UK shares mixed on inflation worries and US debt ceiling gloom
European and US indices steadied, buoyed by chipmakers
Cineworld
Cinema chain operator Cineworld expects to exit bankruptcy protection in July
Group operates the biggest cinema complex in Ireland, with 17 screens at Parnell Street in Dublin
Global markets rally as traders expect interest rates to peak soon
Dublin market outperforms international peers as it finishes the day up 1.7% on the back of strong rallies
Cineworld shareholders wiped out in restructuring plan
Cinema group’s assets include the Cineworld Dublin complex on Parnell Street, which continues to trade as usual
Cineworld ditches sale of Irish, US and British businesses after failing to find buyer
Cinema chain proposes €4.2bn debt for equity swap with creditors and plans to raise additional €2.1bn to exit bankruptcy
Global stocks tumble after US figures show inflation ‘far from over’
Cineworld plunged 43.1% after cinema chain operator said shareholders may see equity wiped out in Chapter 11 exit
Cineworld Dublin losses widen as troubled parent group’s future remains unclear
Auditors decline to express opinion on 2021 financial statements filed by Adelphi-Carlton Limited, the company behind the Parnell Street multiplex
Cineworld to seek buyers for all its assets
Group says it operates the biggest cinema in Ireland, a multiplex at Parnell Street in Dublin 1
Cineworld files for bankruptcy in bid to cut €5bn debt
US Chapter 11 process gives group time to sort out restructuring of debt pile related to Regal group acquisition
Cineworld eyes US listing to bolster pandemic-strained finances
Cinema chain reports $576m first-half pretax loss, expects release window to stabilise
Cineworld reports strong opening weekend in UK
World’s second-largest cinema chain also said more than 97% of its US cinemas open
Cineworld looks to raise debt cap after $3bn loss in 2020
Uncertainty about ability to continue as going concern remains, says company
Shot in the arm for stocks as Boris Johnson sets out Covid exit plan
Iseq in positive territory, with British prime minister’s plan lifting Dalata and Ryanair
Saving cinemas from the abyss may mean helping multiplexes too
Fate of moviegoing after Covid-19 depends upon survival of large, indebted operators
Covid-19: Manifest threat to cinemas looms large
Viability of big-screen experience more in doubt the longer this pandemic continues
Why Hollywood studios pulled the plug on cinemas
James Bond was the last remaining hope for 2020 before it was postponed last week
Cineworld shares plunge as chain shuts all Irish, UK and US screens
Long-awaited next James Bond becomes latest movie to be pulled by studios
For Cineworld, the new James Bond film can’t come soon enough
London-based company said adjusted earnings before interest, tax, depreciation and amortisation fell 93 per cent in the first half
Cinema tensions laid bare by deep crack in theatrical release windows
Universal’s deal with Odeon owner AMC has redrawn the architecture of the business
Hollywood delays summer blockbusters due to Covid-19
Disney postpones Mulan indefinitely and delays Star Wars and Avatar releases
Cineworld secures $250m in debt as it prepares to reopen cinemas
Company suspended dividend with executive directors deferring their salaries
Investors dump stocks as Fed delivers sobering outlook
Market report: European bourses tumble with Iseq shedding 4.2%
European stocks finish lower on cautious trading day
Markets report: Investors await Covid-19 economic projections from Federal Reserve
Shares rise globally on optimism over return to work
Drugmakers strong as investors seek progress on coronavirus vaccine
European shares slide over 3% amid gloomy investor sentiment
Economic impact of coronavirus pandemic weighs heavily on markets
Cineworld closes all its cinemas due to coronavirus pandemic
Cinema operator suspends both fourth quarter and 2020 dividend payments
Odeon and Cineworld close all Irish cinemas
Odeon pausing Limitless membership payments for duration of closure
Cineworld says virus could ‘cast doubt’ over its ability to stay in business
Cinema chain has outlet on Parnell Street in Dublin
Stock markets sink again as WHO declares pandemic
Bank of England rate cut does little to keep equities afloat
No escaping trade tensions on the markets
Iseq underperforms European peers with Ryanair and Glanbia among losers
Cineworld posts half-year revenue rise on strong US ticket sales
Big ticket releases such as Avengers: Infinity War and Black Panther boost sales
Staff at Cineworld to ballot for industrial action as job losses loom
Company has carried out an assessment of capacity at Parnell St complex in Dublin
Cinema chain Cineworld Group revenue grows on strong titles
Revenue from UK and Ireland market up 3% to £225.9m as profit rises marginally
Quentin Tarantino film distribution row hits some Irish audiences
‘The Hateful Eight’ will be not be screened at Cineworld due to failure to agree terms
Planet Business
This week: the ‘Case of the Magic Cheese’, M&S’s ‘bad dream’ and how the force is with Cineworld
UK firm to pay €20m for Cineworld facility
Two groups of Irish investors taking advantage of buoyant market to sell Dublin property
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