The next focusIR Investor Webinar takes places on 14th May with guest speakers from Blue Whale Growth Fund, Taseko Mines, Kavango Resources and CQS Natural Resources fund. Please register here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksCINE.L Share News (CINE)

  • There is currently no data for CINE

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

Thursday preview: Bank of England, Cineworld in the spotlight

Wed, 16th Mar 2022 12:45

(Sharecast News) - Financial markets' attention on Thursday will be on the Bank of England, even as investors keep a wary eye trained on events in Ukraine.

Policymakers are widely expected to hike Bank Rate again, by 25 basis points, to 0.75%.

Nonetheless, for their part, economists at Barclays Research expect the Monetary Policy Committee to strike a dovish tone, given the uncertainty around the conflict in Ukraine.

Barclays expected the monetary policy decision to be unanimous.

A raft of economic data is set for release in the States, including the results of the Philly Fed's factory sector survey for March.

Across the Channel meanwhile, at 0930 GMT, European Central Bank president, Christine Lagarde, will speak at 'The ECB and its Watchers XXII' conference.

Against that backdrop, at 1000 GMT, Eurostat will publish a final reading for euro area consumer prices in February.

The most important element of Cineworld's full-year results presentation will likely be its guidance. That is because the heavily indebted company, which is also facing potential multi-million legal redress costs for their aborted merger, needs to see a "big" improvement in revenues, says Michael Hewson, chief market analyst at CMC Markets UK.

Compounding matters, recent sharp increases in inflation are likely to be a drag on discretionary spending, although Cineworld did report a sharp pick up in sales for December, which allowed it to turn cash-flow positive during the fourth quarter.

Worth noting, in the past the company has broached the possibility of pursuing a US listing and a possible flotation of its Regal unit in the States.

Thursday 17 March

INTERIM DIVIDEND PAYMENT DATE

Ideagen, Knights Group Holdings

INTERIM EX-DIVIDEND DATE

Brooks Macdonald Group, Colefax Group, Dunelm Group, Grit Real Estate Income Group Limited NPV, Ince Group (The), JPMorgan Mid Cap Inv Trust, NWF Group, Thorpe (F.W.), Trifast, Triple Point VCT 2011 'B'

QUARTERLY EX-DIVIDEND DATE

Round Hill Music Royalty Fund Limited NPV, Standard Life Private Equity Trust

INTERNATIONAL ECONOMIC ANNOUNCEMENTS

Building Permits (US) (12:30)

Capacity Utilisation (US) (13:15)

Continuing Claims (US) (12:30)

Housing Starts (US) (12:30)

Industrial Production (US) (13:15)

Initial Jobless Claims (US) (12:30)

Philadelphia Fed Index (US) (12:30)

Retail Sales (US) (12:30)

FINALS

Ceres Power Holdings, Cineworld Group, Deliveroo Class A , EMIS Group, Empresaria Group, Harbour Energy , Helios Towers , Marshalls, PensionBee Group , Portmeirion Group, Transgloble Energy Corporation NPV (DI), Tribal Group

SPECIAL EX-DIVIDEND DATE

Anglo American, Thorpe (F.W.)

AGMS

Autins Group

TRADING ANNOUNCEMENTS

Ocado Group

UK ECONOMIC ANNOUNCEMENTS

BoE Interest Rate Decision (12:00)

FINAL DIVIDEND PAYMENT DATE

Blackrock Income And Growth Investment Trust, Treatt

FINAL EX-DIVIDEND DATE

Anglo American, Bellevue Healthcare Trust (Red), BlackRock World Mining Trust, Crest Nicholson Holdings, Dairy Farm International Holdings Ltd (Bermuda), Dairy Farm International Holdings Ltd. (Jersey), Dairy Farm International Holdings Ltd. (Singapore), HGCapital Trust, Hikma Pharmaceuticals, Hongkong Land Holding Ltd. (Bermuda), Hongkong Land Holding Ltd. (Jersey), Hongkong Land Holding Ltd. (Sing.Reg), Jardine Matheson Holdings Ltd (Singapore Reg), Jardine Matheson Holdings Ltd. (Bermuda), Jardine Matheson Holdings Ltd. (Jersey), MTI Wireless Edge Ltd., NATWEST GROUP PLC ORD 100P, RM, SEGRO, Spirent Communications

More News
17 Aug 2022 10:46

SMALL-CAP WINNERS & LOSERS: UK inflation hits Made.com, lifts Bakkavor

(Alliance News) - The following stocks are the leading risers and fallers among London Main Market small-caps on Wednesday.

Read more
17 Aug 2022 09:33

Cineworld plummets on warning of "very significant" share dilution

(Alliance News) - Cineworld Group PLC shares crashed on Wednesday after it warned lacklustre trading is prompting potential financing decisions that could significantly dilute shareholders.

Read more
17 Aug 2022 09:12

Cineworld plunges as lack of blockbusters adds to debt woes

Aug 17 (Reuters) - Cineworld warned on Wednesday a lack of big-budget movies was hitting admissions and would likely persist until November, potentially complicating efforts to cut debt that it warned could significantly dilute shareholder interests.

Read more
17 Aug 2022 08:43

LONDON MARKET OPEN: Stocks tread water and pound unstirred by UK CPI

(Alliance News) - Stocks in Europe opened largely flat on Wednesday, while the pound struggled to build a head of steam, despite a historic uptick in UK inflation all but ensuring another chunky rate hike by the Bank of England.

Read more
17 Aug 2022 08:08

Cineworld mulls restructure as lack of blockbusters hits sales

(Sharecast News) - Film theatre chain Cineworld warned on Wednesday that a lack of big-budget film releases was hitting admissions at its cinemas and would persist until November, hitting trading and the group's liquidity.

Read more
17 Aug 2022 07:45

LONDON MARKET PRE-OPEN: New Plus500 buyback; Balfour ups outlook

(Alliance News) - Stock prices in London are seen opening higher on Wednesday, with Asian stocks on the up too, while focus will be in the pound throughout the morning after figures showed the UK annual inflation rate has topped 10%.

Read more
27 Jul 2022 11:02

RWS Holdings appoints easyJet's Julie Southern as chair designate

(Alliance News) - RWS Holdings PLC on Wednesday named Julie Southern as non-executive director and chair designate.

Read more
5 Jul 2022 12:07

LONDON MARKET MIDDAY: Banks and miners languish on recession fears

(Alliance News) - European equities struggled by midday on Tuesday, with tentative early gains evaporating, while the euro hit a two-decade low against the dollar following poor economic data from the single currency bloc.

Read more
23 Jun 2022 09:42

LONDON BROKER RATINGS: Deutsche Bank raises Rentokil and cuts Intertek

(Alliance News) - The following London-listed shares received analyst recommendations Thursday morning and Wednesday:

Read more
30 May 2022 15:07

Cineworld cruises higher as Top Gun: Maverick breaks box office records

(Sharecast News) - Cineworld shares surged on Monday, with traders pointing to the fact that Top Gun: Maverick has broken box office records in North America.

Read more
27 May 2022 12:15

LONDON MARKET MIDDAY: Markets upbeat ahead of US inflation print

(Alliance News) - London's FTSE 100 index edged higher midday Friday, overcoming a subdued start and subsequent see-saw trade, while peers in Europe were more comfortably in the green, continuing post-Federal Reserve minutes gains which started earlier in the week.

Read more
10 May 2022 08:24

Cineworld obtains undertakings to waive guaranteed convertible bonds

(Sharecast News) - Movie theatre operator Cineworld said on Tuesday that it had obtained undertakings to waive from the holders of its guaranteed convertible bonds due in 2025.

Read more
5 May 2022 16:08

UK shareholder meetings calendar - next 7 days

Friday 6 May 
BlackRock World Mining Trust PLCAGM
CMO Group PLCAGM
InterContinental Hotels Group PLCAGM
Man Group PLCAGM
Rightmove PLCAGM
Spirent Communications PLCAGM
Monday 9 May 
Aviva PLCAGM
Aviva PLCGM re proposed capital return
Midwich Group PLCAGM
Tuesday 10 May 
Capita PLCAGM
Centamin PLCAGM
Direct Line Insurance Group PLCAGM
Doric Nimrod Air One LtdEGM re amending articles of incorporation
Gresham Technologies PLCAGM
HgCapital Trust PLCAGM
IWG PLCAGM
Just Group PLCAGM
Macfarlane Group PLCAGM
Temple Bar Investment Trust PLCAGM
Wednesday 11 May 
abrdn Asian Income Fund LtdAGM
Antofagasta PLCAGM
Capricorn Energy PLCAGM
Cenkos Securities PLCAGM
Clarkson PLCAGM
Conduit Holdings LtdAGM
Harbour Energy PLCAGM
Harbour Energy PLCGM re proposed capital reduction
Hostelworld Group PLCAGM
Impact Healthcare REIT PLCAGM
Jupiter Fund Management PLCAGM
LungLife AI IncAGM
MC Mining LtdEGM re director change
National Express Group PLCAGM
Rentokil Initial PLCAGM
Savills PLCAGM
Schroder Asian Total Return Investment Co PLCAGM
Spirax-Sarco Engineering PLCAGM
Spire Healthcare Group PLCAGM
Tasty PLCAGM
TClarke PLCAGM
TP ICAP Group PLCAGM
TransGlobe Energy CorpAGM
Tribal Group PLCAGM
Uniphar PLCAGM
Windward LtdAGM
Thursday 12 May 
Alfa Financial Software Holdings PLCAGM
Anglo Pacific Group PLCAGM
Baillie Gifford Shin Nippon PLCAGM
Balfour Beatty PLCAGM
BP PLCAGM
Bridgepoint Group PLCAGM
Cineworld Group PLCAGM
Circassia Group PLCAGM
ContourGlobal PLCAGM
ConvaTec Group PLCAGM
Empresaria Group PLCAGM
Eurocell PLCAGM
FBD Holdings PLCAGM
Genel Energy PLCAGM
Gresham House PLCAGM
Gym Group PLCAGM
Hiscox LtdAGM
Howden Joinery Group PLCAGM
Lloyds Banking Group PLCAGM
Logistics Development Group PLCAGM
Luceco PLCAGM
Michelmersh Brick Holdings PLCAGM
OSB Group PLCAGM
Quilter PLCGM re capital return proposal
Quilter PLCAGM
Quilter PLCGM re B share return
Rolls-Royce Holdings PLCAGM
Schiehallion Fund LtdAGM
Secure Trust Bank PLCAGM
Serinus Energy PLCAGM
Shefa Gems LTDAGM
SIG PLCAGM
Unbound Group PLCAGM
Unite Group PLCAGM
  
Copyright 2022 Alliance News Limited. All Rights Reserved.

Read more
4 May 2022 10:46

Cineworld starts new discussions with Regal over payment deadlines

(Alliance News) - Cineworld Group PLC on Wednesday it is once again renegotiating its payment schedule with Regal shareholders, in the hopes of increasing its liquidity.

Read more
4 May 2022 08:28

Cineworld seeks another extension to Regal shareholder payments

(Sharecast News) - Cineworld said on Wednesday that it was looking to delay its payments to former Regal Entertainment shareholders further, having agreed an extension already in February.

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.