MARKET REPORT: Cineworld roars back on US Godzilla vs Kong opening

Monster takings at US box offices for Godzilla vs Kong sent Cineworld to the top of the FTSE 350 leaderboard. The creature feature raked in £23million in the US over its three-day opening weekend – even though it was also available on streaming services, and social distancing meant cinemas weren’t full. It was a record … Read more

Cineworld best performing share in FTSE350

Cineworld best performing share in FTSE350 since November 6, rising an astonishing 268%, according to AJ Bell By Daily Mail City & Finance Reporter Published: 21:57 GMT, 19 March 2021 | Updated: 22:26 GMT, 19 March 2021 Cineworld has been the best performing share in the FTSE350 since November 6 last year, shortly before Pfizer … Read more

Cineworld bosses could get up to £208M in bonuses despite receiving taxpayer support

Cineworld bosses could get up to £208 MILLION in bonuses after shareholders approved ‘excessive’ payout scheme – despite firm receiving taxpayer support during lockdown Chief executive alone could receive up to £65million of the bonus money   Cinema company received taxpayer support through furlough during pandemic Bosses secured an extra £560million in November from independent lenders  … Read more

Cineworld bonus scheme faces investor backlash

Cineworld facing investor backlash over plans to pay bonuses worth up to £65m to its chief executive despite receiving taxpayer cash to survive the pandemic By Daily Mail City & Finance Reporter Published: 21:59 GMT, 22 January 2021 | Updated: 22:00 GMT, 22 January 2021 Cineworld is facing an investor backlash over plans to pay … Read more

MARKET REPORT: Cineworld shares take a pummelling

MARKET REPORT: Cineworld shares take a pummelling after Warner Bros unveils plans to debut films online and in theatres at the same time next year By Francesca Washtell For The Daily Mail Published: 21:50 GMT, 4 December 2020 | Updated: 21:50 GMT, 4 December 2020 Cineworld shares took a pummelling after Warner Bros unveiled plans … Read more

BUSINESS LIVE: FTSE set for rise; Cineworld secures extra liquidity

BUSINESS LIVE: FTSE rises as Astrazeneca confirms vaccine 90% effective; Cineworld secures extra liquidity; AA receives £210m offer By This Is Money Published: 08:10 GMT, 23 November 2020 | Updated: 08:21 GMT, 23 November 2020 AstraZeneca’s vaccine trial and Prime Minister Boris Johnson’s speech today outlining the loosening of lockdown restrictions that will happen after … Read more

Why Cineworld is the UK’s most shorted stock

Cineworld, the world’s second-largest cinema chain, has been revealed as the UK’s most shorted stock. Some 9.51 per cent of Cineworld’s stock was held short by 10 investment firms, according to analysis carried out by ETF provider GraniteShares, with Adelphi Capital LLP having the largest short position with 2.07 per cent of the company’s shares.  … Read more

Some Cineworld cinemas will NEVER reopen after Covid lockdown as bosses consider permanent closures

Some Cineworld cinemas will NEVER reopen after Covid lockdown as bosses consider permanent closures and job losses in bid to save struggling movie house chain Virus forced industry-wide cinema closures for several weeks earlier this year Cineworld then shut all 128 of its venues again last month, with 5,500 jobs at risk A lack of … Read more