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News Breaks
July 18, 2014
09:14 EDTCNKCinemark benefiting from Latin America strength, says MKM Partners
MKM Partners believes that Cinemark's Latin America business is regaining momentum, which should help mitigate the impact of weaker U.S. box office trends. The firm expects the company's to benefit from a strong content cycle beginning next year, as well as free cash flow growth over the next several years. It keeps a Buy rating on the shares.
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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