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Tag: European

AMC Entertainment May Hit Up European Investors for Cash

Finance
AMC Entertainment (NYSE: AMC) stock is down a stunning 67% over the past year. The movie theater industry has not only had to deal with an underwhelming box office but also long-term concerns over the rise of streaming video and the potential for a shortened first-run movie window .AMC's fall has been even more severe than that of other large theater chains, however, due to its high level of debt. As of the end of the recent quarter, AMC had a whopping $ 4.3 billion in debt. Including capital leases, the number is almost $ 5 billion. That's very high, considering AMC has a market capitalization of just $ 1.5 billion. That debt load was due to AMC buying three other theater chains over the past year -- Carmike Cinemas, Odeon (in the U.K,  Germany, Austria...
European Football Show Podcast on talkSPORT 2, November 23 2017

European Football Show Podcast on talkSPORT 2, November 23 2017

Sports
European Football Show Podcast on talkSPORT 2, November 23 2017Friday, November 24, 2017Andy Brassell and Paolo Bandini round up the week’s football stories from across Europe and round up the Champions League and Europa League action.Plus they look ahead to the big matches around the continent this weekend including the top of the table clash between Valencia and Barcelona in Spain and the Revierderby between Borussia Dortmund and Schalke.Let's block ads! (Why?)
European Stocks Edge Lower as Rising UK Inflation Raises Prospects of Rate Hike in Britain

European Stocks Edge Lower as Rising UK Inflation Raises Prospects of Rate Hike in Britain

Finance
Shutterstock photoEuropean equity benchmarks were struggling for direction on Tuesday morning after a jump in the UK's inflation rate prompted speculation that the Bank of England may raise interest rates at its next meeting in November and as car-manufacturers shifted into reverse.Britain's consumer price index ( CPI ) posted annual growth of 3% in September, up from 2.9% in August, according to data published by the Office for National Statistics. The increase in consumer prices is broadly expected to influence discussions at the Bank of England ahead of of its next monetary policy decision. Rising inflation, which has been a key theme since Britain's surprise referendum decision to leave the European Union (EU) last June, is generally expected to heighten the probability of a rate hike...
All pieces of a new European gas pipeline delivered

All pieces of a new European gas pipeline delivered

Business
Oct. 16 (UPI) -- The last of the 55,000 pieces of pipe needed to build a transit network from a giant gas field offshore Azerbaijan to Europe has arrived, developers said.The Trans Adriatic pipeline consortium announced Monday that the final section of the pipeline arrived in Thessaloniki, Greece. That means all pieces have reached their final destination in each of the three host countries; Greece, Albania and Italy."This is yet another key milestone towards successful realization of the project," TAP Project Director John Haynes said in a statement. "The entire logistics delivery process was carried out in line with the project schedule and to the highest safety standards."The 545-mile natural gas pipeline will start delivering gas from the Shah Deniz gas project offshore Azerbaijan to E...