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Stock Market & Financial Investment News

News Breaks
January 8, 2013
13:32 EDTMCSMarcus increases share repurchase program
Marcus announced that its board has authorized the repurchase of up to 3M additional shares of the company's outstanding common stock. As of December 31, 2012, the company had 18,480,658 shares of common stock outstanding and 8,773,073 shares of Class B common stock outstanding.
News For MCS From The Last 14 Days
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April 16, 2015
13:18 EDTMCSMarcus increases quarterly dividend by 10.5% to 10.5c
Marcus board declared a regular quarterly cash dividend of 10.5c per share of common stock, a 10.5% increase from the prior dividend rate of 9.5c per share of common stock. The first dividend at the new rate will be paid May 15, 2015 to shareholders of record on April 27, 2015.
April 13, 2015
10:00 EDTMCSOn The Fly: Analyst Downgrade Summary
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09:01 EDTMCSMarcus downgraded to Neutral from Buy at B. Riley
B. Riley downgraded Marcus to Neutral and lowered its price target to $22.75 from $25. The firm said exhibitors have rallied through the strong Q1 box office and valuations are pricing in a perfect 2015 and 2016. B. Riley adjusted 2016 estimates due to continued film slate uncertainties and said industry weakness has historically been more of a driver of multiples than individual performance.
April 9, 2015
08:04 EDTMCSScreenvision signs new long-term exhibitor agreements with Marcus and Reading
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