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Stock Market & Financial Investment News

News Breaks
March 18, 2014
09:07 EDTMCSMarcus unit to invest $50M by end of FY14
Marcus Theatres, a division of Marcus, is investing $50M by the end of FY14 in May to further enhance customer amenities across its 55 locations and 685 screens in Wisconsin, Illinois, Iowa, Minnesota, Nebraska, North Dakota and Ohio. Investments by May include equipping DreamLoungerSM recliners in eight theaters by the end of May with more planned for FY15 starting in June. Marcus Theatres will have 11 UltraScreen DLX screens and 9 traditional UltraScreens in operation by May with more planned for FY15. Marcus Theatres will double its number of Take Five Lounges to 12 by the end of May, with more scheduled in the coming year. By the end of May, the company will have Zaffiro’s Express in 12 theatres with further expansion plans in the year ahead.
News For MCS From The Last 14 Days
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July 29, 2015
13:34 EDTMCSMarcus to sell Hotel Phillips in Kansas City, terms not disclosed
The Marcus Corporation announced it has signed an agreement for the sale of the Hotel Phillips in Kansas City, Mo. to an affiliate of Chicago-based Arbor Lodging Partners, a national owner and manager of hotels that makes both debt and equity investments in hospitality properties. Terms of the transaction were not disclosed. The sale and transition of management is expected to occur on or about September 1.
July 24, 2015
10:00 EDTMCSOn The Fly: Analyst Upgrade Summary
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05:40 EDTMCSMarcus upgraded to Buy from Neutral at B. Riley
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July 23, 2015
07:46 EDTMCSMarcus reports Q4 EPS 12c, consensus 17c
Reports Q4 revenue $120.08M, consensus $116.89M.

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