When is the Perseid meteor shower?
The Perseids are active between July 14 and Aug. 24 and peak in mid-August at night during warm conditions, according to NASA. San Francisco ChronicleHow to watch the Perseid meteor shower in the Bay Area this week
When is the meteor shower in August?
This August 11-13, people all around the globe will be able to see the annual Perseid Meteor shower. The Perseid Meteor Shower is often considered the best meteor shower of the year, and it's happening soon. wreg.comPerseid Meteor Shower 2021: An-out-of this world show starts Aug. 11-13
The nation’s biggest theater chain, which struggled mightily to avoid bankruptcy for most of last year before being embraced by chat-room retail investors, said it has more than $2 billion in cash available including an untapped revolving credit facility.
Chairman and CEO Adam Aron will lead a conference call at 5 pm ET to talk about the exhibitor’s numbers and prospects. Meanwhile, his comments from the earnings release are below. He said the company “is not out of the woods” yet, but he predicted “a happy Hollywood ending.”
“The second quarter of 2021 was transformational for AMC. We raised yet another $1.25 billion of new equity capital (before commissions and fees) in the quarter, boosting our quarter ending liquidity to more than $2 billion (including cash and undrawn revolving lines of credit) which is about double the previous highest ever such mark in AMC’s 101-year history. We believe this gives AMC financial staying power to navigate boldly amidst coronavirus waters. And by June 30, substantially all of our theatres were open again to entertain and delight our guests.
“Thanks to increased vaccination counts in the countries we serve, we started to see rising movie going demand, and we safely welcomed more than 22 million guests back to our theatres across the globe during the course of the second quarter. New blockbuster films released during the quarter drove successive new pandemic-era box office records. And fortunately for us, as guests returned to our theatres, they splurged on our food & beverage offerings, which admittedly is quite a high-margin business. At the same time, we diligently managed our costs in every aspect of our operations.
“These actions produced financial results in the quarter that were considerably well ahead of our own and third-party expectations.” Aron added, “AMC’s journey through this pandemic is not finished, and we are not yet out of the woods. However, while there are no guarantees as to what the future will bring in a still infection-impacted world, one can look ahead and envision a happy Hollywood ending to this story. We would like to think that someday when a movie is filmed about AMC and COVID, its title will be one compelling word, ‘Recovery.’ But, only time will tell.”
Aron concluded, “It is also worth noting that our sheer will to drive through this COVID-19 crisis clearly resonated amongst those who also were committed to our survival, because seeing movies in theatres has been a central part of the cultural fabric of society the world over for decades and decades and decades. There are many who shared our passion that moviegoing at our theatres should continue for future generations. Accordingly, we are ever so grateful to the friends and allies that AMC has gathered along the way. They can take comfort in knowing that as we rebuild our company, our deeper cash reserves allow us to stay the course, to innovate again and to capitalize on opportunities around us. In short, as the largest movie theatre operator in the world, AMC is playing on offense again.”
It's uncomfortable when a company delivers an earnings miss and announces a CEO's departure on the same day.
AMC Entertainment chairman-CEO Adam Aron said the chain will be technologically equipped to start accepting Bitcoin payments for U.S. movie tickets and concessions ordered online by the end of the year. At a meaty, newsy and somewhat bizarre webcast, Aron also noted the chain will also start accepting Apple Pay and Google Pay. Aron noted […]
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. Insider Monkey finished processing 866 13F filings submitted by hedge funds and prominent investors. These filings show these funds’ portfolio positions as of March 31st, 2020. […]
Team USA entered Tokyo Olympic Stadium for the closing ceremony all cheers and smiles at the end of a most unusual Games.
NEW DELHI (Reuters) -Amazon.com Inc and one of its biggest sellers in India, Cloudtail, have decided to end their relationship, they said on Monday, following years of allegations from brick-and-mortar retailers that the seller received preferential treatment. A joint venture between Amazon and India's Catamaran that controlled Cloudtail was coming up for renewal on May 19, 2022, and the two sides said in a joint statement they had mutually decided not to extend it beyond that date. The decision comes after a Reuters investigation https://reut.rs/3xyz8er in February based on Amazon documents showed the U.S. company had given preferential treatment for years to a small group of sellers, including Cloudtail, and used them to bypass Indian laws.
The Covid-19 pandemic remains a costly headache for the company, which recently announced it would mandate vaccines for all U.S. employees.
Team USA hit the ground running and never looked back at the Tokyo Olympics.
The new Premier League season is almost here and it is time to launch our Power Rankings ahead of the 2021-22 campaign.
Microsoft has started public tests for an Xbox night mode that dims everything from your screen to your controller.
Nationwide, the housing market remains in something of a frenzy. A waning in new construction in the wake of the Great Recession combined with increased demand during the COVID-19 pandemic has left...
He spent $5 on a ticket that was worth much more.
LSU's live tiger mascot that lives in a habitat near Tiger Stadium was recently fully vaccinated against COVID-19.
Almere, The Netherlands August 9, 2021, 5:45 p.m. CET ASM International N.V. (Euronext Amsterdam: ASM) reports the following transactions, conducted under ASMI's current share buyback program. DateRepurchased sharesAverage priceRepurchased valueAugust 2, 20213,250€ 301.96€ 981,375August 3, 20213,500€ 304.16€ 1,064,564August 4, 20211,800€ 311.82€ 561,281August 5, 20212,100€ 318.91€ 669,701August 6, 20214,300€ 316.89€ 1,362,624Total14,950€ 310.34€ 4,639,545 These repurchases were made as part of t
Bill Gates transferred stock in manufacturer Deere & Co. and Canadian National Railway to French Gates through investment vehicle Cascade Investment.
For more than 125 years, the iconic Dow Jones Industrial Average (DJINDICES: ^DJI) has served as a barometer of Wall Street's health. Although far from perfect, the Dow Jones is comprised of 30 time-tested, multinational companies that have a long track record of making their shareholders richer. As we move into the warm summer days of August, three Dow Jones stocks stand out as particularly attractive.
Let's give credit where it's due: Only a handful of companies have a market cap above $1 trillion. Two that come to mind are Intuitive Surgical (NASDAQ: ISRG) and Shopify (NYSE: SHOP). As of this writing, the former has a market cap of $117.6 billion, and the latter stands at $193.2 billion.
Some investors concentrate their portfolios on just a handful of stocks. I like too many businesses to limit my choices. As a result, my portfolio is rather large -- typically between 40 and 50 stocks.
The work in artificial intelligence (AI) has accelerated over the last decade and is becoming a part of our everyday lives. Companies in numerous industries are racing to adopt AI to improve operations and the customer experience, or make sense of the massive amounts of data available.
AMD is still a top semiconductor investment, but these three stocks look like better deals at the moment.
Innovation and time could allow a sizable investment in this trio to turn into a life-altering amount of money.
Read full article at Livescience.com
10 August, 2021 - 06:45am
This is the best week to look up into the sky late at night or in the pre-dawn hours, because the annual Perseid meteor shower will be peaking. Although the shower won't look as dramatic as it does in this photo illustration, there's an opportunity to see plenty of shooting stars.Photo illustration by Yuri B. | Pixabay
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