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Stock Market & Financial Investment News

News Breaks
July 7, 2014
06:36 EDTCNKCinemark downgraded to Neutral from Buy at B. Riley
News For CNK From The Last 14 Days
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August 2, 2015
20:09 EDTCNKParamount sticks to shortened schedule despite theater pushback, LA Times says
In an interview with the LA Times published Saturday, Viacom's (VIA, VIAB) Paramount Pictures chairman Rob Moore defended his company's recent decision to accelerate the home release of movies, saying, "We have a generation growing up who consume entertainment in a very specific way and they aren't making plans for six weeks from now. They are making their plans for six hours from now and we in the motion picture industry have to adapt." The report notes that after Paramount announced plans to significantly reduce the lag time between theater and home releases, both Regal (RGC) and Cinemark (CNK) flatly rejected the idea. Reference Link
July 22, 2015
10:01 EDTCNKOn The Fly: Analyst Initiation Summary
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08:40 EDTCNKCinemark initiated with a Buy at Benchmark Co.
Target $49.13.

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