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Stock Market & Financial Investment News

News Breaks
March 31, 2014
07:44 EDTIMAXIMAX recent weakness a buying opportunity, says JPMorgan
JPMorgan views the year-to-date pullback in shares of IMAX as a buying opportunity. The firm believes IMAX is performing well in China while the stock represents the best way to play the "promising" 2015 box office. JPMorgan keeps an Overweight rating on IMAX with a $32 price target.
News For IMAX From The Last 14 Days
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February 11, 2016
07:37 EDTIMAXIMAX and T-Joy co. Ltd. enters into two-theatre agreement
IMAX and T-Joy Co., a subsidiary of Toei Company, Japan's film production and distribution company, and one of Japan's largest exhibitors, announced an agreement for two IMAX theatres. The theatres will be added to existing T-Joy complexes in the cities of Tokyo and Yokohama, Japan, and brings to 42, the total number of IMAX screens in the country, of which 25 theatres are currently open and 17 are contracted to open. The deal marks the first exhibition agreement with Toei Company Ltd. The parties first joined forces in 2013 for the IMAX release of Toei's Dragon Ball Z: Battle of Gods, which marked the first IMAX local-language release in Japan. The film was followed with the 2015 IMAX release of Toei's Dragon Ball Z: Resurrection F. Both films were the highest-grossing titles in Japan during their respective opening weekends.
February 4, 2016
07:38 EDTIMAXIMAX announces agreement for two new IMAX theatres in UAE
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February 1, 2016
07:35 EDTIMAXIMAX, Discovery enter global distribution, marketing partnership
IMAX (IMAX) announced a distribution and marketing partnership, which provides Discovery Communications' (DISCA, DISCB, DISCK) flagship network Discovery Channel with 18 months of exclusive paid global television rights for up to 10 IMAX documentary films to be released through the IMAX Original Film Fund, following the titles' theatrical release across the IMAX institutional theatre network. The alliance marks IMAX's first television distribution agreement for original content. Under the partnership agreement, Discovery Channel will air IMAX documentaries worldwide following their theatrical IMAX release, and consult on development, production and marketing. The IMAX Original Film Fund was established in 2014 to deliver new educational documentaries for the Company's institutional partners, which include many of the world's most prestigious museums, science centers and aquariums. The Fund will finance an ongoing supply of educational documentaries that push the envelope of traditional documentary filmmaking for a new generation of moviegoers.

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