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To: John4.11

I know what you are experiencing. Bless her, and you.


370 posted on 04/09/2020 7:26:37 PM PDT by bitt ("I can't spare this man, he fights." A. Lincoln)
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To: bitt

Thanks, bitt. She just wants to go home...if you know what I mean. :D


371 posted on 04/09/2020 7:30:55 PM PDT by John4.11 (Matthew 5:43-45 love your enemies, bless those who curse you)
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To: bitt
Consequences...?

AMC Theatres "Bankruptcy Appears Likely," Analyst Says

MKM Partners analyst Eric Handler on Thursday downgraded his rating on shares of the exhibitor from "neutral" to "sell," saying that "bankruptcy appears likely."

That followed Loop Capital analyst Alan Gould's Wednesday downgrade to a "sell" in a report that concluded: "We think bankruptcy is a distinct possibility, and at a minimum, the company will require a highly-dilutive financing."

AMC, in which Chinese conglomerate Dalian Wanda Group owns a majority voting stake, has been looking for various ways to reduce costs, in late March furloughing all of its 600 corporate employees, including CEO Adam Aron, following the closure of all its cinemas. It had earlier already cut its dividend by 85 percent.

Loop Capital... wonder how much value Chinese investments have lost worldwide due to the shutdown and who benefits from this?

382 posted on 04/09/2020 7:42:02 PM PDT by eldoradude (Boycott Chinese made goods)
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