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Stock Market & Financial Investment News

News Breaks
November 2, 2012
08:20 EDTIMAX, CNK, RGC, CKEC, RLD, DISDisney's 'Wreck-It Ralph' set to win weekend box office, LAT says
Disney's (DIS) "Wreck-It Ralph" should open to between $45M-$50M this weekend, according to pre-release surveys, though studio and theater executives are uncertain what impact Hurricane Sandy will have on attendance, reported The Los Angeles Times. Reference Link
News For DIS;CKEC;CNK;RLD;RGC;IMAX From The Last 14 Days
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April 28, 2015
08:12 EDTIMAXIMAX and Vox Cinemas announce agreement for three theatres
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April 27, 2015
17:14 EDTIMAXIMAX reports Avengers grossed $10.6M in 175 screens
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11:37 EDTDISESPN files breach of contract suit against Verizon, Re/code reports
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10:00 EDTDISOn The Fly: Analyst Upgrade Summary
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06:48 EDTDISDisney upgraded to Buy from Neutral at Guggenheim
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06:18 EDTDISDisney price target raised to $125 from $110 at Citigroup
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April 24, 2015
11:15 EDTDISDisney calls active on renewed Carl Icahn speculation
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11:03 EDTDISRumor: Disney active on renewed Carl Icahn speculation
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06:50 EDTDISDisney, Fox refuse to run FiOS commercials, NY Times says
Disney (DIS) and 21st Century Fox (FOXA) are refusing to run commercials for Verizon (VZ) FiOS' slimmed down, a la carte package on a number of their stations, according to The New York Times. Disney, Fox and Comcast (CMCSA) have objected to FiOS' new offering, the news service stated. Reference Link
April 23, 2015
07:32 EDTIMAXIMAX and Shanghai Film Corp. sign additional two-theatre agreement in China
IMAX signed an agreement with Shanghai Film Corporation for two IMAX theatres to be located in China. The theatres will be added to new construction projects in the cities of Shanghai and Beijing.
April 22, 2015
17:31 EDTDISNetflix renews 'Daredevil' for season two, Hollywood Reporter says
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12:51 EDTIMAXIMAX May volatility elevated into Q1 and outlook
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April 21, 2015
18:53 EDTDISFox, NBC say Verizon cable packages violate license terms, Washington Post says
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13:34 EDTDISEarnings Watch: Yahoo shares dropped more than 6.5% since last earnings report
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07:11 EDTCNK, RGC, RLD, CKEC, IMAXBarrington to host meetings at CinemaCon
Barrington-hosted Company Meetings at CinemaCon are being held in Las Vegas on April 21.
April 20, 2015
17:04 EDTDISOn The Fly: Top stock stories for Monday
Stocks on Wall Street were higher for the day, beginning the session sharply higher and remaining in positive territory throughout. China’s central bank announced a reduction in bank reserve requirements in an effort to increase liquidity and spur economic growth within the country. Following the open, the market moved in a relatively narrow range as investors await the latest round of earnings reports for one of the season's heavier weeks. ECONOMIC EVENTS: In the U.S., the Chicago Fed National Activity Index came in at 0.42 versus expectations for positive 0.1. In Asia, the People's Bank of China lowered its reserve requirement ratio, by 1 percentage point, the lowest since the financial crisis. Despite this, the Shanghai Composite Index fell 1.6% because regulators had already begun curbing speculative trading on Friday. COMPANY NEWS: Morgan Stanley (MS) advanced 0.57%, or 21c, to $36.96 after reporting earnings prior to the market open. The bank beat on both EPS and revenue, and also raised its dividend to 15c from 10c. CEO James Gorman was pleased with the quarter and cited growth across the majority of the company's operations. MAJOR MOVERS: Among the notable gainers was Hasbro (HAS), which rose 12.55% to end the session at $74.16 after reporting EPS and revenue in excess of analyst expectations. During its earnings conference call, the company appeared confident on its 2015 offerings which include Disney (DIS) Princess and Frozen product lines. Also higher was Rovi (ROVI), gaining 8.64% to close the day at $19.11 after renewing its licensing and program guide agreement with Charter (CHTR). Among the noteworthy losers was Caesars Entertainment (CZR), tumbling 17.01% to $10 after failing to reach an agreement on its restructuring. Also lower were a number of medical companies involved in the development of CAR-T cancer therapies, including Kite Pharma (KITE), Juno Therapeutics (JUNO), blue bird bio (BLUE), and ZIOPHARM Oncology (ZIOP). The drop followed disappointing, small-scale studies presented during the annual meeting of the American Association for Cancer Research. INDEXES: The Dow rose 208.63, or 1.17%, to 18,034.93, the Nasdaq advanced 62.79, or 1.27%, to 4,994.6, and the S&P 500 gained 19.22, or 0.92%, to 2,100.4.
08:15 EDTIMAXIMAX and Warner Bros. announce multi-picture agreement
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08:03 EDTCNK, RLDRealD, Cinemark announce agreement for GS cinema system in 20 auditoriums
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07:32 EDTIMAXIMAX and Empire Cinemas sign agreement to add three theatres in multiplexes
IMAX and Empire Cinemas announced an agreement for three IMAX theatres to be added to existing multiplexes in Basildon, Essex; Hemel Hempstead, Hertfordshire and Great Park, Birmingham, England. The deal brings to four theatres Empire Cinemas' IMAX footprint. The exhibitor's first IMAX theatre opened in May 2014 at the iconic Leicester Square Cinema.
06:03 EDTDISESPN raises objections to Verizon FiOS TV packages, WSJ reports
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