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Cineworld Group Shares News & Articles

FTSE falls on second wave fears, Go Outdoors blow for JD Sports, John Menzies jumps

London’s FTSE 100 traded 0.22% lower at 6278.68 early on Monday as a rising number of COVID-19 cases, including in the US and China, stoked fears of a second wave of global infections. Sportswear giant JD Sports Fashion (JD.) cheapened 3.7p to 643.3p after confirming it has filed a notice of intention to appoint administrators to its struggling Go Outdoors division with the courts, although ...

FTSE firms on virus slowdown hopes, embattled Cineworld rallies, Homeserve sees strong growth

London’s FTSE 100 made substantial gains in early trading on Tuesday, bid up 165.73 points or 2.97% to 5,748.12 amid continued hopes that the spread of coronavirus may be levelling out in major hotspots in Europe and the US. Embattled Cineworld (CINE) rallied 17.3% to 46.45p after the cinema operator suspended dividends in a bid to strengthen liquidity, having shuttered all its cinemas ...

Week closes with UK markets bloodbath as panic tightens its grip ahead of the weekend

It was an absolute bloodbath for UK shares on Friday as growth fears escalated from the spreading coronavirus outbreak, leaving markets staring down the barrel of a second straight week of losses. Even the US Fed rate cut earlier in the weak failed to dent the negative mood. There were further hefty losses on US markets in afternoon trade with the S&P 500 making another near-3% fall to ...
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