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So what are some beaten down names we can all discuss here to profit from in 2016???
3D Printing plays like DDD???
Nat Gas plays like WPRT???
Yep, now my strike on my puts is $55 and I got double the amt
He said he got shaken out before the big move too lol
Somebody needs to flush that Chipotle toilet and let it drain.
I had $480 puts last week exp that didn't do squat... even with the right idea it always seems to be one exp too early with these big movers.
$ERIC @ $9.80 now holding strong...$10.00 by tomorrow hopefully and we see some higher bids on those $10 calls!
$ERIC @ $9.80 now holding strong...$10.00 by tomorrow hopefully and we see some higher bids on those $10 calls!
Pretty much like DIS did after the movie...and continuing to do so
Interesting that NKE was upped on a decent report and the stock collapsed off the early earnings pop.
Any more states raise their hand, or GOD forbid somebody chokes and it will ...
E-Coli...it's what's for dinner :)
NKE Dec 31 '15 $110 Puts @ $0.03...what the hey lol
PM'd you
Shutterstock looks interesting
Bought a few Dec 31 $400puts @ $0.40 yesterday
$PSDV - So what do you guys think happened there today? All the longs sold covered calls? Or all that volume is new buyers and I should be looking at $5.00 calls for February or something? OR puts for the pullback?
$PSDV - PSivida shares skyrocket after drug meets trial goals
11:41 AM ET 12/22/15 | MarketWatch
By Emma Court
Stock hits 5-year high on volume of more than 100 times the full-day average
PSivida Corp.'s stock soared on heavy volume Tuesday, after the company reported positive results from a late-stage clinical trial for a new eye disease-treating drug.
Shares of pSivida (PVA.AU) ran up as much as 57% in morning trade to an intraday high of $5.81, the highest price seen since December 2010, before paring some gains. Volume in the first two hours of trade was about 9.7 million shares, or more than 100 times the full-day average of 84,140 shares, according to FactSet.
(https://w.graphiq.com/w/eeWirt8CYEl)
The company said early Tuesday that Medidur, a drug that treats chronic noninfectious posterior uveitis, met its primary efficacy endpoint in a Phase 3 trial. Of the 129 patients at multiple centers that participated in the trial, 18.4% of those treated with Medidur saw posterior uveitis recur at the six month follow-up, compared to 78.6% of control eyes.
The finding was "highly statistically significant," the company said in a statement. The trial's principal investigator, Dr. Glenn Jaffe of Duke University, called the results "extraordinary."
"With a single injection, Medidur showed the ability to control the recurrence of posterior uveitis, improve visual acuity and prevent vision loss," Jaffe said.
(https://w.graphiq.com/w/VSuyXXo24l)
Uveitis is an eye inflammation that can cause temporary and permanent vision problems in one or both eyes. It is found most in adults ages 20 to 50. Posterior uveitis is a rarer form of the group of diseases and estimated to affect 75,000 people in the US.
-Emma Court; 415-439-6400; AskNewswires@dowjones.com
> Dow Jones Newswires
December 22, 2015 11:41 ET (16:41 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
QIWI Publishes Historical Financial Statements and Pro Forma Financial Information in Connection With the Acquisition of Contact and Rapida
9:15 AM ET 12/22/15 | GlobeNewswire
QIWI plc (Nasdaq:QIWI) (MOEX:QIWI) ("QIWI" or the "Company"), a leading provider of next generation payment services in Russia and the CIS today announced that it has published the financial statements related to the acquisition of 100% ownership in the Contact money transfer system ("Contact") and the Rapida payment processing system ("Rapida"), which was closed in two consecutive transactions on June 2, 2015 and June 30, 2015 including:
-- Unaudited interim condensed consolidated financial statements of CIHRUS LLC as of and for the three months ended March 31, 2015;
-- Audited consolidated financial statements of CIHRUS LLC as of and for the year ended December 31, 2014;
-- Audited consolidated financial statements of Attenium LLC as of and for the year ended December 31, 2014;
-- Unaudited pro forma combined financial statements as of and for the three months ended March 31, 2015 and for the year ended December 31, 2014; and
-- Certain non-IFRS adjusted metrics for the three months ended March 31, 2015 and for the year ended December 31, 2014.
This press release should be read in conjunction with the historical financial statements of CIHRUS LLC ("CIHRUS") and Attenium LLC and the unaudited pro forma combined financial statements included as exhibits to the Company's Report of a Foreign Private Issuer on Form 6-K furnished to the SEC on December 22, 2015, and the Company's financial statements and notes included in the Company's Annual Report on Form 20-F for the year ended December 31, 2014, filed on March 12, 2015 and unaudited financial results of QIWI plc as of and for the three months ended March 31, 2015, included as Exhibit 99.2 to the Report of a Foreign Issuer on Form 6-K of QIWI plc furnished to the SEC on May 14, 2015.
On June 2 and June 30, 2015, the Company acquired 70% and 30%, respectively, of the outstanding interests in CIHRUS, the holding company that held the Contact and Rapida businesses, from Otkritie Investment Cyprus Limited ("Otkritie") in exchange for 5,593,041 class B shares.
QIWI believes that this acquisition gives it the opportunity to strengthen its position and increase its market share in the money remittance market as well as in the financial services market by leveraging its ecosystem and offering new high quality products and services to its customers.
The unaudited pro forma combined financial statements as of and for the three months ended March 31, 2015 and non-IFRS adjusted metrics for the three months ended March 31, 2015 present on a pro forma basis the combined businesses of QIWI and CIHRUS, including the Contact and Rapida businesses, for the first quarter 2015.
For the year ended December 31, 2014, financial information for Attenium LLC, which includes the Rapida business, was only consolidated with CIHRUS in the second half of 2014 (following the acquisition of Attenium LLC by CIHRUS), and financial information for the Contact business was only consolidated with CIHRUS starting in October 2014 (following the transfer of its operational contracts to Attenium LLC). Therefore the unaudited pro forma combined financial statements for the year ended December 31, 2014, only present on a pro forma basis the combined businesses of QIWI and CIHRUS (including the Contact business from October 2014 and the Rapida business from the second half of 2014).
In order to show the reader the effect of the fuller impact of the acquisition of the Rapida and Contact business in 2014, additional supplemental pro forma information with respect to the combined businesses of QIWI, Rapida and Contact for the year ended December 31, 2014 is presented in Appendix 1 of the unaudited pro forma combined financial statements. Appendix 1 gives effect to the acquisition of Rapida (Attenium LLC) as if such acquisition had occurred on January 1, 2014, and gives effect to the acquisition of Contact upon its acquisition by CIHRUS in October 2014.
As disclosed in the historical financial statements of CIHRUS and Attenium LLC and the unaudited pro forma combined financial statements, Contact and Rapida demonstrated the following financial results.
Revenues: Total Adjusted Net Revenue of Rapida was RUB 523 million and RUB 233 million for the year ended December 31, 2014 and the three months ended March 31, 2015, respectively. Total Adjusted Net Revenue of Contact for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC was RUB 223 million and RUB 338 million for the three months ended March 31, 2015.
Payment Adjusted Net Revenue of Rapida, which is principally composed of payment processing fees, was RUB 566 million and RUB 158 million for the year ended December 31, 2014 and the three months ended March 31, 2015, respectively. Payment Adjusted Net Revenue of Contact, which is principally composed of payment processing fees, was RUB 241 million for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC and RUB 322 million for three months ended March 31, 2015.
Other Adjusted Net Revenue of Rapida, which is principally composed of interest revenue and interest revenue from agent's overdrafts, for the year ended December 31, 2014, was negative RUB 43 million (primarily due to a one-off expense related to the settlement of a security breach) and RUB 75 million for the three months ended March 31, 2015. Other Adjusted Net Revenue of Contact, which is principally composed of interest revenue, was negative RUB 18 million for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC and RUB 16 million for the three months ended March 31, 2015.
Adjusted Net Profit: Adjusted Net Profit of Rapida was RUB 101 million for the year ended December 31, 2014 and RUB 61 million for the three months ended March 31, 2015. Adjusted Net Profit of Contact was RUB 86 million for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC and RUB 193 million for the three months ended March 31, 2015.
On a pro forma basis, Adjusted Net Profit of QIWI including Contact and Rapida was RUB 22.8 per diluted share for the three months ended March 31, 2015 compared with RUB 20.3 per diluted share for the three months ended March 31, 2015 for QIWI on a non-pro forma basis.
Other Operating Data: For the year ended December 31, 2014, Total Payment Volume of Rapida was equal to RUB 442.5 billion and to RUB 92.9 billion for three months ended March 31, 2015. Total Payment Volume of Contact for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC was equal to RUB 58.7 billion and RUB 55.8 billion for the three months ended March 31, 2015.
Average payment net revenue yield for Rapida was 0.13% for the year ended December 31, 2014 and 0.17% for the three months ended March 31, 2015. Average payment net revenue yield for Contact was 0.41% for the year ended December 31, 2014 starting from the acquisition of Contact by Attenium LLC and 0.58% for the three months ended March 31, 2015.
Starting June 2015, QIWI fully consolidated Contact and Rapida, with Contact contributing primarily to the Money Remittance market vertical and Rapida contributing primarily to the Financial Services market vertical and, to a lesser degree, the E-commerce market vertical.
About QIWI
QIWI is a leading provider of next generation payment services in Russia and the CIS. It has an integrated proprietary network that enables payment services across physical, online and mobile channels. It has deployed over 16.7 million virtual wallets, over 149,000 kiosks and terminals, and enabled merchants to accept over RUB 70 billion cash and electronic payments monthly from over 57 million consumers using its network at least once a month. QIWI's consumers can use cash, stored value and other electronic payment methods to order and pay for goods and services across physical or online environments interchangeably.
Forward-Looking Statements
This press release includes "forward-looking statements" within the meaning of, and subject to the protection of, the Private Securities Litigation Reform Act of 1995, including, without limitation, statements regarding the expected benefits from the acquisition of Rapida and Contact. Such forward-looking statements involve known and unknown risks, uncertainties, and other factors that may cause the actual results, performance or achievements of QIWI plc to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Various factors that could cause actual future results and other future events to differ materially from those estimated by management include, but are not limited to, the achievement of the expected benefits of the transaction, risks associated with integrating the businesses of QIWI, Contact and Rapida, competition, regulation, QIWI's ability to grow physical and virtual distribution channels, QIWI's ability to expand geographically and other risks identified under the Caption "Risk Factors" in QIWI's Annual Report on Form 20-F and in other reports QIWI files with the U.S. Securities and Exchange Commission. QIWI undertakes no obligation to revise any forward-looking statements or to report future events that may affect such forward-looking statements unless QIWI is required to do so by law.
Contact
Yakov Barinskiy
Head of M&A and Investor Relations
+7.499.709.0192
ir@qiwi.com
Varvara Kiseleva
Investor Relations
+7.499.709.0192
ir@qiwi.com
http://resource.globenewswire.com/Resource/Download/9cf2e9f9-9deb-474a-8bba-78998f20ac3e?size=1
<img src="http://www.globenewswire.com/newsroom/ti?ndecode=MTUwIzYxMTU4NDA=" alt="" width="1" height="1"/>
UPDATE: IMAX's stock drops as 'Star Wars' hype fades
4:09 PM ET 12/21/15 | MarketWatch
By Tomi Kilgore, MarketWatch
IMAX's stock may be following the Wall Street adage 'buy the rumor, sell the news'
Shares of IMAX Corp. stock dropped Monday, as did other "Star Wars" theater stocks, as the movie's record box-office take plus upbeat analyst comments failed to generate new interest among investors.
IMAX's stock (IMAX) slid 4.2% trade on volume that FactSet data show was more than double the full-day average, to close at the lowest level since Oct. 14.
The stock suffered although "Star Wars: The Force Awakens" produced a record global weekend for the movie-theater company, including opening-weekend records for both domestic-and international openings.
J.P. Morgan analyst Alexia Quadrani said IMAX's domestic market share for the weekend was an "impressive" 12.6%, and that the movie's opening in China early next month would be a significant contributor to results given IMAX's large presence in the world's second-largest box-office market.
Analyst Eric Handler at MKM Partners said per-screen average for "Star Wars" showings at IMAX theaters was nearly $77,000, the highest total ever for the company. "The bar was set high for "Star Wars: The Force Awakens" and the film delivered in setting a new opening weekend record...and beating forecasts," Handler wrote in a research note.
There are a few reasons why the stock may be suffering in the fact of a strong "Star Wars" performance:
1) This old Wall Street adage: "Buy the rumor, sell the news." That describes the tendency of many investors to buy a stock if they believe good news is coming, then to cash in their bets when the good news arrives. The bigger the hype, the harder the stocks fall.
IMAX's stock soared 17% from the end of September through Dec. 16, the day before the movie opened, while the S&P 500 index gained 8% over the same time.
2) Although the "Star Wars" blowout opening weekend pushed quarter-to-date box-office revenue growth into positive territory compared with a year earlier, the company's overall fourth-quarter box office continues to track below consensus expectations of 10% to 12% growth, MKM's Handler said.
"In our view, the box office is more likely to finish up (DIS) in the 4%-6% range," Handler wrote in a note to clients.
3) Walt Disney Co., which owns the "Star Wars" franchise, may be charging theaters ("exhibitors" in Wall Street lingo) more than usual to be able to show the movie.
UPDATE: IMAX's stock drops as 'Star Wars' hype fades
4:09 PM ET 12/21/15 | MarketWatch
By Tomi Kilgore, MarketWatch
IMAX's stock may be following the Wall Street adage 'buy the rumor, sell the news'
Shares of IMAX Corp. stock dropped Monday, as did other "Star Wars" theater stocks, as the movie's record box-office take plus upbeat analyst comments failed to generate new interest among investors.
IMAX's stock (IMAX) slid 4.2% trade on volume that FactSet data show was more than double the full-day average, to close at the lowest level since Oct. 14.
The stock suffered although "Star Wars: The Force Awakens" produced a record global weekend for the movie-theater company, including opening-weekend records for both domestic-and international openings.
J.P. Morgan analyst Alexia Quadrani said IMAX's domestic market share for the weekend was an "impressive" 12.6%, and that the movie's opening in China early next month would be a significant contributor to results given IMAX's large presence in the world's second-largest box-office market.
Analyst Eric Handler at MKM Partners said per-screen average for "Star Wars" showings at IMAX theaters was nearly $77,000, the highest total ever for the company. "The bar was set high for "Star Wars: The Force Awakens" and the film delivered in setting a new opening weekend record...and beating forecasts," Handler wrote in a research note.
There are a few reasons why the stock may be suffering in the fact of a strong "Star Wars" performance:
1) This old Wall Street adage: "Buy the rumor, sell the news." That describes the tendency of many investors to buy a stock if they believe good news is coming, then to cash in their bets when the good news arrives. The bigger the hype, the harder the stocks fall.
IMAX's stock soared 17% from the end of September through Dec. 16, the day before the movie opened, while the S&P 500 index gained 8% over the same time.
2) Although the "Star Wars" blowout opening weekend pushed quarter-to-date box-office revenue growth into positive territory compared with a year earlier, the company's overall fourth-quarter box office continues to track below consensus expectations of 10% to 12% growth, MKM's Handler said.
"In our view, the box office is more likely to finish up (DIS) in the 4%-6% range," Handler wrote in a note to clients.
3) Walt Disney Co., which owns the "Star Wars" franchise, may be charging theaters ("exhibitors" in Wall Street lingo) more than usual to be able to show the movie.
"For exhibitors, we highlight that given Disney's likely great leverage in its negotiations for the film as well as the film's likely high Q4 box office share, rent expense may run a bit higher" in the current quarter," J.P. Morgan's Quadrani said.
Among the shares of other movie theater companies, AMC Entertainment Holdings Inc.'s (AMC) slid 2.6%, Regal Entertainment Group's (RGC) lost 1.6%, Carmike Cinemas Inc.'s (CKEC) ticked up 0.8% and Cinemark Holdings Inc.'s (CNK) dropped 0.7%.
(https://w.graphiq.com/w/blNXi3Pw1lX)
Investors shouldn't give up too soon, however, as theater stocks have bullish history in their favor over the longer term. Macquarie Research analyst Chad Beynon said theater stocks performed well during the month following previous blockbuster movies that beat expectations, such as "Jurassic World," "American Sniper" and "The Lego Movie."
"Outperformance of single movies has boosted movie...stocks," Beynon wrote in a note to clients. "With strength at the box office and "Star Wars" releases in each of the next three years, we expect some positive multiple expansion within the space."Read:To escape the 'Star Wars' hype, head to Vermont (http://www.marketwatch.com/story/to-escape-star-wars-head-to-vermont-2015-12-18)
-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com
> Dow Jones Newswires
December 21, 2015 16:09 ET (21:09 GMT)
Copyright (c) 2015 Dow Jones & Company, Inc.
IMAX Scores Record-Shattering Opening Weekend Box Office With Star Wars: The Force Awakens Grossing $48 Million In IMAX(R) Theatres Worldwide
3:21 PM ET 12/21/15 | PR Newswire
IMAX Corporation (NYSE:IMAX) today announced that Star Wars: The Force Awakens, released by The Walt Disney Studios, scored a record-setting opening weekend in IMAX(R) theatres with $48 million worldwide on 677 screens (excluding China), making it the Company's best-ever weekend at the global box office, beating Jurassic World's $44.1 million worldwide opening (which included China). The previous worldwide box-office record holder in IMAX - without China - was Marvel's Avengers: Age of Ultron, which earned $25.2 million during its opening weekend globally. Star Wars: The Force Awakens also set various other IMAX records including for both domestic and international openings.
http://photos.prnewswire.com/prnvar/20111107/MM01969LOGO
Domestically, Star Wars: The Force Awakens grossed a benchmark $30 million on 391 IMAX screens, of which 359 were record-breaking. The film trounced the previous North American IMAX opening weekend record of $20.9 million (Jurassic World) by roughly 50 percent.
International IMAX results for Star Wars: The Force Awakens reached a record $18 million on 276 IMAX screens - without the benefit of China - more than doubling the previous-best non-China day-and-date release of $8 million (Harry Potter and the Deathly Hallows - Part 2). Markets that saw record-setting openings include: U.K., France, Germany, Russia, Japan, the Netherlands, Austria, Denmark, Sweden, South Africa, Italy, Portugal, Brazil, Australia and New Zealand.
The IMAX network was at capacity with sell-out screenings all weekend as the film earned the highest single-day box-office gross for IMAX worldwide on Friday with $17.7 million. The previous best was Jurassic World with $13 million.
"Star Wars has become a global cultural phenomenon, and IMAX has benefitted, with new IMAX records set across our entire worldwide network and China still to come. We only wish we had more seats to meet the demand," said IMAX CEO Richard L. Gelfond. "Congratulations to Disney and Lucasfilm - we're extremely proud of the collaboration between our companies, which has resulted not only in this record-setting worldwide opening for Star Wars: The Force Awakens, but also in setting the stage for the franchise for years to come. With IMAX effectively playing two Star Wars films per year over the next several years, we believe it will add even greater visibility to our business."
"With numbers like this, it's clear that even casual viewers sought out a premium theatrical experience to see Star Wars: The Force Awakens, and in a weekend of incredible performances across the board, the folks at IMAX pulled out all the stops for a tremendous, record-setting debut for the format that has gone beyond anything we could've hoped," said Dave Hollis, Executive Vice President, Theatrical Distribution, The Walt Disney Studios.
"We always believed the worldwide opening for Star Wars: The Force Awakens was going to be strong, but these results have exceeded our expectations," said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. "We extend a big congratulations to our friends and long-time partners J.J. Abrams, Kathleen Kennedy, Bryan Burk and all of our friends at Disney and Lucasfilm for this phenomenal achievement. The synergy created by fans of the Star Wars franchise, The IMAX Experience(R), and the support of our filmmaker, studio and exhibitor partners has manifested itself in a truly phenomenal way - creating a new cinema paradigm. With stellar reviews, incredibly strong word-of-mouth, and an open runway for many weeks in IMAX, we look forward to the film's continued global success - especially as it broadens to China on Jan. 9 - and elsewhere across our network well into February."
The IMAX(R) 3D release of Star Wars: The Force Awakens was shown in its digitally re-mastered format, which includes the image and sound quality of The IMAX Experience(R) with proprietary IMAX DMR(R) (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.
About IMAX Corporation IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX(R), IMAX(R) 3D, IMAX DMR(R), Experience It In IMAX(R), An IMAX 3D Experience(R), The IMAX Experience(R) and IMAX nXos(R) are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.
For additional information please contact:
View data
Media: Investors: IMAX Corporation - New York IMAX Corporation - New York Ann Sommerlath Jessica Kourakos 212-821-0155 212-821-0110 asommerlath@imax.com jkourakos@imax.com Entertainment Media: Business Media: Principal Communications Group - Los Angeles Sloane & Company - New York Melissa Zukerman/Paul Pflug Whit Clay 323-658-1555 212-446-1864 melissa@pcommgroup.com wclay@sloanepr.com paul@pcommgroup.com
Logo - http://photos.prnewswire.com/prnh/20111107/MM01969LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/imax-scores-record-shattering-opening-weekend-box-office-with-star-wars-the-force-awakens-grossing-48-million-in-imax-theatres-worldwide-300195973.html
SOURCE IMAX Corporation
IMAX Scores Record-Shattering Opening Weekend Box Office With Star Wars: The Force Awakens Grossing $48 Million In IMAX(R) Theatres Worldwide
3:21 PM ET 12/21/15 | PR Newswire
IMAX Corporation (NYSE:IMAX) today announced that Star Wars: The Force Awakens, released by The Walt Disney Studios, scored a record-setting opening weekend in IMAX(R) theatres with $48 million worldwide on 677 screens (excluding China), making it the Company's best-ever weekend at the global box office, beating Jurassic World's $44.1 million worldwide opening (which included China). The previous worldwide box-office record holder in IMAX - without China - was Marvel's Avengers: Age of Ultron, which earned $25.2 million during its opening weekend globally. Star Wars: The Force Awakens also set various other IMAX records including for both domestic and international openings.
http://photos.prnewswire.com/prnvar/20111107/MM01969LOGO
Domestically, Star Wars: The Force Awakens grossed a benchmark $30 million on 391 IMAX screens, of which 359 were record-breaking. The film trounced the previous North American IMAX opening weekend record of $20.9 million (Jurassic World) by roughly 50 percent.
International IMAX results for Star Wars: The Force Awakens reached a record $18 million on 276 IMAX screens - without the benefit of China - more than doubling the previous-best non-China day-and-date release of $8 million (Harry Potter and the Deathly Hallows - Part 2). Markets that saw record-setting openings include: U.K., France, Germany, Russia, Japan, the Netherlands, Austria, Denmark, Sweden, South Africa, Italy, Portugal, Brazil, Australia and New Zealand.
The IMAX network was at capacity with sell-out screenings all weekend as the film earned the highest single-day box-office gross for IMAX worldwide on Friday with $17.7 million. The previous best was Jurassic World with $13 million.
"Star Wars has become a global cultural phenomenon, and IMAX has benefitted, with new IMAX records set across our entire worldwide network and China still to come. We only wish we had more seats to meet the demand," said IMAX CEO Richard L. Gelfond. "Congratulations to Disney and Lucasfilm - we're extremely proud of the collaboration between our companies, which has resulted not only in this record-setting worldwide opening for Star Wars: The Force Awakens, but also in setting the stage for the franchise for years to come. With IMAX effectively playing two Star Wars films per year over the next several years, we believe it will add even greater visibility to our business."
"With numbers like this, it's clear that even casual viewers sought out a premium theatrical experience to see Star Wars: The Force Awakens, and in a weekend of incredible performances across the board, the folks at IMAX pulled out all the stops for a tremendous, record-setting debut for the format that has gone beyond anything we could've hoped," said Dave Hollis, Executive Vice President, Theatrical Distribution, The Walt Disney Studios.
"We always believed the worldwide opening for Star Wars: The Force Awakens was going to be strong, but these results have exceeded our expectations," said Greg Foster, Senior Executive Vice President, IMAX Corp. and CEO of IMAX Entertainment. "We extend a big congratulations to our friends and long-time partners J.J. Abrams, Kathleen Kennedy, Bryan Burk and all of our friends at Disney and Lucasfilm for this phenomenal achievement. The synergy created by fans of the Star Wars franchise, The IMAX Experience(R), and the support of our filmmaker, studio and exhibitor partners has manifested itself in a truly phenomenal way - creating a new cinema paradigm. With stellar reviews, incredibly strong word-of-mouth, and an open runway for many weeks in IMAX, we look forward to the film's continued global success - especially as it broadens to China on Jan. 9 - and elsewhere across our network well into February."
The IMAX(R) 3D release of Star Wars: The Force Awakens was shown in its digitally re-mastered format, which includes the image and sound quality of The IMAX Experience(R) with proprietary IMAX DMR(R) (Digital Re-mastering) technology. The crystal-clear images, coupled with IMAX's customized theatre geometry and powerful digital audio, create a unique environment that will make audiences feel as if they are in the movie.
About IMAX Corporation IMAX, an innovator in entertainment technology, combines proprietary software, architecture and equipment to create experiences that take you beyond the edge of your seat to a world you've never imagined. Top filmmakers and studios are utilizing IMAX theatres to connect with audiences in extraordinary ways, and, as such, IMAX's network is among the most important and successful theatrical distribution platforms for major event films around the globe.
IMAX is headquartered in New York, Toronto and Los Angeles, with offices in London, Tokyo, Shanghai and Beijing. As of September 30, 2015, there were 1,008 IMAX theatres (887 commercial multiplexes, 19 commercial destinations and 102 institutions) in 66 countries. On Oct. 8, 2015, shares of IMAX China, a subsidiary of IMAX Corp., began trading on the Hong Kong Stock Exchange under the stock code "HK.1970."
IMAX(R), IMAX(R) 3D, IMAX DMR(R), Experience It In IMAX(R), An IMAX 3D Experience(R), The IMAX Experience(R) and IMAX nXos(R) are trademarks of IMAX Corporation. More information about the Company can be found at www.imax.com. You may also connect with IMAX on Facebook (www.facebook.com/imax), Twitter (www.twitter.com/imax) and YouTube (www.youtube.com/imaxmovies).
This press release contains forward looking statements that are based on IMAX management's assumptions and existing information and involve certain risks and uncertainties which could cause actual results to differ materially from future results expressed or implied by such forward looking statements. These risks and uncertainties are discussed in IMAX's most recent Annual Report on Form 10-K and most recent Quarterly Reports on Form 10-Q.
For additional information please contact:
View data
Media: Investors: IMAX Corporation - New York IMAX Corporation - New York Ann Sommerlath Jessica Kourakos 212-821-0155 212-821-0110 asommerlath@imax.com jkourakos@imax.com Entertainment Media: Business Media: Principal Communications Group - Los Angeles Sloane & Company - New York Melissa Zukerman/Paul Pflug Whit Clay 323-658-1555 212-446-1864 melissa@pcommgroup.com wclay@sloanepr.com paul@pcommgroup.com
Logo - http://photos.prnewswire.com/prnh/20111107/MM01969LOGO
To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/imax-scores-record-shattering-opening-weekend-box-office-with-star-wars-the-force-awakens-grossing-48-million-in-imax-theatres-worldwide-300195973.html
SOURCE IMAX Corporation
feeling good about ERIC..stock is holding strong today..hoping those Jan $10c I grabbed were cheap
CMG at it again!!
aww..damn! that sucks...can't win the all eh?
Booya!
LOL!
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HERE'S WHAT THE STREET THINKS OF DISNEY AFTER 'STAR WARS' OPENING WEEKEND
12:44 PM ET 12/21/15 | S&P Capital IQ
Walt Disney Co (NYSE: DIS) rose more than 1.2 percent on Monday morning, after news came out that "Star Wars: The Force Awakens" grossed $238 million at the weekend's domestic box office -- the largest opening in history. Analysts at Bank of America Merrill Lynch maintained their Buy rating and $130.00 price target. BofA views that the early success of "The Force Awakens" presents a Disney model, which can further monetize "Star Wars" content through its Consumer Products, Theme Park and Interactive business lines, as well as through future "Star Wars" film releases such as "Rogue One: A Star Wars Story" (scheduled to be release in December 2016). "We continue to believe DIS offers compelling exposure to an unparalleled catalyst pipeline for upward estimate revision," the firm commented. Analyst John Janedia at Jefferies maintained a Hold rating with a price target of $112.00 Related Link: 'Star Wars: The Force Awakens' Heads The Biggest Box Office Weekend Of All Time "The slowing growth in the company's media segment, along with the impact of increases in sports rights over the next several years, could limit upside to the stock," Janedia commented. FBR updated its rating on Disney to Outperform with a $107.00 price target. "Disney bears are arguing that upside in Force Awakens is not enough to offset their concerns for ESPN, meaning that consensus is too high and that the stock should be sold. We provide here some context to rebut these concerns and reiterate our belief that consensus will tend to move up for FY16 and beyond," the note said. Acquire Media
Overall market hasn't rolled over and died just yet for that to happen...and Disney won't lead the way
There's no fundamental reason for your call...you're just spewing antagonistic crap without back up. Clearly the stock is down but why??? IMAX is down too! (-3.15%) and so you're going to say they're a POS too? Did you know that that every single IMAX screen showed The Force Awakens? Did you know that IMAX is in China? DO you know how many IMAX screens there are in CHina? Did you know The Force Awakens hasn't shown in China yet? but yet IMAX is down (-3.15%)
Back to DIS...and I'm quoting JLS here...
DIS and ESPN,
I get suspicious when analysts come out and trash something like they did with DIS regarding ESPN. That was already baked in the cake when DIS announced earnings and discussed forward guidance. Furthermore it's not a big deal as I will demonstrate.
It's pretty obvious somebody who has access to the media wants to buy the stock cheaper, so they use the power of their fat voice to essentially manipulate price. Either that or their stupid ... or both.
Here are the numbers (there are two columns, one for 2014 and one for 2015):
"ESPN: 2014 – 95 million subscribers; 2015: 92 million subscribers
ESPN2: 95 million; 92 million
ESPNU: 74 million; 72 million
ESPNEWS: 73 million; 70 million
SEC Network: 63 million; 62 million
ESPN Classic: 27 million; 25 million
ESPN channels, International: 115 million; 127 million
Only the ESPN network’s international division posted a year-over-year subscriber gain, but higher fees drove revenues higher by nearly 10% and operating income rose about 6.4%."
247wallst.com/media/2015/11/27/disney-shares-hit-by-espn-subscriber-losses/
If you count all the customer losses and customer gains separately, they lost 14 million in the top six categories, and gained 12 million in the international category. So the net loss was only 2 million. And the total number of current subscribers is 540 million. ... BFD! ... DIS lost 0.369% of their ESPN customers, but higher fees drove revenues higher by nearly 10%!!!
That's economics 101! You raise prices till you reach the point of diminishing returns, and they haven't even gotten close to that point yet. That's exactly how you maximize profits. I'd say they have room to raise prices even higher.
By the way DIS is almost back to green as I post this...$106.77 -0.95 (-0.88%)
ERIC Jan 15 '16 $10 Calls @ $0.15
You're iHub history proves otherwise
Betting against sentiment is 50/50
Good guess!
Any insight on WTF is happening to DIS today?
Everyone assumed the movie would beat records and now that it has the market is going negative so that must be it
Even though ESPN subscription is lowering they raised price 10% to offset...nobody mentions this
Yea I saw that coming months ago, good for them.
You're entitled to your opinion, even if it's wrong.
Too bad for MHR :(
Will EXXI follow suit?
HAHAHA! I'm telling that one to my kids...they love "Happy Feet" :)
So some dumb-ass opens his mouth on Star Wars opening day and the market gets spooked? I think you said the options exp with opening day would be interesting but this is ridiculous!
BBRY $8.00 calls now @ $0.95 HOD!
Posted that as today's lotto for someone here yesterday
Yea...seems dead for being up 3% earlier
All good but how much options action is there?