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Barnes & Noble Shares Soar After Investor Discusses Sale with Founder
07 Sep, 2018
AMC Rally Another 20% After Recent Stock Sale
The agreed deal sees Mudrick Capital acquire 8.5 million shares of common stock at USD 27.12 a share, which is remarkable considering the fact that stock price had dropped to USD 2 at the start of 2021 and was on the verge of bankruptcy amidst the p..
General Motors Invests $2.2 Billion to Build a Series of Electric Vehicles in Detroit
General Motors Company (NYSE: GM) revealed that it will be investing $2.2 billion to upgrade the underused Detroit-Hamtramck Assembly plant, with the goal of to transform it into a state-of-the-art manufacturing facility making a series of electric ..
AMC Entertainment Shares Up After Beating Earnings Expectations
On Wednesday, AMC Entertainment Holdings, Inc. (NYSE: AMC) released its financial results for the second quarter of fiscal 2018. With revenue meeting expectations and earnings beating estimates, shares of the company increased 1.8% after the announc..
AMC Networks Beat on First-Quarter Results
On Thursday, AMC Networks Inc. (NASDAQ: AMCX) announced its financial results for the first quarter of 2018. With both earnings and revenue beating estimates, shares of the company rose 3% in premarket trading on Thursday.According to the company, r..
AMC Entertainment Holdings Inc to Open First Cinema in Saudi Arabia
Saudi Arabia’s Ministry of Culture and Information announced on Wednesday that it granted the first cinema operating license to AMC Entertainment Holdings Inc (NYSE: AMC). In a decision in December, the Ministry of Culture and Information anno..
Chinese Cabinet Stops Foreign Acquisitions
The Chinese government is all set to put a full stop to acquisitions outside the country by domestic businesses. The move is being touted as a means to ensure that Chinese businesses do not take on excessive debt. A document has been released by the..
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