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Regal Entertainment Group (RGC)

- NYSE
  • Fri, Mar. 13, 12:55 PM
    • Carmike Cinemas (CKEC +12.3%) pops after Reuter reports the movie chain is considering strategic alternatives including a merger.
    • Sources say Carmike has approached other exhibitors to discuss a potential combination.
    • Shares of Regal Entertainment (RGC +2%) and AMC Entertainment (AMC +2.4%) are higher on the day, while Cinemark Holdings (CNK -0.7%) and Reading International (RDI -1%) are sluggish.
    • Analysts think a merger in the sector would be closely appraised by regulators.
    | 2 Comments
  • Tue, Feb. 17, 11:29 AM
    • Movie theater stocks are out-performing broad indexes on a down market day.
    • A sizzling box office weekend for Fifty Shades of Grey could be the impetus.
    • Earlier this year, American Sniper gave the sector an unexpected traffic boost.
    • The YTD box is well-ahead of last year's pace with the biggest releases still to come.
    • Reading International (NASDAQ:RDI) +0.9%, Marcus Corporation (NYSE:MCS) +0.4%, Carmike Cinemas (NASDAQ:CKEC) +0.5%, Regal Entertainment (NYSE:RGC) +0.3%, Cinemark Holdings (NYSE:CNK) +0.2%, Dolby (NYSE:DLB) +0.4%, RealD (NYSE:RLD) +0.3%, AMC Entertainment (NYSE:AMC) flat on the day. IMAX (NYSE:IMAX) is -2.0% after taking on a Canaccord Genuity downgrade.
    • Previously: American Sniper crushes again at the box office (Jan. 26 2015)
    • Previously: 'Fifty Shades' sets records
    | Comment!
  • Dec. 17, 2014, 3:45 PM
    • Movie theater stocks move higher on above-average volume.
    • The rally is helping to make up for a broad decline yesterday tied to threats from the Sony hackers over U.S. screenings of The Interview.
    • Though the four major U.S. theater chains and Canadian firm Cineplex (OTC:CPXGF) have all dropped plans to show the movie due to security concerns, there's a buzz among media analysts that a pay-TV operator could strike a VOD deal to rescue Sony Pictures (NYSE:SNE).
    • Gainers: Carmike Cinemas (NASDAQ:CKEC+3.3%, Cinemark Holdings (NYSE:CNK+2.6%, Regal Entertainment (NYSE:RGC+1.9%, AMC Entertainment (NYSE:AMC+4.4%, Marcus Corp. (NYSE:MCS+1.3%.
    | 2 Comments
  • Dec. 16, 2014, 6:57 PM
    • A disturbing turn in the Sony Pictures (NYSE:SNE) hacking case developed when the hackers involved warned through Internet posts of attacks on movie theaters that feature The Interview.
    • The movie is scheduled to debut on December 25.
    • "All the world will denounce the SONY," reads the threat.
    • Movie theater stocks were lower on the day: Carmike Cinemas (NASDAQ:CKEC-2.1%, AMC Entertainment (NYSE:AMC-2.9%, Regal Entertainment (NYSE:RGC-0.7%, Cinemark Holdings (NYSE:CNK-2.6%.
    • Sony hacking case timeline
    | 1 Comment
  • Oct. 28, 2014, 10:21 AM
    • Movie theater stocks are higher after Regal Entertainment Group (RGC +5.4%) discloses it's exploring a possible sale.
    • Gainers: Cinemark Holdings (NYSE:CNK) +1.4%, AMC Entertainment (NYSE:AMC) +2.8%, Reading International (NASDAQ:RDI) +1.1%, The Marcus Corporation (NYSE:MCS) +2.4%.
    | Comment!
  • Oct. 27, 2014, 9:09 PM
    • Regal Entertainment (NYSE:RGC), the largest movie theater chain in the U.S., +15% AH after saying it is exploring strategic alternatives that may include a sale of the company.
    • The announcement came as RGC reported Q3 earnings that fell sharply from a year ago because of a weak summer box-office season.
    • In the post-earnings conference call, CEO Amy Miles said RGC's "strong performance" and "attractive industry dynamics" makes it an "opportune time to conduct a thorough review of our options."
    | Comment!
  • Oct. 27, 2014, 5:40 PM
    • Top gainers, as of 5:15 p.m.: TRNX +31.0%. RCPT +24.0%. MDCO +11.8%. RGC +10.9%. WMGI +5.9%.
    • Top losers, as of 5:15 p.m.: AMKR -13.2%. TWTR -9.4%. KN -8.2%. KSS -6.4%. AOL -5.6%.
    | Comment!
  • Oct. 27, 2014, 4:07 PM
    • Regal Entertainment (NYSE:RGC): Q3 EPS of $0.18 beats by $0.01.
    • Revenue of $693.8M (-14.7% Y/Y) misses by $30.34M.
    • Shares +12.14%.
    • Press Release
    | Comment!
  • Jul. 7, 2014, 10:19 AM
    • Movie theater stocks Regal Entertainment (RGC -1.1%), Carmike Cinemas (CKEC -0.6%), and Cinemark Holdings (CNK -3%) trade lower after a weak 4th of July weekend keeps movie chains under pressure to meet Q3 projections.
    • IMAX (IMAX -0.6%) and RealD (RLD -2.9%) are also lower off the lackluster box office news.
    | Comment!
  • May. 15, 2014, 9:16 AM
    • Topeka Capital Markets upgrades Regal Entertainment Group (RGC) to a Buy rating from Hold.
    • The investment firm lifts its price target on shares to $23 from $19.
    • RGC +3.5% premarket
    | Comment!
  • Sep. 4, 2013, 11:17 AM
    • Regal Entertainment Group (RGC -0.4%) is set to sell 2M shares of National CineMedia (NCMI -1.6%) in a public offering.
    • The offering includes a 300K share underwriter option.
    • NCMI will receive no proceeds from the deal and will own 46.7-47% of NCM LLC once the offering is complete. (PR)
    | Comment!
  • Dec. 7, 2012, 12:50 PM
    Midday top 10 gainers: CBMX +184%. GTIM +48%. LTBR +18%. DLGC +17%. RECV +16%. UNXL +15%. PAMT +15%. TELK +14%. JKS +14%. XPLR +11%.
    Midday top 10 Losers: TOPS -23%. AMRN -19%. KUTV -15%. VTSS -13%. MBLX -11%. CHLN -11%. CHTP -9%. RGC -8%. CUR -8%. AACC -8%.
    | Comment!
  • Nov. 29, 2012, 5:46 PM
    After-hours top gainers, as of 5:15 p.m.: CBK +17.1%. FIVE +8.6%. SKUL +6.8%. ULTA +5.2%. RGC +3.9%.
    After-hours top losers: ZNGA -10.7%. YUM -7.3%. ZUMZ -6.9%. AVGO -3.1%. GRPN -3.0%.
    | 5 Comments
  • May. 21, 2012, 10:16 AM
    Shares of Regal Entertainment (RGC +2.9%) and Cinemark Holdings (CNK +2.2%) trade higher in the wake of a mega-deal by China's Wanda Group to buy AMC Entertainment.
    | 1 Comment
  • May. 2, 2012, 10:38 AM
    Regal Entertainment (RGC +6.6%) gets a boost from Stifel Nicolaus with an upgrade to Buy from Hold as the company continues to catch buzz over the upcoming release of IMAX-loaded The Dark Knight Rises.
    | Comment!
  • Mar. 23, 2012, 1:54 PM
    Piper Jaffray says Hunger Games may be the highest grossing March release ever. Midnight sales are roughly translating into a $325M domestic box office performance, well above the firm's current $225M estimate. The firm recommends buying: Lions Gate (LGF -1.2%), IMAX (IMAX -0.9%), Cinemark (CNK +1.5%), Regal Entertainment (RGC +1.2%) and Carmike Cinemas (CKEC +2.6%).
    | 1 Comment
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Company Description
Regal Entertainment Group operates a theatre circuit in the United States. It develops, acquires, and operates multi-screen theatres in mid-sized metropolitan markets andsuburban growth areas of metropolitan markets throughout United States.