AMC Stock Slides After Theater Chain Files to Sell 425 Million APEs

The combined value of AMC Entertainment Holdings Inc. and its APE units ticked down around 7% in midday trading. The cinema chain [disclosed in filings with the Securities and Exchange Commission Monday](https://www.sec.gov/Archives/edgar/data/1411579/000110465922102833/tm2226350-1_424b5.htm#tTHOF1) that it could issue 425 million AMC Preferred Equity Units, known as APEs. The company said it would use proceeds from any sale to repay debt or make other investments. It’s a familiar tactic--the co

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  AMC hires Citigroup as underwriter for preferred shares

  Reuters
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  APEs sink toward new low after AMC discloses deal for sale of up to $1.4 billion worth of shares

  MarketWatch

John Paulson on Frothy US Housing Market: This Time Is Different

(Bloomberg) -- John Paulson became a billionaire after his hedge fund effectively shorted more than $25 billion of mortgage securities at the dawn of the global financial crisis. As he sizes up yet another frothy housing market some 15 years later, the founder of Paulson & Co. says another downturn in US home prices may be in the cards -- but the banking system is in a much better condition to handle it. Paulson sat down with Bloomberg for a wide-ranging interview at the Union League of Philadel

Social Security is slowly running out of money — here's what you need to do to protect your retirement

Long story short: the sooner you act, the easier it'll be.

Vanguard Is Liquidating a US-Listed ETF for the First Time Ever

(Bloomberg) -- Asset-management giant Vanguard Group is shutting down one of its US exchange-traded funds for the first time. Most Read from BloombergJohn Paulson on Frothy US Housing Market: This Time Is DifferentUK Market Selloff Slams Gilts, Pound, Piling Pressure on BOEStocks, Commodities Drop; US Treasury Yields Surge: Markets WrapWall Street Banks Prep for Grim China Scenarios Over TaiwanInterpol Issues Red Notice for Terra’s Do Kwon, Korea SaysThe $39.7 million Vanguard U.S. Liquidity Fac