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Stock Market & Financial Investment News

News Breaks
February 4, 2013
10:01 EDTCIDMCinedigm Digital and Voltage Pictures enter distribution deal
Cinedigm and Voltage Pictures have entered into a three-year, five-picture output deal with new genre label Rapid Eye Film. Rapid Eye Film, founded by filmmaker Marco Weber will develop, finance and produce the films, and Cinedigm will provide a US theatrical release and subsequent roll out across on-demand, digital, TV and DVD.
News For CIDM From The Last 14 Days
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May 4, 2015
05:55 EDTCIDMCinedigm content business not reflected in shares, says Piper Jaffray
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May 1, 2015
16:04 EDTCIDMWolverine reports 6% passive stake in Cinedigm
April 30, 2015
10:36 EDTCIDMOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ARRIS (ARRS) upgraded to Strong Buy from Outperform at Raymond James... Acadia (ACHC) upgraded to Outperform from Market Perform at Wells Fargo... Alexandria Real Estate (ARE) upgraded to Buy from Neutral at Mizuho... Axiall (AXLL) upgraded to Buy from Neutral at Citigroup... British American Tobacco (BTI) upgraded to Buy from Hold at Societe Generale... Buffalo Wild Wings (BWLD) upgraded at Baird... CBIZ, Inc. (CBZ) upgraded to Overweight from Equal-Weight at First Analysis... Cameco (CCJ) upgraded to Outperform from Market Perform at Raymond James... Cinedigm (CIDM) upgraded to Outperform from Neutral at Macquarie... Commerzbank (CRZBY) upgraded to Neutral from Sell at Goldman... Equity One (EQY) upgraded to Neutral from Underperform at Credit Suisse... Garmin (GRMN) upgraded to Market Perform from Underperform at Raymond James... Genworth (GNW) upgraded to Buy from Neutral at Compass Point... Group 1 Automotive (GPI) upgraded to Neutral from Sell at Goldman... JetBlue (JBLU) upgraded to Outperform from Neutral at Credit Suisse... KBR (KBR) upgraded to Buy from Hold at Johnson Rice... Michelin (MGDDY) upgraded to Outperform from Neutral at Exane BNP Paribas... Mondelez (MDLZ) upgraded to Buy from Hold at Deutsche Bank... Nabors Industries (NBR) upgraded to Neutral from Reduce at Global Hunter... Office Depot (ODP) upgraded to Buy from Hold at Jefferies... PCTEL, Inc. (PCTI) upgraded to Buy from Neutral at B. Riley... Patterson-UTI (PTEN) upgraded to Buy from Accumulate at Global Hunter... Progressive (PGR) upgraded to Buy from Neutral at UBS... Santander Consumer (SC) upgraded to Outperform from Neutral at Macquarie... Spirit Airlines (SAVE) upgraded at Evercore ISI... Staples (SPLS) upgraded to Buy from Hold at Jefferies.
07:09 EDTCIDMCinedigm upgraded to Outperform from Neutral at Macquarie
Macquarie upgraded Cinedigm to Outperform based on an improved balance sheet. The firm said the convertible issue strengthens the balance sheet and funds the OTT strategy, allowing it to attract larger brands as channel partners. Macquarie lowered its price target to $1.10 from $1.80.
April 29, 2015
09:09 EDTCIDMCinedigm to host conference call
Conference call to discuss the recent private offering of 5.5% convertible senior notes due 2035 will be held on April 29 at 4:30 pm. Webcast Link
April 23, 2015
07:42 EDTCIDMCinedigm announces $60M private offering of convertible senior notes due 2035
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