Best Low Price Stocks To Buy Right Now: Regal Entertainment Group(RGC)
Regal Entertainment Group, through its subsidiaries, operates a theatre circuit in the United States. The company develops, acquires, and operates multi-screen theatres primarily in mid-sized metropolitan markets and suburban growth areas of larger metropolitan markets under the Regal Cinemas, United Artists, and Edwards brand names. As of February 13, 2012, it operated 6,614 screens in 527 theatres in 37 states and the District of Columbia. Regal Entertainment Group was founded in 2002 and is based in Knoxville, Tennessee.
Advisors' Opinion:- [By Marc Bastow]
Theatre exhibitions and movie house operator Regal Entertainment (RGC) raised its quarterly dividend 4.7% to 22 cents per share, payable March 14 to shareholders of record as of March 4. At more than 4.60%, RGC is the highest dividend yielder of this week’s dividend stocks.
RGC Dividend Yield: 4.62% - [By Sue Chang]
Regal Entertainment Corp. (RGC) : The stock of the theater chain company is up 39% year to date.
- [By Rich Smith]
Alamy Barely a year has passed since Chinese conglomerate Dalian Wanda Group completed its $2.6 billion purchase of U.S.-based movie theater chain AMC Entertainment. In one fell swoop, that deal made it the world's biggest cinema operator -- with 432 theaters. Now, 15 months later, Wanda is ready to turn around and IPO AMC on the U.S. stock market -- and great news! They want to let you in on the deal. From Stubs-Member to Stockholder AMC operates a customer loyalty program that it calls "Stubs." Participants in this program pay a $12 annual membership fee. In return, they get benefits such as: $10 in movie theater credit for every $100 they spend at the theate! rs free upgrades on concessions in the lobby and a waiver of fees for buying tickets online. The prospect of "making your money back" after seeing just two films a year probably makes the program worthwhile all on its own. But this week, AMC added another bonus to the fringe benefits of its Stubs program: Loyal customers now get a chance to buy shares of AMC's stock on the cheap. Technically, AMC says the stock program is for its "employees," but as CEO Gerry Lopez explained : "We're offering this exclusive employee benefit to our AMC Stubs members to express our sincere gratitude for your loyalty." The Details According to the pitch, anyone who's a member of Stubs will be allowed to buy as little as $100 to as much as $2,500 worth of AMC shares at the IPO price, commission-free, by using the free online broker Loyal3. AMC currently plans to price the shares between $18 and $20. This could prove to be a very valuable fringe benefit, as it will give Stubs members a rare opportunity to "get in" on an IPO at the offer price, and to profit from any immediate jump in AMC's share price in the first minutes and hours after the stock begins trading. But there are caveats. First and foremost, there's absolutely no guarantee that AMC shares will go up in price at all, much less skyrocket. Indeed, a 2011 stu
- [By John Maxfield]
Sean Williams provided a more nuanced take on this issue in "Will Obamacare Turn America into a Nation of Part-Time Workers?" After citing Regal Entertainment's (NYSE: RGC ) move to reduce hours for thousands of its non-salaried employees, Sean concluded: "While I don't think we'll see a dramatic shift to part-time employment, I also wouldn't be shocked to see certain business sectors pull what Regal Entertainment did to its employees, either."
source from Top Stocks Blog:http://www.topstocksblog.com/best-low-price-stocks-to-buy-right-now-2.html
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