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Wedbush Offers Q4 Preview For IMAX, Revises Estimates Downwards
Tuesday, February 17, 2015 - 11:32am | 288In a report published Monday, Wedbush analyst Michael Pachter wrote that IMAX Corporation (NYSE: IMAX) is expected to report an in-line fourth quarter print on Thursday before market open, despite the analyst's lowered estimates. Pachter lowered his fourth quarter revenue estimate to $93 million...
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7 Cinema Stock Picks For A Record-Breaking Year At The Movies
Saturday, February 7, 2015 - 12:48pm | 490In a recent report, Barrington Research analysts reviewed the cinema industry and gave their take on 2014 and their outlook for 2015. Overall, Barrington is bullish on the space and named its top picks for investors. Related Link: How Netflix And Amazon Are Changing Hollywood 2014 Review As...
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'Game of Thrones' IMAX Showing Could Spawn New, Billion-Dollar Industry
Wednesday, January 7, 2015 - 11:52am | 622Time Warner Inc (NYSE: TWX) is bringing HBO's "Game of Thrones" to 150 IMAX Corporation (NYSE: IMAX) theaters throughout the United States. The deal provides a unique opportunity for viewers to watch the fourth season's final two episodes. HBO will also show an exclusive...
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Earnings Season Boosts Confidence; S&P Trades At Record Highs
Tuesday, July 22, 2014 - 4:40pm | 2810U.S. stocks rose as earnings season continues to impress with companies like Comcast, Chipotle Mexican Grill and Verizon reported positive results. The National Association of Realtors reported existing home sales rose better than expected. helping propel stocks higher despite global...
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Markets Lower As Geopolitical Uncertainty Continues
Monday, July 21, 2014 - 4:46pm | 2931U.S. stocks were lower as leaders from Britain, France, Germany and Canada have all made their respective countries position clear that Russia will face further sanctions if air investigators are not given full access to the crash site in Ukraine. Israel continued its ground offensive in the...
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Walt Disney Earnings Preview: Reaching For The Stars
Sunday, May 4, 2014 - 5:44pm | 859Walt Disney (NYSE: DIS), which is making every effort to exploit its recently acquired Marvel and Star Wars franchises, is scheduled to report its fiscal second-quarter results Tuesday, May 6, after the markets close. Analyst sentiment is optimistic about the growth prospects of animation...
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Market Wrap For April 16: Markets Hold On To Gains On Positive Yellen Comments And Economic Data
Wednesday, April 16, 2014 - 4:50pm | 2676U.S. stocks held on to strong gains as U.S. industrial production rose more than projected. The Fed confirmed it will maintain a "friendly" policy that will support the economic recovery. According to Fed Chief Janet Yellen there are three main concerns the central bank is facing. Specifically...
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Google Smart Contact Lens Would Help The Blind And More
Wednesday, April 16, 2014 - 11:08am | 535At the rate things are going, Google (NASDAQ: GOOG) is fast becoming an optical specialty company. In addition to its Google Glass product and tear-monitoring contacts designed to help diabetics control their blood sugar, the Mountain View, CA tech giant has patented a smart contact lens with...
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Market Wrap For April 8: Markets Bounce Higher As Earnings Season Begins
Tuesday, April 8, 2014 - 4:54pm | 2569U.S. stocks rose as major indices finished the day just barely in the green as the Dow was up as much as 50 points and lower by 65 points before settling the day gaining 10 points. The Nasdaq bounced back sharply from its worst three-day performance since 2011 as investors went bargain hunting...
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Market Wrap For March 20: Investors Showing No Post-Fed Decision Hangover
Thursday, March 20, 2014 - 4:44pm | 1946U.S. stocks recovered most of Wednesday's losses after Fed Chief Janet Yellen spooked the markets a bit by hinting a rate hike could occur as soon as six months after the central bank terminates its quantitative-easing program. Investors found positives in several economic reports released...
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Market Wrap For February 3: Bears In Complete and Absolute Control
Monday, February 3, 2014 - 5:45pm | 2594U.S. stocks continued its losses on an accelerated basis on Monday. Investors are in clear panic mode following a report that U.S manufacturing activity expanded at a slower pace in January. The Dow plunged more than 300 points while the S&P 500 and Nasdaq both fell more than two percent as...
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'The Hobbit: The Desolation of Smaug' Has Big First Weekend
Monday, December 16, 2013 - 10:35am | 485You might not be a fan of orcs, hobbits and adventures through fantasy lands but you have to give the newest movie in The Lord of the Rings franchise a thumbs-up after reading this weekend’s box office numbers. Before all of The Lord of the Rings fans object to the three-part Hobbit prequel...
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Market Wrap For December 3: Markets Finish In The Red For Third Straight Day
Tuesday, December 3, 2013 - 5:49pm | 1989Investors appeared to be nervous going in to yesterday's close, a sentiment which continued at today's open. With little encouraging data coming out of the holiday shopping figures, investors and traders nervously await Friday's Labor Department November jobgs report which could help determine...
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The 3D Trend Fails...Again
Friday, November 23, 2012 - 9:24am | 524From movie theaters and 3D televisions to 3D game consoles, smartphones and other devices, consumers are always eager for new avenues of three-dimensional entertainment. The latest trend started in a familiar place: movie theaters. After the release of Avatar, which grossed $2.7 billion worldwide...
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E*Trade, Cheesecake Factory and Other Stocks Insiders are Buying
Monday, August 20, 2012 - 11:53am | 704Insiders may sell shares for any number of reasons, but there is really only one reason insiders buy shares of a company -- they believe the stock price will move higher and they want to profit from it. Pullbacks and sell-offs provide a perfect opportunity for investors who have faith in a company...