Tag Archives: Entertainment

AMC Entertainment Q4 Sales Plunged 90%, Losses Ballooned Amid Pandemic; CEO Adam Aron Cites “Most Challenging Market Conditions” In 100 Years

AMC Entertainment revenue plunged last quarter to $162 million from close to $1.5 billion the year before as the global pandemic squeezed exhibition. That beat expectations, coming about $20 million above Wall Street’s consensus estimates. The stock is up 3% in late trading. Net losses widened to $946 million, including a hefty one-time impairment charge, from $13.5 million the year before. For full-year 2020, AMC said it lost $4.58 billion vs. $149M loss in all of 2019. More from Deadline As… Source link

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Here’s Why AMC Entertainment (AMC) is a Great Momentum Stock to Buy

TipRanks The Bottom Is in for These 3 Stocks? Analysts Say ‘Buy’ Never say that one person makes no difference. This past Thursday, stocks tumbled, bonds surged, and investors started taking inflationary risks seriously – all because one guy said what he thinks. Jerome Powell, chair of the Federal Reserve, held a press conference at which he gave both the good and the bad. He stated, again, his belief that the COVID vaccination program will allow a full reopening of the economy, and that… Source link

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AMC Entertainment approves millions in bonuses to top execs – Yahoo Finance

Bloomberg Buffett’s Berkshire Snaps Up Record $24.7 Billion of Own Stock (Bloomberg) — Warren Buffett’s Berkshire Hathaway Inc. bought back a record $24.7 billion of its own stock last year and said there’s more to come, as the conglomerate struggled to find other ways to deploy its enormous pile of cash.The company’s purchase of $9 billion of shares in the fourth quarter matched a record set in the previous three-month period, Buffett said Saturday in his annual letter to… Source link

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AMC Entertainment Kicks Off 2021 With 525% Gain

TipRanks 3 Monster Growth Stocks to Beat the Volatility Volatility is back on the menu. Last week brought January’s trading to a close in what amounted to the stock market’s worst month since October. The GameStop saga hogged the headlines as the retail buying frenzy for names with high short interest raised the possibility the market might be exhibiting bubble behavior. Add into the mix the slow rollout of Covid-19 vaccines and the fear of a delayed return to normalcy, and once again,… Source link

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MTS, Yandex to cooperate on entertainment services – Telecompaper

Add comment 2500)this.value=this.value.substr(0,2500);” onkeydown=”if(this.value.length>2500)this.value=this.value.substr(0,2500);”> We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is… Source link

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Triller Publishes Letter Pleading with Google | Entertainment

LOS ANGELES, Nov. 21, 2020 /PRNewswire/ — Triller announced today: Dear Mr. Google: I am writing this letter in hopes someone more senior may be able to help me with an issue Triller currently has with a listing by Google causing serious confusion in the marketplace. Specifically, we have spent significant time and money putting together an event the Mike Tyson… Source link

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President Trump appears to have gray hair now – Yahoo Entertainment

President Trump triggered social media buzz during a Nov. 13 press conference when his hair looked grayer than usual. Depicted on Nov. 5, 2020 (L) and Nov. 13, 2020 (R). (Photos: Getty Images) <p class="canvas-atom canvas-text Mb(1.0em) Mb(0)–sm Mt(0.8em)–sm" type="text" content="While President Trump made his first post-election remarks to discuss the Pfizer COVID-19 vaccine, his silver-toned hair, a variation on his trademark blond locks, caused a stir.” data-reactid=”32″>While President… Source link

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Pfizer vaccine news sends AMC, travel and entertainment stocks on a tear on recovery hopes

AMC (AMC) and other entertainment stocks surged on Monday in the wake of Pfizer (PFE) and BioNTech (BNTX) announcing positive news about their leading COVID-19 vaccine candidate, which demonstrated a high level of efficacy in testing. Even as the U.S. topped 10 million coronavirus cases, markets — which for months have been pricing in hopes of an end to the crisis — skyrocketed on the news. The Dow (^DJI) and S&P 500 (^GSPC) both opened at record highs, tempering those gains slightly by… Source link

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Yahoo Sports and NBA bring future of sports entertainment to life through VR, fantasy, betting

NEW YORK, July 30, 2020 – Yahoo Sports and the National Basketball Association (NBA) are joining forces to enhance the at-home fan experience with a multiyear relationship that will make Yahoo Sports an Official Marketing Partner of the league and RYOT a live virtual reality (VR) production partner during the NBA Restart in Orlando. The relationship will also allow Yahoo Sports to engage fans through fantasy and sports betting in unprecedented ways, including the right to create sports… Source link

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Yahoo Sports and NBA Bring Future of Sports Entertainment to Life through Virtual Reality, Fantasy and Betting Relationship NYSE:VZ

– RYOT to Produce Immersive, At-Home Fan Experience as Live Virtual Reality Production Partner During the NBA Restart – – Yahoo Sports to Enhance Its Distribution of NBA League Pass with Fantasy and Gaming Integrations as Official Marketing Partner of the NBA – NEW YORK, July 30, 2020 (GLOBE NEWSWIRE) — Yahoo Sports and the National Basketball Association (NBA) are joining forces to enhance the at-home fan experience with a multiyear relationship that will make Yahoo Sports an… Source link

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