dividends

AMC takes aim at massive debt burden with ‘APE’ special dividend

AMC Entertainment Holdings Inc. took Wall Street by surprise with the announcement of its “APE” special dividend after market close on Thursday. This, of course, is a company that is no stranger to bold moves, as evidenced by the movie theater chain’s $27.9 million investment in gold and silver miner Hycroft Mining Holding Corp. HYMC, …

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New Buyback Tax Will Force Companies to Think Twice on How to Use Cash

In the scrap over how to fund President Joe Biden’s spending plans, the Democrats’ focus has shifted from taxing private funds to public at the last minute. Sen. Kyrsten Sinema (D., Ariz.) backs dropping a proposed tax increase on carried interest income and adding a 1% tax on stock buybacks to the legislation. It means …

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AMC Entertainment Plans ‘APE’ Preferred Stock Dividend. Shares Slide After Earnings.

Text size Investors will receive a preferred share for each share of common stock they own. Jeenah Moon/Bloomberg AMC Entertainment is finally giving the “apes” what they want. The movie-theater company paired its second-quarter earnings report with news that it’s giving shareholders a special dividend of AMC Preferred Equity Units. The AMC preferred shares will …

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AMC announces special dividend in the form of ‘Ape’ preferred shares; stock falls

AMC Entertainment Holdings Inc.’s stock fell more than 10% in extended trading on Thursday after the company announced a special dividend in the form of “Ape” preferred shares. The dividend marks the latest move in a fight over stock issuances. AMC Entertainment Holdings Inc. AMC, +2.47% has turned to the special dividend after it was unable …

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Yum Brands reports stronger sales for Taco Bell, but China lockdowns weigh on KFC

A woman walks past a Taco Bell Cantina on July 30, 2020 in New York City. Alexi Rosenfeld | Getty Images Yum Brands on Wednesday reported mixed quarterly results as Covid lockdowns in China weighed on KFC’s and Pizza Hut’s sales. Taco Bell, however, reported stronger same-store sales growth in the U.S., fueled by higher …

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Analogue Pocket’s 1.1 update already paying dividends: jailbreak, Neo Geo core

No, we did not have “Neo Geo as the first community development for Analogue Pocket” on our FPGA bingo board. Sam Machkovech A major update to the portable, retro-minded Analogue Pocket gaming system landed on Friday, and its new “OpenFPGA” features are the highlight. Thanks to last week’s “1.1” patch, anyone in the open source …

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