Tag: Analyst?

How to become a Business Analyst #stock #market #news


#business analyst

#

How to become a Business Analyst

Business Analysts: Making the world a better place, one office at a time…

Business Analysts (known as BAs) are responsible for analysing a business’s processes and investigating how they work. They then identify improvements that can be made and present the case for these improvements back to the business.

Although specific responsibilities vary greatly from specialism to specialism, the role of a Business Analyst will generally include the following:

  • Analysing the business (either one element or the business as a whole)
  • Evaluating all available data
  • Identifying any problems that need addressing or potential improvements
  • Projecting how feasible these improvements are to make
  • Using all of the acquired information to present a business case back to the company which details the solutions
  • Implementing the necessary and agreed-to changes, overall increasing efficiency for the business

To be successful as a Business Analyst, excellent analytical skills are an obvious pre-requisite. You will need to be objective when evaluating elements within the business, combining your observations with an acute awareness of any developments within the marketplace in order to present any outcome.

You will be spending most of your time researching processes and extrapolating data, so self-motivation and the ability to work independently are also necessities.

Other key skills include:

    • Exceptional problem solving skills
    • Superior communication skills, not to mention the ability to be objective
    • Reporting and presentation skills
    • Computer literacy, not to mention proficiency in Microsoft Office (in particular Microsoft Excel)
    • The passion and confidence to justify your suggestions and back them up with solid research and analysis

Being a BA gives me the opportunity to put my analytical and problem solving skills to good use, as well as witness my recommendations being put into practice on a daily basis. It’s not all numbers and analysis, as it often requires collaboration, which is ideal as I love to bounce ideas off the people I work with.

Get qualified

It is not a necessary requirement to have a degree to become a Project Manager. However, it is recommended to have some qualifications specific to the industry.

This course is for anyone who has an interest in Business Analysis, either to become a BA or to further their current career or qualifications. Ideal for entry level candidates.

Learn everything you need to know to become a Certified Business Analysis Professional with this reputable and well-recognised qualification, suited to individuals looking to further their ability within business analysis.


Tags : , , , , ,

I’m Looking for a Business Analyst Job #business #signs


#business analyst jobs

#

I’m Looking for a Business Analyst Job

Are you looking for your first or next business analyst job? Getting hired for a business analyst job isn’t like getting hired for other IT roles. We’ve helped many professionals improve their resumes, discover transferable skills, and prepare for job interviews. These articles walk you through our approach to the BA job search process.

Learn what the interview process is like for a BA job, how recruiters get involved, and the types of questions you are most likely to get asked.

If you’ve never held the job title of “Business Analyst” it can be difficult to get an interview for a BA job. Learn how to showcase your relevant skills and experiences in a business analyst resume.

Work samples can be powerful if they match your interviewer’s expectations but dangerous if they don’t. Learn how to overcome the most common problems your work samples might have so you get the job offer.

Even though it might seem like the lion share of BA roles require IT experience, professionals with a business background have many skills and qualifications to leverage too.

Do all BA jobs require industry expertise? What do I do if I don’t have it? Should I apply to jobs even if I don’t have the expertise they are looking for? We tackle these questions head on.

Click here to learn more about finding a business analyst job.

Books and Courses You Might Be Interested In


Tags : , , , , , ,

Business Analyst Jobs – Search Business Analyst Job Listings #e #business


#business analyst

#

Business Analyst Jobs

Business Analyst Job Overview

Business and financial analysts work with companies to evaluate their decisions and calculate plans for optimal success. This may come in the form of business consultants. who review the books and operation procedures of a company and offer suggestions for financial improvement, or financial advisors, who recommend smart investments to grow a business. Whichever types of analysis business consultants are responsible for, it’s important to have critical thinking skills and a business frame of mind to offer the best suggestions.

Business analysts either work within one company to continuously improve production, or consult with multiple companies on their various projects and investment opportunities. Both offer opportunities for travel and across the country.

Business Analyst Job Education Requirements

Entry-level business analysts need at least a bachelor’s degree in business, management, finance, or a similar major in order to enter the field. More advanced positions may require a master’s degree, but experience or consulting certifications can compensate for education.

Analysts need to stay on top of economic, political, and geographic trends in order to make the best suggestions for company projects. From expanding to other industries through acquisitions to opening an office or factory oversees, business analysts need to understand the risk, reward, and challenges that the company faces with every decision.

Business Analyst Job Market

The job market for business analysts is expected to see rapid growth in the next ten years. The 16% growth means there will be more than 39,000 jobs by 2022. This is because businesses are starting to understand the global economy and the need to expand beyond national borders. They will also be needed as businesses look to invest in multiple industries for improved stability. Analysts will work to help businesses grow and provide expertise and perspective on decisions.

Business Analyst Job Salary Information

Business analyst salaries tend to be an average of $76,000 a year, according to the Bureau of Labor Statistics. Those who excel in the field and work for major corporations can make more than $100,000 annually or take contract work for more. Similar jobs in the field include Risk Management consultants who make an average of $80,000 annually, and Finance Directors who can make more than $120,000 a year.

The temptation of a six-figure salary is enough to lure anyone with a business degree, but analysts need to understand politics and economics to succeed in this role. Plus, the more business experience they have, the better decisions analysts will be able to make.


Tags : , , , , , ,

P e stocks #spx, #spx #analyst #estimates, #spx #earnings #estimates, #spx #share #estimates, #spx

#

S P 500 Index

  • Jun. 9, 2017 at 4:09 p.m. ET
  • by Tomi Kilgore

The Nasdaq closed sharply lower from record highs Friday as several big tech names sold off ahead of the Federal Reserve s expected rate hike next week. The Nasdaq Composite Index closed down 113.85 points, or 1.8%, it s largest one-day drop since May 17, at 6,207.92, with huge losses from Apple Inc. Nvidia Corp. Netflix Inc. Alphabet Inc. and Amazon.com Inc. to end the week 1.6% lower. The Dow Jones Industrial Average finished up 89.44 points, or 0.4%, at 21,271.79, for a 0.3% gain on the week. The S P 500 index finished down 2.02 points, or 0.1%, at 2,431.77, with the tech sector plummeting 2.8%, offsetting a 2.5% gain in energy stocks. The S P 500 finished 0.3% lower on the week.

  • Jun. 9, 2017 at 4:08 p.m. ET
  • by Wallace Witkowski

S P 500 ends down less than 0.1%

S P 500 ends down less than 0.1%

  • Jun. 9, 2017 at 4:01 p.m. ET
  • by Mark DeCambre

Nasdaq Composite plunges 1.8%, logs worst daily decline in month

Nasdaq Composite plunges 1.8%, logs worst daily decline in month

  • Jun. 9, 2017 at 4:00 p.m. ET
  • by Mark DeCambre

Dow books fresh record, up 0.4%

Dow books fresh record, up 0.4%

  • Jun. 9, 2017 at 4:00 p.m. ET
  • by Mark DeCambre

What a week: Dow, Nasdaq close out the week very differently

What a week: Dow, Nasdaq close out the week very differently

  • Jun. 9, 2017 at 4:00 p.m. ET
  • by Mark DeCambre

XBiotech Inc. s stock plunged 62% toward a record low in afternoon trade Friday, after the company said an independent data monitoring committee (IDMC) recommended the discontinuation of a Phase-3 trial for the company s colorectal cancer treatment because it failed to meet threshold requirements for continuation. The stock was halted for trading for news until 3:30 p.m. ET. The IDMC said it had no safety concerns, but the findings were not sufficient to meet efficacy endpoints. We are obviously disappointed with these findings. In the coming weeks, the company plans to analyze the data extensively to further understand the primary and secondary endpoint data, as well as to identify populations that may have benefited from the therapy, said XBiotech Chief Executive John Simard. These findings today will not affect our efforts to pursue approval of the therapy based on the successful completion of the European study, which demonstrated control of debilitating symptoms in colorectal cancer. The stock has tumbled 64% year to date, while the iShares Nasdaq Biotechnology ETF has climkbed 11% and the S P 500 has gained 8.5%.

  • Jun. 9, 2017 at 3:32 p.m. ET
  • by Tomi Kilgore
  • Jun. 9, 2017 at 3:00 p.m. ET
  • by Ryan Vlastelica
  • Jun. 9, 2017 at 2:50 p.m. ET
  • by Claudia Assis

Dow Jones Industrial Average turns negative in afternoon trading

Dow Jones Industrial Average turns negative in afternoon trading

  • Jun. 9, 2017 at 2:49 p.m. ET
  • by Ryan Vlastelica

Shares of Advanced Micro Devices Inc. sank 5.2% in afternoon trade Friday, marking an abrupt end to the recent win streak, amid a broad selloff in the technology sector. AMD shares, which were up as much as 3.9% earlier in the session, started sinking just before noon, along with tech-heavy Nasdaq Composite, with some analysts attributing the sudden weakness to profit-taking ahead of the weekend. The Nasdaq Composite was slumped 1.5%, after being up as much as 0.3% at a record intraday high earlier, while the S P 500 eased just 0.1%. AMD s stock had rocketed 18% during the four-session win streak through Thursday, as investors focused on Apple Inc. s mention of the company s chips and recent strong demand from the gaming and cryptocurrency sectors.

  • Jun. 9, 2017 at 2:21 p.m. ET
  • by Tomi Kilgore
  • Jun. 9, 2017 at 2:15 p.m. ET
  • by Mark DeCambre

Tags : , , , , , , , , , ,

Business Analysis Training Courses, business analyst training online free.#Business #analyst #training #online #free


#

Business Analysis Training Courses

Looking for Business analyst training online freeBusiness analyst training online freepractical, skill-based training that will also earn you the PDs / CDUs / PDUs / Contact Hours you need to meet your certification goals? We offer several options to hone your business analyst skill set in a virtual format.

Business analyst training online free

2. Discover the Primary Business Objectives

4. Formulate Your Business Analysis Plan

6. Support the Technical Implementation

7. Help the Business Implement the Solution

8. Assess Value Created by the Solution

Business analyst training online free

Clarify business procedures, find improvement opportunities, and get an “in” to even more business analysis work.

Business analyst training online free

Learn to create defect-free requirements specifications and avoid project rework.

Business analyst training online free

Help business stakeholders make data requirements decisions without getting too technical.

Business analyst training online free

Finally, you can get everyone on the same page about software requirements.

Business Analyst Job Search Series

While these self-study courses do not provide PDs/CDUs/CDUs, they will help you get hired for your first or next business analyst job. These self-study courses are $127 and include on-demand instructor support.

Business analyst training online free

Prepare for almost any interview question and go into your next business analyst job interview with confidence.

Business analyst training online free

Qualify for more business analyst jobs and get hired faster even if you don t have formal business analyst experience.

Business analyst training online free

Highlight your business analysis experience and get more BA job interviews (even if you’ve never held the “Business Analyst” title).

Business analyst training online free

Cover your entire BA job search process. Save $84 and get all 3 virtual, self-study courses with the BA Job Search Pack.


Tags : , , , ,

Entry Level Business Analyst, IT Salary #stock #market #update


#business analyst salary

#

Entry-Level Business Analyst, IT Salary

San Francisco offers some of the highest pay in the country for Entry-Level IT Business Analysts, 26 percent above the national average. Entry-Level IT Business Analysts will also find cushy salaries in New York (+19 percent), Los Angeles (+14 percent), Seattle (+10 percent), and Houston (+8 percent). St. Louis is home to the smallest salaries in the field, lagging the national average by 5 percent. Not at the bottom but still paying below the median are employers in Austin and Atlanta (1 percent less).

Business Analyst, IT Advice

What do you wish you knew about your job when you first started out?

Business Analyst, IT in Durham:

“Be Happy with Ambiguity & Leading from “Behind-the-Scenes””

People leverage a BA to help make things make sense. It’s still a very new role to many companies and firms and parts of it are very meta. Often while you are eliciting, defining, and documenting requirements and processes, you will be simultaneously demonstrating the process for doing so and standardizing it. Developers, Project Managers, Tech Leads, UX & Design and Business stakeholders are not always going to know where in the Venn diagram your contributions end that their’s begin and vice versa. Job postings will often ask to be a project manager, a coder, a designer, a financial analyst, a “savior” of all things project and business related and you will have figure out (much like practicing analysis on the job) “is what they say they want, what they really need?” It’s a rewarding job if you like solving problems, helping others, and serving something larger than yourself, but it’s a “behind-the-scenes” gig so the ability to be happy with your invisible leadership is paramount.


Tags : , , , , ,

Business Analyst, IT Salary #business #logo


#business analyst salary

#

Business Analyst, IT Salary

Job Description for Business Analyst, IT

A business analyst, IT, focuses on improving operations that involve information technology within a company. The business analyst offers consultation to management in an effort to help the company become more effective. The IT business analyst will analyze the hardware, software, and IT services that are being employed in a company. Analyses will have to be carried out in order to determine areas that need improvement. It is also important to have strong research skills in order to determine the latest trends and solutions.

The analyst will then peruse the results and make suggestions as to what should be changed regarding company IT policies, IT structure, and IT operations. When problems are detected, the analyst should carry out problem-solving techniques in order to come up with a solution. When solutions are implemented, the analyst should continue to monitor these solutions to analyze their efficiency and to make continuous improvements. Knowledge of SQL is important, in order to be able to analyze data from databases. The business analyst should be able to carry out analyses, such as cost benefit analyses. Therefore, strong mathematical skills are essential. Presentation and report-making skills are important in order to present the findings to upper management.

Many positions require a master’s degree in information technology or a related field. Other positions prefer proven experience in IT business analyses over the educational requirements. Many positions offered are full-time. Some positions require that a business analyst works directly for a company, while others work for an agency that provides analyses services to various companies.

Business Analyst, IT Tasks

  • Identify, communicate, and manage risks associated with projects.
  • Identify business or customer requirements and information technology alternatives.
  • Create project plans for information technology development and testing.
  • Translate requirements into new information technology project specifications.

Common Career Paths for Business Analyst, IT

Plan your career path. Drag job titles to investigate a particular path and click on a link to see where particular career can lead.

IT Business Analysts’ salaries may rise greatly for those who assume a higher-end position such as an IT Program Manager. The average IT Program Manager brings home $112K per year. IT Business Analysts most often move into positions as Information Technology Project Managers or Senior Business Analysts; those groups report median salaries that are $17K higher and $15K higher, respectively.

Business Analyst, IT Job Listings

Search for more jobs:

Popular Employer Salaries for Business Analyst, IT

IT Business Analysts fill the offices of leading firms J.P. Morgan Chase & Co. (JPMCC), Accenture, Hewlett-Packard Company, Wipro Technologies Ltd. and CGI Group Inc. For IT Business Analysts, comfortable salaries can be found at Citibank; in fact, average earnings are around $89K, the highest in the area, though the difference in the company’s lowest and highest employee paychecks ($49K versus $177K) is great. IT Business Analysts will also find cushy salaries at Bank of America Corp. (BOFA) (+$88K), Cognizant (+$82K), and Wipro Technologies Ltd. (+$76K).

Relative to other names in the field, compensation is very low at CGI Group Inc. — the median salary comes to just $45K, just about half of the top paying company’s median. Other low-paying employers include Humana, Inc. at $55K and HP Enterprise Services at $55K, though some IT Business Analysts there earn up to $104K.

Popular Skills for Business Analyst, IT

This chart shows the most popular skills for this job and what effect each skill has on pay.

Survey results imply that IT Business Analysts deploy a deep pool of skills on the job. Most notably, skills in Requirements Analysis, Business Analysis, Project Management, and Oracle are correlated to pay that is above average, with boosts between 4 percent and 5 percent. Skills that pay less than market rate include HTML, Visual Basic, and Windows Operating System General Use. The majority of those who know Business Analysis also know Project Management and Microsoft Office.

Pay by Experience Level for Business Analyst, IT

Median of all compensation (including tips, bonus, and overtime) by years of experience.

For IT Business Analysts, more experience in the field does not usually mean bigger paychecks. Those in the early stages of their career can expect to make around $61K; however, individuals with five to 10 years of experience bring in $76K on average — a distinctly larger sum. IT Business Analysts with one to two decades of relevant experience report an average salary of approximately $85K. Respondents who claim more than 20 years of experience may encounter pay that doesn’t quite reflect their extensive experience; these veterans report a median income of around $88K.

Pay Difference by Location

San Francisco offers some of the highest pay in the country for IT Business Analysts, 25 percent above the national average. IT Business Analysts will also find cushy salaries in New York (+18 percent), Los Angeles (+17 percent), Boston (+11 percent), and Seattle (+8 percent). With compensation 5 percent below the national average, St. Louis is not known for hefty paychecks and actually represents the lowest-paying market. Employers in Austin and Washington also lean toward paying below-median salaries (4 percent lower and 2 percent lower, respectively).

Business Analyst, IT Reviews

What is it like working as a Business Analyst, IT?

Business Analyst, IT in Los Angeles:

Pros: I love the vast array of knowledge that I have gained just to be able to do my job. Bouncing from client to client, I need to learn (quickly, might I add) new skills and gain expertise in a new area so I can do my job well. It can be stressful at times, but I love the challenge, and feel I am a better all-around person now.

Cons: Sometimes my schedule is hectic, and it prevents me from being able to enjoy the things I like to do at home.

Business Analyst, IT in Vancouver:

Pros: Interesting software and analysis to learn. And a diverse team of developers and analysts to work with.

Cons: The pay and sometime mundane testing periods of the software.

Business Analyst, IT in Topeka:

“Work as middle man between developers and system users.”

Pros: I like testing new systems and trying to break them!

Cons: I dislike the politics that come from upper level management.

Business Analyst, IT in Auburn Hills:

Pros: I get to help people solve problems they have with our software everyday and work with developers to make it better.

Cons: Stressful timeline that is hard to predict.

Business Analyst, IT in Lubbock:

Pros: I most enjoy the changes that each day brings. Nothing stays the same in the healthcare industry, and you have to stay focused every day.

Cons: I least like the lack of accountability that people want to take. It is very difficult to get certain tasks and projects completed when people do not want to take responsibility for them.

Related Job Salaries


Tags : , , ,

Business Analyst Jobs – Search Business Analyst Job Listings #business #agreement


#business analyst

#

Business Analyst Jobs

Business Analyst Job Overview

Business and financial analysts work with companies to evaluate their decisions and calculate plans for optimal success. This may come in the form of business consultants. who review the books and operation procedures of a company and offer suggestions for financial improvement, or financial advisors, who recommend smart investments to grow a business. Whichever types of analysis business consultants are responsible for, it’s important to have critical thinking skills and a business frame of mind to offer the best suggestions.

Business analysts either work within one company to continuously improve production, or consult with multiple companies on their various projects and investment opportunities. Both offer opportunities for travel and across the country.

Business Analyst Job Education Requirements

Entry-level business analysts need at least a bachelor’s degree in business, management, finance, or a similar major in order to enter the field. More advanced positions may require a master’s degree, but experience or consulting certifications can compensate for education.

Analysts need to stay on top of economic, political, and geographic trends in order to make the best suggestions for company projects. From expanding to other industries through acquisitions to opening an office or factory oversees, business analysts need to understand the risk, reward, and challenges that the company faces with every decision.

Business Analyst Job Market

The job market for business analysts is expected to see rapid growth in the next ten years. The 16% growth means there will be more than 39,000 jobs by 2022. This is because businesses are starting to understand the global economy and the need to expand beyond national borders. They will also be needed as businesses look to invest in multiple industries for improved stability. Analysts will work to help businesses grow and provide expertise and perspective on decisions.

Business Analyst Job Salary Information

Business analyst salaries tend to be an average of $76,000 a year, according to the Bureau of Labor Statistics. Those who excel in the field and work for major corporations can make more than $100,000 annually or take contract work for more. Similar jobs in the field include Risk Management consultants who make an average of $80,000 annually, and Finance Directors who can make more than $120,000 a year.

The temptation of a six-figure salary is enough to lure anyone with a business degree, but analysts need to understand politics and economics to succeed in this role. Plus, the more business experience they have, the better decisions analysts will be able to make.


Tags : , , , , , ,

Business Analyst #good #business #ideas


#business analyst

#

Business Analyst

There’s often a lot at stake when new information technology (IT) systems are put into a business. It’s Chris Conradie’s job to check out exactly what the business requires.

“There is recognition by businesses that a lot of analysis needs to happen before you can get to the programming stage.”

Discovering business needs requires a technical and people focus

To do this, Chris works closely with businesses to help them work out what they need. As a person who has never been able to just sit behind a computer, he enjoys the chance analysis work gives him to get out and work directly with people.

“There are many challenges in this role that are not just technical; you have to be able to get the information you need from people.”

Background in software development led to consulting

Chris says he always had an inquisitive mind when it came to technology. He graduated as an electronic engineer and worked as a software developer before moving to consulting, where it became less development-focused.

Chris now works in a senior consulting role and is intent on staying in IT. “I’m going in the direction of IT management and that is the way I see my future.”

What’s hot

  • Working with people.
  • Helping businesses improve their processes.

What’s not

  • The challenge of getting the information you need from people.
  • Working long hours to finish projects.

What are the chances of getting a job?

Shortage of business analysts

While demand for business analysts is expected to remain strong, the number of IT trainees coming through is insufficient to meet demand.

A survey of IT employers in February 2015 reported that 79% of employers were planning to hire additional staff. Business analysis was the top skill employers were looking for. However, 28% of employers also reported greater difficulty finding staff in 2015 than in 2014.

As a result of these factors, business analyst appears on Immigration New Zealand’s long-term skill shortage list. This means the Government is actively encouraging skilled business analysts from overseas to work in New Zealand.

Types of employers varied

Many medium to large organisations employ business analysts, including:

  • government departments
  • computer management firms
  • marketing companies
  • manufacturers
  • professional firms such as law and accountancy businesses.

Sources

  • AbsoluteIT, ‘Employer Insight Report’, January 2016, (www.itsalaries.co.nz).
  • AbsoluteIT, ‘Remuneration Report’, July 2015, (www.itsalaries.co.nz).
  • Hudson Recruitment, ‘Hudson Report, Q3, 2015’, 2015, (nz.hudson.com).
  • Hudson Recruitment, ‘New Zealand Hiring Expectations – Quarter 3, 2015’, 2015, (nz.hudson.com).
  • Immigration New Zealand, ‘Long-term Skill Shortage List’, July 2015, (www.immigration.govt.nz).
  • Ministry of Business, Innovation and Employment, ‘2006-2014 Occupation Data’ (prepared for Careers New Zealand), 2015.
  • Ministry of Business, Innovation and Employment, ‘Information and Communications Technology Report – 2015’, 2015, (www.mbie.govt.nz).

Progression and specialisations

The business analyst role is often seen as a starting point for progressing towards project management and more detailed business and systems analysis.


Tags : ,

Ncm fathom #cnk, #cnk #analyst #estimates, #cnk #earnings #estimates, #cnk #share #estimates, #cnk #analyst

#

Cinemark Holdings Inc.

  • Jul. 13, 2017 at 1:57 p.m. ET
  • by Trey Williams

Ahead of theater chain Regal Entertainment Group s second-quarter earnings release, set for July 26, B. Riley analyst Eric Wold is lowering profit and revenue expectations as overall box office trends have continued to weaken. Wold is cutting his revenue estimate to $765 million from $801 million, while analysts tracked by FactSet expected revenue to hit $770 million. And Wold anticipates per-share earnings to come in at 19 cents, in line with FactSet consensus, and down from an earlier forecast of 29 cents. Since we last made changes to our exhibitor models on June 5, domestic industry box office trends during the second quarter weakened further and ended with a decline of 3.5% vs. our expectation, at that time, for a low single-digit gain, he wrote in a note to investors. While the decline in box office should equate to an industry-wide per screen box office loss of about 4.5%, Wold said he assumes Regal outperformed the industry thanks, in part, to its cinema enhancements. Wold also believes that investors have overreacted to the weak blip in domestic box office and concerns surrounding premium video on demand. In the last three months Regal shares have declined nearly 12%. And it s not alone. Shares of Cinemark Holdings Inc. have dropped nearly 11%, AMC Entertainment Holdings Inc. shares are down more than 29% and IMAX Corp. shares are down more than 33%. The movie industry s history is littered with periods of box office underperformance and outperformance and Q2 is no different, Wold wrote. We see no reason to try to extrapolate larger issues around movie-going demand after just one quarter or to believe that Q2 is going to spur drastic release window changes for the industry. In the year to date Regal shares have fallen nearly 6%, while the S P 500 index is up 9%.

  • Jul. 13, 2017 at 8:59 a.m. ET
  • by Trey Williams

Cinemark stock price target cut to $44 from $47 at RBC Capital

Cinemark stock price target cut to $44 from $47 at RBC Capital

  • Jul. 10, 2017 at 7:58 a.m. ET
  • by Tomi Kilgore
  • Jul. 5, 2017 at 1:13 p.m. ET
  • by Trey Williams
  • Jun. 8, 2017 at 12:50 p.m. ET
  • by Trey Williams

Film exhibitors continue to experience stock declines as the summer movie season has gotten off to a rough start. Shares of Imax Corp. were down more than 5%, leading the exhibitor space downward, with AMC Entertainment Holding Inc. shares falling nearly 4% and shares of Cinemark Holdings Inc. and Marcus Corp. falling slightly. Regal Entertainment Group shares were up less than 1%. The declines follow a Tuesday selloff that came after the 4-day Memorial Day holiday weekend had the lowest gross in 18 years. Although Imax has the benefit of global exposure and more local content than the pure play exhibitors, their business is still focused on major blockbuster films and, with a number of those underperforming as of late, we would not be surprised if incremental concerns over near-term results and negative leverage on the model on weaker box office results is causing the selling pressure, B. Riley analyst Eric Wold said. The summer box office, so far through the season, is down 4.7% compared with last year s gross during the same time frame. Shares of the S P 500 index were down slightly in intraday trade on Wednesday.

  • May. 31, 2017 at 10:46 a.m. ET
  • by Trey Williams

Shares of movie exhibitors and theater chain operators were down Tuesday after the box office suffered its lowest 4-day Memorial Day weekend draw in 18 years. AMC Entertainment Corp. led the decline, falling nearly 5%, while IMAX Corp. fell 4%, Cinemark Holdings Inc. fell more than 2% and Marcus Corp. fell 2%. Regal Entertainment Group s was less severe, falling less than 1%. The box office brought in an estimated $179.0 million over the 4-day weekend, which is the lowest gross for the typically busy weekend since 1999, said ComScore analyst Paul Dergarabedian. Foot traffic at the multiplex, which has been relatively stagnant for years, disappointed over the weekend. Dergarabedian said the slate of movies so far this summer, aside from Walt Disney Co. s Guardians of the Galaxy Vol. 2, have been poor. Disney s Pirates of the Caribbean: Dead Men Tell No Tales topped the holiday box office but received little help from critics, pulling in $77.0 million, according to ComScore estimates. The box office s other new comer, Baywatch, distributed by Viacom Inc. s Paramount Pictures pulled in just $23.0 million. So far in the summer season, the box office is down 5.6% compared with the same time frame last year. The pressure is on right now, Dergarabedian said, as the industry looks to June releases Wonder Woman from Time Warner Inc. s Warner Bros. Disney s Cars 3 and Despicable Me 3 from Comcast Corp.-owned Universal Pictures. The S P 500 index was flat during Tuesday trade.

  • May. 30, 2017 at 1:24 p.m. ET
  • by Trey Williams
  • Apr. 3, 2017 at 6:30 a.m. ET
  • by Trey Williams

Tags : , , , , , , , , ,