|Bid||0.00 x 0|
|Ask||257.00 x 0|
|Day's Range||245.10 - 252.90|
|52 Week Range||245.10 - 325.40|
|Beta (3Y Monthly)||0.83|
|PE Ratio (TTM)||11.02|
|Forward Dividend & Yield||0.14 (5.48%)|
|1y Target Est||N/A|
Cineworld will sell 17 cinemas for a cash consideration of $286.3 million (222 million pounds) and lease them back under 15-year leases. The company, which had bought U.S. cinema chain Regal Entertainment for $3.6 billion, said it was also in talks with a separate party for a sale and leaseback deal involving 18 multi-screen cinemas based in the United States. The terms of the deal will be similar to Cineworld's deal with U.S.-based REIT Realty Income.
British cinema operator Cineworld Group Plc said on Wednesday it has signed a deal for the sale and lease back of 17 multi-screen cinemas in the United States. Cineworld will sell the cinemas to units ...
The domestically-focussed FTSE 250, more exposed to outcomes of Brexit proceedings, rose 0.6 percent. Wednesday's parliamentary vote paved the way for another one on Thursday that could delay Britain's exit from the European Union until at least the end of June.
Cineworld benefited from a slew of big-ticket releases in 2018 including action movies "Black Panther" and "Avengers: Infinity War" and films like "Mamma Mia! Here We Go Again", "Incredibles 2" and "Bohemian Rhapsody" in the UK. While "Captain Marvel" had a strong opening last weekend, the other releases expected to do well include "Avengers: Endgame", "Toy Story 4", "Frozen 2", "Godzilla: King of the Monsters" and "Star Wars: Episode IX". Cineworld's proforma adjusted EBITDA for the year ended Dec. 31 rose 9.4 percent to $1.07 billion, beating the analyst consensus estimate of $1.04 billion.
One of the best investments we can make is in our own knowledge and skill set. With that in mind, this article will work through how we can use Return Read More...
Action movies such as "Black Panther" and "Avengers: Infinity War" boosted revenues through to Nov. 11, and European markets saw an uplift in the second half, driven by films including "Mamma Mia! Here We Go Again", "Incredibles 2" and "Bohemian Rhapsody" in the UK. Despite the 11.6 percent sales rise however, London-listed Cineworld said it would deliver a performance in line with its current expectations for the year.
U.S. movie theater chains fear that a Justice Department review of little-known mid-century rules may result in studios getting free rein to force them to show unpopular movies in exchange for getting blockbuster releases, threatening their profits. The U.S. Supreme Court in 1948 ruled against the practice, called "block booking," and others that favored studios, leading the plaintiff, Paramount Pictures, Inc, and its peers to sign consent decrees over the next few years with the Justice Department that banned such deals. The agreements regulating relations between movie studios and theaters, which the industry calls the Paramount consent decrees, were reached in the late 1940s and early 1950s when movie theaters had just one screen, televisions were not universal, and online streaming was decades into the future.
By Helen Reid and Danilo Masoni LONDON (Reuters) - Britain's top share index fell on Thursday as several heavyweight stocks went ex-dividend, while disappointing earnings sent travel operator TUI down ...
European shares edged higher on Thursday as corporate earnings boosted consumer stocks, although worries over China-U.S. trade tensions and new sanctions against Russia kept gains muted. While worries over an escalation in the trade dispute between the U.S. and China dampened market sentiment earlier on, a strong batch of earnings among consumer discretionary stocks helped the STOXX 600 (.STOXX) index reverse earlier losses and end the session 0.1 percent higher. While Austria's Raiffeisen Bank (RBVI.VI) surpassed expectations in the second quarter, its shares fell 6 percent as new U.S. sanctions against Russia put pressure on companies with exposure to the country.
(Reuters) - Cinema operator Cineworld Group Plc (CINE.L) posted a 10.8 percent rise in half-year revenue on Thursday as big-ticket releases such as "Avengers: Infinity War", "Black Panther" ...
Cinema operator Cineworld Group Plc posted on Thursday a 10.8 percent rise in half-year revenue, helped by strong U.S. sales backed by big-ticket releases such as "Avengers: Infinity War" "Black ...