Cineworld Regal chain to reopen on April 2, UK cinemas in May

23rd Mar 2021 07:14

(Sharecast News) - Cineworld Group on Tuesday said its US Regal theatres chain will reopen from Covid lockdown in April for the first time in six months, with a UK restart slated for May as it announced a screening deal with Warner Bros

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Sunday share tips: Stenprop, Carnival

3rd Jan 2021 20:33

(Sharecast News) - The Mail on Sunday's Midas column tipped shares of property investment fund Stenprop among its picks for the year ahead, pointing to the company's diversified client base, "high demand" for its properties and "decent" dividend income to back up its case.

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Jefferies upgrades Whitbread, downgrades InterContinental in leisure overview

8th Dec 2020 08:01

(Sharecast News) - Jefferies has upgraded Whitbread but downgraded both InterContinental Hotels Group and On The Beach Group following the latest Covid-19 vaccine developments.

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Cineworld drops after Warner Bros opts for streaming

4th Dec 2020 09:02

(Sharecast News) - Cineworld shares fell sharply after Warner Bros announced it would release films online and in cinemas at the same time in the US in the latest shakeup in movie distribution caused by Covid-19.

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Cineworld secures $750m of extra liquidity to weather pandemic

23rd Nov 2020 07:24

(Sharecast News) - Embattled Cineworld said on Monday that it has secured a new $450m debt facility and that its lenders have agreed to waive its debt covenant until June 2022 to help see it through the Covid-19 pandemic.

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Sunday share tips: Cineworld, The Panoply

22nd Nov 2020 16:55

(Sharecast News) - Film studios Warner Brothers's decision to debut its next blockbuster Wonder Woman 1984 in cinemas won't be enough to turn around the fortunes of Cineworld, The Sunday Times's Sabah Meddings said.

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Cineworld said to be considering CVA, shares slide

19th Nov 2020 08:17

(Sharecast News) - Cineworld shares slumped on Thursday following a report the cinema chain is considering a company voluntary arrangement to help it stay afloat until the Spring.

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Cineworld brings in consultants as it stares up $8bn debt pile

22nd Oct 2020 12:25

(Sharecast News) - Ailing cinema operator Cineworld has brought in advisers AlixPartners as it looks to restructure its debt, it was reported on Thursday.

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Sector movers: Travel stocks, Aerospace and Defence issues pace losses

21st Oct 2020 15:57

(Sharecast News) - Travel and Leisure paced losses on the FTSE 350 on Wednesday, alongside a sharp drop for Aerospace and Defence.

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Cineworld lenders call in advisers on £6bn debt pile - report

5th Oct 2020 12:54

(Sharecast News) - Lenders to Cineworld Group have called in advisers for urgent talks on the company's £6.2bn debt mountain as it announced the shuttering of 663 cinemas on both sides of the Atlantic.

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Cineworld shutters US, UK theatres putting 45,000 jobs at risk

5th Oct 2020 07:00

(Sharecast News) - Cineworld on Monday confirmed it would temporarily suspend operations at all of its UK and US theatres from Thursday due to the Covid-19 pandemic, putting 45,000 jobs at risk.

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Sunday newspaper round-up: Trump, Cineworld, Cobham

4th Oct 2020 18:03

(Sharecast News) - President Donald Trump's team of doctors says he is doing well after his Covid-19 diagnosis and could be discharged as early as Monday. Dr. Brian Garibaldi, a specialist in pulmonary critical care, said Trump received a second dose of the experimental drug remdesivir along with a first dose of dexamethasone yesterday and isn't showing any side effects "that we can tell." He said Sunday that Trump is "up and well" and the plan was to have him "out of bed" Sunday as much as possible, and could potentially return to the White House to continue his five-day course of remdesivir. - Sunday Telegraph

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Cineworld swings to first-half loss due to Covid-19 closures

24th Sep 2020 07:30

(Sharecast News) - Cineworld said on Thursday that it swung to a loss in the first half after its cinemas were forced to close in March due to the coronavirus pandemic and warned it would need to raise additional liquidity if its cinemas were shut again.

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Thursday preview: Weekly US jobless claims, Cineworld in focus

23rd Sep 2020 16:25

(Sharecast News) - The market spotlight on Thursday will be on the US jobs market with investors likely to be keeping close tabs on the latest weekly unemployment claims figures.

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FTSE 250 movers: Avon Rubber and Computacenter at record-highs

9th Sep 2020 15:50

(Sharecast News) - London's second-tier index was edging higher in late afternoon trading with investor sentiment buoyed in the background by a bounce on Wall Street as the beaten down Nasdaq-100 technology gauge bounced off of a key short-term technical support level.

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