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U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as... Read More... Don't Miss Any Updates! News Directly in Your Inbox Subscribe to:
MKM Partners believes that the recent pull back in stock price of Mattel, Inc. (NASDAQ: MAT) and the turnaround efforts provided favorable catalyst to upgrade from Neutral to a Buy rating. The firm has a price tag of $36 on the company's stocks. Since August 11 when the stock hit $34.12, shares of... Read More...
Cinemark CEO Mark Zoradi CEO Mark Zoradi called the coming reopening of New York theaters "a significant step forward in the recovery of our industry," on an earnings call where he also said the exhibition giant was "clearly open to M&A" after reporting a fourth-quarter loss. Cinema giant Cinemark Holdings swung to a loss for the fourth quarter due to the coronavirus pandemic but expressed confidence in a rebound in moviegoing once the virus is more contained. "The company’s financial results continue to be significantly impacted by the COVID-19 pandemic, as the company’s theaters were cl...
Cinemark Holdings Inc (CNK) Q4 2020 Earnings Call Transcript Motley Fool Transcribers © The Motley Fool Logo of jester cap with thought bubble. Cinemark Holdings Inc (NYSE: CNK) Popular Searches Operator Ladies and gentlemen, thank you for standing by. And welcome to the Cinemark's Fourth Quarter and Full Year 2020 Earnings Call. [Operator Instructions] After the speaker presentation, there will be a question-and-answer session. [Operator Instructions] Please be advised that today's conference is being recorded. [Operator Instructions] I would now like to turn the conferen...
Over the last few days, Hollywood took a trip to Las Vegas for the annual CinemaCon event. It was there that exhibitors from all around the country came to see what movies are going to be burning up their screens through the rest of the year and beyond. This is a studio-by-studio recap of the... Read More...