Cineworld to pay dissenting Regal shareholders $170m
10th Sep 2021 07:05
(Sharecast News) - Cineworld said it would pay $170m of a judgement to dissenting shareholders of Regal Entertainment Group after the company's takeover of the movie theatre chain in 2018.
Read moreCineworld posts H1 loss as it mulls US listing
12th Aug 2021 08:09
(Sharecast News) - Cineworld posted an interim operating loss of $208.9m as the Covid pandemic forced the closure of cinemas in the opening months of the year and a limited number of films were produced, but said trading since reopening had been "encouraging".
Read moreCineworld secures $200m in incremental loans
30th Jul 2021 07:51
(Sharecast News) - Cineworld on Friday said it had secured $200m of incremental loans maturing in May 2024 from a group of existing lenders, as the cinema chain owner looked to take advantage of pent-up demand after the lifting of Covid restrictions.
Read moreSunday newspaper round-up: New infections, Morrisons, Pfizer
25th Jul 2021 12:33
(Sharecast News) - The number of people infected with coronavirus has dropped for a fourth day, raising hopes that the pandemic may be levelling off. The UK recorded 31,795 new infections yesterday, a fall of 32 per cent from the 46,558 on Tuesday. The figure is down 42 per cent from last Saturday. "Great to see continued signs of Delta descent in the UK today," tweeted Dr Eric Topol, a US physician who is an international authority on the coronavirus. Some scientists cautioned that the data does not capture the impact of "freedom day" last Monday. But Paul Hunter, professor of medicine at the University of East Anglia, hailed it as "remarkable" and "absolutely good news". - Sunday Times
Read moreUK may reinstate some lockdown measures if situation becomes 'unacceptable'
16th Jul 2021 18:32
(Sharecast News) - The UK might reinstate some lockdown measures if the latest wave of the coronavirus pandemic becomes unacceptable.
Read morePeel Hunt cuts Cineworld price target, reiterates 'hold'
13th Jul 2021 14:13
(Sharecast News) - Peel Hunt reiterated its 'hold' recommendation on Cineworld on Tuesday as it cut the price target to 75p from 85p, noting that the share price has fallen but is not yet in "buy territory".
Read moreThursday broker round-up
24th Jun 2021 14:13
(Sharecast News) - BP: HSBC downgrades to hold with a target price of 360p.
Read moreBerenberg cautious of 'too many unknowns' for Cineworld
24th Jun 2021 10:28
(Sharecast News) - Analysts at Berenberg raised their target price on theatre operator Cineworld from 70.0p to 85.0p on Thursday but warned that "too many unknowns" remained for it to make any changes to its 'hold' rating.
Read morePeter Rabbit helps Cineworld hop to bumper reopening weekend
24th May 2021 07:01
(Sharecast News) - Movie theatre chain Cineworld reported a strong opening weekend in the UK after Covid-19 restrictions were lifted, led by the success of Peter Rabbit 2: The Runaway and popcorn-munching patrons.
Read moreWednesday broker round-up
5th May 2021 13:43
(Sharecast News) - Lloyds Banking Group: RBC Capital Markets reiterates outperform with a target price of 5,100p.
Read moreBarclays reinstates coverage of Cineworld at 'equalweight'
5th May 2021 08:39
(Sharecast News) - Barclays reinstated coverage of Cineworld at 'equalweight' on Wednesday with a 115p price target as it said a blockbuster year was needed to help deleveraging.
Read moreSunday newspaper round-up: Duke of Edinburgh, Suez Canal, Vaccination programme
11th Apr 2021 13:11
(Sharecast News) - The Prince of Wales bade an emotional farewell to his "dear papa" yesterday as Buckingham Palace announced a period of national mourning until the Duke of Edinburgh's funeral on Saturday. In a sign that Charles and his father had become reconciled after years of distance, he described the duke as a "very special person" and "the most remarkable, devoted" companion to the Queen. - Sunday Times
Read moreCineworld raises $213m, seeks higher debt limit after $3bn loss
25th Mar 2021 07:01
(Sharecast News) - Cineworld said it had has secured extra funding and was looking to lift debt limits after a huge annual loss due to the Covid-19 pandemic, while also warning any tightening of restrictions would force it to seek further cash.
Read moreWednesday broker round-up
24th Mar 2021 13:29
(Sharecast News) - WH Smith: JP Morgan downgrades to neutral with a target price of 1,793p.
Read moreTuesday broker round-up
23rd Mar 2021 13:12
(Sharecast News) - Fevertree: Barclays upgrades to buy with a target price of 2,500p.
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