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Stock Market & Financial Investment News

News Breaks
March 31, 2014
13:33 EDTIMAX, RGC, CNK, CKEC, AMCIMAX 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
Check below for free stories on IMAX;RGC;CNK;CKEC;AMC the last two weeks.
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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
07:33 EDTAMC, IMAXIMAX and AMC Entertainment sign 11-theatre deal
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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
August 13, 2014
07:31 EDTIMAXIMAX and Cinepolis sign three-theatre agreement
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