Cineworld admissions rise but World Cup set to weigh
8th May 2014 08:47
More people have been watching movies at Cineworld this year, but the cinema chain said it was expecting to lose out during this summer's soccer World Cup. Cineworld said admissions at its UK & Ireland (UK&I) cinemas increased by 1.9% between December 27th and May 1st, while a 4.8% increase in aver
Read moreThursday broker round-up UPDATE
8th May 2014 08:40
Anglo American: Deutsche Bank ups target price from 1510p to 1550p and retains a hold recommendation. Balfour Beatty: Berenberg reduces target price from 350p to 290p and keeps a buy recommendation. BBA Aviation: JP Morgan cuts target price from 386p to 369p retaining an overweight rating. Bodyco
Read moreCineworld's newest board members stock up
25th Apr 2014 16:00
Mooky Greidinger, who took over as Chief Executive Officer (CEO) of Cineworld just two months ago, on Friday acquired 48,090 shares in the group. He paid 302.63p a share spending a total of £145,535. Chief Operating Officer, Israel Greidinger, matched his purchase with his own. Both joined the
Read morePremier Foods chairman ups stake after poor quarterly performance
24th Apr 2014 16:12
The Chairman of Premier Foods on Thursday showed his support for the branded food producer after it reported a 6.2 per cent drop in its sales for the first three months of 2014. David Beever, who has held his current role on the board since June 2012, added £100,000-worth of shares to his stake,
Read moreThursday broker round-up UPDATE
6th Mar 2014 09:10
Advanced Medical Solutions: Investec ups target price from 97p to 121p and keeps a buy recommendation. African Barrick Gold: Investec increases target price from 132p to 206p, but still recommends selling. Arcontech: Northland shifts target price from 0.20p to 0.24p and keeps a buy recommendation.
Read moreCineworld founder and CEO bids farewell
28th Feb 2014 09:28
The Chief Executive of Cineworld is bringing down the curtain on his career at the cinema chain following its merger with Central European cinema operator Global City Holdings (GCH). Cineworld said on Friday that Stephen Wiener, who founded the company in 1995, had stepped down from his role, but w
Read moreTuesday broker round-up UPDATE
25th Feb 2014 08:40
African Barrick Gold: Canaccord Genuity raises target price from 205p to 315p and upgrades from hold to buy. Ashmore Group: Canaccord Genuity takes target price from 205p to 315p and downgrades from buy to hold. Associated British Foods: Jefferies increases target price from 2450p to 2600p retaini
Read moreMonday broker round-up UPDATE
13th Jan 2014 09:04
Admiral Group: Citi ups target price from 1220p to 1256p and reiterates a neutral rating. Afren: Nomura increases target price from 170p to 210p and stays with its neutral rating. Alternative Networks: Westhouse Securities increases target price from 445p to 540p reiterating its add rating. Amlin
Read moreBroker tips: Miners, Outsourcers, M&S, Cineworld
10th Jan 2014 11:21
2014 could initially be 'another difficult period' for the UK mining sector, according to analysts at Barclays, who maintained their 'negative' view on the industry on Friday. In a research note to clients, the bank said that "key issues" of 2013 - negative earnings growth, minimal free cash-flow (
Read moreBroker snap: Panmure unsure about Cineworld's CCI deal
10th Jan 2014 11:12
Panmure Gordon has maintained it 'sell' rating for cinema operator Cineworld after the company's proposed offer for Poland-listed, Dutch-headquartered Cinema City International (CCI). The offer, which gives CCI an enterprise value (EV) on a debt- and cash-free basis of £503m, would be part-funded b
Read moreCineworld agrees major European acquisition - UPDATE
10th Jan 2014 09:24
Cineworld has proposed the acquisition of a rival European cinema group that would almost double the size of the combined company and create the second-largest player in the continent. Cineworld, capitalised at around £600m, has made a cash and shares offer for Poland-listed, Dutch-headquartered C
Read moreCineworld CEO to step down in 2014
20th Nov 2013 08:53
Cinema chain Cineworld confirmed that founder and Chief Executive Officer Steve Wiener has decided to step down and plans to leave the business at the end of March 2014. An announcement regarding a new CEO will be made in due course, the group said in a company statement. Chairman Anthony Bloom
Read moreWednesday broker round-up UPDATE
23rd Oct 2013 09:28
Abcam: Numis downgrades to add with a target price of 570p. ARM Holdings: Deutsche Bank increases target price from 1080p to 1130p and maintains a buy recommendation. JP Morgan raises target price from 625p to 750p and leaves its neutral rating unaltered. Societe Generale ups target price from 640p
Read moreTuesday broker round-up UPDATE
22nd Oct 2013 08:02
Aggreko: JP Morgan reduces target price from 1800p to 1620p reiterating a neutral rating. Alexander Mining: Northland Capital shifts target price from 6p to 8.10p and keeps a buy recommendation. APR Energy: JP Morgan increases target price from 1075p to 1150p and maintains an overweight rating. B
Read moreCineworld revenue rises but facing tough Q4
22nd Oct 2013 07:36
Cinema group Cineworld boosted revenue but said it was facing a challenge in the fourth quarter to match the success last year of Bond film Skyfall. Cineworld lifted revenue in the 16 weeks to October 17th by 11%, with box office revenue up by 8.1% and retail revenue rising by 12.1%. The positive
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