UK cinemas close their doors as pandemic takes hold
17th Mar 2020 13:02
(Sharecast News) - Cinemas across the UK and Ireland are shuttering because of the coronavirus outbreak, it was announced on Tuesday.
Read moreEurope midday: Stocks bounce as authorities ban short-selling, announce stimulus
13th Mar 2020 13:27
(Sharecast News) - Stocks across the Continent are bouncing back following a ban on short-selling Italian and Spanish stocks, and amid a coordinated economic response from European authorities.
Read moreFTSE 250 movers: Finablr crashes, Premier Oil against the ropes
12th Mar 2020 16:10
(Sharecast News) - London's second-tier index finished 9.35% or 1,621.81 points lower at 15,717.42 with the benchmark gauge's most financially-strapped companies pacing losses, including Finablr and Premier Oil.
Read moreCineworld warns over worst-case coronavirus impact
12th Mar 2020 08:18
(Sharecast News) - Cineworld warned over its ability to keep trading on Thursday as it said it may not be able to pay its debts due to the coronavirus outbreak.
Read moreRBC Capital downgrades Cineworld; reviews leisure stocks amid Covid-19
11th Mar 2020 13:17
(Sharecast News) - RBC Capital Markets downgraded Cineworld to 'outperform' from 'top pick' on Wednesday, slashing the price target to 200p from 300p as it took a look at the leisure sector and how it might be affected by the coronavirus.
Read moreCineworld shareholder GCT sells 7.9% stake for ?116m
9th Mar 2020 08:03
(Sharecast News) - Cineworld said on Monday that shareholder Global City Theatres (GCT) has agreed to sell around 7.9% of the company, or 108m shares, for approximately ?116m.
Read moreCiti downgrades Cineworld to 'neutral'
6th Mar 2020 09:44
(Sharecast News) - Citi has downgraded its stance on shares of Cineworld to 'neutral' from 'buy' as it considers the impact of the coronavirus on cinema attendance.
Read moreCineworld says Covid-19 has not dented admissions
6th Mar 2020 08:05
(Sharecast News) - Following a slump in its share price a day earlier, Cineworld put out a statement on Friday in a bid to reassure investors of its performance in the wake of the coronavirus outbreak, insisting it had not seen any "material" impact on movie theatre admissions.
Read moreFTSE 250 movers: Travel and oil related issues pace declines
5th Mar 2020 16:03
(Sharecast News) - The Chinese coronavirus continued to be the common denominator behind share price movements on the second-tier index on Thursday, although there were some other factors at play, including Russia's reticence thus far to contribute to another reduction in OPEC+ oil production.
Read moreCineworld tumbles as Peel Hunt highlights coronavirus impact
5th Mar 2020 11:00
(Sharecast News) - Cineworld shares tumbled on Thursday as Peel Hunt downgraded its rating on the stock to 'hold' from 'buy' and slashed the price target to 140p from 300p, highlighting risks form the coronavirus outbreak.
Read moreFTSE 250 movers: Genus jumps, Restaurant Group slumps
4th Mar 2020 15:59
(Sharecast News) - Genus shares hit a fresh record high on the back of an update from sausage skin manufacturer Devro which reported that its factory in Nantong, China, had returned to normal production.
Read moreTuesday broker round-up
21st Jan 2020 12:47
(Sharecast News) - Ricardo: Berenberg upgrades to hold with a target price of 770p.
Read moreFTSE 250 movers: Finablr falls, Cineworld climbs
17th Dec 2019 14:13
(Sharecast News) - London's FTSE 250 tumbled 1.33% higher to 21,629.65 in afternoon trade on Tuesday, with Finablr leading the index downward.
Read moreCineworld to buy Canada's Cineplex for $2.1bn
16th Dec 2019 07:26
(Sharecast News) - Cineworld has agreed to buy Canadian cinema chain Cineplex for $2.1bn.
Read moreFTSE 250 movers: Tullow recovers, John Laing tumbles
12th Dec 2019 14:21
(Sharecast News) - London's FTSE 250 was 0.09% higher at 20,665.62 in afternoon trade on Thursday, with Tullow Oil leading the index upward.
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