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Stock Market & Financial Investment News

News Breaks
July 2, 2014
08:15 EDTRSE, CNKRouse Properties enters lease agreement with Cinemark
Rouse Properties (RSE) announced it has entered into a lease agreement with Cinemark Holdings (CNK) to open a 12-screen, all-digital theatre featuring Cinemark’s NextGen cinema design concept and XD auditorium at Southland Center, a leading shopping center serving Southern Wayne County, Michigan. The approximately 50K square foot theatre equipped with fully reclining, leather loungers is expected to open in fall 2015.
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July 18, 2014
09:14 EDTCNKCinemark benefiting from Latin America strength, says MKM Partners
MKM Partners believes that Cinemark's Latin America business is regaining momentum, which should help mitigate the impact of weaker U.S. box office trends. The firm expects the company's to benefit from a strong content cycle beginning next year, as well as free cash flow growth over the next several years. It keeps a Buy rating on the shares.

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