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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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May 19, 2015
12:50 EDTCNKCinemark management to meet with MKM Partners
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May 15, 2015
10:50 EDTCNKCinemark to construct new 14-screen movie theatre in Tucson, AZ
Cinemark Holdings announced plans to construct a Century branded, 14-screen, all-digital movie theatre that will feature Luxury Lounger reclining chairs in all auditoriums at the Tucson Marketplace at the Bridges, located at the northwest intersection of Interstate 10 and South Kino Parkway. The new theatre is scheduled to open in summer of 2016.
May 14, 2015
07:31 EDTIMAXIMAX and Vue International announces two-theatre agreement in England
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May 13, 2015
07:16 EDTCNKMoffett Nathanson to hold a summit
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07:10 EDTCKECB. Riley to hold a conference
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May 11, 2015
07:38 EDTIMAXIMAX and Huayi Brothers announce agreement for three theatres in China
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