Cineworld goes fully digital
14th Jun 2010 07:01
Cinema chain Cineworld is to go fully digital across its estate in the UK and Ireland. The company has entered into an agreement with Arts Alliance Media (AAM), a leading European provider of digital cinema technology and distribution services, to complete the roll-out of digital projection facilit
Read moreSmall caps: Cineworld, Aortech, African Eagle
24th May 2010 07:52
Cinema chain Cineworld has signed a deal with Quintain Estates for a new multi-screen cinema at Wembley City, the retail park next door to Wembley station. Cineworld has signed a 25 year lease for a new nine screen cinema which will seat 1,800 people in total and is scheduled to open in 2013. It w
Read moreSmall caps round-up: Aurelian, Cineworld, Greggs...
12th May 2010 12:36
Eastern Europe focused oil and gas explorer and producer Aurelian today reconfirmed "steady" progress against all targets set out in October's strategy document. "We are on track to spud our first two high impact wells in line with our milestones; in June we commence the drilling of the first multi
Read moreFriday tips round-up: Dignity, Clarkson, Cineworld
12th Mar 2010 06:59
Funeral group Dignity's shares have jumped by just 10% the past year, suggesting they are fairly valued, trading on a 2010 price-to-earnings ratio of 15.5 times. In the longer term, the so-called "baby boomers" are expected to start dying off in large numbers over the next few years, which will pro
Read moreLondon close: Miners pull index lower
11th Mar 2010 17:02
London bounced off 5,600 despite a weak start on Wall Street but still closed in the red on a poor day for miners. Falling commodity prices and China inflation concerns prompted profit taking in Fresnillo, Randgold, Rio Tinto, ENRC, Kazakhmys, BHP Billiton and Xstrata. Speculation rose that Chin
Read moreLondon afternoon: Footsie holds above 5,600
11th Mar 2010 14:32
A steady decline continued through lunch, but London bounced off 5,600 despite a weak start on Wall Street as mining sector losses narrowed very slightly. Falling commodity prices have damaged miners Thursday. Investors decided to take profits in Fresnillo, Randgold, Rio Tinto, ENRC, Kazakhmys, BHP
Read moreLondon midday: Thos. Cook a ray of sunshine
11th Mar 2010 12:08
The Footsie has drifted into the red, weighed down by the weakness of mining stocks. Among the miners Fresnillo, Randgold Resources, Rio Tinto, ENRC, Kazakhmys, BHP Billiton and Xstrata are all on offer, as metals prices retreat. Smith & Nephew is under the weather after coming out on the wrong
Read moreLondon open: Miners lead decline
11th Mar 2010 08:17
London's main index is being dragged lower by mining stocks, though Old Mutual is the weakest link among the blue chips after it published full-year results this morning. South African insurer Old Mutual has resumed dividend payments following a better second half and is exploring the sale of US Li
Read moreCineworld hails Avatar effect
11th Mar 2010 08:05
Cinema operator Cineworld saluted the success of 3D films such as Avatar in drawing crowds to the cinema as it posted a rise in sales and profits. In the 53 weeks to December 31, pre-tax profits rose to £30.8m from £27.6m over the previous period as revenues rose to £333.4m from £298.9m. On a pro
Read moreFriday tips round-up: Cineworld, Hays, Prostrakan
8th Jan 2010 06:38
The idea that cinemas boom during a downturn was proved right in 2009, with the annual box office gross takings in the UK breaking through £1bn for the first time. This has had Britain's largest cinema chains rubbing their hands together in glee, with the only listed group, Cineworld Group, publishi
Read moreLondon close: Footsie flatlines
7th Jan 2010 16:46
A late afternoon rally fizzled out to leave London's blue chip index little changed on the day. Banks emerged from a sticky start as the day's best performers led by Barclays and Lloyds Bank, which both received decent write-ups in an otherwise cautious broker note from Keefe, Bruyette & Woods. It
Read moreLondon afternoon: Banks defy broker gloom
7th Jan 2010 14:27
Leading shares are mixed, with the Footsie barely changed now miners have recovered from a weak showing in the morning session to show gains in the afternoon. Kazakhmys and Fresnillo lead the mining sector but their gains are surpassed by two stocks from the banking sector where Barclays and Lloyds
Read moreLondon midday: Bank sits on hands
7th Jan 2010 11:51
London drifted lower ahead of the announcement of the Bank of England's quantitative easing and interest rate decision, which, as expected, left both the level of interest rates and the scale of the quanititative easing programme unchanged. Mining stocks are proving to be a millstone round Footsie'
Read moreLondon open: Miners offset strong supermarkets
7th Jan 2010 08:14
Miners are leading London's top stocks lower in early dealings on Thursday, offsetting strong demand in supermarket groups. Eurasian Natural Resources, Kazakhmys, Randgold Resources, Antofagasta, Xstrata and BHP Billiton are among the worst performers. On the positive side, Sainsbury, Tesco and Mo
Read moreCineworld hits its mark
7th Jan 2010 07:58
Cinema chain operator Cineworld is rubbing its hands with glee at the prospect of more 3D films after box office returns rose well above the rate of inflation in 2009. After adjusting 2009 figures to take into account it was a 53-week year versus the 52 weeks covered by the 2008 figures, total reve
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