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Stock Market & Financial Investment News

News Breaks
March 31, 2014
13:33 EDTAMC, RGC, CKEC, IMAX, CNKIMAX 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 24, 2015
11:02 EDTCKECCarmike Cinemas management to meet with Piper Jaffray
Meeting to be held in New York on March 27 hosted by Piper Jaffray.
March 23, 2015
11:27 EDTCKECCarmike Cinemas management to meet with Benchmark Co.
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March 20, 2015
10:30 EDTCKECCarmike Cinemas management to meet with Topeka
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March 19, 2015
07:23 EDTIMAXEvercore ISI to hold a tour
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