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Top related persons:
Marcus Corp - 1 Mike Hickey - 1 Marcus - 1 Hickey - 1
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Minnesota Wisconsin
Top related orgs:
Hollywood - 1

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3 mentions found


☆ A movie theater chain you've likely never heard of is a catch-up trade, according to Benchmark
  + stars: | 2024-07-29 | by ( Alex Harring | ) www.cnbc.com   time to read: +2 min
Investors should snap up beat-down Marcus Corp. shares as the film industry continues rebounding, according to Benchmark. While Marcus stock has slipped more than 13% in 2024, rivals Cinemark and Imax have climbed more than 59% and 36%, respectively. "We believe Marcus offers a compelling catch-up trade," Hickey told clients in a Sunday note. MCS CNK,IMAX YTD mountain Marcus vs. Cinemark and Imax in 2024 Notably, Marcus is much smaller than these other names. Marcus' removal from the S & P 600 and its repurchase of convertible notes also negatively impacted the stock, Hickey said.
Persons: Marcus Corp, Mike Hickey, Marcus, Hickey Organizations: Hollywood Locations: Minnesota, Wisconsin
☆ 'Call of Duty' steers Activision sales in tough quarter for game makers
  + stars: | 2023-02-06 | by ( ) www.reuters.com   time to read: +2 min
Feb 6 (Reuters) - Videogame publisher Activision Blizzard (ATVI.O) beat Wall Street estimates for fourth-quarter adjusted sales on Monday, thanks to the success of the latest game in its "Call of Duty" franchise. The company expects its full-year adjusted sales to grow at least in high-single digits, bolstered by the launch of games including "Diablo IV." Adjusted sales in the quarter ended Dec. 31 came in at $3.57 billion, compared with analysts' average estimate of $3.16 billion, according to Refinitiv data. Activision's $69-billion takeover by Microsoft is being challenged by the U.S. Federal Trade Commission and being investigated by EU authorities. Fourth quarter net income fell to $403 million, or 51 cents per share, from $564 million, or 72 cents per share, a year earlier.
☆ Take-Two confirms GTA VI leak, says game development unaffected
  + stars: | 2022-09-19 | by ( Nivedita Balu | ) www.reuters.com   time to read: +2 min
REUTERS/Andrew Kelly/File PhotoSept 19 (Reuters) - Take-Two Interactive Software Inc (TTWO.O) on Monday confirmed that a hacker had leaked the early footage of Grand Theft Auto VI, the next installment of the best-selling videogame. The company, however, said it did not expect the incident to affect the game's development, helping its shares pare some of their losses from a 6% drop in premarket trading. We have already taken steps to isolate and contain this incident," Take-Two said in a statement. "The leaked footage simply confirms existing market rumors on the game's development that have been circulating for years," Benchmark analyst Mike Hickey said. "We are incrementally more confident the game can release in FY25 and provide a significant catalyst for revenue and profit growth."
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