Cineworld Group Plc stated that it plans to emerge from bankruptcy unscathed after senior lenders were reported to have been considering a sale of its east European operations.
Traders Cafe with Zak Mir: Bulletin Board Heroes, Friday 2nd December 2022 via Vox Markets
Zak Mir takes a charting look at some of the most followed small caps on the London stock market. Today’s selection of charts is FTSE 100, Dax 40, Dow, Bitcoin,
Cineworld Shares Surge After Bankruptcy Settlement with landlords, lenders
Cineworld Group, a movie theatre chain, announced Monday a bankruptcy settlement. This allowed the company to borrow $150 million more and repay $1 billion in debts.
Cineworld files for bankruptcy protection in the USA
Cineworld Group filed for bankruptcy protection in the US as the debt-laden company seeks to restructure.
Trader’s Café with Zak Mir: A Week In Small Caps, Sunday 4th September 2022
Back To School
Over the last eight years, the two brothers who run Cineworld have been paid almost £26m in salary – nearly equal to the firm’s current value.
Since joining Cineworld’s board of directors in 2014, Israel Greidinger and Mooky have been each paid huge sums. The company now faces bankruptcy.
Cineworld pays $100m to lawyers and bankers in an unfortunate survival battle
The second-largest cinema operator in the world is looking for a rescue plan.
Share Talk Weekly Stock Market News, Sunday 21st August 2022
For the small caps the landscape this year has been brutal, governed by a liquidity crunch as investors hoarded cash in the wake of the Ukraine uncertainty, and as much
Cineworld nears bankruptcy following Covid slump, may file for Chapter 11 in the US within weeks
Cineworld is about to file for bankruptcy following a collapse of audiences during the Covid crisis.
City’s most shorted stocks, how low can they go?
Cineworld, ASOS, Currys, BooHoo and Kingfisher are just a few of the notable names on a London-based list of most shorted equities.
New Covid rules for England cause Pound to plummet to a one-year low
Due to reports that the UK is under new Covid restrictions, the pound has fallen to its lowest point in over a year. Travel stocks are also on the decline.