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Added on the 02/01/2018 17:19:58 - Copyright : Wochit
Gizmodo reports ailing theater chain AMC might be totally broke by the end of 2020. In financial filings, the company disclosed on Tuesday that it may require 'additional sources of liquidity or increases in attendance levels' to survive. In other words, it'll need more cash or more butts on seats--or both. The company cites low attendance and a delayed movie release schedule during the coronavirus pandemic. If those don’t change, AMC may pursue additional debt and equity financing, renegotiations with landlords, asset sales, or joint ventures. They're not alone. Competitor Regal Cinemas has also disclosed it will need fresh funds by early 2021 if the winter results in 'prolonged' shutdowns.
Hong Kong, Sep 21 (EFE/EPA).- Shares of British banking giant HSBC, listed at the Hong Kong stock exchange, on Monday closed at their lowest level since 1995 after multiple media outlets published reports about an investigation that revealed that the bank allowed millions of dollars to be transferred in fraudulent transactions. The bank's share price closed at HK$ 29.3 ($3.78) on Monday, a 52 percent slump compared to the beginning of the year and 81 percent lower than its highest level reached in 2007, just before the global financial crisis. The Hong Kong exchange witnessed HSBC shares lose 5.33 percent of their value within Monday. (Camera: JEROME FAVRE).SHOT LIST: GENERAL VIEW OF A HONG KONG AND SHANGHAI BANK (HSBC) BRANCH IN HONG KONG.
Now that comic book movies have almost taken over mainstream media both DC Films and Marvel Studios have a stacked year ahead. DC Films, now spearheaded by Geoff Johns, is releasing 3 films in 2017 including Lego Batman, Wonder Woman, and Justice League. Marvel Studios, still owned by Disney, is also releasing 3 films in 2017 with Gaurdians of the Galaxy Vol.2, Spider-Man: Homecoming, and Thor: Ragnarok.
Boulder City, Aug 21 (EFE/EPA).- The water level at Lake Mead, the largest US reservoir by volume, fell to record low on Saturday of below 1,075 feet, as the historic drought impacting the Colorado River prompts water cuts. (Camera: ETIENNE LAURENT).SHOT LIST: THE LAKE MEAD NATIONAL RECREATION AREA NEAR BOULDER CITY, NEVADA, US.
The International Criminal Court sentences Dominic Ongwen, a Ugandan child soldier who became a commander of the notorious Lord's Resistance Army (LRA), to 25 years' jail for war crimes and crimes against humanity. SOUNDBITE
Madrid, Apr 12 (EFECOM).- The Spanish Stock Exchange, which opened this Monday with hardly any variation, increased losses and fell 0.25% in the first trading stages, affected by large stocks, companies linked to tourism and banking.FOOTAGE OF SPAIN'S STOCK MARKET, IN MADRID
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