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Analyst’s Box Office Outlook Sparks 3% Spike in Regal

Authored by Scott Goldberg on April 9, 2007 - 12:16pm.
Los Angeles – Soleil Research Associates upgraded shares of Regal Entertainment Group, a movie theater chain, to “buy” from “hold” on a strong box office outlook for 2007 today, causing shares of the company to rise 3%.  Analyst Marla Backer cited a strong summer slate as a large part of her optimism.
tags: 3D | Film | Box Office | Regal |

Theater Ad Distributor National CineMedia Raises $798 Million in IPO

Authored by Mark Hefflinger on February 8, 2007 - 8:37am.

Denver - National CineMedia, a distributor of pre-feature digital programming and advertising in movie theaters, on Thursday announced its initial public offering, which raised $798 million and saw shares rise as much as 26% in their first day of trading.

tags: Deals | IPO | Marketing | Advertising | Movies | Investing | National CineMedia | Cinemark | AMC | Regal |