Tag Archives: Cineworld

Cineworld, which owns almost 10,000 screens across ten nations, represents one of UK investors’ few options to invest in the cinema business and has often held a role as a bellwether for the industry. Over the past 18 months, its turbulent performance has reflected investor perceptions of the movie trade’s …

It’s a triumph. Instead of losing £1m a day in its core UK business, which was the statistic in June, Royal Mail got the rate down to an average of £700,000 a day across the April to September period. If that doesn’t sound much to cheer, look at the share …

Cineworld, one of the world’s largest cinema chains and owner of the multiscreen on Parnell Street in Dublin, is looking at a company voluntary arrangement, an insolvency process used in the UK to cut costs, as part of its talks with lenders to gain access to capital, the Financial Times has …

London’s FTSE 250 was up 1.4% at 17,964.71 in afternoon trade on Tuesday. Cineworld surged, with traders pointing to speculation the company may be taken private by its founder. The shares had already rallied on Monday on takeover speculation after a US judge granted the government’s request to end the …