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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:51 EDTCNKCinemark volatility would bring trading opportunity, says Janney Capital
Janney Capital says Cinemark's Q4 adjusted EBITDA, excluding Mexico sale costs, of $147.1M beat consensus and the firm would view any volatility in the shares as a trading opportunity ahead of 2015's promising film slate. The firm lowered its 2014/2015 estimates and took its fair value estimate on shares down to $42.50 from $44.50 but maintains a Buy rating on Cinemark.
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August 18, 2014
17:32 EDTCNKCinemark liability in Aurora, CO shootings to be decided by jury, WSJ says
A federal judge ruled that a jury should decide if Cinemark is liable for the deaths of 12 customers in the 2012 shooting in Aurora, Colorado, reports the Wall Street Journal. Reference Link
August 17, 2014
18:16 EDTCNKCinemark could get boost next year, Barron's says
Cinemark could see a boost in share price as highly-anticipated movies are released and the company is successful in showing alternative content in theaters, Barron's contends in its "The Trader" column, citing Matthew Harrigan from Wunderlich Securities. Reference Link

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