionary stocks like Royal Caribbean Cruises Ltd. (RCL), Interface, Inc. (TILE), Cinemark Holdings, Inc. (CNK) and Traeger, Inc. (COOK) are poised to gain once the Fed starts its rate cuts.
- 08/19/2024
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4 Stocks to Buy as Cooling Inflation Bolsters Rut Cut Hopes
- Stocks like DoubleDown Interactive Co., Ltd. (DDI), Acme United Corporation (ACU), Traeger, Inc. (COOK) and Cinemark Holdings, Inc. (CNK) are likely to gain once the Fed starts its rate cuts.
- 08/16/2024
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Cinemark: Waiting For Better Box Office Activity (Rating Downgrade)
- Cinemark's Q2 was characterized by weak box office activity, as Hollywood's 2023 strikes affected new movie releases adversely. The result shows a fair performance in line with AMC's, with Cinemark also being able to vary costs effectively and being able to sell concessions well. The box office pipeline for 2025 and 2026 remains strong, making for a confident recovery in the upcoming years.
- 08/16/2024
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Cinemark Holdings Inc (CNK) Hits Fresh High: Is There Still Room to Run?
- Cinemark (CNK) is at a 52-week high, but can investors hope for more gains in the future? We take a look at the company's fundamentals for clues.
- 08/13/2024
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Wall Street Rebounds as Rate Cut Hopes Rise: 5 Stocks to Buy
- Discretionary stocks like PlayAGS, Inc. (AGS), Cinemark Holdings, Inc. (CNK), Hilton Grand Vacations Inc. (HGV), Royal Caribbean Cruises Ltd. (RCL) and YETI Holdings, Inc. (YETI) are likely to gain once the Fed starts its rate cuts.
- 08/09/2024
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Trade of the Day: Cinemark (CNK) Stock May Ride Higher on a Short Squeeze
- While Monday was a bloodbath for most equities, the market wasn't completely devoid of winners. One standout performer was movie theater owner and operator Cinemark (NYSE: CNK ).
- 08/07/2024
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CNK Stock Alert: Wall Street Is Pounding the Table on Cinemark
- Wall Street sentiment toward Cinemark (NYSE: CNK ) stock is still trending upward. Some movie theater chains have struggled since the Covid-19 pandemic, but this company is making notable progress.
- 08/05/2024
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These Analysts Boost Their Forecasts On Cinemark Following Upbeat Earnings
- Cinemark Holdings Inc CNK reported better-than-expected second-quarter financial results on Friday.
- 08/05/2024
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Cinemark Holdings, Inc. (CNK) Q2 2024 Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q2 2024 Earnings Conference Call August 2, 2024 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President and Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants Aaron Lee - Macquarie David Karnovsky - JPMorgan Eric Handler - ROTH MKM Ben Swinburne - Morgan Stanley Jim Goss - Barrington Research Omar Mejias - Wells Fargo Mike Hickey - Benchmark Eric Wold - B. Riley Securities Robert Fishman - MoffettNathanson Stephen Laszczyk - Goldman Sachs Operator Welcome to the Cinemark Holdings Inc. Second Quarter 2024 Earnings Call.
- 08/02/2024
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Cinemark (CNK) Reports Q2 Earnings: What Key Metrics Have to Say
- Although the revenue and EPS for Cinemark (CNK) give a sense of how its business performed in the quarter ended June 2024, it might be worth considering how some key metrics compare with Wall Street estimates and the year-ago numbers.
- 08/02/2024
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Cinemark Holdings (CNK) Q2 Earnings and Revenues Top Estimates
- Cinemark Holdings (CNK) came out with quarterly earnings of $0.32 per share, beating the Zacks Consensus Estimate of $0.07 per share. This compares to earnings of $0.80 per share a year ago.
- 08/02/2024
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Cinemark Holdings, Inc. Reports Second Quarter 2024 Results
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three and six months ended June 30, 2024. “Robust consumer enthusiasm to experience compelling content in a larger-than-life, theatrical setting was evident once again in the second quarter. Numerous films across varied genres delivered solid results, including June's record-breaking release of Inside Out 2 – now.
- 08/02/2024
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Cinemark (CNK) Is Attractively Priced Despite Fast-paced Momentum
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cinemark (CNK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 07/29/2024
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Cinemark Holdings (CNK) Expected to Beat Earnings Estimates: What to Know Ahead of Q2 Release
- Cinemark (CNK) possesses the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/26/2024
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Are Investors Undervaluing Cinemark (CNK) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 07/22/2024
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Top 2 Tech And Telecom Stocks That May Implode This Quarter
- As of July 10, 2024, two stocks in the communication services sector could be flashing a real warning to investors who value momentum as a key criteria in their trading decisions.
- 07/10/2024
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Sight & Sound Partners to Premiere Their First Ever LIVE Broadcast into Movie Theaters Nationwide, Courtesy of Fathom Events
- LANCASTER, Pa., July 09, 2024 (GLOBE NEWSWIRE) -- Following a decade of taking their spectacular theater experience from the stage to the screen, Sight & Sound is partnering with Fathom Events to do something Sight & Sound has never done before — broadcast a production LIVE into movie theaters nationwide.
- 07/09/2024
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The Cheesecake Factory Offers Triple the Reasons to Celebrate National Cheesecake Day This Year
- CALABASAS HILLS, Calif.--(BUSINESS WIRE)--The Cheesecake Factory® is celebrating its favorite holiday – National Cheesecake Day – in a big way this year making it a two-day celebration and introducing the newest flavor to its legendary lineup on July 29: Triple Berry Bliss Cheesecake – creamy cheesecake layered with vanilla cake, three kinds of berries and a kiss of citrus. For every slice of Triple Berry Bliss Cheesecake sold through July 29, 2025, The Cheesecake Factory will donate 25 cents t.
- 07/09/2024
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Cinemark USA, Inc. Announces Commencement of Cash Tender Offer for Any and All of Cinemark USA, Inc.'s 5.875% Senior Notes due 2026
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) (the “Company” or “Cinemark”) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), has commenced a cash tender offer to purchase any and all of Cinemark USA's 5.875% senior notes due 2026 (the “notes”). As of July 9, 2024, Cinemark USA had $405,000,000 aggregate principal amount of notes outstanding. The tender offer is being made pursuant to an offer to purchase, dated as of July 9, 2024 (the “O.
- 07/09/2024
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Cinemark USA, Inc. Announces Launch of $500 Million Senior Notes
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) (“Cinemark” or the “Company”) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), plans to commence a private offering (the “Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $500 million aggregate principal amount of senior notes due 2032 (the “Notes”). The Notes will be guaranteed by certain.
- 07/09/2024
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B. Riley Just Raised Its Price Target on Cinemark (CNK) Stock
- The movie theater industry may be struggling right now, but Wall Street sentiment may be shifting toward one company. Cinemark Holdings (NYSE: CNK ) stock is in the green today after receiving an upgrade and increased price target.
- 07/08/2024
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Fathom, the company behind classic films at your local theater, is making major gains in moviegoing
- At a time when the box office is starved for content and audiences seem pickier than ever, Fathom Events is posting record revenue gains. The joint venture between AMC, Regal and Cinemark has been best known for bringing alternative content to the big screen in the form of classic Hollywood titles, live telecasts of theater and opera productions and concerts.
- 06/30/2024
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Cinemark (CNK) Soars 6.5%: Is Further Upside Left in the Stock?
- Cinemark (CNK) witnessed a jump in share price last session on above-average trading volume. The latest trend in earnings estimate revisions for the stock doesn't suggest further strength down the road.
- 06/25/2024
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Cinemark (CNK) Should “Prosper” Driven by Box Office Improvement
- Cinemark (CNK) shares are up more than 15% this month. Cinemark operates movie theaters across 42 state and 13 countries.
- 06/24/2024
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Cinemark Analyst Turns Bullish On Box Office Strength, Potential Dividend Comeback: 'Should Prosper Over The Next 2.5 Years'
- Movie theater company Cinemark Holdings Inc CNK gets upgraded by an analyst as several box office releases are showing strength for the movie industry in recent weeks.
- 06/24/2024
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LAIKA Bringing Newly Remastered 3D Coraline Back to Theaters Globally to Celebrate 15th Anniversary Courtesy of Fathom and Trafalgar Releasing
- HILLSBORO, Ore. & DENVER & LONDON--(BUSINESS WIRE)-- #LAIKAStudios--LAIKA'S REMASTERED 3D CORALINE RETURNS TO THEATERS GLOBALLY THIS SUMMER THROUGH FATHOM AND TRAFALGAR RELEASING.
- 06/11/2024
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Should Value Investors Buy Cinemark (CNK) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 06/11/2024
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The Next Meme Stock Sensations? 3 Ready to Join the Rally
- Despite the challenging macroeconomic landscape, investors are buying meme stocks as companies gain popularity again through social media and online communities. May was a particularly interesting month for meme maniacs following “Roaring Kitty's” return after over three years.
- 06/09/2024
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Cinemark (CNK) Upgraded to Buy: What Does It Mean for the Stock?
- Cinemark (CNK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #2 (Buy).
- 06/03/2024
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3 Leisure & Recreation Services to Gain from Robust Industry Trend
- The Leisure & Recreation Services industry benefits from optimizing business processes and robust demand for cruising. RCL, CNK and AMC are well-positioned to capitalize on these.
- 06/03/2024
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Roll Credits on AMC: Buy These 7 Entertainment Stocks Instead
- As this month's Roaring Kitty meme wave has now come and gone, it's time to skip on names like AMC Entertainment (NYSE: AMC ), and look at far better entertainment stocks to buy for growth and value. Even as AMC stock has coughed back most of its gains from this short-lived meme rallies, shares in the movie theater chain remain at risk of experiencing additional sharp price declines.
- 05/28/2024
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Are Investors Undervaluing Cinemark (CNK) Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/23/2024
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Cinemark (CNK) Shows Fast-paced Momentum But Is Still a Bargain Stock
- Cinemark (CNK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 05/23/2024
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Mike Rowe Presents SOMETHING TO STAND FOR Coming to Theaters Nationwide - Beginning June 27
- TICKETS ON SALE BEGINNING MAY 24 FORT WORTH, Texas , May 23, 2024 /PRNewswire/ -- Trinity Broadcasting Network, Fathom, Impact Productions and mikeroweWORKS announce the release of SOMETHING TO STAND FOR with Mike Rowe, premiering in theaters nationwide beginning June 27th. Watch the trailer and purchase tickets on May 24 for SOMETHING TO STAND FOR here.
- 05/23/2024
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DC Studios, HBO Documentary Films and CNN Films' Acclaimed Documentary “Super/Man: The Christopher Reeve Story” Receiving Special U.S. Theatrical Release
- BURBANK, Calif.--(BUSINESS WIRE)--Acclaimed Documentary “Super/Man: The Christopher Reeve Story” Receiving Special U.S. Theatrical Release.
- 05/20/2024
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Here are some of the tech stocks Daniel Loeb's Third Point hedge fund has snapped up
- Daniel Loeb's Third Point hedge fund has gone deeper into stocks of major tech companies, a filing with the Securities and Exchange Commission showed late Wednesday.
- 05/15/2024
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When the Dust Settles, Cinemark Will Be a Better Bet Than AMC Stock
- For the past two days, many eyes have been focused on the meme stock rally that has overtaken markets. Keith Gill, who is credited with helping start the GameStop (NYSE: GME ) squeeze of 2021, decided to return to social media on May 12.
- 05/14/2024
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Trade of the Day: Take a Gamble on Cinemark (CNK) Stock as Meme Frenzy Returns
- Movie theaters are in trouble. With so many ways to consume entertainment content, the box office business model lost its appeal — which is bad news for Cinemark (NYSE: CNK ).
- 05/14/2024
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AMC and Cinemark yet to reclaim ‘pre-COVID glory' as foot traffic still well below pre-pandemic levels, research says
- Movie theater chains AMC Entertainment Holdings Inc., Cinemark Holdings Inc. and Regal Cinemas are still seeing visit numbers well below pre-pandemic levels, according to foot traffic data from analytics company Placer.ai.
- 05/07/2024
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CNK or MTN: Which Is the Better Value Stock Right Now?
- Investors interested in stocks from the Leisure and Recreation Services sector have probably already heard of Cinemark Holdings (CNK) and Vail Resorts (MTN). But which of these two stocks is more attractive to value investors?
- 05/07/2024
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Should Value Investors Buy Cinemark (CNK) Stock?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 05/07/2024
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Cinemark Holdings, Inc. (CNK) Q1 2024 Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q1 2024 Earnings Conference Call May 2, 2024 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President and Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants Eric Handler - ROTH MKM David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Omar Mejias - Wells Fargo Mike Hickey - Benchmark Jim Goss - Barrington Research Stephen Laszczyk - Goldman Sachs Operator Greetings and welcome to the Cinemark Holdings Inc. First Quarter 2024 Earnings Conference Call. [Operator Instructions] A brief question-and-answer session will follow the formal presentation.
- 05/02/2024
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Cinemark Holdings (CNK) Q1 Earnings and Revenues Surpass Estimates
- Cinemark Holdings (CNK) came out with quarterly earnings of $0.19 per share, beating the Zacks Consensus Estimate of a loss of $0.21 per share. This compares to loss of $0.03 per share a year ago.
- 05/02/2024
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Cinemark Holdings, Inc. Reports First Quarter 2024 Results
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest and most influential theatrical exhibition companies in the world, today reported results for the three months ended March 31, 2024. “2024 North American industry box office has kicked off better than expected, declining only modestly versus 2023 despite last year's strike-induced headwinds. Outsized results across a wide array of diverse films provide further validation that consumer enthusiasm for experienc.
- 05/02/2024
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Cinemark Heats Up Cinematic Fun This Summer and Extends Summer Movie Clubhouse Program
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc., one of the largest and most influential theatrical exhibition companies in the world, is heating up cinematic fun this summer and extending its Summer Movie Clubhouse program in response to strong consumer demand. Sponsored by Illumination's Despicable Me 4 and DreamWorks Animation's The Wild Robot, both from Universal Pictures, the popular program will run June 10 through August 15, bringing 10 weeks of discounted family-friendly films ba.
- 04/30/2024
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Warner Bros. Pictures and HBO Acquire Groundbreaking Doc “The Commandant's Shadow”
- BURBANK, Calif.--(BUSINESS WIRE)--Warner Bros. Pictures & HBO Acquire Groundbreaking Doc “The Commandant's Shadow” Special U.S. Release May 29, encore on May 30 from WB & Fathom Events.
- 04/26/2024
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Earnings Preview: Cinemark Holdings (CNK) Q1 Earnings Expected to Decline
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/25/2024
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Cinemark poised to reap the benefits of a better box office, says Wedbush, raising price target and estimates
- Cinemark Holdings Inc. is well positioned for an improved box office as the movie theater industry recovers from the effects of last year's Hollywood writers' and actors' strikes, according to analyst firm Wedbush.
- 04/19/2024
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Cinemark to Host First Quarter 2024 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its first quarter 2024 operating results pre-market and host a webcast and conference call to discuss the results on: Thursday, May 2, 2024 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?web.
- 04/18/2024
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Cinemark well-positioned for box-office rebound and market-share gains, says Benchmark
- Movie-theater chain Cinemark Holdings Inc.'s growth prospects are strong, according to Benchmark analyst Mike Hickey.
- 04/09/2024
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Cinemark (CNK) Moves 5.4% Higher: Will This Strength Last?
- Cinemark (CNK) saw its shares surge in the last session with trading volume being higher than average. The latest trend in earnings estimate revisions may not translate into further price increase in the near term.
- 04/08/2024
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Cinemark Stock Jumps. ‘Movies Are Back.
- Total first-quarter box office performance came out to $1.61 billion, according to Box Office Mojo.
- 04/05/2024
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Cinemark stock price beats AMC badly as analyst boosts target
- Cinemark (NYSE: CNK) stock price has continued to trounce AMC this year. It has jumped by a whopping 42%, beating the S&P 500 and Nasdaq 100 indices, which are up by about 10%.
- 04/05/2024
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Wells Fargo Is Pounding the Table on Cinemark (CNK) Stock
- Cinemark (NYSE: CNK ) stock is in the news Friday after the movie theater chain was granted a rare double upgrade from Wells Fargo analyst Steven Cahall. The Wells Fargo analysts bumped shares of CNK stock up from an “underweight” rating to an “overweight” rating.
- 04/05/2024
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Double Upgrade Pushes Cinemark Stock Higher
- Wells Fargo doled out a double upgrade for Cinemark Holdings, Inc. (NYSE:CNK) to "overweight" from "underweight" and hiked its price target to $23 from $13.
- 04/05/2024
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VCR: Consumer Discretionary Sector Dashboard For March
- VCR: Consumer Discretionary Sector Dashboard For March
- 03/17/2024
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Cinemark to Participate in Upcoming Institutional Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 19: 36th Annual Roth MKM Investor Conference in Dana Point, CA Melissa Thomas, CFO, and Chanda Brashears, SVP Investor Relations 1:1 investor meetings Fireside chat at 10:30 am PT https://wsw.com/webcast/roth48/cnk/1672060 About Cinemark Holdings, Inc.: Cinemark Holdings, In.
- 03/04/2024
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Don't Bury Movie Theater Stocks
- People have been staying away from movie theaters in 2024. A weekend earlier in the month drew the smallest audiences in nearly three years.
- 02/20/2024
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Cinemark (CNK) Q4 Earnings: How Key Metrics Compare to Wall Street Estimates
- The headline numbers for Cinemark (CNK) give insight into how the company performed in the quarter ended December 2023, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
- 02/16/2024
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Cinemark Holdings (CNK) Reports Q4 Loss, Tops Revenue Estimates
- Cinemark Holdings (CNK) came out with a quarterly loss of $0.15 per share versus the Zacks Consensus Estimate of a loss of $0.16. This compares to loss of $0.82 per share a year ago.
- 02/16/2024
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AMC's stock has tumbled. CEO Adam Aron says he'll ‘have much to say' on the company's Q4 earnings call.
- Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently. AMC CEO Adam Aron says that he will “have much to say” about “what is going on” when the company reports its fourth-quarter results on Feb. 28.
- 02/16/2024
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Cinemark's stock slides 1.8% after company posts wider-than-expected Q4 loss
- Cinemark Holdings Inc.'s stock CNK, +4.88% fell 1.8% early Friday, after the cinema operator's fourth-quarter loss was wider than expected. Plano, Texas-based Cinemark posted a net loss of $18 million, or 15 cents a share, for the quarter, narrower than the loss of $99.3 million, or 82 cents a share, posted in the year-earlier period.
- 02/16/2024
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Cinemark (CNK) Q4 Earnings Preview: What You Should Know Beyond the Headline Estimates
- Looking beyond Wall Street's top -and-bottom-line estimate forecasts for Cinemark (CNK), delve into some of its key metrics to gain a deeper insight into the company's potential performance for the quarter ended December 2023.
- 02/13/2024
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Cinemark to Participate in Upcoming Institutional Investor Conferences
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conferences: Tuesday, February 27: J.P. Morgan High Yield & Leveraged Finance Conference in Miami, FL Melissa Thomas, CFO, and Chanda Brashears, SVP Investor Relations 1:1 investor meetings Fireside chat at 10:15 am ET https://jpmorgan.metameetings.net/events/highyield24/sessions/50389-cinemark-ho.
- 02/12/2024
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Cinemark Holdings (CNK) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/09/2024
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Cinemark to Host Fourth Quarter and Full Year 2023 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its fourth quarter and full year 2023 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, February 16, 2024 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediafra.
- 02/01/2024
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Imax, Cinemark shares could offer upside in 2024 despite challenges for movie theaters, Macquarie says
- Movie-theater stocks may be facing a tough first-quarter domestic box office, but they could be set for upside later this year, according to Macquarie Equity Research.
- 01/29/2024
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‘Worn-out' investors are contributing to AMC's stock slide, Stocktwits says
- Shares of AMC Entertainment Holdings Inc. have hit a series of record lows recently, a far cry from the heady days of 2021 that turned the movie-theater chain into a meme-stock phenomenon.
- 01/17/2024
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Cinemark Stock Hit With Downgrade to Start 2024
- Cinemark Holdings, Inc. (NYSE:CNK) was last seen down 1.1% at $13.94, after a downgrade from B. Riley to "neutral" from "buy," and price-target cut to $15 from $23. CNK shed 15.5% in the past six months, and is today eyeing its fifth loss in the last six sessions, as it moves further below its 20-day moving average. The equity maintains a 61.8% year-over-year lead, however.
- 01/02/2024
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The 7 Best Bargain Growth Stocks to Buy Before 2024
- When you hear the term “growth stocks,” you probably think of high-growth yet unprofitable companies diluting shareholders through secondary offerings just to fund more losses. But that doesn't always have to be the case.
- 12/11/2023
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Reviving Cinemark: A Bullish Outlook Amidst Growth And Resilience
- Cinemark Holdings, Inc. has reported strong Q3 2023 results, with an EPS of $0.61 and a revenue increase of 34.5%. The company has made strides in enhancing its bottom line, generating cash flow, and strengthening its balance sheet. Cinemark's upcoming movie releases and planned expansion suggest potential upside in the recovering market.
- 11/22/2023
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7 Entertainment Stocks That Are Way Better Buys Than AMC
- The “meme mania” that once propelled AMC Entertainment (NYSE: AMC ) stock to lofty price levels has long left the scene. Even as a speculative trade, AMC is no longer one of the strong opportunities among entertainment stocks.
- 11/09/2023
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Cinemark well-positioned for postpandemic growth and could bring back dividend, one analyst says
- Cinemark Holdings Inc. is well-positioned for growth as the movie-theater chain recovers from the disruption of the COVID-19 pandemic, according to Benchmark analyst Mike Hickey.
- 11/06/2023
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Cinemark Holdings, Inc. (CNK) Q3 2023 Earnings Call Transcript
- Start Time: 08:30 January 1, 0000 9:41 AM ET Cinemark Holdings, Inc. (NYSE:CNK ) Q3 2023 Earnings Conference Call November 03, 2023, 08:30 AM ET Company Participants Sean Gamble - President and CEO Melissa Thomas - CFO Chanda Brashears - SVP of IR Conference Call Participants David Karnovsky - JPMorgan Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Michael Nathanson - MoffettNathanson Ben Swinburne - Morgan Stanley Mike Hickey - Benchmark Jim Goss - Barrington Research Omar Mejias - Wells Fargo Stephen Laszczyk - Goldman Sachs Operator Greetings, and welcome to the Cinemark Holdings Third Quarter 2023 Earnings Call.
- 11/03/2023
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Is Cinemark (CNK) Outperforming Other Consumer Discretionary Stocks This Year?
- Here is how Cinemark Holdings (CNK) and Skechers (SKX) have performed compared to their sector so far this year.
- 11/03/2023
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AMC's stock climbs after rival Cinemark's third-quarter earnings beat
- Shares of AMC Entertainment Holdings Inc. climbed Friday after rival Cinemark Holdings Inc.'s third-quarter top- and bottom-line beat.
- 11/03/2023
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Cinemark Holdings (CNK) Q3 Earnings and Revenues Beat Estimates
- Cinemark Holdings (CNK) came out with quarterly earnings of $0.61 per share, beating the Zacks Consensus Estimate of $0.47 per share. This compares to loss of $0.20 per share a year ago.
- 11/03/2023
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Cinemark Earnings Smash Expectations as Moviegoers Return.
- The movie theater chain posted third-quarter earnings of 61 cents a share, while Wall Street called for 41 cents. Attendance rose 27.9% to 61.9 million.
- 11/03/2023
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Cinemark Q3 Revenue Surges Above Pre-Pandemic Levels; Theater Chain “Highly Optimistic” About Future Of Moviegoing
- Cinemark revenue set a record in the third quarter, thanks to blockbusters like Barbie and Oppenheimer, and even notched a 6% gain over pre-pandemic 2019 levels. The major exhibitor reported revenue of $875 million in the quarter ending September 30, up 35% over the year-ago period.
- 11/03/2023
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Cinemark stock rises toward 5th-straight gain after earnings beat, boosted by a record July box office
- Shares of Cinemark Holdings Inc. CNK, +1.63% rallied 2.4% toward a fifth-straight gain in premarket trading Friday, after the movie theater operator reported third-quarter earnings that were well above expectations, boosted by a jump in admissions, including a record domestic box office in July. The company swung to net income of $90.2 million, or 61 cents a share, from a loss of $24.5 million, or 20 cents a share, in the year-ago period.
- 11/03/2023
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Movie Theater Operator Readies for Earnings
- Shares of the Cinemark Holdings Inc (NYSE:CNK) are flat this afternoon, last seen up 0.2% at $16.60, ahead of the company's third-quarter earnings call.
- 11/02/2023
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Should You Buy Cinemark (CNK) Ahead of Earnings?
- Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 11/02/2023
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Cinemark to Host Third Quarter 2023 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its third quarter 2023 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, November 3, 2023 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?.
- 10/20/2023
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Is Cinemark (CNK) Stock Undervalued Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 10/18/2023
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Taylor Swift concert film draws $2.8 million from last-minute previews
- CNBC's Julia Boorstin joins 'Closing Bell: Overtime' to discuss Taylor Swift's blockbuster concert film. f
- 10/13/2023
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Cinemark and Imax Steal the Spotlight in Movie Theater Comeback
- Movie theater chains, at least some, are reeling in the profits as audiences flock back. Cinemark Holdings Inc. NYSE: CNK pivoted back to profitability in the most recent quarter after suffering losses in most quarters since 2020.
- 10/13/2023
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‘Taylor Swift: The Eras Tour' movie set to break more records, boding well for AMC and Cinemark
- “Taylor Swift: The Eras Tour” hits movie theaters on Oct. 13, and the eagerly anticipated concert film looks set to break more records amid huge interest.
- 10/11/2023
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These 2 Consumer Discretionary Stocks Could Beat Earnings: Why They Should Be on Your Radar
- The Zacks Earnings ESP is a great way to find potential earnings surprises. Why investors should take advantage now.
- 10/09/2023
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Taylor Swift's Eras Tour movie hits a presale record for Cinemark
- Taylor Swift's concert film hasn't even been released yet and it's already toppling box-office records.
- 10/03/2023
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‘Taylor Swift: The Eras Tour' sets pre-sales records for Cinemark
- Cinemark Holdings Inc. is seeing record demand for the “Taylor Swift The Eras Tour” concert film, which hits theaters Oct. 13.
- 10/03/2023
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Beyonce's Renaissance Tour film will help fill gaps for light December box office
- AMC has partnered with Parkwood Entertainment to bring Beyonce's Renaissance Tour to cinemas in December.
- 10/03/2023
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AMC clinches deal to show Beyoncé's ‘Renaissance World Tour' concert film
- Movie theater chain and meme stock darling AMC Entertainment Holdings Inc. will show the concert film of Beyoncé's “Renaissance World Tour,” the company has announced.
- 10/02/2023
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Marcus Theatres' stock rises as Beyoncé concert film set for release
- Marcus Corp.'s stock MCS, +0.85% rose 0.9% Monday after Marcus Theatres announced that it will show the concert film of Beyoncé's “Renaissance World Tour.”
- 10/02/2023
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Is Cinemark (CNK) a Great Value Stock Right Now?
- Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- 09/28/2023
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Movie theater shares pop after writers, studios reach tentative labor deal
- While a potential end to the writers' strike represents positive momentum for Hollywood, union members still need to ratify the deal.
- 09/25/2023
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Big Media Stocks Backtrack In Jittery Market; Theater Chains Soar On Tentative WGA Deal
- Big media shares, which rose in pre-market trading Monday, opened lower at the bell and are still trending down midday after the Writers Guild reached a tentative deal with studios to end their prolonged strike.
- 09/25/2023
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Cinemark launces Private Swiftie Parties to watch Taylor Swift's New Eras concert film
- Cinemark Holdings Inc. CNK, +1.74% is offering Private Swiftie Parties, where fans can hire a private auditorium to watch the star's forthcoming “Taylor Swift The Eras Tour” concert film, which hits theaters Oct. 13. The company describes the parties as the “ultimate VIP event” to experience the film.
- 09/13/2023
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Taylor Swift could change the movie theater industry with her Eras Tour concert film — here's how
- After Barbenheimer, Taylor Swift is taking event cinema to another level. Her Eras Tour concert movie will open Oct. 13 in major theater chains.
- 09/10/2023
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ETFs & Stocks in Focus on "Barbie"s Billion-Dollar Success
- As "Barbie" continues to shine at the box office, investors may want to closely monitor ETFs that align with the themes and industries influenced by this groundbreaking cinematic achievement.
- 08/07/2023
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'Barbie' Movie Could Have a Lasting Impact on These Companies
- "Barbie" isn't just one of 2023's biggest box office hits, it could also have a lasting financial impact on companies spanning fashion, entertainment, and home decor.
- 08/06/2023
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Cinemark Holdings 2Q financial results top estimates on strong box office; stock climbs
- Cinemark Holdings (NYSE:CNK), Inc shares rose 3% to $17.80 in early Friday trading as the cinema operator saw its second-quarter revenue rise 27% year over year to $942.3 million, as 24% more movie goers paid to see films at its theaters. The company also swung to a 2Q profit of $119.1 million, or $0.80 a share, from a loss of $73.4 million, or $0.61 a share, during the same period last year.
- 08/04/2023
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Cinemark Holdings (CNK) Beats Q2 Earnings and Revenue Estimates
- Cinemark Holdings (CNK) came out with quarterly earnings of $0.80 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.17 per share a year ago.
- 08/04/2023
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Cinemark Stock Rises on Earnings Beat
- The movie theater chain posts second-quarter earnings of 80 cents a share, topping forecasts of 54 cents.
- 08/04/2023
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Cinemark's stock jumps 4% premarket after earnings sweep past estimates amid strong box office
- Cinemark Holdings Inc.'s stock CNK, -0.12% rose 4% in premarket trade Friday, after the cinema operator swung to a profit and beat consensus estimates for the second quarter. Plano, Texas-based Cinemark said it had net income of $119.1 million, or 80 cents a share, for the quarter, after a loss of $73.4 million, or 61 cents a share, in the year-earlier period.
- 08/04/2023
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Why Earnings Season Could Be Great for Cinemark (CNK)
- Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 08/03/2023
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3 Movie Theater Stocks That Even ‘Barbieheimer' Can't Save
- Retail investors have jumped strategically on various cinema stocks over the past two years. The trend has capitalized on the surge seen in pandemic rebound plays, as well as the meme stock mania.
- 07/31/2023
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AMC, Cinemark and Regal saw major ‘Barbie' and ‘Oppenheimer' foot traffic boost, research shows
- Movie theater chains AMC Entertainment Holdings Inc., Cinemark Holdings Inc. and Cineworld Group PLC's Regal Cinemas have all enjoyed a significant foot traffic boost thanks to summer blockbusters “Barbie” and “Oppenheimer,” according to analytics company Placer.ai.
- 07/27/2023
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Media Stocks & ETFs in Focus on "Barbenheimer"s Success
- The box office is buzzing with excitement as Warner Bros.' "Barbie" and Universal's "Oppenheimer" took center stage during the much-anticipated "Barbenheimer" weekend.
- 07/24/2023
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Can Movie Theater Stocks Keep the Barbenheimer Rally Going?
- "Barbie" and "Oppenheimer" combined for $235.5 million in domestic ticket sales, pushing total receipts for all films over $300 million for the first time since late April of 2019. Year-to-date ticket sales are 20% below where they were in 2019, but momentum is bullish.
- 07/24/2023
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Cinemark stock rises 1.6% as ‘Barbie' and ‘Oppenheimer' enjoy blockbuster opening weekend
- Shares of movie theater operator Cinemark Holdings Inc. CNK, -0.83% rose 1.6% in premarket trades Monday, boosted by the strong opening weekend box office performance of “Barbie” and “Oppenheimer.” The eagerly-anticipated movies opened Friday.
- 07/24/2023
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Why 'Barbenheimer' might not be enough to fuel a movie stock rally
- The debuts of "Barbie" and "Oppenheimer" have been hotly anticipated, but don't count on a bump for movie stocks. JPMorgan strategists anticipate that the Hollywood actor and writer strike will keep any stock rally muted.
- 07/22/2023
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Hollywood Strike Poses Key Risk To These Stocks—Even If Barbie And Oppenheimer Smash The Box Office
- Shares of Barbie-maker Mattel and movie distributors Comcast and Warner Bros. Discovery may be surging, but not every entertainment stock is basking in the good vibes during the hottest movie weekend of the summer.
- 07/21/2023
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‘Barbie' and ‘Oppenheimer' set for blockbuster opening weekend amid ‘Barbenheimer' buzz
- Two of the year's most eagerly anticipated movies hit theaters Friday, as “Barbie” and “Oppenheimer” kick off what is expected to be a big box-office weekend.
- 07/21/2023
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Cinemark to Host Second Quarter 2023 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its second quarter 2023 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, August 4, 2023 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.html?w.
- 07/21/2023
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More than 200,000 people bought tickets for Oppenheimer-Barbie double feature
- CNBC's Sarah Whitten joins 'The Exchange' to discuss weekend box office estimates, the impact Hollywood strikes are having on next year film debuts, and expectations for when to expect Hollywood strikes to resolve.
- 07/19/2023
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Cinemark Stock Hits 3-Month Low on Downgrade
- The shares of Cinemark Holdings Inc (NYSE:CNK) are trading at their lowest levels since early April, down 4% at $14.77 at last glance, after a downgrade from J.P.
- 07/19/2023
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Cinemark shares fall after JPM downgrade warns of actors' strike ‘overhang'
- Shares of Cinemark Holdings Inc. CNK, +2.46% fell 3.2% in premarket trades Wednesday after J.P. Morgan downgraded the stock to neutral from overweight, citing the impact of the actors' strike.
- 07/19/2023
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Why Investors Need to Take Advantage of These 2 Consumer Discretionary Stocks Now
- Why investors should use the Zacks Earnings ESP tool to help find stocks that are poised to top quarterly earnings estimates.
- 07/14/2023
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Why Cinemark Was a Star Stock on Wednesday
- An analyst upgraded his recommendation on the movie theater chain operator. He now rates its shares as a buy.
- 07/12/2023
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Cinemark stock climbs on upgrade, price target raise
- Shares of Cinemark Holdings Inc. CNK, -1.48% rose 7% before market open Wednesday after B.Riley Securities upgraded the movie theater operator to buy from neutral and raised its price target for the company to $23 from $20. The move comes about four weeks after B.Riley Securities downgraded Cinemark to neutral from buy.
- 07/12/2023
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ROKU Chooses Shan Boodram as Host for The Marriage Pact
- ROKU appoints Shan Boodram as the host for its innovative relationship experiment series, The Marriage Pact.
- 07/11/2023
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Are Consumer Discretionary Stocks Lagging Cinemark (CNK) This Year?
- Here is how Cinemark Holdings (CNK) and Corsair Gaming, Inc. (CRSR) have performed compared to their sector so far this year.
- 07/11/2023
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Cinemark Sees Continued Growth From Latin America, Subscription Verticals
- The article provides a general overview of a company's valuation and financials, highlighting operational and geographic growth as key drivers of scale. Cinemark remains moderately undervalued, with operational strength driven by its presence and expansion in the LatAm region. Combined with Cinemark's emphasis on margin-expanding domestic unit economics, I seek to present a 'buy' case for the stock.
- 07/10/2023
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Cinemark Holdings: Summer Movie Season Essential For Recovery
- Cinemark's revenue is slowly recovering although the company has yet to produce positive earnings. Number of blockbuster hits and increased cinema attendance is positively impacting growth, however increased competition and lack of market expansion remains a burden to the stock. Cautious of high short-interest and debt intake with nearing maturities.
- 07/10/2023
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What Makes Cinemark (CNK) a New Strong Buy Stock
- Cinemark (CNK) might move higher on growing optimism about its earnings prospects, which is reflected by its upgrade to a Zacks Rank #1 (Strong Buy).
- 07/04/2023
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5 Stocks to Buy as Consumer Confidence Makes Solid Rebound
- Discretionary stocks like Marriott International (MAR), Royal Caribbean Cruises (RCL), Hilton Grand Vacations (HGV), Lifetime Brands (LCUT) and Cinemark Holdings (CNK) are likely to benefit from soaring consumer confidence.
- 06/29/2023
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4 Big Gainers on Soaring Consumer Confidence
- As consumer confidence in June touches the highest level since January 2002, stocks such as Hilton Grand Vacations (HGV), Royal Caribbean Cruises (RCL), Cinemark (CNK) and OneSpaWorld (OSW) are well-poised to gain.
- 06/28/2023
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San Francisco loses another large downtown business as city's troubles mount
- Citing "local business conditions," Cinemark says it is closing its theater in San Francisco's Westfield mall, becoming the latest major firm to pull out of the crime-ridden city.
- 06/26/2023
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4 Stocks to Buy as Easing Inflation Boosts Consumer Sentiment
- Slowing inflation coupled with Fed's decision to pause interest rate hikes is helping boost consumer sentiment, benefiting stocks like Lifetime Brands (LCUT), Bluegreen Vacations Holding (BVH), Cinemark Holdings (CNK) and OneSpaWorld Holdings (OSW).
- 06/22/2023
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4 Solid Stocks to Buy as Fed Keeps Interest Rate Unaltered
- Consumer discretionary stocks like OneSpaWorld Holdings (OSW), Royal Caribbean Cruises (RCL), Cinemark Holdings (CNK) and Lifetime Brands (LCUT) are likely to benefit as a halt in interest rate hike will allow people to spend more freely.
- 06/15/2023
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Cinemark Holdings Enjoys Sustained Momentum Amid Strong Summer Box Office
- Once sitting among the most beleaguered enterprises following the COVID-19 crisis, movie house operator Cinemark Holdings (US:CNK) saw its equity shares pop up more than 3% on Monday.
- 06/06/2023
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Here Is Why Bargain Hunters Would Love Fast-paced Mover Cinemark (CNK)
- Cinemark (CNK) made it through our 'Fast-Paced Momentum at a Bargain' screen and could be a great choice for investors looking for stocks that have gained strong momentum recently but are still trading at reasonable prices.
- 06/05/2023
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Why Cinemark (CNK) Might be Well Poised for a Surge
- Cinemark (CNK) shares have started gaining and might continue moving higher in the near term, as indicated by solid earnings estimate revisions.
- 05/24/2023
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7 Short-Squeeze Stocks Set for a May Rally
- A practice designed for only the most daring traders, the best short-squeeze stocks to buy now could yield tremendous gains. To be sure, approaching this sector means staring at the possibility of severe losses in the face.
- 05/22/2023
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7 Short-Interest Stocks to Target for Explosive Gains
- Ranking among the most speculative practices in the equities arena, deliberately bidding up short-interest stocks may generate wildly robust gains. At the same time, higher risks for the intrepid market participant also signifies substantial risks.
- 05/18/2023
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Top 5 Consumer Discretionary Stocks Defying Market Volatility
- We have narrowed our search to five consumer discretionary stocks that have strong potential for the rest of 2023. These are: LVS, SKX, RCL, MAR and CNK.
- 05/18/2023
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3 Stocks to Buy After Impressive Earnings Beats
- Largely surpassing first-quarter earnings expectations is starting to reconfirm that these companies should have a strong fiscal 2023.
- 05/10/2023
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Cinemark to Participate in J.P. Morgan Global TMT Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Wednesday, May 24: J.P. Morgan Global TMT Investor Conference in Boston, MA Sean Gamble, President & CEO and Chanda Brashears, SVP Investor Relations 1:1 investor meetings Fireside chat at 10:40 am ET https://jpmorgan.metameetings.net/events/tmc23/sessions/46380-cinemark-holdings/webca.
- 05/10/2023
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Cinemark Holdings, Inc. (CNK) Q1 2023 Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q1 2023 Earnings Conference Call May 5, 2023 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President and CEO Melissa Thomas - Chief Financial Officer Conference Call Participants Eric Handler - ROTH MKM David Karnovsky - JPMorgan Omar Mejias - Wells Fargo Aaron Lee - Macquarie Jim Goss - Barrington Research Operator Greetings. And welcome to Cinemark Holdings First Quarter 2023 Earnings Call.
- 05/05/2023
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Cinemark Holdings (CNK) Reports Q1 Loss, Tops Revenue Estimates
- Cinemark Holdings (CNK) came out with a quarterly loss of $0.03 per share versus the Zacks Consensus Estimate of a loss of $0.30. This compares to loss of $0.62 per share a year ago.
- 05/05/2023
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Cinemark stock surges toward 9-month high after quarterly results beat expectations by wide margins
- Shares of Cinemark Holdings Inc. CNK charged up 3.7% toward a nine-month high in premarket trading Thursday, after the movie theater operator reported first-quarter results that beat expectations by wide margins, amid strong growth in theatrical releases. Net losses narrowed to $3.1 million, or 3 cents a share, from $74.0 million, or 62 cents a share, in the year ago period, to beat the FactSet loss consensus of 29 cents.
- 05/05/2023
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Will Cinemark Holdings (CNK) Report Negative Earnings Next Week? What You Should Know
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/28/2023
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Cinemark to Host First Quarter 2023 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its first quarter 2023 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, May 5, 2023 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.com/mediaframe/webcast.
- 04/20/2023
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IMAX and Megarama Expand Partnership for Three New Locations
- IMAX announces the enhancement of its partnership with Megarama for three new locations in France and Morocco.
- 04/19/2023
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Fast-paced Momentum Stock Cinemark (CNK) Is Still Trading at a Bargain
- If you are looking for stocks that have gained strong momentum recently but are still trading at reasonable prices, Cinemark (CNK) could be a great choice. It is one of the several stocks that passed through our 'Fast-Paced Momentum at a Bargain' screen.
- 04/18/2023
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Cinemark Trading Up 6% As Analysts Maintain Outperform Rating
- Analysts at Morgan Stanley maintained their Bullish rating on Cinemark Holdings, Inc. (NASDAQ: CNK) this week as the movie chain celebrated its highest single-day attendance record since December 2019. The stock has also consistently beaten the target estimate as the current share price is $16.21, surpassing its original $15.88 price target.
- 04/11/2023
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Cinemark stock leaps toward 8-month high as it scored the highest 1-day attendance in 3 1/2 years over the weekend
- Shares of Cinemark Holdings Inc. CNK, +5.10% jumped 4.5% toward an eight-month high in morning trading Monday, after the movie theater operator said that on April 8 it scored the highest single day of attendance since Christmas Day 2019. The company said “sensational” openings by Universal Pictures' “The Super Mario Bros.
- 04/10/2023
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7 Entertainment Stocks That Could Boom in a Downturn
- While the concept of entertainment stocks to buy during an economic downturn might seem odd if not outrageously risky, there's a method to the madness. Fundamentally, we humans can't go full-bore under a constant load of stress.
- 04/03/2023
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Cinemark discloses 27.4% stake in National CineMedia
- Cinemark Holdings Inc. CNK, +2.57% disclosed a 27.4% stake in National CineMedia Inc. NCMI, -7.88% in a regulatory filing on Monday. The movie theater operator disclosed that it owns 48.5 million shares in the cinema advertising platform.
- 04/03/2023
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Short Sellers Are Betting Serious Money 11 Stocks Will Crash Soon
- Short sellers are getting bold again. And they've picked their favorite stock market targets to crash.
- 03/27/2023
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Movie theater stocks pop after report says Apple plans to spend $1B a year on releases
- The investment is part of Apple's plan to raise its profile in Hollywood.
- 03/23/2023
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Meme-Stock AMC's Plan To Convert More Shares Headed For Court
- The company said in January that it would hold the special shareholders' meeting on March 14 with the aim of issuing more shares, as well as approving a reverse split of the company's stock. It would convert its preferred shares, AMC Preferred Equity (NYSE: APE) units into shares of common stock.
- 03/15/2023
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Bernard Horn's Firm Cuts Cinemark, Enters 4 Holdings
- Polaris Global Value Fund, the fund led by 2023 GuruFocus Value Conference Keynote Speaker Bernard Horn (Trades, Portfolio), disclosed in a regulatory portfolio update filing that its top trades during the fourth quarter of 2022 included the closure of its positions in Cinemark Holdings Inc. ( CNK , Financial) and Brother Industries Ltd. ( TSE:6448 , Financial) and a reduction to its holding in Marathon Petroleum Corp. ( MPC , Financial).
- 03/01/2023
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Cinemark Holdings, Inc. (CNK) Q4 2022 Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q4 2022 Earnings Conference Call February 24, 2023 8:30 AM ET Company Participants Chanda Brashears – SVP, IR Sean Gamble - President and CEO Melissa Thomas - CFO Conference Call Participants David Karnovsky - JPMorgan Ben Swinburne - Morgan Stanley Robert Fishman - SVB MoffettNathanson Eric Handler - ROTH MKM Eric Wold - B. Riley Securities Chad Beynon - Macquarie Jim Goss - Barrington Research Mike Hickey - The Benchmark Company Omar Mejias - Wells Fargo Operator Greetings and welcome to the Cinemark Holdings Fourth Quarter and Full Year 2022 Earnings Call.
- 02/24/2023
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Cinemark CEO Sees Amazon's ‘Air' Jumpstarting Streamers In Cinemas With 45-Day Window; Upbeat On 100+ Wide Releases For 2023
- Amazon's upcoming wide release of Ben Affleck and Matt Damon's Nike movie Air exclusively in theaters in April “could represent the start of a substantive move into theatrical exhibition by streaming companies,” said Sean Gamble, chief executive of nation's third-largest movie chain.
- 02/24/2023
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Cinemark Holdings (CNK) Reports Q4 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of -141.18% and 5.50%, respectively, for the quarter ended December 2022. Do the numbers hold clues to what lies ahead for the stock?
- 02/24/2023
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Cinemark Stock Dives on Weak Earnings. But There's Optimism for Its Post-Covid Recovery.
- Shares of the movie theater chain were down 6% in premarket trading, after having advanced more than 50% so far this year.
- 02/24/2023
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Cinemark stock drops after swinging to wider-than-expected loss, while revenue beat forecasts
- Shares of Cinemark Holdings Inc. CNK, +2.51% fell 3.7% in premarket trading Friday, after the movie theater operator reported fourth-quarter losses that were wider than expected, although revenue beat forecasts. The company swung to a net loss of $99.3 million, or 82 cents a share, from net income of $5.7 million, or 5 cents a share, in the year-ago period.
- 02/24/2023
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Cinemark stock rallies after Credit Suisse upgrade comes a day before quarterly results are revealed
- Shares of Cinemark Holdings Inc. CNK, +1.76% climbed 1.6% toward a 2 1/2-month high in afternoon trading Thursday, after the Texas-based movie theater chain was upgraded at Credit Suisse a day before it reports fourth-quarter results. Analyst Douglas Mitchelson raised his rating on the stock to neutral, to back away from his previous bearish stance, and boosted his price target by 33%, to $12 from $9.
- 02/23/2023
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Cinemark to Participate in Morgan Stanley Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 7: Morgan Stanley TMT Investor Conference in San Francisco, CA Sean Gamble, President & CEO, and Melissa Thomas, CFO Fireside chat at 8:35 am PT 1-on-1 investor meetings About Cinemark Holdings, Inc.
- 02/13/2023
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Cinemark to Host Fourth Quarter and Full Year 2022 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its fourth quarter and full year 2022 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, February 24, 2023 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast. Please access 5-10 minutes before the call: https://event.choruscall.
- 02/09/2023
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Cramer goes over two industries whose stocks have been hammered by the Covid pandemic
- Cramer gave his take on which industries have seen their stocks get hammered, with little sign of recovery, after the U.S. reopened its economy for the first time since the onset of the Covid pandemic.
- 01/18/2023
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Cinemark: Equity Has Downside, Give The Bond A Try
- The box office has rebounded meaningfully off the 2020 low but still a way to go toward full recovery. CNK's leverage isn't likely to come down substantially in 2023 unless the box office surprises meaningfully to the upside.
- 01/17/2023
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RICK vs. CNK: Which Stock Is the Better Value Option?
- RICK vs. CNK: Which Stock Is the Better Value Option?
- 01/09/2023
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7 Must-Buy Growth Stocks for Your January Buy List
- Although 2022 undeniably imposed a rough outing for most investors, the optimistic types can use the red ink to their advantage with growth stocks to buy for the new year. True, global recession fears dominate headlines (among other wild developments).
- 01/05/2023
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Why Cinemark, Liberty SiriusXM And Other Oversold Majors In The Communication Services Sector Look Promising - Cinemark Hldgs (NYSE:CNK), AST SpaceMobile (NASDAQ:ASTS)
- The most oversold stocks in the communication services sector presents an opportunity to buy into undervalued companies.
- 12/22/2022
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Movie theater stocks pop after report says Amazon plans to spend $1 billion on releases
- Cinemas stocks got a boost after a report surfaced that Amazon plans to spend $1 billion a year on theatrical film releases.
- 11/23/2022
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Is This the Week AMC Finally Bounces Back?
- A big movie and a potentially even bigger earnings report could breathe new life into AMC Entertainment stock.
- 11/07/2022
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Cinemark Holdings, Inc. (CNK) Q3 2022 Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q3 2022 Earnings Conference Call November 4, 2022 8:30 AM ET Company Participants Chanda Brashears – Senior Vice President-Investor Relations Sean Gamble – President and Chief Executive Officer Melissa Thomas – Chief Financial Officer Conference Call Participants Ben Swinburne – Morgan Stanley Eric Handler – MKM Partners Mike Ng – Goldman Sachs Jim Goss – Barrington Research David Karnovsky – JP Morgan Operator Greetings, and welcome to the Cinemark Holdings, Inc. Third Quarter 2022 Earnings Conference Call. At this time, all participants are on a listen-only mode.
- 11/04/2022
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Cinemark Holdings (CNK) Reports Q3 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 4.76% and 5.55%, respectively, for the quarter ended September 2022. Do the numbers hold clues to what lies ahead for the stock?
- 11/04/2022
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Cinemark to Host Third Quarter Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE:CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its third quarter 2022 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, November 4, 2022 8:30 a.m.
- 10/21/2022
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Why Cinemark Stock Tumbled by Almost 20% This Week
- The anticipated late-pandemic surge in movie theater attendance doesn't seem to be happening.
- 10/14/2022
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Can Struggling Cinemark Stock Stage A Turnaround?
- Movie theater name Cinemark (CNK) has seen its fair share of choppy trading this year.
- 09/21/2022
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4 Toxic Stocks That May Give You a Tough Time
- Accurately identifying toxic stocks and getting rid of them at the right time can protect your portfolio. It's time to cut ties with toxic stocks like DH, CNK, MLNK and SPR.
- 09/07/2022
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Cinemark to Participate in September Investor Conferences
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation in the following institutional investor conferences: Thursday, September 8: Benchmark 9th Annual Consumer/Media/Entertainment Conference in New York City, NY 1-on-1 investor meetings Melissa Thomas, CFO, Chanda Brashears, SVP Investor & Public Relations Tuesday, September 13: Goldman Sachs Communacopia + Technology Conference in San Fra
- 08/30/2022
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Distance Yourself From These 4 Toxic Stocks to Ward Off Losses
- It's time to cut ties with toxic stocks including CNK, LVS, TNDM and HCI to safeguard your portfolio.
- 08/23/2022
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Cinemark: On Track To Profitability And A Bargain Next To AMC
- CNK Q2 earnings benefited from an ongoing recovery in movie theater attendance. The company is generating positive cash flow and expects to reach recurring profitability by next year.
- 08/16/2022
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Cinemark Holdings, Inc. (CNK) CEO Sean Gamble on Q2 2022 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q2 2022 Earnings Conference Call August 5, 2022 8:30 AM ET Company Participants Chanda Brashears - Senior Vice President, Investor Relations Sean Gamble - President & Chief Executive Officer Melissa Thomas - Chief Financial Officer Conference Call Participants Eric Handler - MKM Partners Ben Swinburne - Morgan Stanley Robert Fishman - MoffettNathanson Jim Goss - Barrington Research Joe Cardoso - JPMorgan Eric Wold - B. Riley Operator Greetings.
- 08/05/2022
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Cinemark Stock Dips On Q2 Write-Down, Higher Costs; CEO Sees Next Two Months Challenged By Fewer Releases
- Cinemark, which saw box office momentum buoy second quarter financials, said August and September will be tougher as new release volume dips.
- 08/05/2022
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Cinemark Holdings (CNK) Q2 Earnings and Revenues Surpass Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 30.77% and 2.06%, respectively, for the quarter ended June 2022. Do the numbers hold clues to what lies ahead for the stock?
- 08/05/2022
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Cinemark stock drops after swinging to surprise loss, while revenue rises more than 150% to beat expectations
- Shares of Cinemark Holdings Inc. CNK, -0.15% dropped 1.8% in premarket trading Friday, after the movie theater operator swung to a surprise loss, while revenue more than doubled to beat expectations as attendance nearly tripled. The net loss was $73.4 million, or 61 cents a share, after net income of $142.4 million, or $1.19 a share, in the year-ago period.
- 08/05/2022
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Cinemark Holdings (CNK) Earnings Expected to Grow: Should You Buy?
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/29/2022
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Cinemark to Host Second Quarter Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its second quarter 2022 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, August 5, 2022 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast at https://ir.cinemark.com. Please access 5-10 minutes before the call. A replay of the call will b
- 07/22/2022
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These Consumer Stocks Will Thrive And Here's Why
- The outlook for consumer spending is getting darker by the day but the bad news is not universal. While some companies are poorly positioned in regards to inflation, interest rate hikes, and the combined impact on consumer spending there are others that are not.
- 07/20/2022
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Cinemark stock up nearly 11% after Morgan Stanley upgrade
- Yahoo Finance's Brian Cheung discusses Cinemark stock and why it's trending on Tuesday.
- 07/19/2022
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Stocks: Netflix to report earnings, Cinemark upgraded by Morgan Stanley
- Yahoo Finance Live anchors discuss earnings expectations for Netflix as well as how Cinemark stock is performing.
- 07/19/2022
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Movie Theater Stocks Have Come Alive This Summer
- Box office returns have cooled down, but it doesn't mean AMC, Cinemark, and Imax will follow suit.
- 07/19/2022
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Cinemark Stock Upgraded as Consumers Return to Theaters
- Cinemark Holdings Inc (NYSE:CNK) is up 7.4% at $17.87 at last glance, after Morgan Stanley upgraded the security to "overweight" from "equal-weight.
- 07/19/2022
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AMC, IMAX, Cinemark Stock Could Boost From Summer Movies
- Recent blockbusters could help these entertainment stocks rebound.
- 07/10/2022
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7 Entertainment Stocks to Buy This Summer
- With people desiring to get out of the house irrespective of the cost, these entertainment stocks to buy could pan out well. The post 7 Entertainment Stocks to Buy This Summer appeared first on InvestorPlace.
- 06/10/2022
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Cinemark to Participate in Credit Suisse 24th Annual Communications Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation in the following institutional investor conference: Tuesday, June 14: Credit Suisse 24th Annual Communications Conference (Virtual) Fireside Chat at 2:05 PM (EST) Melissa Thomas, CFO 1-on-1 investor meetings Melissa Thomas, CFO, Chanda Brashears, SVP Investor & Public Relations About Cinemark Holdings, Inc.: Headquartered in Plano, TX,
- 06/03/2022
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Cinemark Movie Club Loyalty Program Passes 1 Million Members
- The Cinemark Movie Club has surpassed 1 million active members with more than 3,000 members per theater across its U.S. circuit. The nation's third largest cinema chain, based in Plano, Texas, said Movie Club, launched in December of 2017, was the first North American exhibitor-developed paid monthly membership program and is the first to hit...
- 06/01/2022
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U.S. Cinemark's movie plan draws a million subscribers
- Cinemark Holdings Inc has signed up 1 million paying subscribers to its Movie Club monthly subscription plan, the company said on Wednesday, hailing a rebound in moviegoing after disruptions from the coronavirus pandemic.
- 06/01/2022
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Top Gun: Maverick Puts Movie Stocks AMC, PARA, IMAX, CNK in Spotlight
- Top Gun: Maverick is moving movie stocks on Monday following a successful Memorial Day Weekend opening that saw it break a record. The post Top Gun: Maverick Puts Movie Stocks AMC, PARA, IMAX, CNK in Spotlight appeared first on InvestorPlace.
- 05/31/2022
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Cinemark holds above support while AMC trades lower. Which stock to snap?
- Cinemark Holdings, Inc. (NYSE:CNK) and AMC Entertainment Holdings Inc. (NYSE:AMC) are two movie theaters. For an investor seeking exposure in the sector, fundamentals and trend momentum are key.
- 05/17/2022
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Final Trades: Chevron, Lumen Technologies, Cinemark Holdings & more
- The "Halftime Report" traders give their top picks to watch for the second half.
- 05/06/2022
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Cinemark Holdings, Inc. (CNK) CEO Sean Gamble on Q1 2022 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (NYSE:CNK ) Q1 2022 Earnings Conference Call May 6, 2022 8:30 AM ET Company Participants Chanda Brashears - SVP, IR Sean Gamble - President and CEO Melissa Thomas - CFO Conference Call Participants Michael Ng - Goldman Sachs Unidentified Analyst - J.P. Morgan Eric Handler - MKM Partners James Goss - Barrington Research Benjamin Swinburne - Morgan Stanley Michael Hickey - The Benchmark Company Eric Wold - B.
- 05/06/2022
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Movie Theater Rebound Is Real, But So Is Film Shortage, Cinemark CEO Sean Gamble Says After Circuit Posts Strong Q1 Results
- Cinemark CEO Sean Gamble says a relative shortfall of new films will likely be the biggest headwind his company faces this year. “Many switched into 2023” for Covid reasons, Gamble explained during the company's first quarter earnings call, and there is a larger reconsideration of the theatrical window as major studios get their sea legs...
- 05/06/2022
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Cinemark Holdings (CNK) Reports Q1 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of -1.64% and 3.96%, respectively, for the quarter ended March 2022. Do the numbers hold clues to what lies ahead for the stock?
- 05/06/2022
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Cinemark Stock Rises as Revenue Gets Boost From Higher Admissions
- Admission sales in the quarter total $235.8 million, above analysts' estimates of $231.7 million.
- 05/06/2022
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Will Cinemark Holdings (CNK) Report Negative Earnings Next Week? What You Should Know
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/29/2022
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Cinemark to Host First Quarter Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its first quarter 2022 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, May 6, 2022 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast or by phone. Please access 5-10 minutes before the call: Webcast: https://ir.cinemark.com Phone (Domest
- 04/22/2022
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RICK or CNK: Which Is the Better Value Stock Right Now?
- RICK vs. CNK: Which Stock Is the Better Value Option?
- 03/29/2022
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Cinemark: On The Fence, But Favorable Risk Reward For The Long Term
- Cinemark, unlike well-known meme stock AMC, is a movie theater chain with great potential to recover over the long term.
- 03/23/2022
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Forget AMC And GameStop: Could Shorts Get Smoked On Cinemark Stock?
- Last year, a number of epic short squeezes, most notably in AMC Entertainment Holdings, Inc (NYSE: AMC) and GameStop Corporation (NYSE: GME), thrust not only those stocks, but a number of retail traders into the spotlight, the latter of which would become known as ‘Apes.' The Parabolic.
- 03/12/2022
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Cinemark to Participate in Morgan Stanley Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conference: Tuesday, March 8: Morgan Stanley TMT Investor Conference in San Francisco, CA Sean Gamble, President & CEO, Melissa Thomas, CFO, & Chanda Brashears, SVP Investor Relations 1-on-1 investor meetings Fireside chat at 4:45 PT About Cinemark Holdings, Inc.: Headquartered in Plano, TX, C
- 03/03/2022
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Cinemark Holdings, Inc. (CNK) CEO Sean Gamble on Q4 2021 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (CNK) CEO Sean Gamble on Q4 2021 Results - Earnings Call Transcript
- 02/25/2022
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Cinemark Stock Brushes Off Surprise Profit, Earnings Beat
- The shares of Cinemark Holdings, Inc. (NYSE:CNK) are down 0.6% at $17.65 this morning, despite the movie theater company sharing a fourth-quarter profit of $0.05 per share, surprising analysts which expected a loss of 13 cents per share.
- 02/25/2022
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Cinemark Holdings (CNK) Beats Q4 Earnings and Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 135.71% and 11.60%, respectively, for the quarter ended December 2021. Do the numbers hold clues to what lies ahead for the stock?
- 02/25/2022
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Cinemark stock surges after surprisingly swinging to first profit in 2 years as revenue soars nearly 7-fold
- Shares of Cinemark Holdings Inc. CNK, +6.61% shot up 3.7% in premarket trading Friday, after the movie theater operator swung to a surprise fourth-quarter profit, the first profit in eight quarters, as revenue rose nearly seven-fold to beat expectations by a wide margin. The company reported net income of $5.7 million, or 5 cents a share, the first profit since the fourth quarter of pre-pandemic 2019, after a loss of $239.3 million, or $2.03 a share, in the same period a year ago.
- 02/25/2022
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Should You Buy Cinemark (CNK) Ahead of Earnings?
- Cinemark (CNK) is seeing favorable earnings estimate revision activity and has a positive Zacks Earnings ESP heading into earnings season.
- 02/24/2022
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IMAX's Q4 Report: 3 Lessons for AMC and Cinemark Investors
- The maker of immersive cinema technology and related content smashed Wall Street's expectations. AMC and Cinemark investors should pay close attention to a few details.
- 02/24/2022
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Will Cinemark Holdings (CNK) Report Negative Earnings Next Week? What You Should Know
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/18/2022
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Why AMC's Latest Venture Is Likely to Disappoint Investors
- Moves that help the company may not necessarily spark investor interest.
- 02/15/2022
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Cinemark to Host Fourth Quarter and Full Year 2021 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its fourth quarter and full year 2021 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, February 25, 2022 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast or by phone. Please access 5-10 minutes before the call: Webcast: https://ir.cinem
- 02/14/2022
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MoviePass Is Coming Back -- but Why?
- The movie-ticket subscription service shook up the industry in 2017 and 2018. Things are very different this time.
- 02/13/2022
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There's Simply No Good Reason to Buy AMC Stock
- The retail trading army has abandoned AMC stock and there's nothing for fundamental investors to latch on to. The post There's Simply No Good Reason to Buy AMC Stock appeared first on InvestorPlace.
- 02/04/2022
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Why Movie Theaters Could Be the Next Big Acquisition Target
- Overturning a 74-year old court ruling may cause a boom for cinema stocks.
- 01/29/2022
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7 Reddit Stocks That Could Be 2022's Next GameStop
- With meme trading dominating headlines last year, here are possible ideas for sharply rising Reddit stocks for 2022. The post 7 Reddit Stocks That Could Be 2022's Next GameStop appeared first on InvestorPlace.
- 01/18/2022
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2 New Buy Alerts With 6% Dividend Yield And High Upside
- 2 New Buy Alerts With 6% Dividend Yield And High Upside
- 01/13/2022
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Cinemark Is Willing To Consider Screening Amazon And Netflix Films — With A Caveat
- Cinemark Holdings, Inc. (NYSE: CNK) is signaling it would be willing to have Amazon.com, Inc.'s (NASDAQ: AMZN) and Netflix Inc.'s (NASDAQ: NFLX) feature films in its theaters despite the very short window the company has enacted between its cinematic and streaming premieres, although it expects something in return from the streaming companies. What Happened: Outgoing Cinemark CEO Mark Zoradi told Boxoffice Pro his chain was willing to readjust its requirements on the 90-day box office window expected of theatrical releases.
- 01/06/2022
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Buy The Dip: 2 More 'Top Picks' For 2022
- Buy The Dip: 2 More 'Top Picks' For 2022
- 12/23/2021
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Cinemark theater chain CEO reflects on the movie industry's chaotic year and how it can rebound as he ends his 6-year tenure
- Cinemark CEO Mark Zoradi gave his take on the future of the theatrical industry, shorter windows, and which movie will bring older moviegoers back.
- 12/16/2021
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Why AMC, Cinemark, and Live Nation Shares Are Glowing Green This Week
- Entertainment outside the home, like movies on the big screen and concerts, could be the big winner in 2022.
- 12/10/2021
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Omicron concerns cause theater stocks to plummet
- CNBC's Julia Boorstin joins 'TechCheck' to discuss theater stocks where some have some declines since news of the omicron variant made splashes to today's equity markets.
- 12/02/2021
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Movie Theaters Suffer Second-Worst Thanksgiving Weekend Since 1997
- The worst was last year's pandemic-crimped period when you couldn't pay most patrons to sit in a crowded theater.
- 11/30/2021
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Is Cinemark Holdings Stock A Good Investment?
- Cinemark Holdings stock which currently trades at $17 per share, is 50% below its level at the beginning of 2020. Cinemark Holdings, which is an American movie theater chain, saw its stock trading over $32 in February 2020 just before the outbreak of the pandemic and is still 47% below that level.
- 11/30/2021
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Cinemark (CNK) Stock: Why The Price Increased Today
- The stock price of Cinemark Holdings, Inc. (NYSE: CNK) increased by 1.37% today. This is why it happened.
- 11/29/2021
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Volatile Week Ends in Benchmarks Snapping Win Streak
- The week started off strong, with the major benchmarks extending their series of record closing highs into Monday, with help from the long-awaited passage of the $1 trillion infrastructure bill.
- 11/12/2021
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The Bad News Behind AMC's "Beat"? Attendance Is Still Half of Pre-COVID Levels
- The longer consumers go without setting foot in a movie theater, the more open they become to alternative forms of entertainment.
- 11/11/2021
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Cinemark to Participate in MKM Partners Virtual Best Ideas Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation in the following virtual institutional investor conference: Wednesday, November 17: MKM Partners Virtual Best Ideas Conference Fireside Chat at 9:50 AM (EST) with Mark Zoradi, CEO, Sean Gamble, President 1-on-1 investor meetings with Chanda Brashears, SVP Investor & Public Relations About Cinemark Holdings, Inc.: Headquartered in Plano,
- 11/10/2021
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Hot Stocks Right Now For Your November 2021 Watch List
- Could cyclical stocks be the best play now as investors watch economic data closely?
- 11/09/2021
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Movie Theater Stock Could Have a Leg up on Competition
- The shares of Cinemark Holdings, Inc. (NYSE:CNK) are up 2.4% at $22.16 this morning, following a bull note from Credit Suisse.
- 11/09/2021
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October was Cinemark's best month since March 2020
- Julia Boorstin joins 'The Exchange' with Cinemark CEO Mark Zoradi to discuss the company's recent earnings report and the return of the movie industry following the pandemic.
- 11/05/2021
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Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q3 2021 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q3 2021 Results - Earnings Call Transcript
- 11/05/2021
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Cinemark Holdings (CNK) Reports Q3 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 7.14% and 4.60%, respectively, for the quarter ended September 2021. Do the numbers hold clues to what lies ahead for the stock?
- 11/05/2021
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Will Cinemark Holdings (CNK) Report Negative Earnings Next Week? What You Should Know
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 10/29/2021
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Is Cinemark Holdings Stock Undervalued At $20?
- Cinemark Holdings stock (NYSE: CNK) which currently trades at a little over $20 per share, almost 40% below its level at the beginning of 2020, seems like a good investment option.
- 10/27/2021
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'Dune' caps off solid month for movie theaters with strong opening
- "Dune" — the science fiction epic from Warner Bros. — took in an estimated $40.1 million at the North American box office this weekend.
- 10/24/2021
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Cinemark to Host Third Quarter 2021 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its third quarter 2021 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, November 5, 2021 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast or by phone. Please access 5-10 minutes before the call: Webcast: https://ir.cinemark.com Phone (D
- 10/22/2021
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Cinemark Names Groupon Executive Melissa Hayes Thomas New CFO; Sean Gamble Remains COO
- Big theater chain Cinemark has named Melissa Hayes Thomas, chief financial officer of Groupon, its new CFO and executive VP effective Nov. 8. Current CFO Sean Gamble will step down from that role but continue as president and chief operating officer, the company said Wednesday. Thomas, age 41, has been at Groupon in several top...
- 10/13/2021
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Cinemark Appoints Melissa Thomas as Chief Financial Officer
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the world's largest and most influential movie theatre companies, announces Melissa Thomas has been appointed as the company's Executive Vice President and Chief Financial Officer and will join the team effective November 8th. Ms. Thomas will succeed Sean Gamble, who was promoted to President on July 28, 2021, and will be named Chief Executive Officer on January 1, 2022, upon the retirement of Mark Zoradi at the end of t
- 10/13/2021
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Wall Street Analysts See a 31% Upside in Cinemark (CNK): Can the Stock Really Move This High?
- The mean of analysts' price targets for Cinemark (CNK) points to a 31.3% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
- 10/13/2021
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Movie theaters struggle to keep up after long pandemic closures and competition with streaming
- Yahoo Finance's Dani Romero breaks down the challenges movie theaters are facing and outlook on the recovery for the industry. Don't Miss: Valley of Hype: The Culture That Built Elizabeth Holmes WATCH HERE: https://youtu.be/Sb179GLPNYE Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 10/11/2021
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Fathom Events Grosses More Than $3.2MM at the Box Office This Week
- DENVER, Oct. 8, 2021 /PRNewswire/ -- Fathom Events grossed more than $3.2 million dollars at the US box office this week marking its first multi-million sales week since COVID 19 shuttered theaters. God's Not Dead: We The People (Pinnacle Peak Pictures) grossed close to $1.2MM over a three-day window, Studio Ghibli Fest 2021: Spirited Away 20th Anniversary (GKIDS) grossed over $865,000, After We Fell (Voltage Pictures) grossed $842,000, Universal Monsters: Dracula & Frankenstein Double Feature (Universal Pictures) grossed $151,000, and The Evil Dead 40th Anniversary (Grindhouse Releasing) reported a box office of $199,000.
- 10/08/2021
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Could unlimited food at movie theaters bring audiences back?
- Movie theater owner and operator Jon Goldstein says offering unlimited food with each movie ticket has helped movie-goer frequency post-pandemic. #FOXBusiness Subscribe to Fox Business!
- 10/08/2021
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Brand New Cinemark Theatre Offers the Best Seat in Town for Waco Moviegoers
- PLANO, Texas--(BUSINESS WIRE)-- #JamesBond--Cinemark announces the grand opening of its Cinemark Waco and XD theatre in Waco, Texas.
- 10/08/2021
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Cinemark Introduces Movie Club Platinum, Offering Superstar Benefits to the Most Dedicated Movie Lovers
- PLANO, Texas--(BUSINESS WIRE)--Cinemark announces Movie Club Platinum elite rewards tier.
- 09/30/2021
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Cinemark to Participate in Goldman Sachs 30th Annual Communacopia Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following virtual institutional investor conference: Wednesday, September 22: Goldman Sachs 30th Annual Communacopia Virtual Investor Conference Mark Zoradi, CEO, Sean Gamble, President & CFO, and Chanda Brashears, SVP Investor & Public Relations Fireside Chat at 2:05 ET 1-on-1 investor meetings About Cinemark Holdings, Inc.:
- 09/22/2021
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Cinemark Welcomes Movie Lovers to Newest Jacksonville Theatre on Sept. 16
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark announces grand opening of Cinemark Jacksonville Atlantic North and XD on Thursday, Sept. 16.
- 09/16/2021
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3 Hot Reddit Stocks to Buy (and 3 to Yeet Immediately)
- Redditors have been thrilled when their picks have gone to the moon, but many of them land with a thud. Here's which ones you should buy.
- 09/15/2021
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Cinemark Holdings Inc Ranked Among Today's Top Shorts Amid Rising COVID-19 Concerns, Inflation Fears, And More
- The Dow Jones was flat, the S&P 500 ticked up 0.2%, and Nasdaq rose 0.3%. Make the most of this market with today's Top Shorts from Q.ai's deep learning algorithms.
- 09/15/2021
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Why Cinemark Blasted Almost 9% Higher Today
- There will be more theater-exclusive film releases in the coming months.
- 09/13/2021
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Cinemark Holdings Inc Identified Among Today's Top Shorts As Investors Navigate COVID-19 Concerns
- The Dow Jones dipped another 80 points or so. The S&P 500 was flat, and the Nasdaq fell slightly.
- 09/08/2021
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AMC, Cinemark Labor Day Weekend Attendance Surpasses Pre-Pandemic Numbers For First Time
- The surge of moviegoers was largely attributed to the release of ‘Shang-Chi,' which broke box office records.
- 09/07/2021
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Why AMC Is The 'Riskier' Investment In Movie Theaters: 'Fundamentals Are Nowhere Near Where Shares Are Trading'
- Macquarie Capital Managing Director and Senior Analyst Chad Beynon on Wednesday downgraded AMC Entertainment Holdings Inc. (NYSE:AMC) from Neutral to Underperform and maintained a $6 price target. The Logic Behind The Downgrade: In a new note, Beynon observed that U.S. theatrical box office performance has yet to recover its pre-pandemic levels.
- 09/01/2021
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Will Cinemark Holdings Stock Recover To Its Pre-Covid Level?
- Cinemark Holdings stock (NYSE: CNK) currently trades at $16 per share, more than 50% below its level at the beginning of 2020, and seems like a good investment opportunity. Cinemark Holdings, which is an American movie theater chain, saw its stock trading over $32 in February 2020 just before the.
- 08/26/2021
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Cinemark Holdings Inc Among Today's Top Shorts As Indices Trade Flat
- After closing lower last week, the S&P 500 and Nasdaq closed at record highs on Tuesday, before opening flat to higher on Wednesday morning. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/25/2021
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Get Rich With REIT Royalty
- Get Rich With REIT Royalty
- 08/25/2021
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Richard Snow's Top 5 Trades of the 2nd Quarter
- Richard Snow (Trades, Portfolio), founder of Snow Capital, disclosed this week that his firm's top five trades during the second quarter included new buys in Lumentum Holdings Inc. ( LITE , Financial) and Check Point Software Technologies Ltd. ( CHKP , Financial), position boosts in Cinemark Holdings Inc. ( CNK , Financial) and Hasbro Inc. ( HAS , Financial) and a reduction in NetApp Inc. ( NTAP , Financial).
- 08/24/2021
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5 Stocks to Keep an Eye on for Solid Earnings Acceleration
- Cinemark Holdings (CNK), Alpha Metallurgical Resources (AMR), Atlantica Yield (AY), Steven Madden (SHOO) & Centennial Resource Development (CDEV) flaunt superb earnings acceleration at present.
- 08/13/2021
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Cinemark As A Short Squeeze Candidate
- Cinemark shares have been left behind by AMC in the "meme" era despite a stronger balance sheet.
- 08/12/2021
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Cinemark stock rises amid mixed Q2 earnings
- 'We were very pleased with the results,' and encouraged by the film industry's post-pandemic recovery, outgoing Cinemark CEO Mark Zoradi tells Scott Wapner on Closing Bell. Incoming CEO Sean Gamble says the company hasn't seen a 'dramatic impact,' from the delta variant, but they are keeping safety guidelines in mind as they reopen theaters.
- 08/06/2021
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Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q2 2021 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q2 2021 Results - Earnings Call Transcript
- 08/06/2021
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Cinemark says recovery is ‘faster than expected' as moviegoing picks up
- After a brutal year of massive losses during the pandemic, movie-theater giant Cinemark said its recovery is underway as moviegoing is coming back.
- 08/06/2021
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Cinemark Stock Gains As Q2 Revenue Tops Consensus On Theatre Reopening
- Cinemark Holdings Inc (NYSE: CNK) reported second-quarter FY21 total revenues of $294.7 million, beating the analyst consensus of $262.75 million. It reported $9.0 million revenue last year, as theatres were closed for most of the period.
- 08/06/2021
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Cinemark Holdings (CNK) Reports Q2 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of -5.31% and 23.62%, respectively, for the quarter ended June 2021. Do the numbers hold clues to what lies ahead for the stock?
- 08/06/2021
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Cinemark Losses Narrow In Q2 As Post-Covid “Phenomenon” Takes Hold
- Cinemark posted narrower losses in the second quarter as CEO Mark Zoradi hailed the “phenomenon” of the movie business righting itself after the catastrophe of Covid-19. The company exceeded Wall Street analysts' revenue estimates in the quarter, which ended June 30, though losses were a bit wider than expected. Losses were $1.19 per share, compared...
- 08/06/2021
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Cinemark: Q2 Earnings Insights
- Shares of Cinemark Hldgs (NYSE:CNK) decreased 0.5% in pre-market trading after the company reported Q2 results. Quarterly Results Earnings per share were up 6.30% year over year to ($1.19), which missed the estimate of ($1.07).
- 08/06/2021
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Cinemark narrows loss in Q2 as revenue tops estimates
- Cinemark Holdings Inc. posted a net loss of $142.5 million, or $1.19 per share, for the second quarter, narrower than the loss of $170.4 million, or $1.45 a share, posted in the year-earlier period. revenue came to $294.7 million, up from just $9.0 million a year ago when theaters were closed for the pandemic.
- 08/06/2021
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Cinemark Holdings, Inc. Reports Results for the Second Quarter Of 2021
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and six months ended June 30, 2021. As of June 30, 2021, the Company had reopened all 323 of its domestic theatres and 152 of its 198 international theatres, showing primarily new releases during reduced operating hours. Cinemark Holdings, Inc.'s total revenues for the three months ended June 30, 2021 were $294.7 million compared to
- 08/06/2021
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Earnings Previews: Canopy Growth, Cinemark, DraftKings, Norwegian Cruise Line
- Earnings reports released Wednesday morning were again overwhelmingly positive, with the vast majority of companies reporting profits that beat consensus estimates.
- 08/04/2021
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AI Identifies Amyris Inc Among Today's Top Shorts
- The Dow Jones fell about 163 points, the S&P 500 dipped 0.4%, and the Nasdaq inched up just a bit. Find opportunities in today's market with the best short plays from Q.ai's deep learning algorithms.
- 08/04/2021
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Cinemark Holdings Inc Ranked Among Today's Top Shorts
- The Dow Jones gained 94 points, or 0.4%, the S&P 500 added 0.2%, and the Nasdaq rose 0.1%. Find opportunities with today's best short plays from Q.ai's deep learning algorithms.
- 08/03/2021
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Cinemark Holdings (CNK) May Report Negative Earnings: Know the Trend Ahead of Next Week's Release
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/30/2021
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Cinemark Plunge Offers An Opportunity
- Cinemark is down more than 30% since the start of July. Pressure comes from sector effects, streaming, and fears of new pandemic restrictions.
- 07/29/2021
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AT&T's WarnerMedia Just Threw Theater Chains Like AMC and Cinemark Under the Bus
- The movie studio's chief just confirmed that 10 of next year's films will be offered on HBO Max at the same time they're in theaters.
- 07/27/2021
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Cinemark to Host Second Quarter 2021 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its second quarter 2021 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, August 6, 2021 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast or by phone. Please access 5-10 minutes before the call: Webcast: https://ir.cinemark.com Phone (Do
- 07/26/2021
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AMC Strikes Deal That Will See It Reopen Two Of Top-Grossing Movie Theaters In Los Angeles
- Movie theatre chain AMC Entertainment Holdings Inc. (NYSE: AMC) said it has struck deals to reopen two of the highest-grossing movie theaters in the Los Angeles area. What Happened: AMC Entertainment said it has reached long-term agreement terms with Caruso, a privately-held real estate company, to take over the leases of the 14-screen cinema at the Grove Theatre in Los Angeles and the 18-screen Americana at Brand Theatre located in Glendale.
- 07/20/2021
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Fears of a Covid Resurgence Weigh on Equity Prices
- With 40% of Americans still unvaccinated, an outbreak of delta-variant infections threatens the economic recovery.
- 07/19/2021
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Why AMC Stock Is Plunging (Again) This Week, and Cineworld and Cinemark Are Following Suit
- The meme stock movement is all but finished, pulling the rug out from underneath all the names swept up in the mania.
- 07/16/2021
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What's Ailing Cinemark Holdings Stock?
- Cinemark Holdings stock, which currently trades at a little below $22 per share, is still not recovered fully to its pre-Covid level. Cinemark Holdings, which is an American movie theater chain, saw its stock trading over $32 in February 2020 just before the outbreak of the pandemic.
- 07/07/2021
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7 Best Cheap Stocks to Buy for July 2021
- The month of July historically provides strong returns so it may be ideal to plan out your next cheap stocks to buy. The post 7 Best Cheap Stocks to Buy for July 2021 appeared first on InvestorPlace.
- 07/01/2021
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Cinemark's Short Interest Closely Matches AMC's: Shouldn't Cinemark Be a Meme Stock Too?
- One minor difference brought major returns to AMC.
- 06/29/2021
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7 Fun Stocks to Buy to Introduce Your Kids to the Stock Market
- With the market encountering a bit of a lull, now is a great time to talk to your kids about the importance of stocks to buy. The post 7 Fun Stocks to Buy to Introduce Your Kids to the Stock Market appeared first on InvestorPlace.
- 06/21/2021
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Market Extra: AMC, big movie chains are more than meme stocks to property bond investors
- Property bond investors with exposure to movie chains are less than thrilled about the sector's prospects, even as vaccinations in the U.S. ramp up and blazing temperatures boost the appeal of sitting in a cool, dark theater.
- 06/18/2021
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Cinemark Holdings Inc Ranked Among Today's Top Shorts
- The Dow Jones dropped 400 points, the S&P 500 fell 0.8%, and the Nasdaq dipped 0.5%. Find opportunities with today's best short plays from Q.ai's deep learning algorithms.
- 06/18/2021
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Cinemark Holdings Inc Identified Among Today's Top Shorts
- As the Dow Jones rose 30 points, the S&P 500 rose 0.1%, and the Nasdaq was roughly flat, materials stocks and growth stocks lagged. Find opportunities in this market with today's best short plays from Q.ai's artificial intelligence.
- 06/17/2021
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Sure, the Movie Industry Is Rebounding, But It Was Already Retreating Well Before COVID-19
- Theaters have been fighting an uphill battle since 2002. The pandemic-prompted move toward streaming video only adds to the challenge.
- 06/11/2021
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7 Types of Stocks to Buy for Bear Market Protection
- If you analyze the data, you'll recognize signs of a coming bear market. Here are the types of stocks that might mitigate the damage.
- 06/10/2021
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7 Movie Stocks Ready for the #AMCArmy's Finale
- What has driven the #AMCArmy of retail investors to drive the share price of AMC sky high has been the fact that the world's largest movie theatre chain was pushed to the edge of bankruptcy by the Covid-19 pandemic. But AMC's problems are not unique.
- 06/10/2021
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Cinemark to offering 'drop-in' gaming at its theaters this summer
- Shares of Cinemark Holdings Inc. jumped as much as 5.1% in midday trading Tuesday, before paring most of the gains, after the movie theater operator said its customers will be able to join "drop-in games" at certain theaters this summer. The company also announced a new partnership with Mission Control to to expand its online esports offering.
- 06/08/2021
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Cinemark Expands Gaming Offering, Innovating Entertainment Experience with In-Theatre Games and Online Esports Leagues
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc., one of the world's largest and most influential movie theatre companies, today announced it is further innovating its entertainment experience by expanding its in-theatre and online esports offering. This summer, Cinemark customers will have the ability to join drop-in games in select theatres, and a new partnership with Mission Control will offer online esports leagues. For all details how to participate, visit Cinemark.com/gamebig. “At C
- 06/08/2021
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India's movie theaters will bounce back if Covid vaccinations are expedited, multiplex operator says
- Despite surging Covid-19 cases in India, Ajay Bijli of PVR is confident that the multiplex industry will recover as moviegoing is a big part of the country's culture.
- 06/03/2021
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AMC, Cinemark, Marcus, Imax: How Do The Cash Balances Of Top Movie Theater Chains Compare?
- The big news in the movie theater market continues to be the rise in the valuation of AMC Entertainment Holdings (NYSE: AMC). The company is seeing its share price rise due to increased interest from retail traders — and AMC is also raising money to short up its balance sheet.
- 06/03/2021
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Goldman Sachs Analyst Downgrades IMAX And Cinemark: What You Need To Know
- Goldman Sachs Vice President of Global Investment Research Michael Ng downgraded two major film exhibitors, Imax Corp (NYSE: IMAX) and Cinemark Holdings, Inc. (NYSE: CNK), in a newly published analysis. The State of Film Exhibition: Ng stated Goldman Sachs' 2022 U.S. box office forecast represents 73% of the pre-pandemic 2019 levels, adding that theater attendance had already been declining before the pandemic took root, dropping “at a 1.4% CAGR from the 2002 attendance peak to 2019.
- 06/02/2021
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IMAX, Cinemark Miss Out on AMC's Meme Trade Gains
- Investors aren't embracing all theater chains equally, despite signs of a box office recovery this year.
- 06/02/2021
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PreMarket Prep Goes To The Movies: A Technical Analysis Of Cinemark, Imax
- Benzinga's PreMarket Prep airs every morning from 8-9 a.m. ET. During that fast-paced, highly informative hour, traders and investors tune in to get the major news of the day, the catalysts behind those moves and the corresponding price action for the upcoming session.
- 06/02/2021
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IMAX, Cinemark Miss Out on AMC's Meme Trade Gains
- Investors aren't embracing all theater chains equally, despite signs of a box office recovery this year.
- 06/02/2021
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What Did the Stock Market Do Today? 3 Big Stories to Catch Up On.
- So what did the stock market do today? All eyes were on meme stocks like AMC and talk of an ongoing pot shortage.
- 06/01/2021
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Cinemark USA, Inc. Announces Pricing of $765 Million Senior Notes
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), priced a private offering (the “Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $765 million aggregate principal amount of its 5.25% Senior Notes due 2028 (the “Notes”) at the initial offering price of 100.000% of the principal amount plus a
- 06/01/2021
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Movie Theater Stocks: Why IMAX, CNK, AMC Stocks Are on the Big Screen Today
- Movie theater stocks see some upward momentum thanks to the long weekend and loosening coronavirus restrictions. The post Movie Theater Stocks: Why IMAX, CNK, AMC Stocks Are on the Big Screen Today appeared first on InvestorPlace.
- 06/01/2021
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AMC: Time To Sell On Strength
- AMC: Time To Sell On Strength
- 06/01/2021
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CNK Climbs as Movie Theater Ticket Sales Surge
- The shares of Cinemark Holdings Inc (NYSE:CNK) are up 4.1% to trade at $23.58 at last check, after Cinemark USA announced the launch of a $765 million senior notes offering.
- 06/01/2021
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Movie theaters made a comeback over Memorial Day weekend, raking in nearly $100 million
- Over the four-day Memorial Day weekend, domestic cinemas tallied nearly $100 million in ticket sales, the best performance since the start of the pandemic.
- 06/01/2021
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Movie theaters will come out winning post-COVID: Analyst
- Paul Dergarabedian, Comscore Senior Media Analyst joins Yahoo Finance's Alexandra Canal to discuss box office sales expectations for the summer of 2021. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 05/30/2021
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AMC Entertainment, Regal Cinemas, Cinemark Remove Mask Mandate For Fully Vaccinated Americans
- Changes are coming at U.S. movie theaters two weeks after the Centers for Disease Control relaxed mask-wearing rules for those who are fully vaccinated against COVID-19. What Happened: AMC Entertainment Holdings Inc (NYSE: AMC), Cinemark and Regal Cinemas said Friday that masks are no longer required for fully vaccinated guests against COVID-19.
- 05/29/2021
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The Met announces the North American premiere of Yannick: An Artist's Journey
- NEW YORK, May 28, 2021 /PRNewswire/ -- The Metropolitan Opera announced today the premiere of Yannick: An Artist's Journey, a new documentary by award-winning filmmaker Susan Froemke , about the inspiring path of Yannick Nézet-Séguin to becoming the Met's Jeanette Lerman-Neubauer Music Director. The documentary will screen in over 600 select U.S. cinemas via Fathom Events on Wednesday, July 7.
- 05/28/2021
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Movie theaters will come out 'a winner' post-COVID: Analyst
- Paul Dergarabedian, Comscore Senior Media Analyst joins Yahoo Finance's Alexandra Canal and the Yahoo Finance Live panel to discuss what to expect with the Summer 2021 box office. Watch the 2021 Berkshire Hathaway Annual Shareholders Meeting on YouTube: https://youtu.be/gx-OzwHpM9k
- 05/28/2021
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How Limited Operations Are Affecting Cinemark Holdings Stock Potential Upside
- Cinemark Holdings stock currently trades at $22 per share and is still 36% below its level at the beginning of 2020. Cinemark Holdings, which is an American movie theater chain, saw its stock trading at $32 in February 2020 just before the outbreak of the pandemic and is still almost 32% below.
- 05/25/2021
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Cinemark Summer Movie Clubhouse Celebrates Families with Films and Fun in Theatres
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark announces Summer Movie Clubhouse
- 05/20/2021
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Cinemark inks deal with Hollywood studios as movie theaters eye recovery
- Cinemark, the third-largest movie theater chain in the US, said it has inked new deals with major Hollywood studios that will ensure that movies play in its theaters for a certain timeframe before moving to home video streaming. During the pandemic, studios have opted to release some of their new films simultaneously in theaters and.
- 05/07/2021
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Cinemark Holdings' (CNK) CEO Mark Zoradi on Q1 2021 Results - Earnings Call Transcript
- Cinemark Holdings' (CNK) CEO Mark Zoradi on Q1 2021 Results - Earnings Call Transcript
- 05/07/2021
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Cinemark Has Theatrical Deals In Place With All Five Major Studios; Some Go Months, Some Years, No Real Change In Splits – CEO
- Big movie chain Cinemark announced Friday it's now reached agreements to theatrically showcase films from all five major studio partners across its U.S. theaters, although it didn't provide terms or any other details. On a conference call with investors to discuss the just released first quarter financials CEO Mark Zoradi called each of the five deals...
- 05/07/2021
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Cinemark Holdings (CNK) Reports Q1 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of -14.38% and 40.29%, respectively, for the quarter ended March 2021. Do the numbers hold clues to what lies ahead for the stock?
- 05/07/2021
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Cinemark's Q1 Sales Fall 80% To $114 Million But CEO Mark Zoradi Says Theater Chain, Industry “On Road To Recovery”
- Cinemark, the nation's third largest movie chain, said revenues for the first quarter ended in March fell to $114 million from $543 million the year before. Admissions revenues stood at $56 million and concession revenues $39 million. Attendance was 7.7 million, average ticket price was $7.25 and concession revenue per patron was $5.10. Shares were...
- 05/07/2021
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Cinemark stock gains after loss widens more than expected but revenue beats forecasts
- Shares of Cinemark Holdings Inc. climbed 0.8% in premarket trading Friday, after the movie theater operator reported a wider-than-expected first-quarter loss but revenue that fell less than expected, as admissions and concessions revenue both topped forecasts. The net loss widened to $208.2 million, or $1.75 a share, from $59.6 million, or 51 cents a share in the year-ago period.
- 05/07/2021
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Cinemark Holdings, Inc. Reports Results for the First Quarter of 2021
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three months ended March 31, 2021. The Company's financial results continue to be impacted by the COVID-19 pandemic, as the Company continues to reopen its theatres based on local mandates. As of March 31, 2021, the Company had 301 domestic and 78 international theatres open, showing a limited volume of new releases along with library cont
- 05/07/2021
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Cinemark To Show Army of the Dead in Theatres Across the U.S. Prior to Release on Netflix
- PLANO, Texas--(BUSINESS WIRE)--Army of the Dead announcement
- 05/04/2021
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Cinemark to Participate in May Virtual Investor Conferences
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following virtual institutional investor conferences: Thursday, May 13: MoffettNathanson Media & Communications Summit Mark Zoradi, CEO; Sean Gamble, CFO/COO; Chanda Brashears, SVP Investor Relations Fireside Chat at 2:00 ET 1-on-1 investor meetings Tuesday, May 25: J.P. Morgan Mark Zoradi, CEO, & Chanda Brashears, SVP Invest
- 05/03/2021
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Can Original Animated Films Still Thrive In Movie Theaters?
- The good news is that Mitchell vs. the Machines is pretty damn good.
- 04/30/2021
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Earnings Preview: Cinemark Holdings (CNK) Q1 Earnings Expected to Decline
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 04/30/2021
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How Warner Bros.' Hybrid Releases Are Helping, Rather Than Hurting, Movie Theaters
- Warner Bros. releases have made up 53% of the total box office grosses thus far for 2021.
- 04/26/2021
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Federal government reopens grant applications for movie theaters, entertainment venues after failed launch
- Applications for the Shuttered Venue Operators Grant will resume Saturday at 12:30 p.m. E.T.
- 04/23/2021
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Cinemark to Host First Quarter 2021 Earnings Conference Call
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (“Cinemark”) (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its first quarter 2021 operating results pre-market and host a webcast and conference call to discuss the results on: Friday, May 7, 2021 8:30 a.m. Eastern Time Interested parties can listen to the call via live webcast or by phone. Please access 5-10 minutes before the call: Live Webcast: https://investors.cinemark.com P
- 04/23/2021
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Theater Business Crisis: Should You Stay Away From Cinemark Holdings Stock?
- Cinemark Holdings stock currently trades a little over $21 per share and is still down 37% from the beginning of 2020, but still, we do not believe it is a lucrative investment opportunity at the moment. Cinemark Holdings is an American movie theater chain.
- 04/06/2021
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Movie theater stocks are roaring thanks to 'Godzilla vs. Kong'
- HBO Max subscribers had the option to stream "Godzilla vs. Kong" in the comfort of their homes during Easter and Passover weekend, but plenty of moviegoers opted to see it in theaters. That's great news for the publicly traded owners of big multiplexes.
- 04/05/2021
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'Godzilla vs. Kong' brings $285 million in global sales, nearly half from China
- The box office has made a comeback with the release of 'Godzilla vs. Kong.' CNBC's Julia Boorstin reports what it means for theaters and entertainment companies.
- 04/05/2021
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Cinemark Rolls Out the Red Carpet with Oscar® Movie Week In-Theatre Festival
- PLANO, Texas--(BUSINESS WIRE)-- #AcademyAwards--Announcement of Oscar Movie Week
- 03/26/2021
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Cineworld CEO on reopening Regal Cinema movie theaters
- CNBC's "Squawk on the Street" team discusses movie theater reopening and returning to profitability with Cineworld CEO Mooky Greidinger.
- 03/25/2021
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7 Retail Stocks That Are in Danger of Becoming the Next Sears
- Although retail stocks are experiencing a rebound off the recovery narrative, some face longer-term relevancy challenges. The post 7 Retail Stocks That Are in Danger of Becoming the Next Sears appeared first on InvestorPlace.
- 03/25/2021
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Cinemark Announces Grand Opening of Cinemark Totem Lake and XD on March 19
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Kirkland Grand Opening Announcement
- 03/19/2021
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Cinemark USA, Inc. Announces the Consummation of the Cash Tender Offer for Any and All of Cinemark USA, Inc.'s 5.125% Senior Notes due 2022
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) (the “Company”) announced today that the previously announced cash tender offer by its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), to purchase any and all of Cinemark USA's 5.125% Senior Notes due 2022 (the “Notes”) expired at 5:00 p.m., New York City time, on March 11, 2021 (the “Expiration Time”). Following the Expiration Time and the notice of guaranteed delivery date, $333,990,000 aggregate principal amount
- 03/16/2021
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Cinemark Holdings Stock Nearly Doubled In A Year – What Lies Ahead?
- Cinemark Holdings stock currently trades at $24 per share and is still down 29% from the beginning of 2020. Cinemark Holdings is an American movie theater chain.
- 03/16/2021
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AMC, Cinemark Stocks Surge Amid California Reopening Plans
- Shares of movie theater chains AMC Entertainment Holdings Inc (NYSE: AMC) and Cinemark Holdings, Inc. (NYSE: CNK) were notably higher Monday after confirming plans to reopen locations in California. What Happened: Cinemark said over the weekend it already opened more than 10 theaters as of March 13 and expect to reopen another 10 locations in Los Angeles by Monday.
- 03/15/2021
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Cinemark to Reopen Los Angeles Area Movie Theatres, Bringing Back the Immersive, Cinematic Experience Beginning on March 13
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark announces LA Reopening
- 03/12/2021
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Cinemark USA, Inc. Announces the Expiration of the Cash Tender Offer for Any and All of Cinemark USA, Inc.'s 5.125% Senior Notes due 2022
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) (the “Company”) announced today that the previously announced cash tender offer by its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), to purchase any and all of Cinemark USA's 5.125% Senior Notes due 2022 (the “Notes”) expired at 5:00 p.m., New York City time, on March 11, 2021 (the “Expiration Time”). As of the Expiration Time, $326,916,000 aggregate principal amount of the Notes (81.73%) were validly tendered, wh
- 03/12/2021
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LA movie theaters could reopen as soon as this weekend, according to California Gov. Gavin Newsom (AMC)
- Los Angeles isn't just where movies are made, it's also the largest movie-going market in America. And during the last 12 months, LA movie theaters have been closed due to the ongoing pandemic. That could finally end this weekend, according to California Gov. Gavin Newsom.
- 03/11/2021
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Cinemark Strikes Back at Disney, Refuses to Show 'Raya and the Last Dragon'
- The animated feature film was Disney's first release in a year, but it also was shown on Disney+.
- 03/08/2021
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AMC CEO Adam Aron on NYC movie theaters reopening
- Movie theaters in New York City will be reopening today after being closed for nearly a year due to the pandemic. AMC CEO Adam Aron says he is looking forward to launching movies in its theaters as there is pent-up demand for good quality movies.
- 03/05/2021
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NYC Arthouse Movie Theaters Awaken After Year Of Hibernation – But One Holds The Popcorn
- Popcorn and all other concessions will not be sold at the IFC Center, at least for now. But films, actual films, will be projected on all five of its screens for the first time in nearly a year. “The room will be black — you won't be on your phone!” Kajillionaire director Miranda July marveled...
- 03/05/2021
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New York City Movie Theaters Reopen With Restrictions
- Shawn Robbins, Chief Analyst at BoxOffice.com, joined Wake Up With Cheddar to break down the implications of NYC theaters reopening today, and whether the 25% capacity opening will have a big impact on the industry as a whole. Subscribe to Cheddar Now on YouTube: https://chdr.tv/NowYT
- 03/05/2021
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Movie theaters in New York City can reopen at 25% capacity
- Joseph Masher, COO of Bow Tie Cinemas and President of the National Association of Theater Owners of New York, joins Worldwide Exchange to discuss the reopening of theaters in New York City and how the industry can bounce back.
- 03/05/2021
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Cinemark USA, Inc. Announces Pricing of $405 Million Senior Notes
- PLANO, Texas--(BUSINESS WIRE)--Cinemark USA, Inc. Announces Pricing of $405 Million Senior Notes
- 03/04/2021
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Cinemark launches private offering of $405 million of five-year bonds
- Cinemark Holdings Inc. sid Thursday it has launched a private offering of $405 million of five-year bonds. Proceeds will be used along with cash in hand to fund a tender offer for any and all of Cinemark USA's 5.125% senior notes, to redeem bonds that remain outstanding after the tender offer and to pay related fees.
- 03/04/2021
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Cinemark USA, Inc. Announces Commencement of Cash Tender Offer for Any and All of Cinemark USA, Inc.'s 5.125% Senior Notes due 2022
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) (the “Company”) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), has commenced a cash tender offer to purchase any and all of Cinemark USA's 5.125% Senior Notes due 2022 (the “notes”). As of March 4, 2021, Cinemark USA had $400,000,000 aggregate principal amount of notes outstanding. The tender offer is being made pursuant to an offer to purchase and a related letter of transmittal, each date
- 03/04/2021
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Cinemark USA, Inc. Announces Launch of $405 Million Senior Notes
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE:CNK) announced today that its wholly-owned subsidiary, Cinemark USA, Inc. (“Cinemark USA”), plans to commence a private offering (the “Offering”) that is exempt from the registration requirements of the Securities Act of 1933, as amended (the “Securities Act”), to eligible purchasers of $405 million aggregate principal amount of senior notes due 2026 (the “Notes”). The Notes will be guaranteed by certain of Cinemark USA's subsidiaries
- 03/04/2021
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Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q4 2020 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q4 2020 Results - Earnings Call Transcript
- 02/26/2021
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Cinemark's Earnings Could Mark a Turning Point for Theater Chains
- The movie theater operator reported mixed fourth-quarter results on Friday that sent shares nearly 2% higher.
- 02/26/2021
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Cinemark ‘highly confident' in box office rebound despite Q4 loss
- Cinema giant Cinemark said Friday it sees the light at the end of the tunnel even as it swung to a quarterly loss as the coronavirus pandemic crushed movie attendance. In the fourth quarter ended Dec. 31, Cinemark posted a loss of $239 million, or $2.03 a diluted share compared with a year-ago profit of.
- 02/26/2021
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Cinemark posts wider-than-expected Q4 loss but revenue beats estimates
- Cinemark Holdings Inc. posted a wider-than-expected loss for the fourth quarter, as many of its theaters operated at limited capacity during the coronavirus pandemic, but revenue beat consensus estimates. The Plano, Texas-based cinema chain posted a loss of $239.3 million, or $2.03 a share, in the quarter, after earnings of $26.3 million, or 22 cents a share, in the year-earlier period.
- 02/26/2021
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Cinemark Holdings, Inc. Reports Results for the Fourth Quarter of 2020
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and twelve months ended December 31, 2020. The Company's financial results continue to be significantly impacted by the COVID-19 pandemic, as the Company's theatres were closed for an extended period of time beginning in March 2020. The Company began reopening domestic theatres in June 2020 and international theatres in August 2020,
- 02/26/2021
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Cinemark to Participate in March Virtual Investor Conferences
- PLANO, Texas--(BUSINESS WIRE)--Cinemark announces upcoming conference participation
- 02/25/2021
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Option Bears Target Cinemark Stock Ahead of Earnings
- Though AMC Entertainment (AMC) has garnered quite a bit more attention lately due to speculative trading, sector peer Cinemark Holdings Inc (NYSE:CNK) is not to be forgotten as it prepares for earnings ahead of the open tomorrow, Feb. 26.
- 02/25/2021
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Earnings Outlook For Cinemark Hldgs
- On Friday, February 26, Cinemark Hldgs (NYSE:CNK) will release its latest earnings report. Check out Benzinga's preview to understand the implications.
- 02/25/2021
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Earnings Previews: Airbnb, Fisker, Nikola, Salesforce, Cinemark, Cronos and DraftKings
- The Nasdaq Composite index traded down Wednesday morning, hurt most by Apple, which traded down about 1.6%, with Constellation Pharmaceuticals the biggest loser with a 16.8% pullback.
- 02/24/2021
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AMC extends 2-day rally to 36% with NYC movie theaters set for partial reopening in March
- Shares of AMC Entertainment extend their two-day rally to 36% after New York Governor Andrew Cuomo announced Monday that New York City movie theaters are set for partial reopening on March 5. Cuomo said theaters are only allowed to operate at 25% capacity, or up to 50 people, per show. The governor also noted that assigned seating, social distancing, and other health precautions would be in place.
- 02/23/2021
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Movie theaters in New York City can open in March at 25% capacity
- After nearly a year of closures, New York City cinemas will be permitted to open on March 5, Gov. Andrew Cuomo said Monday.
- 02/22/2021
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Asian Event-Driven Weekly: Movie Theaters Are Not Going Extinct
- China's 2021 Chinese New Year box office increased by +34% as compared to 2019, and IMAX China was a key beneficiary as evidenced by a +31% share price surge.
- 02/18/2021
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Analysts Estimate Cinemark Holdings (CNK) to Report a Decline in Earnings: What to Look Out for
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 02/12/2021
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India Allows Movie Theaters' To Function With 100% Capacity, Stakeholders Express Happiness
- Indian theaters will now function in full capacity, starting February 1. Covid-specific guidelines continue to be in effect.
- 01/31/2021
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Why Cinemark Holdings Stock Jumped as Much as 20% Today
- Shares of the movie theater operator jumped following news out of a competitor. They aren't in the same position.
- 01/25/2021
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Can an Executive in Kansas Save Movie Theaters?
- For Adam Aron, who runs AMC Entertainment, the world's largest movie theater chain, the past year has been filled with twists and turns. And no one knows the ending.
- 01/22/2021
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Cinemark Gets Big Vote Of Confidence From Veteran Analyst, Who Sees “Return To Normalcy” For Movie Theaters
- Veteran exhibition analyst Eric Wold of B. Riley has given Cinemark stock a big shot in the arm, so to speak, upgrading it to “buy” from “neutral” and doubling his price target. In a note to clients, Wold said he held a “fireside chat” with the management of the major theater circuit earlier this week....
- 01/15/2021
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Cinemark to Celebrate Everyone's Favorite Cinematic Snack with Popcorn Fest from Jan. 18 through Jan. 24
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark Popcorn Fest announcement
- 01/12/2021
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Here's Why The Future Of Movie Theaters May Be Brighter Than It Looks
- The cost of acquiring a chain of movie theaters has never been lower, and the cost of losing them has never been higher. But is anyone ready to step in?
- 01/08/2021
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Movie theater owners are frustrated about streaming, but their survival depends on studios
- The symbiotic relationship between studios and movie theaters remains intact despite coronavirus-related disruptions to the film industry.
- 01/02/2021
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Stop Finding Reasons To Sit On The Sidelines
- Making big money decisions can be scary and stressful. Time in the market is more important than timing the market.
- 01/02/2021
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Will movie theaters survive post-pandemic?
- Paul Dergarabedian, Comscore Senior Media Analyst, joins Yahoo Finance's Zack Guzman to review the top movies of 2020, and discuss what's to come from the movie industry in 2021. Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 12/31/2020
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What a box office recovery could look like
- Paul Dergarabedian, Senior Media Analyst at Comscore, joins Worldwide Exchange with his thoughts on the box office's recovery in 2021, after a year that saw revenue down 80%.
- 12/31/2020
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Buy Leisure And Tourism Stocks Into 2021
- 2020 was a horrendous year for tourism and leisure. How the aviation sector reacted to similar events in the past.
- 12/31/2020
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Flix Brewhouse CEO Allan Reagan on how movie theaters recover from Covid-19
- Allan Reagan, Flix Brewhouse CEO, joins 'Squawk on the Street' to discuss how the business is doing during the pandemic and what additional relief would mean for the movie theater company.
- 12/30/2020
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4 Entertainment Stocks That Could Bounce Back Post-Quarantine
- Consider these four entertainment names top stocks to buy in January: Cinemark (NYSE:CNK) Cedar Fair LP (NYSE:FUN) Madison Square Garden Sports (NYSE:MSGS) Dave & Buster's Entertainment (NASDAQ:PLAY) The post 4 Entertainment Stocks That Could Bounce Back Post-Quarantine appeared first on InvestorPlace. 9 Long-Term Stocks for the Next Decade
- 12/30/2020
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‘Wonder Woman 1984' Opening Boosts Movie Theater Stocks As 2021 Hopes Rise
- The better-than-expected Christmas-weekend opening of Wonder Woman 1984 is giving most exhibition stocks a welcome boost as the misery of 2020 gives way to hope for a brighter 2021. Shares in Cinemark, Imax, Marcus Corp. and National CineMedia are up between 4% and 7% apiece after the sequel took in $16.7 million domestically, the best...
- 12/28/2020
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Movie Theaters Helped 'Wonder Woman 1984' Rake in Millions in Debut
- The potent showing proves the theater circuit is still viable for big-budget films.
- 12/28/2020
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Can the movie theaters compete with streaming?
- Yahoo Finance's Julie Hyman and Brian Sozzi discuss how the entertainment industry navigated 2020 and break down 2021 predictions with Box Office Guru Editor, Gitesh Pandya.
- 12/25/2020
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Will Warner Bros. Regret Its Movie Streaming Decision?
- Not giving theaters any movie exclusivity could come back to haunt the studio.
- 12/22/2020
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New COVID-19 relief bill designates $15B for movie theaters, live event venues
- The bill, if passed and signed by President Trump, will also expand the eligibility of the Paycheck Protection Program to include local TV, radio broadcasters and newspapers.
- 12/21/2020
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Lawmakers Reach Deal On Covid-19 Relief That Includes $15 Billion For Movie Theaters, Live Venues
- Senate and House leaders announced an agreement on a nearly $900 billion Covid-19 relief package on Sunday that includes specific aid to struggling independent movie theaters and live entertainment venues. The package allocates $15 billion for theaters and other cultural institutions, following months in which artists and entertainment industry trade groups expressed urgency for some...
- 12/20/2020
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2 REITs To Buy Before The Vaccine Changes Everything
- The vaccine is now approved and we have a clear end in sight to this crisis. This is very good news for the most covid-sensitive businesses.
- 12/16/2020
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AMC Stock Swoons And Cinemark's Takes Hit After Disputed Report Of Movie Theater Operations Scenario
- AMC Entertainment shares fell almost 18% to close at $3.19, with Cinemark stock also taking a hit after a report that Cinemark has expressed interest in operating select AMC venues. Insiders at both companies describe the report as inaccurate. The New York Post, citing unidentified sources, reported that the two major circuits — which together...
- 12/14/2020
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Is Cinemark Serious About Taking Over Some AMC Movie Houses?
- The middle of a pandemic when most movie theaters are closed or at least not drawing much in the way of crowds may seem like a good time for consolidation of the theater business.
- 12/14/2020
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Did HBO Just Kill Theaters?
- The film industry ecosystem is slowly unraveling. Will theater stocks come out ahead?
- 12/14/2020
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Cinemark eyeing AMC's No. 1 spot as largest movie theater chain in US
- Cinemark — the nation's second-biggest movie-theater chain — is angling to move in on AMC Entertainment's turf under cover of the COVID-19 chaos that has roiled the industry, The Post has learned. AMC has racked up hundreds of millions of dollars in back rent since COVID-19 forced it to shut down its cinemas this spring.
- 12/11/2020
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Cinemark to Participate At MKM Virtual Investor Conference
- PLANO, Texas--(BUSINESS WIRE)--Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced participation at the following institutional investor conferences: Wednesday, December 16: MKM “The Road Ahead, Preparation for 2021” Virtual Conference Mark Zoradi, CEO, Sean Gamble, CFO/COO, & Chanda Brashears, VP Investor Relations 9:50 ET Fireside Chat 1-on-1 investor meetings About Cinemark Holdings, Inc.: Headquartered in Plano, TX, Cinemark (N
- 12/09/2020
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Cinemark: Perhaps We've Been Too Harsh
- Cinemark 2020 operating results were disappointing (yet expected), but they get points for control of operating expenses compared to peers. Cinemark's liquidity is nothing special, but stronger than competitors'.
- 12/08/2020
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Imagine A World Without Movie Theaters…
- Warner announced on Friday that from next year it will distribute its films on its HBO Max streaming service at the same time as in theaters, effectively delivering a death blow to the theatrical window. Is this the end of the movie theater as we know it?
- 12/05/2020
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Movie theaters continue to fight for survival as Warner Bros. announces streaming deal with HBO Max
- Engadget Senior Mobile Editor Chris Velazco discusses the challenges facing movie theaters amid the coronavirus pandemic and the decision for Warner Bros. to stream movies on HBO Max.
- 12/04/2020
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Cinema Stocks Mixed Friday As Biz Absorbs Warner Bombshell; Cinemark, Imax Rally, AMC Falls More
- Movie theater stocks were mixed Friday as the industry absorbed shock waves from Warner Bros.' window-smashing announcement the day before when the cinema group collectively plunged by double digits. The smaller publicly-traded U.S. chains have lower debt and are in better financial shape. Third and fourth ranked circuits Cinemark and Marcus both rose by more...
- 12/04/2020
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AT&T Boss John Stankey Says Movie Theaters Will Always “Have A Role In Society”, But Streaming “Horse Left The Barn”
- AT&T CEO John Stankey addressed the WarnerMedia/HBO Max streaming bombshell on Friday, as the shockwaves continued a day after the news broke. The move to put the studio's entire 2021 slate on HBO Max at the same time as theaters is “an appropriate decision for the moment we're in,” Stankey said in an interview streamed...
- 12/04/2020
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Analysts: AMC, Cinemark, Netflix Won't Suffer Greatly From Warner Bros.' 2021 Streaming Scheme
- The fears of cinema collapse are an "overreaction," there is no "death star," analysts say.
- 12/04/2020
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Lightshed's Greenfield on why Warner Bros. releasing 2021 films to HBO Max could shakeup the industry
- Warner Bros. announced it will debut all of next year's films on HBO Max and in theaters at the same time.
- 12/04/2020
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Movies theaters suffer devastating blow as Warner Bros announces streaming plans with HBOMax
- Yahoo Finance's Alexandra Canal discusses the move by Warner Bros. to launch all 2021 movies on HBO Max and in theaters at the same time.
- 12/03/2020
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WarnerMedia's HBO Max Movie Move Sinks Exhibition Stocks, Throws Down Streaming Gauntlet
- “There is no way to sugarcoat this for the theater operators,” said one Wall Streeter as exhibition stocks plunged Thursday on WarnerMedia's bombshell – a reimaging of its entire 2021 release slate that hit an exhibition industry already teetering on the brink. Cinemark shares– up earlier in the session — lost nearly 22% of their...
- 12/03/2020
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Why AMC Entertainment, Cinemark, and Marcus Crashed Hard Today
- A leading movie studio will release next year's films on its own streaming service, on the same day as their theatrical releases. That's bad news for an industry that's already struggling to make ends meet.
- 12/03/2020
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Warner Bros. Just Dealt Movie Theaters Another Huge Blow
- Struggling movie theaters had high hopes 2021 would be a turnaround year due to a strong slate of movie releases. In the latest blow to the industry, AT&T Inc. (NYSE: T) and its Warner Bros.
- 12/03/2020
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Movie theater stocks tumble, as Warner Bros. to release all 2021 movies in theaters and online at same time
- Shares of movie theater operators tumbled Thursday, AT&T Inc.'s Warner Bros. said it will release all of its 2021 files simultaneously in theaters and its HBO Max streaming service, as The Wall Street Journal reported.
- 12/03/2020
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Cinemark Responds To Earth-Shattering Warner Bros-HBO Max 2021 Theatrical Slate Decision
- Cinemark is the first major exhibitor to weigh in today regarding WarnerMedia's decision to put their 2021 theatrical slate in both theaters stateside and HBO Max simultaneously. Essentially the No. 3 exhibitor will take it easy as it does, and said the following today via a company rep: “In light of the current operating environment,...
- 12/03/2020
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Cinemark Improves Liquidity And The Moviegoer Experience
- CNK's share price doubled in the month of November. Q3 revenue was staggeringly low yet not unexpected.
- 12/02/2020
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Cinemark Shares Big-Screen Joy this Season with a Sleigh Full of Giveaways and Classic Holiday Films in December
- PLANO, Texas--(BUSINESS WIRE)-- #cinemark--Cinemark Theatres announces December holiday initiatives and films.
- 12/02/2020
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Why Cinemark Holding Stock Fell as Much as 10% today
- The outlook for movie chain operator Cinemark Holdings took a big hit this weekend. Here's what you need to know.
- 11/30/2020
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Movie Theater Stocks Rally On Vaccine News, Cineworld Liquidity Lifeline
- Stocks in U.S. movie theater circuits AMC and Cinemark staged rallies today after more positive COVID-19 vaccine news as well as a new financial lifeline for Cineworld. The UK-based Cineworld, parent of Regal Cinemas, said it secured a $450 million credit facility and an overall infusion of $750 million. On the vaccine front, AstraZeneca said...
- 11/23/2020
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Cinemark's Deal With Universal Is Better for Cinemark Than Universal
- The movie house chain is making compromises, but it's not compromising on the most important time for a newly released film.
- 11/23/2020
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Cinemark CEO Mark Zoradi on Universal films distribution deal
- Mark Zoradi, CEO of Cinemark, joins "Squawk Alley" to discuss the deal with CNBC-parent NBCUniversal to shorten times movies have to be in theaters before being available on demand.
- 11/18/2020
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Cinemark Leads Movie Theater Stock Upswing As Wall Street Hails Windows Deal
- Shares in major exhibitor Cinemark, along with most movie theater stocks, are rising today as Wall Street salutes another milestone release window agreement. Universal and Cinemark announced a windows deal late Monday that shares a lot of traits with AMC's breakthrough pact with the same studio earlier this year. It came after Cinemark was already...
- 11/17/2020
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Universal and Cinemark agree on earlier home release for movies
- Universal Pictures has inked a deal with the Cinemark cinema chain to allow its movies in US homes as soon as 17 days after they debut in theaters. The multi-year agreement is similar to one that the Comcast-owned Universal made in July with AMC Entertainment, the world's largest theater chain, marking a major shift from.
- 11/17/2020
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Universal Studios Strikes a New Distribution Deal With Cinemark
- The new agreement has much shorter windows of exclusive movie theater access to new titles.
- 11/16/2020
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Universal, Cinemark agree on earlier home release for movies
- Comcast Corp's Universal Pictures and Cinemark Holdings Inc have reached an agreement that allows the studio's films to be made available in U.S. homes as soon as three weeks after they debut in theaters, the companies said in a statement on Monday.
- 11/16/2020
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Universal Filmed Entertainment Group and Cinemark Theaters Announce Dynamic Release Window Agreement for Exhibition of Universal Films
- UNIVERSAL CITY, Calif. & PLANO, Texas--(BUSINESS WIRE)--Building on the two companies' shared commitment to the theatrical experience, while capitalizing on the opportunity to further adapt to changing consumer behavior, particularly in light of the current COVID-19 environment, Universal Filmed Entertainment Group (UFEG), a division of Comcast Corporation (NASDAQ: CMCSA), and Cinemark Holdings, Inc. (NYSE: CNK) today announced a multi-year agreement under which UFEG films will be exhibited in
- 11/16/2020
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Why Movie Theater Stocks Were Climbing Today
- The exhibition industry got a boost on news of another promising vaccine trial.
- 11/16/2020
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Entertainment, live event and theme park companies rally on Moderna's positive coronavirus vaccine news
- Shares of entertainment and live event companies rallied in premarket trade Monday, after biotech Moderna Inc. said a Phase 3 trial of its COVID-19 vaccine achieved 94.5% efficacy, a far higher benchmark than previously expected. AMC Entertainment Holdings Inc. , the biggest cinema chain in the world, was up 19%, while Cinemark Holdings Inc. gained 12%.
- 11/16/2020
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Cinemark Joins AMC in Pursuing Shortened Movie Window
- The theater operator will be picking its spots and not be locked into an agreement.
- 11/13/2020
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Coronavirus and movies: COVID-19 is not the only thing keeping people from going to the theater
- Yahoo Finance's Dan Roberts looks at what is keeping people out of the movie theaters amid the coronavirus pandemic. #COVID19 #coronavirus #movietheaters For 2020 election results please visit: Election results: https://www.yahoo.com/elections Subscribe to Yahoo Finance: https://yhoo.it/2fGu5Bb About Yahoo Finance: At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.
- 11/11/2020
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Cinemark to Make the Holidays Merrier with Movies, Beginning with Giveaways to be Thankful for in November
- PLANO, Texas--(BUSINESS WIRE)-- #Cinemark--Cinemark announces Holiday films and November giveaways
- 11/11/2020
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Movie theater stocks bounce on positive Covid-19 vaccine news, but serious challenges remain
- Movie theater stocks may have bounced on news about vaccine progress, but the whole movie industry still has challenges ahead. CNBC's Julia Boorstin reports.
- 11/11/2020
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9 Cheap Stocks to Buy on the Transition of Power
- Although the rally from the March doldrums has skyrocketed many companies, there are still some cheap stocks to advantage. The post 9 Cheap Stocks to Buy on the Transition of Power appeared first on InvestorPlace.
- 11/10/2020
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Theater chains AMC and Cinemark take big third-quarter losses during Covid pandemic
- Last week, AMC, Cinemark and Marcus Theatres reported third-quarter results, showcasing yet another period of losses for movie theater chains.
- 11/09/2020
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Why Movie Chains AMC Entertainment, Cinemark Holdings, and National CineMedia Skyrocketed as Much as 76% Today
- Forget about who's president, the big news for theater operators was vaccine-related. But is the news really that good?
- 11/09/2020
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Showbiz Stocks, Market Roar At Open On Vaccine Hopes; DJIA Up 1,200 Points As AMC Ent. Surges 50%, Disney Up 13%
- Media and entertainment share were swept higher in a massive rally Monday morning hours after early data from drug giant Pfizer showed its vaccine is 90% effective in preventing COVID-19 infection. The Dow was up nearly more than 1,325, or 5% — it had been up more than 1,600 points in early trade. The S&P was...
- 11/09/2020
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Movie theater stocks rebound as drugmakers say vaccine is 90% effective
- AMC, Cinemark, Marcus Theaters and IMAX stocks rallied Monday after trial data indicated Pfizer and BioNTech's Covid-19 vaccine is 90% effective.
- 11/09/2020
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Top Stocks To Short Today As Post-Election Rally Cools Down
- Despite no clear cut winner in the U.S. election yet, Joe Biden appears to be on the cusp of winning the nomination. Although markets somewhat cooled off today, they are still on pace for their biggest weekly gains since April.
- 11/06/2020
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More Trouble For Movie Theaters As Disney Postpones 'Free Guy,' 'Death On The Nile'
- In a blow to movie theaters and an already-thin release calendar for 2020, Walt Disney Inc (NYSE: DIS) has postponed Ryan Reynolds action-comedy "Free Guy" and "Death on the Nile," the sequel to Kenneth Branagh's "The Murder on the Orient Express," Variety reports. What Happened: Disney has pulled both big-ticket releases from this year's calendar but has not specified the new release dates yet.
- 11/06/2020
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Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q3 2020 Results - Earnings Call Transcript
- Cinemark Holdings, Inc. (CNK) CEO Mark Zoradi on Q3 2020 Results - Earnings Call Transcript
- 11/05/2020
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Cinemark has sold nearly 50,000 ‘Private Watch Parties' as it adapts to post-COVID world
- Cinemark's stock rallied Thursday, after the movie theater chain reported third-quarter revenue that plunged 96%, but provided upbeat commentary regarding it's place in a post-COVID world.
- 11/05/2020
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Cinemark posts huge loss as COVID-19 pummels movie theaters
- Cinemark posted a 96-percent decline in revenue in third quarter, swinging to a massive loss as its movie theaters continued to get pummeled by the pandemic. The nation's third-largest movie-theater chain said Thursday that for the period ended Sept.
- 11/05/2020
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Cinemark Follows AMC in Seeing Movie Theater Revenue Evaporate
- COVID-19 has taken a wrecking ball to movie theater finances.
- 11/05/2020
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Cinemark Adopts “Dynamic” Approach To Theatrical Windows, Seeing Progress In Lobbying Effort To Reopen In NY, LA
- Cinemark CEO Mark Zoradi said the major exhibitor has started taking a “dynamic” approach to theatrical windows, negotiating release terms on a film-by-film basis in a concession to COVID-19. Upcoming Universal releases like Croods 2, Let Him Go and Freaky, for example, will play in Cinemark theaters, Zoradi said during the company's third-quarter earnings call....
- 11/05/2020
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Cinemark's stock drops, as revenue tumbles 96% to miss expectations
- Shares of Cinemark Holdings Inc. fell 2.5% in premarket trading Thursday, after the movie theater operator reported a narrower-than-expected third-quarter loss but revenue that fell about 96% to miss forecasts, with the company citing the "unprecedented impact" of the COVID-19 pandemic on the theatrical exhibition industry. The company swung to a net loss of $147.6 million, or $1.25 a share, from net income of $31.4 million, or 27 cents a share, in the year-ago period.
- 11/05/2020
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Cinemark Holdings (CNK) Reports Q3 Loss, Lags Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 13.79% and -40.90%, respectively, for the quarter ended September 2020. Do the numbers hold clues to what lies ahead for the stock?
- 11/05/2020
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Cinemark Sees Revenue Plunge, Swings To The Red In COVID-Battered Q3; CEO Says Managing Liquidity Is Key
- Major movie chain Cinemark reported a COVID-battered quarter with revenue of $35 million versus $821 million the year earlier. It swung to a loss of $148 million from a $33-millio profit. As of September 30, it had 252 domestic and 15 international theatres open to limited hours, showing library content and some new releases. During...
- 11/05/2020
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Analysts expect NYC and LA to reopen movie theaters this year
- There's still a glimmer of hope for the movie theater industry this year, despite dismal domestic box office sales and climbing coronavirus cases, analysts said. The country's two biggest markets, New York City and Los Angeles, still could give sickly box office sales a much-needed jolt if they reopen before the end of 2020.
- 10/27/2020
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5 Consumer Stocks Ready to Rebound When Date Nights Return
- Consider these five consumer stocks to buy as outside activities like date nights come back in vogue. The post 5 Consumer Stocks Ready to Rebound When Date Nights Return appeared first on InvestorPlace.
- 10/27/2020
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Cinemark To Open Some Theaters In San Francisco, Santa Clara Without Concessions
- The nation's third largest cinema chain Cinemark said Monday it will open a San Francisco multiplex and locations in Santa Clara County on Oct. 30 with no concessions in a nod to local restrictions. The move, including of the Century San Francisco Centre 9 and XD, follows plans to open five of its Alameda County...
- 10/26/2020
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Cinemark: The Closing Credit Approaches? (NYSE:CNK)
- Cinemark's financials have been ravaged by the pandemic. The bearish narrative now peddles tales of doom and gloom.
- 10/19/2020
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‘Tenet’ Spurs Private Watch Party Business Boom For Cinemark Theatres
- EXCLUSIVE: Chaotic times call for creative measures, and in the midst of a box office that’s been greatly impacted by the pandemic, not to mention the lack of major studio tentpoles, exhibiti…
- 10/19/2020
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AMC CEO says reopening New York theaters is 'a monumental step forward' for battered industry
- Movie theaters, which have been thrashed by the coronavirus pandemic, have received a glimmer of hope after New York Gov. Andrew Cuomo announced Saturday that theaters around the state could reopen as soon as Oct. 23.
- 10/19/2020
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Mission Wealth Management LP Acquires 2,393 Shares of Cinemark Holdings, Inc. (NYSE:CNK)
- Mission Wealth Management LP increased its holdings in Cinemark Holdings, Inc. (NYSE:CNK) by 23.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 12,549 shares of the company’s stock after buying an additional 2,393 shares during the period. Mission Wealth Management LP’s […]
- 10/19/2020
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Ticket Market to Reach $ 37.86 bn by 2024, Ace Ticket Worldwide Inc., AMC Entertainment Holdings Inc., and TickPick LLC, Emerge as Key Contributors to Growth | Technavio
- The Global Ticket Market will grow by USD 37.86 bn during 2020-2024
- 10/19/2020
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Online Movie Ticketing Service Market Analysis Highlights the Impact of COVID-19 (2020-2024) | Increased Use of Mobile Applications to boost the Market Growth | Technavio
- The Global Online Movie Ticketing Service Market will grow by USD 14.8 bn during 2020-2024
- 10/17/2020
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AMC May Need a Big-Time Investor to Survive Pandemic, Analyst Says
- The largest movie-theater chain operator is scrounging for cash. Its best bet may be an infusion by a private-equity firm or other large investor, B. Riley’s Eric Wold says.
- 10/14/2020
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Strong/MDI Screen Systems Announces Exclusive Multi-Year Agreement with Cinemark Theatres
- Strong/MDI Screen Systems, Inc. (“Strong/MDI”), a wholly owned subsidiary of Ballantyne Strong, Inc. (NYSE American: BTN), and a leader in projection screens
- 10/14/2020
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After Regal, COVID-19 Forces AMC Theater Chain To Consider Bankruptcy: Report
- The world’s biggest chain of theaters - AMC Entertainment Holdings Inc (NYSE: AMC) is mulling options for respite from debt, that includes potential bankruptcy, reports...
- 10/14/2020
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AMC warns it could run out of cash this year
- A bare movie calendar and continued lackluster attendance has left AMC's business hemorrhaging cash.
- 10/13/2020
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The Marcus Corporation Announces Third Quarter Fiscal 2020 Release Date and Conference Call
- THE MARCUS CORPORATION ANNOUNCES THIRD QUARTER FISCAL 2020 RELEASE DATE AND CONFERENCE CALL
- 10/13/2020
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England arts bailout a 'gamechanger' – but some will miss out
- While many welcome the government’s Covid rescue package, concerns remain
- 10/12/2020
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‘War With Grandpa’ Conquers ‘Tenet’ At The Weekend Box Office
- 2nd Update Sunday AM final: 101 Studios’ War With Grandpa has ended Tenet’s domestic marathon run, beating the Christopher Nolan movie in its 7th weekend, $3.6M to $2.1M. Tenet currentl…
- 10/11/2020
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Movie Theaters Are Raising Cash, and Hoping, in a Battle for Survival
- With the pandemic lingering, movie houses are reeling from delayed releases, theater shutdowns, and scarce ticket buyers. Can theater operators survive until 2021?
- 10/09/2020
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Pixar's 'Soul' bypasses theaters, will stream on Christmas
- The Pixar film “Soul” will skip theaters and instead premiere on Disney+ on Christmas, sending one of the fall’s last big movies straight to streaming
- 10/09/2020
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Cinemark Halloween Private Watch Parties Go Scary Fast, Will Give 1,000 More to Meet Spooktactular Demand
- Cinemark Halloween Private Watch Parties Go Scary Fast, Will Give 1,000 More to Meet Spooktactular Demand;
All 1,000 initial Halloween PWP
- 10/09/2020
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AMC Theatres® to Have More Than 520 of Its 600 Locations Open by Mid-October as 14 AMC Locations in the State of Washington Reopen on October 16
- AMC Entertainment (NYSE:AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East and the world, today announced that 14...
- 10/08/2020
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Tickets Market to Reach USD 37.86 Billion by 2024, Ace Tickets Worldwide Inc. and AMC Entertainment Holdings Inc. Emerge as Key Contributors to Growth | Technavio
- The Global Ticket Market will grow by USD 37.86 bn during 2020-2024
- 10/08/2020
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AMC, Cinemark won't close theaters even as blockbusters flee 2020
- AMC Theaters, the largest cinema chain in the U.S., and rival Cinemark said they have no plans to shutter theaters even as additional Hollywood blockbusters postpone their release dates to next year.
- 10/06/2020
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Cinemark (CNK) stock flops on the temporary shutdowns of Regal theatres | AlphaStreet
- Cinemark (NYSE: CNK), which plunged about 17% and ended at $8.33 on Monday. Another leading theatrical chain operator AMC Entertainment (NYSE: AMC) tumbled 11%.
- 10/06/2020
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Cinemark Planning To Stay Open In Wake Of Cineworld & Regal’s Temporary Closure
- Cinemark, the No. 3 theatrical exhibitor in the U.S, confirmed Monday that it is currently planning to stay open during the pandemic. The news comes in the wake of Cineworld’s plans to close …
- 10/05/2020
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Movie theater stocks take a dive after Cineworld suspends U.S, U.K. ops
- Shares of movie theater operators took a deep dive Monday, after the U.K.'s Cineworld Group PLC said it will temporarily suspend operations at all of its...
- 10/05/2020
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Seritage Growth Properties: In A Whirlpool Of Risk And Uncertainty (NYSE:SRG)
- The virus disruption and the resulting economic uncertainty have cratered Seritage Growth Properties’ revenues by disrupting its tenants’ operations.
- 10/05/2020
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Mid-Afternoon Market Update: Dow Surges 350 Points; Eidos Therapeutics Shares Spike Higher
- Toward the end of trading Monday, the Dow traded up 1.27% to 28,035 while the NASDAQ rose 1.67% to 11,260.24. The S&P also rose, gaining 1.34% to 3,393.20.
The U.S. has the...
- 10/05/2020
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Principal Financial Group Inc. Acquires 101,341 Shares of Cinemark Holdings, Inc. (NYSE:CNK)
- Principal Financial Group Inc. grew its holdings in Cinemark Holdings, Inc. (NYSE:CNK) by 32.1% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 417,064 shares of the company’s stock after acquiring an additional 101,341 shares during the period. Principal Financial Group Inc. owned 0.35% […]
- 10/04/2020
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Regal Cinemas Likely Suspending Operations at All U.S. Locations
- The second-largest cinema chain in America is likely to close indefinitely all its U.S. locations, after reopening in August, according to a person familiar with the plans, escalating the pandemic-driven crisis faced by the entertainment industry.
- 10/04/2020
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Handelsbanken Fonder AB Takes Position in Cinemark Holdings, Inc. (NYSE:CNK)
- Handelsbanken Fonder AB purchased a new position in shares of Cinemark Holdings, Inc. (NYSE:CNK) during the 2nd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 17,632 shares of the company’s stock, valued at approximately $204,000. Other hedge funds and other institutional investors also recently modified their […]
- 10/03/2020
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More Than 500 AMC Theatres® Locations to Be Open by Mid-October as AMC Prepares to Resume Operations at 23 Theatres in North Carolina Between Friday October 9 and Friday October 16
- AMC Entertainment (NYSE:AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East and the world, today announced that more...
- 10/01/2020
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Cinemark Offers Private Blu-Ray Screening Parties to Combat Low Attendance
- Cinemark filling theaters with private screenings.
- 10/01/2020
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Cinemark to Give Away 1,000 Private Watch Parties for the Ultimate In-Theatre Halloween Experience
- Cinemark Holdings, Inc., one of the world’s largest and most influential movie theatre companies, is celebrating the spookiest time of the year by giving...
- 10/01/2020
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Disney's Mulan Estimates Crash Back Down To Earth: Losses May Have Been $150 Million (NYSE:DIS)
- Early estimates of Mulan had Disney hitting a walk-off grand slam, with revenues that would have been near Endgame levels.
- 10/01/2020
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Nuveen Asset Management LLC Buys 641,712 Shares of Cinemark Holdings, Inc. (NYSE:CNK)
- Nuveen Asset Management LLC grew its stake in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 110.1% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,224,679 shares of the company’s stock after acquiring an additional 641,712 shares during the quarter. Nuveen Asset Management […]
- 09/30/2020
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Wednesday briefing: 'Shut up man' – angry debacle as Biden and Trump clash
- Moderator loses control amid interruptions and president’s spurious claims … law-breaking Brexit bill clears House of Commons … singer Helen Reddy dies
- 09/30/2020
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AMC to Have More Than 80% of U.S. Theatres Open With 14 More Theatres Resuming Operations in California and Across the State of Michigan
- AMC Entertainment (NYSE:AMC), the largest theatrical exhibitor in the United States, in Europe & the Middle East and the world, today announced an
- 09/30/2020
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‘Tenet’ Now At $41.2M In Domestic Pandemic Marketplace That Is Starving For Business & Tentpole Movies – Sunday Final
- SUNDAY AM FINAL w/chart: The depressed state of the box office continued into its fourth weekend since the big three exhibitors reopened, with Warner Bros.’ Tenet still No. 1 with $3.4M, -26%…
- 09/27/2020
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Ticket Market- Roadmap for Recovery from COVID-19 | Integration of Analytics with Online Ticket Platforms to Boost Market Growth | Technavio
- The Global Ticket Market will grow by USD 37.86 bn during 2020-2024
- 09/27/2020
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Bank of Montreal Can Has $243,000 Stock Holdings in Cinemark Holdings, Inc. (NYSE:CNK)
- Bank of Montreal Can raised its stake in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 233.4% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 18,978 shares of the company’s stock after purchasing an additional 13,285 shares during the quarter. Bank of Montreal Can’s […]
- 09/24/2020
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Cinemark Consistently Receives Overwhelmingly Positive Customer Feedback Following Reopening
- Cinemark has reopened approximately 75 percent of its U.S. circuit to overwhelmingly positive customer feedback.
- 09/23/2020
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The Marcus Corporation Announces Pricing of $87 Million Convertible Senior Notes Offering
- The Marcus Corporation (NYSE: MCS) (the “Company”) announced today that it priced $87 million aggregate principal amount of its 5.00% Convertible Seni
- 09/18/2020
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The Marcus Corporation Announces Launch of $87 Million Convertible Senior Notes Offering
- The Marcus Corporation Announces Launch of $87 Million Convertible Senior Notes Offering
- 09/17/2020
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Cinemark Holdings, Inc. (NYSE:CNK) Stake Reduced by State of Tennessee Treasury Department
- State of Tennessee Treasury Department reduced its stake in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 6.7% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 53,739 shares of the company’s stock after selling 3,864 shares during the quarter. State […]
- 09/14/2020
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New businesses set to open in Fairfield Town Center
- The landscape at Fairfield Town Center is changing with a lineup of at least four new retailers set to open this fall. Burlington; CUT! by Cinemark Cypress - Dine-In Theatre, Kitchen & Bar; Five Below; and Cinnaholic will join recent additions Which Wich, Sleek Creperie & Café and Crumbl Cookies to the diverse retail offerings at the open-air shopping center.
- 09/12/2020
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Cinemark and AMC Entertainment Posed to Rebound
- Aug 26, 2020 (Baystreet.ca via COMTEX) --
The re-opening of Cineplex in Canada and the gradual opening of theatres in the U.S. set the stage for a rebound in...
- 08/26/2020
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Teza Capital Management LLC Purchases Shares of 24,491 Cinemark Holdings, Inc. (NYSE:CNK)
- Teza Capital Management LLC purchased a new stake in Cinemark Holdings, Inc. (NYSE:CNK) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 24,491 shares of the company’s stock, valued at approximately $283,000. Several other hedge funds and other institutional investors […]
- 08/26/2020
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Nearly 300 AMC Theatres® to Welcome Moviegoers as an Additional 170 Theatres Reopen Tomorrow, August 27
- After a successful reopening at more than 100 locations nationwide, AMC Theatres (NYSE:AMC) is preparing to reopen its second wave of theatres, with 1
- 08/26/2020
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Where in the World Can You See Tenet in a Movie Theater?
- Turns out, a lot of places.
- 08/25/2020
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In The World Of Cinema, The Show Must Go On
- Stocks Analysis by Tim Knight covering: . Read Tim Knight's latest article on Investing.com
- 08/25/2020
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Wall Street Breakfast: The Week Ahead
- Listen on the go! A daily podcast of Wall Street Breakfast will be available by 8:00 a.m. on Seeking Alpha, iTunes, Stitcher and Spotify.
- 08/23/2020
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Stocks To Watch: Spotlight On Palo Alto Networks, Best Buy And Xpeng Motors
- 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.
- 08/22/2020
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Movie theater trade group establishes COVID-19 protocols
- As movie theaters come back to life across the country, the National Association of Theater Owners is helping to take the guess work out of safe operating practices in the era of COVID-19
- 08/21/2020
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Movie theater trade group establishes COVID-19 protocols
- As movie theaters come back to life across the country, the National Association of Theater Owners is helping to take the guess work out of safe operating practices in the era of COVID-19
- 08/21/2020
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Benchmark Turns Bullish On Cinemark, Stock Surged 11%
- Shares of Cinemark Holdings (CNK) jumped 11.2% on Thursday after Benchmark upgraded the stock to Buy from Hold. The firm kept the price target unchanged
- 08/21/2020
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Movie theaters reopen this weekend, but it's unclear if audiences will return
- Even with stringent safety protocols and new film releases, moviegoers may be hesitant to return to cinemas.
- 08/21/2020
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AMC, Regal and Cinemark prepare to reopen in the U.S. after five-month shutdown
- While some think customers will flock to theaters, scant fresh content and health fears during the pandemic might stop moviegoers.
- 08/20/2020
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Coronavirus live updates: Eviction protections are drying up; J&J plans 60,000 person vaccine trial
- The coronavirus has infected more than 22.49 million people around the world as of Thursday, killing at least 789,400 people.
- 08/20/2020
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Cinemark USA, Inc. -- Moody's downgrades Cinemark's CFR to B3 following issuance of new convertible notes; outlook remains negative
- New York, August 19, 2020 -- Moody's Investors Service ("Moody's") downgraded Cinemark USA, Inc.'s ("Cinemark USA") Corporate Family Rating (CFR) to B3 from B2 and the Probability of Default Rating (PDR) to B3-PD from B2-PD. Concurrently, Moody's downgraded Cinemark USA's bank credit facilities to Ba3 from Ba2 (consisting of a $100 million revolving credit facility (RCF) and $643 million outstanding senior secured term loan), $250 million senior secured notes to Ba3 from Ba2 and $1.16 billion of senior unsecured notes to Caa1 from B3.
- 08/19/2020
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Cinemark Holdings, Inc. Announces Pricing of $400 Million Convertible Senior Notes Offering
- Cinemark Holdings, Inc. (the "Company") (NYSE:CNK) announced today that it priced $400 million aggregate principal amount of its 4.50% Convertible Senior Notes due 2025 (the "Notes") in a private offering (the "Offering") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company has also granted the initial purchasers of the Notes a 13-day option to purchase up to an additional $60 million aggregate principal amount of the Notes. The Offering is expected to close on August 21, 2020, subject to customary closing conditions.
- 08/19/2020
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Why Cinemark Holdings, AMC Entertainment, and Regal Cinema's Cineworld All Dropped Today
- Last week, hopes that movie theaters might soon get back to the business of showing movies in theaters helped lift shares of first AMC Entertainment (NYSE: AMC) and then its cinema chain rival Cinemark Holdings (NYSE: CNK) as well. Today, investors appear to be having second thoughts about that, with Cinemark stock falling as much as 12% (and staying there), UK-based rival (and owner of Regal Cinemas in the U.S.) Cineworld (OTC: CNNW.F) (LSE: CINE) falling nearly 12% before rebounding, and AMC still down 5.3% in 2:35 p.m. EDT trading. What's got investors worried today?
- 08/18/2020
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Cinemark Down On $400M Notes Offering; Street Cautiously Optimistic
- Cinemark Holdings (CNK) has announced a private offering of $400 million convertible senior notes due 2025 to qualified institutional buyers.Initial purchasers will also receive a 13-day option to purchase up to an additional $60 million of convertible senior notes.Shares in the movie giant are down 4% in Tuesday’s pre-market trading.According to CNK, the notes will be senior unsecured obligations of the company and will accrue interest payable semiannually in arrears. They will be convertible at the option of the holders and may be settled, at Cinemark’s choice, in cash, shares or both.The interest rate, conversion rate and other terms will be determined at the time of pricing.Cinemark will use the net proceeds to pay the cost of the convertible note hedge transactions as well as for general corporate purposes, including repaying outstanding amounts under the revolving credit line of the senior secured credit facility for Cinemark USA, Inc.Shares in CNK have now plunged over 60% year-to-date due to Covid-19-related disruptions. However analysts have a cautiously optimistic Moderate Buy consensus on the stock, with a $17 average analyst price target. This indicates shares can regain 29% from current levels.Speaking for the bulls, Wedbush analyst Michael Pachter reiterated his CNK buy rating on August 4 with a $15 price target. “We have significant concerns about the exhibition industry and the timing of its return to normalcy” the analyst commented, adding that he believes the release slate is overly optimistic, and re-shuttering of theaters presents a real risk to the industry.However “with that said, we continue to view Cinemark as a well-managed company with the most stable results in the industry, and therefore the best exhibitor to own” he told investors.According to Pachter, Cinemark has demonstrated that it can withstand closures and/or low utilization well into 2021. “We think that shares of CNK will continue to trade at a discount while the uncertainty remains high as re-opening commences, but we expect shares to normalize to a 7.5x multiple once the industry begins to right-size” the analyst concludes. (See CNK stock analysis on TipRanks).Related News: Microsoft Confirms TikTok Purchase Talks Back On Table After Trump Call Baidu Takes Buyback Program To $3B; Stock Down 6% Post-Print Alibaba’s Ant Group Starts Filing Process For Blockbuster China IPO More recent articles from Smarter Analyst: * Walmart Delivers Earnings Triumph; E-Commerce Sales Double * Argus Raises Tupperware To Hold On Sales Growth Plan * AstraZeneca Gets FDA Priority Review For New Dose Of Imfinzi Cancer Drug * Goldman Adds JD.com To Conviction Buy List, Lifts PT After 2Q Earnings
- 08/18/2020
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Why Cinemark's Stock Is Trading Lower Today
- Cinemark (NYSE: CNK) shares are trading lower on Tuesday after the company announced a $400 million convertible senior notes offering.
Cinemark is the third-largest motion...
- 08/18/2020
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Cinemark Holdings, Inc. Announces Launch of $400 Million Convertible Senior Notes Offering
- Cinemark Holdings, Inc. (the "Company") (NYSE:CNK) announced today that it plans to commence a private offering (the "Offering") of $400 million aggregate principal amount of convertible senior notes due 2025 (the "Notes") to persons reasonably believed to be qualified institutional buyers pursuant to Rule 144A under the Securities Act of 1933, as amended (the "Securities Act"). The Company also intends to grant the initial purchasers of the Notes a 13-day option to purchase up to an additional $60 million aggregate principal amount of the Notes.
- 08/17/2020
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Stocks To Watch: Walmart, Target, Kandi And Gold vs. Bitcoin
- 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.
- 08/15/2020
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Why Cinemark Holdings Stock Popped 7% Today
- Just one day after movie theater operator AMC Entertainment (NYSE: AMC) announced a grand reopening of its theaters scheduled for Aug. 20 (and another for Sept. 3), rival theater chain Cinemark Holdings (NYSE: CNK) announced a date of its own -- and gave itself a head start in attracting moviegoers. Cinemark shares closed 7.3% higher Friday on the news. Beginning Aug. 14 and continuing through Aug. 28, Cinemark says it will conduct a "phased reopening" of its theaters.
- 08/14/2020
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Cinemark Reopens U.S. Theatres Beginning Aug. 14, Tickets on Sale Now for New Movies and Comeback Classics
- Cinemark Holdings, Inc., one of the world’s largest and most influential movie theatre companies, invites moviegoers across the U.S. to once again enjoy the cinematic experience as it begins the phased reopening of its theatres on Friday, Aug. 14 and continues through Friday, Aug. 28. All theatres will reopen with enhanced clean and safety protocols, just in time to welcome this year’s newest films. Tickets are on sale now for Unhinged and the anniversary re-release of Inception. Tickets will go on sale for The New Mutants on Aug. 18 and The Personal History of David Copperfield on Aug. 19. Tickets for the highly anticipated film, Tenet, will go on sale very soon. Additional information on Cinemark’s reopening can be found at www.cinemark.com.
- 08/14/2020
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Cinemark Holdings (CNK) in Focus: Stock Moves 5.3% Higher
- Cinemark Holdings (CNK) saw a big move last session, as its shares jumped more than 5% on the day, amid huge volumes.
- 08/10/2020
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ReelWorks Studios and Fathom Events Announce Release of Latest Film 'WHEN WE LAST SPOKE'
- ReelWorks Studios and Fathom Events announce the release of their latest film WHEN WE LAST SPOKE, a heartwarming tale of family, friendship and forgiveness featuring Corbin Bernsen ("Psych," "L.A. Law"), Melissa Gilbert ("Little House on the Prairie"), Darby Camp ("Big Little Lies," THE CHRISTMAS CHRONICLES), Chandler Head (THE GLASS CASTLE) and Academy award-winning actress, Cloris Leachman (I CAN ONLY IMAGINE, THE LAST PICTURE SHOW). WHEN WE LAST SPOKE will release in movie theaters for an exclusive two night showing October 27 and 29, 2020.
- 08/10/2020
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Cinemark at Valley View will reopen Friday with classic movies, private rental option
- Tickets cost $5 for adults and $3 for children.
- 08/10/2020
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Stocks To Watch: Barrick Gold, Hedge Fund Reveals And Election Plays (NASDAQ:ACIA)
- 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.
- 08/08/2020
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Alabama movie theater announces reopening
- Location coming back online soon as part of company's 'phased' strategy.
- 08/07/2020
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U.S. judge ends decades-old movie theater rules set by Hollywood studios
- A federal judge on Friday granted the U.S. government's request to immediately end the Paramount Decrees, a set of antitrust rules from the late 1940s and early 1950s that ended Hollywood's monopoly on producing, distributing and exhibiting movies.
- 08/07/2020
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U.S. judge agrees to end decades-old movie theater rules
- A federal judge on Friday granted the U.S. government's request to immediately end the Paramount Decrees, a set of antitrust rules from the late 1940s and early 1950s that ended Hollywood's monopoly on producing, distributing and exhibiting movies. U.S. District Judge Analisa Torres in Manhattan said the Department of Justice "offered a reasonable and persuasive explanation" for why terminating the consent decrees would "serve the public interest in free and unfettered competition." Last November, the Justice Department moved to end the decrees enacted after the Supreme Court in 1948 said Hollywood's biggest studios had illegally monopolized the movie distribution and theater industries.
- 08/07/2020
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Stock market live Friday: S&P 500 ends flat, Nasdaq first down day in 8, no progress on stimulus deal
- Stocks fell as rising U.S.-China tensions offset better-than-expected jobs data.
- 08/07/2020
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Sequel On The Way?
- Stocks Analysis by Tim Knight covering: Cinemark Holdings Inc. Read Tim Knight's latest article on Investing.com
- 08/07/2020
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Movie theaters were relying on 'Mulan' to boost ticket sales, its move to Disney+ is a 'sucker punch to the gut'
- While pushing "Mulan" to Disney+ should help Disney meet its financial targets, it leaves movie theaters around the world in more precarious positions.
- 08/05/2020
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‘Tenet’ Gets Its Own Place
- Moving ‘Mulan’ to streaming leaves Warner Bros. thriller ‘Tenet’ as the one major movie expected to reopen theaters.
- 08/05/2020
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Cinemark Holdings Inc (CNK) Q2 2020 Earnings Call Transcript | The Motley Fool
- CNK earnings call for the period ending June 30, 2020.
- 08/04/2020
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Cinemark gears up for August reopening with ‘test and learn’ centers
- After multiple postponements, movie theater chain Cinemark said it’s ready to reopen, citing “high satisfaction” among moviegoers who tested the chain’s new COVID-19 protoco…
- 08/04/2020
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Cinemark Doesn't Want to Follow AMC's Movie Release Deal
- The coronavirus pandemic is changing the way people do many things, from shopping to playing sports. One of the trends that may stick around is home movie streaming. Companies such as Netflix (NASDAQ: NFLX) and Walt Disney (NYSE: DIS) had seen success with their streaming even before COVID-19 kept people at home and out of theaters, but theater closures certainly didn't hurt.
- 08/04/2020
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Cinemark Revenue All but Evaporates, but Still Beats on Earnings | The Motley Fool
- The outlook for the rest of the year doesn't look much better, either.
- 08/04/2020
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Cinemark and Regal have more theaters than AMC and they don't want to shorten the theatrical window
- Cinemark said it is willing to talk with studios about modifying the theatrical release window, but would only do so if it was "in the best interests of the overall industry, our company and our shareholders."
- 08/04/2020
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Coronavirus update: U.S. case tally at 4.72 million and New Jersey, Massachusetts and Connecticut see infections climb again
- The U.S. case tally for the coronavirus illness COVID-19 rose by fewer than 50,000 on Monday for a second straight day, data aggregated by Johns Hopkins...
- 08/04/2020
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Cinemark Has $525M In Cash, Sees 2021 As “Transition Year” With “Normalized” Box Office In 2022
- Executives at Cinemark, the No. 3 U.S. exhibitor, believe they have sufficient cash to last “well into 2021” even if theaters remain closed due to COVID-19. The forecast came during an …
- 08/04/2020
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Cinemark Holdings (CNK) Reports Q2 Loss, Tops Revenue Estimates
- Cinemark (CNK) delivered earnings and revenue surprises of 9.59% and 30.55%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
- 08/04/2020
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Recap: Cinemark Q2 Earnings
- Shares of Cinemark Hldgs (NYSE:CNK) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 247.67% over the past year to ($1.27), which beat the estimate of ($1.60).Revenue of $8,974,000 declined by 99.06% year over year, which missed the estimate of $11,530,000.Looking Ahead Earnings guidance hasn't been issued by the company for now.Cinemark Hldgs hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Aug 04, 2020View more earnings on CNKTime: 08:30 AMET Webcast URL: https://78449.themediaframe.com/dataconf/productusers/cnk/mediaframe/39967/indexl.htmlRecent Stock Performance 52-week high: $41.6052-week low: $5.71Price action over last quarter: down 30.02%Company Overview Cinemark Holdings is the third- largest motion picture exhibitor in the United States. The company operates 4,568 screens in 37 states and 12 Latin American countries. Cinemark generates nearly $2 billion in revenue--approximately 60% from admissions, 30% from concessions, and 10% from other sources, such as in-lobby video games. Most of Cinemark's theaters are located in midsize cities or suburbs of large cities.See more from Benzinga * 9 Communication Services Stocks Moving In Friday's Pre-Market Session * Benzinga's Top Upgrades, Downgrades For June 29, 2020 * 14 Communication Services Stocks Moving In Friday's Pre-Market Session(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
- 08/04/2020
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Cinemark Q2 Results Reveal Pandemic Toll, But Company Says Tests Show Patrons Feel Comfortable In Its Theaters
- Cinemark reported financial results for the second quarter that revealed the massive toll of COVID-19, with $9 million in total revenue and a loss of $1.45 per share. Those figures managed to excee…
- 08/04/2020
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Cinemark swings to loss as revenue falls 99%, but beats expectations
- Cinemark Holdings Inc. undefined reported Tuesday that it swung to a loss as revenue dropped 99%, amid theater closures and layoffs as a result of the...
- 08/04/2020
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Cinemark Holdings, Inc. Reports Results for the Second Quarter Of 2020
- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and six months ended June 30, 2020. The Company’s financial results continue to be impacted by the COVID-19 pandemic, as the Company temporarily closed its theatres effective March 18, 2020. During late June 2020, the Company opened five theatres in the US, showing library content, to test its new health and safety protocols. During the three months ended June 30, 2020, the Company’s U.S. operating segment had 13 thousand patrons attend these test-and-learn theatres generating $37.0 thousand of admissions revenues and $57.0 thousand of concession revenues. Total revenues were $9.0 million for the three months ended June 30, 2020, which also included the amortization of deferred NCM screen advertising advances.
- 08/04/2020
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Cinemark Holdings, Inc. Reports Results for the Second Quarter Of 2020
- Cinemark Holdings, Inc. (NYSE: CNK), one of the largest motion picture exhibitors in the world, today reported results for the three and six months en
- 08/04/2020
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Analysts Estimate Cinemark Holdings (CNK) to Report a Decline in Earnings: What to Look Out for
- Cinemark (CNK) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
- 07/28/2020
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Christopher Nolan's Tenet to be released in August – but not in the US
- The much-delayed thriller will launch in 70 countries worldwide before a limited release in the US on Labor Day weekend
- 07/27/2020
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Cinemark Holdings: High-Risk Entertainment Recovery Play
- Cinemark can make a profit at 20% to 30% occupancy rates. Cinemark also has more financial flexibility in comparison to AMC, which will help it to avoid a liquidity crisis in the near term.
- 07/27/2020
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Cinemark to Host Second Quarter 2020 Earnings Conference Call
- Cinemark Holdings, Inc. ("Cinemark") (NYSE: CNK), one of the largest motion picture exhibitors in the world, today announced that it will report its second quarter 2020 operating results pre-market and host a webcast and conference call to discuss the results on:
- 07/24/2020
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De onde vem o que eu como: milho vai além da pipoca e alimenta a economia do país
- Descubra a importância de um dos principais produtos do agronegócio nacional e veja dicas para fazer a pipoca perfeita - Brasil é o segundo país que mais consome o petisco.
- 07/22/2020
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New Strong Sell Stocks for July 22nd
- Here are 5 stocks added to the Zacks Rank 5 (Strong Sell) List today.
- 07/22/2020
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Cinemark delays reopening movie theaters again
- Theaters were supposed to open Friday, but the delay comes after the release of Christopher Nolan's "Tenet" was shelved indefinitely.
- 07/21/2020
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Warner Bros. delays 'Tenet' movie release indefinitely, Variety reports
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Cinemark (NYSE:CNK) Shares Gap Down to $13.73
- Cinemark Holdings, Inc. (NYSE:CNK) gapped down prior to trading on Friday . The stock had previously closed at $13.93, but opened at $13.73. Cinemark shares last traded at $13.46, with a volume of 61,475 shares trading hands. Several brokerages recently weighed in on CNK. Morgan Stanley cut their target price on shares of Cinemark from […]
- 07/19/2020
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Cinemark Holdings, Inc. (NYSE:CNK) to Post Q2 2020 Earnings of ($1.49) Per Share, B. Riley Forecasts
- Cinemark Holdings, Inc. (NYSE:CNK) – Equities researchers at B. Riley lowered their Q2 2020 EPS estimates for Cinemark in a research note issued to investors on Wednesday, July 15th. B. Riley analyst E. Wold now expects that the company will earn ($1.49) per share for the quarter, down from their previous estimate of ($1.13). B. […]
- 07/18/2020
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Cinemark (NYSE:CNK) Now Covered by Goldman Sachs Group
- Stock analysts at Goldman Sachs Group began coverage on shares of Cinemark (NYSE:CNK) in a report released on Wednesday, The Fly reports. The firm set a “neutral” rating and a $12.00 price target on the stock. Goldman Sachs Group’s target price would suggest a potential downside of 15.79% from the stock’s current price. Several other […]
- 07/17/2020
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These charts show why studios are likely to delay 'Tenet' and 'Mulan' again
- A sharp uptick in new cases has led a number of state governors to scale back their economic reopenings and prevent businesses like movie theaters from resuming operations.
- 07/16/2020
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Invesco Ltd. Sells 13,766 Shares of Cinemark Holdings, Inc. (NYSE:CNK)
- Invesco Ltd. trimmed its holdings in Cinemark Holdings, Inc. (NYSE:CNK) by 7.6% during the first quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 166,613 shares of the company’s stock after selling 13,766 shares during the period. Invesco Ltd. owned about 0.14% of Cinemark worth $1,698,000 as […]
- 07/15/2020
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Imax & Cinemark Shares Soar, Analyst Says Studios Should Start Releasing If They Value Theaters
- Imax shares shot higher Wednesday as Goldman Sachs initiated coverage of the large-format leader with a “buy” rating, saying it’s well positioned to take share in the current environment and …
- 07/15/2020
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IMAX Breaks Out After Goldman Initiates With Buy Rating
- IMAX shares moved higher during Wednesday's session after Goldman Sachs initiated coverage with a Buy rating and $14 price target.
- 07/15/2020
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Theater Operators Lose a Legal Bid to Allow Reopening in New Jersey
- AMC Entertainment Holdings (NYSE: AMC), Cinemark Holdings (NYSE: CNK), and Cineworld's (OTC: CNNW.F) Regal Cinemas took the State of New Jersey to court to overturn Gov. Phil Murphy's refusal to let them reopen, but they left court empty-handed on Tuesday after a U.S. district court judge rejected their request. Although shopping malls, churches, libraries, and other indoor sites of public congregation have been allowed to reopen following orders to shut down in March, movie theaters have not received the same consideration.
- 07/15/2020
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An Intrinsic Calculation For Cinemark Holdings, Inc. (NYSE:CNK) Suggests It's 26% Undervalued
- Today we'll do a simple run through of a valuation method used to estimate the attractiveness of Cinemark Holdings...
- 07/15/2020
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Why Cinemark Holdings Stock Jumped as much as 11% on July 15
- The movie theater operator got a shot in the arm from some upbeat medical news, but there are still big issues to consider here.
- 07/15/2020
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Were Hedge Funds Right About Cinemark Holdings, Inc. (CNK)?
- The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
- 07/12/2020
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3 Reasons To Speculate And Get Rewarded On STORE Capital (NYSE:STOR)
- STORE Capital is deeply committed to its dividend. Impressive collections rate amid a fall-out in other REITs.
- 07/10/2020
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U.S. Cases Rise 1.8%; Texas Infections Hit Record: Virus Update
- (Bloomberg) -- The virus set records across the U.S., with Texas’s daily cases, Arizona’s deaths and California’s hospitalizations hitting new highs. New Jersey’s transmission rate rose to the highest in about ten weeks.Brazilian President Jair Bolsonaro tested positive, escalating the crisis that’s engulfed Latin America’s largest economy. In an interview, the 65-year-old leader said he feels “perfectly well” and is being treated with hydroxychloroquine.Novavax Inc. was awarded $1.6 billion in U.S. funding to support large-scale manufacturing of its vaccine candidate while Regeneron Pharmaceuticals Inc. got a shot of confidence with a $450 million contract to start amping up output of its experimental antibody therapy.Key Developments:Global Tracker: Cases near 11.7 million; deaths exceed 540,000Beijing reported no cases. Here’s how the city turned it aroundTrump insists schools must open, teachers aren’t so sureForged to tackle virus, Israel’s alliance of rivals falls shortI had to take five antibody tests for results I could believeOutbreaks at U.S. meat plants hit minority workers hardestMore U.S. young adults return home with options reducedSubscribe to a daily update on the virus from Bloomberg’s Prognosis team here. Click VRUS on the terminal for news and data on the coronavirus.New York’s Long Island to Enter Fourth Reopening Phase (5:42 p.m. NY)New York’s Long Island has been cleared to enter the fourth stage of reopening starting Wednesday, Governor Andrew Cuomo said in a statement. The move applies to higher education, “low risk” arts and entertainment activities, media production and professional sports with no fans. “As states across the country experience a resurgence in cases, we’ve maintained both low hospitalizations and a low rate of positive cases,” Cuomo said. Texas Infections Jump by More Than 10,000 (5 p.m. NY)New cases in Texas topped 10,000 for the first time, rising by 5%, or 10,028, from Monday to 210,585. That exceeded the seven-day average daily increase of 3.9%. Sixty more people died, a 2.3% increase, versus an average 1.4% rise over the previous seven days. An additional 588 hospitalized with Covid-19 also topped the state’s seven-day average.In Houston, the state’s largest metropolitan area and home of the most severe outbreak, virus patients continued to rise in area intensive-care units. With the normal supply of ICU beds full, hospitals there are moving into surge capacity, filling another 9% of “Phase 2” beds, according to data reported Tuesday by the Texas Medical Center, which includes more than 20 local hospitals.The State Fair of Texas, an annual fall event in Dallas that brings as much as a $500 million boost to the region’s economy, was canceled on Tuesday. A poll conducted in the last days of June by the University of Texas at Austin found a continuing sharp divide between how Republicans and Democrats perceive the pandemic, with 76% of Republicans saying efforts to deal with the coronavirus are going well, compared with 84% of Democrats who say it’s going badly.U.S. Cases Rise 1.8% (4 p.m. NY)Coronavirus cases in the U.S. rose 1.8% as compared to the same time yesterday to 2.96 million, according to data collected by Johns Hopkins University and Bloomberg News. That matched the average daily increase over the past week and marked a fourth day in which new cases topped 50,000. Deaths rose 0.6% to 130,813.Florida had 213,794 cases, up 3.6% from a day earlier, compared with an average increase of 5% in the previous seven days, according to state health officials. Deaths reached 3,841, an increase of 1.7%.Arizona health officials reported 3,653 new cases, bringing that total to 105,094, a 3.6% increase that was lower than the prior seven-day average of 4.5%. Deaths rose by a record 117, to 1,927.Montana cases rose 6.2% to a total 1,327, according to the data compiled by Johns Hopkins and Bloomberg News.U.S. Starts Clock to Quit WHO (3:49 p.m. NY)The Trump administration sent a letter giving the United Nations a one-year notice for the U.S. to quit the World Health Organization, formalizing President Donald Trump’s decision to leave the agency even as the coronavirus rages.The administration sent the letter to UN Secretary-General Antonio Guterres, making the U.S. withdrawal official on July 6, 2021, according to Stephane Dujarric, the secretary-general’s spokesman. It’s almost certain that Democratic rival Joe Biden will reverse Trump’s decision if he’s elected in November.California Hospitalizations Rise (3:17 p.m. NY)California reported a 3.4% daily jump in virus hospitalizations, to a record 5,989 patients, according to state data. The number of patients in intensive-care units climbed 2% to 1,740.The state added 6,090 confirmed cases for July 6, less than the 14-day average of 6,648 per day. The rate of positive tests over the past 14 days rose to 6.8% from 6.7% the prior day and about 4.8% two weeks earlier.San Francisco said it will delay plans to open indoor dining and outdoor bars as planned on July 13. The city’s number of new cases per day per 100,000 people has jumped to 6.1, a sharp rise from 3.5 when reopening began on May 18.N.J. Transmission Rate Up Again (2:57 p.m. NY)New Jersey’s virus transmission rate rose again to 1.05, the highest in about ten weeks, according to Governor Phil Murphy’s office. The rate was 1.03 on Monday, the first time since mid-March it had a rate where each case is causing at least one other new infection. Weeks ago, the rate was 0.64.Regeneron Antibody Gets U.S. Support (1:27 p.m. NY)An experimental antibody therapy from Regeneron Pharmaceuticals Inc. received a $450 million contract from the U.S. government to start amping up production. The move may signal a new plan of attack for the Trump Administration to concentrate on so-called “neutralizing” antibodies that are tailored to mimic immune responses to the virus.Other companies racing to come up with antibody treatments include AstraZeneca Plc and Vir Biotechnology Inc. in partnership with GlaxoSmithKline Plc.Theater Operators Sue N.J. to Open (12:55 p.m. NY)Movie theater operators AMC Entertainment Holdings Inc., Cinemark Holdings Inc. and Regal Cinemas Inc. sued New Jersey for keeping cinemas closed due to the risk of coronavirus spread while allowing stores, shopping malls and churches to reopen. They argue that going to the movies is less risky than attending organized religious services and ceremonies, which were allowed to resume in late June.WHO Sending Mission to China (12:30 p.m. NY)The World Health Organization will send a mission to China this weekend to begin preparations to study the animal origins of the virus, a controversial issue.The objective is to “ascertain how it jumped between animals and humans,” Director-General Tedros Adhanom Ghebreyesus said in a briefing. The WHO has said the group will include an epidemiological expert with a background in field investigations of epidemics, and an expert on animal health.Gene May Boost Male Risk (12:28 p.m. NY)In the latest peek into the genetics of Covid-19, testing giant Ancestry.com LLC has identified a DNA region that may explain why the virus appears to impact men more than women. The region was associated with 44% higher odds of Covid-19 susceptibility in males. Women with the same DNA difference didn’t show any increased risk of infection.Arizona Reports Record Deaths (12:02 p.m. NY)Arizona health authorities on Tuesday reported 117 new deaths, a record number that brings the total to 1,927. The previous single-day high was 88 fatalities, reported July 1. There were 3,653 new cases, bringing that total to 105,094, a 3.6% increase that was lower than the prior seven-day average of 4.5%.Brown Latest School to Plan Opening (11:46 a.m. NY)Brown University is implementing a three-term academic model for the coming year, becoming the latest Ivy League school to plan for the upcoming term. Undergraduates will be on campus for two of the three terms, and the school said it will “de-densify” spaces on its Providence, Rhode Island campus.On Monday, Harvard and Princetonsaid they planned to bring back a portion of their undergraduate populations for the upcoming semester.Brazil’s Bolsonaro Tests Positive (11:19 a.m. NY)Brazil President Jair Bolsonaro tested positive for Covid-19 in an escalation of the health crisis that has engulfed Latin America’s largest economy. “I’m perfectly well,” the 65-year-old Bolsonaro told CNN Brasil in a live interview, after announcing the result of his test.Brazil is a global hotspot for the virus, trailing only the U.S. with more than 65,000 confirmed deaths and over 1.62 million total cases.Positive Cases Jump in Florida (10:50 a.m.)The percentage of Florida Covid-19 tests coming back positive jumped in the latest report Tuesday, undermining Governor Ron DeSantis’s claim that the crisis is not getting worse.The new rate of people testing positive for the first time climbed to 16.3% for Monday, from 15% on Sunday. It’s now at the highest on record, according to data compiled by Bloomberg, which goes back to early April. Florida reported 213,794 cases on Tuesday, up 3.6% from a day earlier. On a rolling seven-day basis, Florida’s new cases reached 61,360, the highest ever. Deaths reached 3,841, an increase of 1.7%.NY Adds to Quarantine List (10:30 a.m. NY)New York added Delaware, Kansas and Oklahoma to its quarantine list. The state reported 588 new cases on Tuesday. The 0.1% increase was below the 0.2% average increase in the previous seven days and in line with Monday’s figures.U.K. Should Aim for Zero Cases, Scientists Say (9:52 a.m. NY)A group of scientists said the U.K. government needs to be more ambitious in its efforts to prevent Covid-19 and start aiming for complete eradication.
- 07/07/2020
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AMC, Cinemark and Regal file lawsuit against New Jersey to reopen
- The lawsuit, which was filed on Monday in federal court in Trenton, New Jersey, alleges that the theaters should be allowed to reopen due to First Amendment rights.
- 07/07/2020
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Movie theater chains sue New Jersey over coronavirus-related closures
- Six movie theater chains, including AMC Entertainment, Cinemark and Regal Cinemas, have sued New Jersey Governor Phil Murphy for refusing to let them resume operations, even after allowing churches, retailers and indoor shopping malls to reopen during the coronavirus pandemic. Led by the National Association of Theatre Owners, the lawsuit is the industry's first resulting from the pandemic. The chains said New Jersey has also allowed the reopening of other businesses, including aquariums, libraries and museums, subject to face covering and social distancing requirements to prevent COVID-19, though fitness centers, gyms and performing arts centers remain closed.
- 07/07/2020
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Regal, AMC, and Cinemark Suing New Jersey For Continued Shutdowns
- Movie theaters take on New Jersey.
- 07/07/2020
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Movie theater giants say requiring New Jersey theaters to remain closed is unconstitutional
- AMC, Cinemark and Regal are among a group that filed a complaint Monday night arguing it is unconstitutional to keep movie theaters in New Jersey closed when similar spaces, like places of workshop, have reopened.
- 07/07/2020
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MLS dealt another blow as more players opt out of season restart
- MLS dealt another blow as more players opt out of season restart
- 07/07/2020
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Cinemark Holdings, Inc. (NYSE:CNK) Shares Acquired by New Mexico Educational Retirement Board
- New Mexico Educational Retirement Board lifted its position in shares of Cinemark Holdings, Inc. (NYSE:CNK) by 38.0% in the first quarter, Holdings Channel reports. The institutional investor owned 25,400 shares of the company’s stock after acquiring an additional 7,000 shares during the quarter. New Mexico Educational Retirement Board’s holdings in Cinemark were worth $259,000 at […]
- 07/05/2020
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Cinemark (NYSE:CNK) Raised to Strong-Buy at ValuEngine
- Cinemark (NYSE:CNK) was upgraded by equities research analysts at ValuEngine from a “buy” rating to a “strong-buy” rating in a research note issued on Friday, ValuEngine reports. A number of other analysts also recently issued reports on CNK. Credit Suisse Group downgraded shares of Cinemark from an “outperform” rating to a “neutral” rating and lowered […]
- 07/03/2020
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Russo Bros wary of returning to theatres amid COVID-19
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Why Cinemark Holdings Is Jumping 11% Today | The Motley Fool
- Theater operators are counting on Hollywood to deliver blockbusters and bring moviegoers back.
- 07/01/2020
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B.Riley FBR Maintains a Buy Rating on MasterCraft Boat Holdings (MCFT) - Markets
- In a report issued on June 29, Eric Wold from B.Riley FBR maintained a Buy rating on MasterCraft Boat Holdings
- 07/01/2020
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Marinemax (HZO) Receives a Buy from B.Riley FBR - Markets
- B.Riley FBR analyst Eric Wold maintained a Buy rating on Marinemax (HZO – Research Report) on June 29 and set
- 07/01/2020
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Star Trek Red Shirt Meme Sends Clear Message About The Importance of COVID-19 Face Masks
- Red shirts are typically the first to die.
- 07/01/2020
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Coronavirus update: Pandemic is ‘not even close to being over,’ says WHO head, urging better testing — and face masks
- The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what...
- 07/01/2020
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Police chief, sheriff tell different versions of what happened during Cleveland protests: The Wake Up for Wednesday, July 1, 2020
- Cuyahoga County Sheriff David Schilling Jr. contradicted Cleveland Police Chief Calvin Williams’ earlier assertion that protestors breached the downtown Justice Center complex during a May 30 demonstration. Read about this and other stories on cleveland.com's morning newsletter The Wake Up.
- 07/01/2020
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Movie Theaters Get a Painful Extended Intermission
- Movie theater operators have encountered a few bumps on their road to recovery, including the delayed film openings and an increase in Covid-19 cases across the U.S.
- 07/01/2020
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Online Movie Ticketing Service Market 2020-2024 | Increased Use of Mobile Applications to Boost Growth | Technavio
- The Global Online Movie Ticketing Service Market will grow by USD 14.8 bn during 2020-2024
- 07/01/2020
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Coronavirus update: Pandemic is ‘not even close to being over,’ says WHO head, urging better testing — and face masks
- The coronavirus pandemic is “not even close to being over,” according to the head of the World Health Organization, and the worst is still to come, in what was a grim assessment of the state of affairs some six months after the first cases were reported in China.
- 06/30/2020
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Cinemark Now Requiring All Guests To Wear Face Masks
- Following big circuits AMC and Regal, Cinemark has reversed its face mask policy for guests as the chain plans its reopening from the COVID-19 shutdown. “For the safety of our guests, employe…
- 06/30/2020
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AMC Delays Theatre Openings; Top Analyst Cuts Price Target
- AMC Entertainment (AMC) announced today that it will delay theatre openings until the end of July after two studios decided to postpone the release of
- 06/30/2020
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Cinemark to reopen movie theaters, pizza continues to sell
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus.
________________________
MOVIE TIME: Cinemark Holdings will reopen some of its U.S. movie theaters on July 24, with additional theaters reopening in subsequent weeks.
All theaters will reopen with elevated cleaning and safety standards.
Cinemark runs 555 theaters in 41 states and 15 countries throughout South and Central America. Rival AMC is also planning to reopen some of its movie theaters next month.
DEAL DELAY: Online services Yahoo Japan and Line Corp. said Tuesday that fallout from the pandemic is causing delays that will push back their merger to later than the scheduled October date.
Z Holdings Corp., which operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, announced last year the merger as equal partners that will form a joint venture through a tender offer.
Both sides said procedures required under law were getting delayed because of the outbreak.
"Due in part to the impact of the global spread of COVID19, the procedures and measures under the competition laws of some of the countries have not been completed," their statement said.
A new schedule will be announced as soon as possible, they said.
SALES UPDATE:
- Papa John's second-quarter comparable sales at domestic-company owned restaurants are up 22.6%. At North America franchised restaurants, the figure is up 29.6%.
The pizza company said Tuesday that almost all traditional restaurants in North America remain open and fully operational. A number of its non-traditional restaurants located in universities and stadiums are temporarily closed....
- 06/30/2020
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Cinemark plans to start reopening movie theaters on July 24
- Cinemark will start reopening movie theaters on July 24 after mass shutdowns due to the coronavirus pandemic, the company said Tuesday.
- 06/30/2020
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Cinemark to reopen movie theaters, pizza continues to sell
- Cinemark Holdings will reopen some of its U.S. movie theaters on July 24, with additional theaters reopening in subsequent weeks
- 06/30/2020
|
Cinemark to reopen movie theaters, pizza continues to sell
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and the spread of the virus.
________________________
MOVIE TIME: Cinemark Holdings will reopen some of its U.S. movie theaters on July 24, with additional theaters reopening in subsequent weeks.
All theaters will reopen with elevated cleaning and safety standards.
Cinemark runs 555 theaters in 41 states and 15 countries throughout South and Central America. Rival AMC is also planning to reopen some of its movie theaters next month.
DEAL DELAY: Online services Yahoo Japan and Line Corp. said Tuesday that fallout from the pandemic is causing delays that will push back their merger to later than the scheduled October date.
Z Holdings Corp., which operates Yahoo Japan, and Naver Corp. of South Korea, which owns a majority stake in Line, announced last year the merger as equal partners that will form a joint venture through a tender offer.
Both sides said procedures required under law were getting delayed because of the outbreak.
"Due in part to the impact of the global spread of COVID19, the procedures and measures under the competition laws of some of the countries have not been completed," their statement said.
A new schedule will be announced as soon as possible, they said.
SALES UPDATE:
- Papa John's second-quarter comparable sales at domestic-company owned restaurants are up 22.6%. At North America franchised restaurants, the figure is up 29.6%.
The pizza company said Tuesday that almost all traditional restaurants in North America remain open and fully operational. A number of its non-traditional restaurants located in universities and stadiums are temporarily closed....
- 06/30/2020
|
Cinemark to reopen movie theaters, pizza continues to sell
- The outbreak of the coronavirus has dealt a shock to the global economy with unprecedented speed. Following are developments Tuesday related to the national and global response, the work place and...
- 06/30/2020
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AMC, Cinemark Delay Theater Reopening Dates
- Both theater chains have pushed back reopening dates for their multiplexes.
- 06/30/2020
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AMC, Cinemark, Regal push back movie theater reopenings
- The moves come after Warner Bros. pushed the release of Christopher Nolan's "Tenet" to August 12.
- 06/30/2020
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Cinemark Updates Reopening Plan: Library Titles Start July 24, New Releases July 31
- Cinemark, the No. 3 U.S. exhibitor, has updated its reopening timeline, slating July 24 for the restart with library fare and July 31 as the first date for new releases. The revised dates keep Cine…
- 06/30/2020
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Cinemark to reopen its cinemas staring July 24
- Cinemark Holdings Inc. shares undefined rose 1.3% in premarket trade Tuesday, after the cinema chain operator said it plans to reopen theaters that were...
- 06/30/2020
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Cinemark to reopen its cinemas staring July 24
- Cinemark Holdings Inc. shares rose 1.3% in premarket trade Tuesday, after the cinema chain operator said it plans to reopen theaters that were closed during the pandemic starting July 24. The Plano, Texas-based company said its cinemas will have enhanced cleaning and safety protcols and will take a phased approach to reopening. The company will screen "Unhinged" on July 31, "The Broken Hearts Gallery" on Aug. 7, followed by "Tenet: on Aug. 12, "Mulan" on Aug. 21, "Bill & Ted Face the Music" on Aug. 28, and "A Quiet Place Part II" on Sept. 4. Shares have fallen 66% year-to-date, while the S&P; 500 has fallen 6%.
- 06/30/2020
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Cinemark Updates Phased Reopening Timeline to Begin July 24
- Cinemark today announced it will update the phased reopening of its U.S. theatres as a result of recent shifts in new studio content.
- 06/30/2020
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Cinemark (NYSE:CNK) Downgraded to Neutral at Credit Suisse Group
- Credit Suisse Group lowered shares of Cinemark (NYSE:CNK) from an outperform rating to a neutral rating in a research report sent to investors on Monday, BenzingaRatingsTable reports. The brokerage currently has $13.00 price objective on the stock, down from their prior price objective of $20.00. CNK has been the subject of several other reports. MKM […]
- 06/30/2020
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Cinemark Updates Phased Reopening Timeline to Begin July 24
- Cinemark today announced it will update the phased reopening of its U.S. theatres as a result of recent shifts in new studio content.
- 06/30/2020
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Expect More Box-Office Pain, Analyst Says. 2 Theater Chains’ Stocks Are Downgraded.
- Credit Suisse analyst Meghan Durkin lowered her forecast for 2020 box-office revenue.
- 06/29/2020
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AMC Movie Theaters Push Reopening Date By 2 Weeks After Tenet & Mulan Delays
- AMC was initially supposed to open on July 15.
- 06/29/2020
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AMC Entertainment : Delays Reopening Theaters to Late July | MarketScreener
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AMC Delays Reopening Theaters to Late July
- The largest theater chain in the U.S. is postponing plans to reopen its U.S. locations by about two weeks, to July 30, following date changes for the upcoming releases of two major films.
- 06/29/2020
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AMC Theatres Shifts Reopening Date To July 30 After ‘Tenet’ & ‘Mulan’ Delay
- As expected with NYC and LA cinemas still not opened, and Tenet, the first big event pic heading to Aug. 12, the No. 1 exhibitor in the U.S., Europe and the Middle East, AMC, will now reopen its ci…
- 06/29/2020
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25 Unexpected Places To Score Senior Discounts
- Some senior discounts offer savings to people ages 50 and older.
- 06/29/2020
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HGTV’s The Property Brothers To Talk TV And Design With Paley Center For Media
- HGTV’s popular Property Brothers, aka twins Drew and Jonathan Scott, will kick off a new series on the center’s
- 06/27/2020
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Disney's 'Mulan' delayed for third time, will now release on Aug 21
- The movie was originally scheduled to debut in theatres across the globe from March 26.
- 06/27/2020
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Summer's hottest blockbusters delayed as coronavirus cases rise
- It's a big blow to the movie theater industry, which has been waiting for Hollywood's biggest releases to hit theaters.
- 06/27/2020
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Coronavirus 27 de junio, minuto a minuto: una pandemia con más de 495.000 muertes
- El número de casos en América Latina se triplicó en el último mes, superando los 2 millones de contagios, según la Organización Panamericana de la Salud.
- 06/27/2020
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Disney pushes 'Mulan' to August
- Walt Disney Co postponed the debut of live-action movie Mulan until Aug. 21, the company said in a statement on Friday, a blow to theater operators who want blockbuster movies to draw audiences from their homes in the middle of a pandemic.
- 06/27/2020
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US movie theaters prepare to switch the lights back on, but hurdles remain
- The theater business has been devastated by the coronavirus shutdowns that began in mid-March, laying off tens of thousands of employees and borrowing funds to stay afloat.
- 06/27/2020
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'Mulan' follows 'Tenet' to August, ending Hollywood's summer
- Hollywood's hopes for salvaging its summer season have effectively ended after the releases of both Christopher Nolan's "Tenet" and the Walt Disney Co.'s live-action reboot of "Mulan" were again delayed.
- 06/27/2020
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Summer movie blockbusters delayed again as Disney pushes 'Mulan' to August
- Walt Disney Co postponed the debut of live-action movie "Mulan" until Aug. 21, the company said in a statement on Friday, a blow to theater operators who want blockbuster movies to draw audiences from their homes in the middle of a pandemic.
- 06/27/2020
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Mulan to now release on August 21
- Disney's Mulan, which was initially planned to open in March, had been slated for July 24. However, now the film's release has been pushed to August 21.
- 06/27/2020
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'Mulan' follows 'Tenet' to August, ending Hollywood's summer
- Hollywood's hopes for salvaging its summer season have effectively ended after the releases of both Christopher Nolan's “Tenet” and the Walt Disney Co.'s live-action reboot of “Mulan” were again delayed.
- 06/27/2020
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Entrenador campeón del mundo argentino Carlos Bilardo da positivo de coronavirus
- Carlos Salvador Bilardo, el entrenador campeón del mundo con el seleccionado argentino de fútbol en el que brilló Diego Maradona en 1986, dio positivo de coronavirus aunque se encuentra estable, informó el viernes a Reuters una fuente cercana a la familia.
- 06/27/2020
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Disney Postpones 'Mulan,' Leaving Hollywood Without Major Releases Until August | MarketScreener
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Disney Postpones ‘Mulan,’ Leaving Hollywood Without Major Releases Until August
- Walt Disney said Friday it was again postponing the release of its “Mulan” reboot, the second such delay in a week that confirmed that Hollywood’s hopes to be back in the theatrical business by next month won’t come to fruition.
- 06/27/2020
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U.S. movie theaters prepare to switch the lights back on, but hurdles remain
- When the 60-person Arena Cinelounge in Los Angeles opens again for the first time in months, more than a dozen seats will be filled by cardboard cutouts of James Dean, Charlie Chaplin and other Hollywood icons.
- 06/27/2020
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'Mulan' follows 'Tenet' to August, ending Hollywood's summer
- Hollywood's hopes for salvaging its summer season have effectively ended after the releases of both Christopher Nolan's “Tenet” and the Walt Disney Co.'s live-action reboot of “Mulan” were again delayed.
- 06/27/2020
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Summer movie blockbusters delayed again as Disney pushes 'Mulan' to August
- Walt Disney Co postponed the debut of live-action movie "Mulan" until Aug. 21, the company said in a statement on Friday, a blow to theater operators who want blockbuster movies to draw audiences from their homes in the middle of a pandemic.
- 06/27/2020
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'Mulan' theatrical release pushed to August, Disney says
- Disney's live-action remake of the 1998 animated film will now debut in theaters on Aug. 21, the studio said in a statement.
- 06/26/2020
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U.S. movie theaters prepare to switch the lights back on, but hurdles remain
- The seating arrangement, designed to encourage social distancing among the 15 real-life patrons who will be allowed into each screening, is one of the new safety measures theaters are putting in place to reduce the chance of coronavirus spread. "We're going above and beyond to make sure that everything is spotless and that audiences feel comfortable and safe being with us for two to three hours," owner Christian Meoli said.
- 06/26/2020
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Summer movie blockbusters delayed again as Disney pushes 'Mulan' to August
- "Mulan" was scheduled to debut in March but was postponed until July 24 when the coronavirus outbreak forced theaters around the world to close. "While the pandemic has changed our release plans for 'Mulan' and we will continue to be flexible as conditions require, it has not changed our belief in the power of this film and its message of hope and perseverance," Alan Horn and Alan Bergman, co-chairmen of Walt Disney Studios, said in a statement.
- 06/26/2020
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‘Mulan’ Release Date Postponed Again
- Disney has delayed the theatrical release of “Mulan” for a third time, officially putting an end to Hollywood’s hopes of salvaging a summer movie season. The film will now hit theaters on Aug. 21. The studio’s live-action remake was slated to debuted in theaters on July 24. The move comes after news that Warner Bros. […]
- 06/26/2020
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