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Stock Market & Financial Investment News

News Breaks
March 31, 2014
13:33 EDTCKEC, IMAX, CNK, AMC, RGCIMAX climbs after JPMorgan recommends buying shares
Shares of IMAX (IMAX) rising after JPMorgan recommended buying the stock following its recent decline. WHAT'S NEW: After meeting with IMAX's management, JPMorgan thinks the stock has reached an attractive entry point after dropping 11% in 2014, prior to today's open. Investing in IMAX is the best way to benefit from what should be a strong year for movies in 2015, the firm contended. IMAX is poised to benefit from its focus on the largest films, and from strong demand for movies in China and other emerging markets, the firm predicted. JPMorgan increased its first quarter estimates for IMAX, citing strong performances by "Noah," "Captain America," and "Need for Speed." JPMorgan reiterated an Overweight rating on IMAX. WHAT'S NOTABLE: Other movie theater operators include Regal Entertainment (RGC), Cinemark (CNK), Carmike (CKEC), and AMC (AMC). PRICE ACTION: In mid-afternoon trading, IMAX rose 88c, or 3.3%, to $27.20.
News For IMAX;RGC;CNK;CKEC;AMC From The Last 14 Days
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March 4, 2015
09:30 EDTRGCRegal Entertainment and MovieTickets.com announce partnership
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March 2, 2015
16:06 EDTCKECCarmike Cinemas reports Q4 adjusted EPS (4c), consensus 20c
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February 27, 2015
09:30 EDTAMCAMC Entertainment initiated with an Outperform at Macquarie
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February 26, 2015
12:08 EDTIMAXIMAX management to meet with MKM Partners
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February 20, 2015
15:40 EDTAMCAMC Entertainment price target raised to $40 from $32 at Barrington
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