Cineworld drops more than 50% on bankruptcy report

James G. Cole

Britain’s Cineworld Group (CINE.L), the parent company of Regal Cinemas, is preparing to file for bankruptcy after struggling to climb back from pandemic lows, according to The Wall Street Journal. Share plunged on the news, down more than 50% in early morning trading. The report added that the company, which […]

‘It’s hard to imagine how inept they are’

James G. Cole

Kohl’s train-wreck of a 2022 is rolling right along, and a top institutional shareholder in the retailer tells Yahoo Finance that it all points back to a poor job by execs in the C-suite and those hanging out on the company’s board yearning to collect checks. “It’s hard to imagine […]

Survey finds 50% of companies want to cut headcount

James G. Cole

This article first appeared in the Morning Brief. Get the Morning Brief sent directly to your inbox every Monday to Friday by 6:30 a.m. ET. Subscribe Friday, August 19, 2022 Today’s newsletter is by Myles Udland, senior markets editor at Yahoo Finance. Follow him on Twitter @MylesUdland and on LinkedIn. […]

3 restaurant stocks to buy with gas prices tanking

James G. Cole

Gas prices in the U.S. fell below $4 dollar per gallon for the first time since March, leaving Americans with more money to satisfy fast food cravings. “Never short the American appetite,” Citi Research U.S. Restaurant and Leisure Analyst Jon Tower, told Yahoo Finance (video above), adding that certain restaurant […]