AMC Entertainment Repurchases $72.5 Million of Lien Debt
AMC Entertainment just published a press release on Wednesday announcing it strengthened its balance sheet once again. The company repurchased approximately $72.5 million of its 10% second lien debt for $50 million. This represents a 31% discount. As a…
Everything You Need to Know About AMC Uber Eats Partnership
Article Published by “The Rival”. Posted on his official twitter account, AMC CEO Adam Aron tweets, “Yet another promise kept. We now partner with Uber Eats. A pilot test to deliver movie theatre treats, especially AMC perfectly popcorn, to…
JP Morgan Manipulated Gold to Keep Hedge Funds Happy
An ex-trader says JP Morgan spoofed gold to keep hedge funds happy. He says client orders made a lot of money for the bank. Big hedge funds like Moore Capital Management and Tudor Capital Corp. were so important to JPMorgan Chase…
Ken Griffin Spent $54 Million to Fight a Tax Increase on The Rich
Citadel’s Ken Griffin spent $54 million to fight a tax increase on the rich that would raise the rate from 5% to 8% according to ProPublica. This increase would have cost $51 million every year in extra tax. In especially good years — in 2018,…
Chicago Tribune Says Citadel Securities’ Dark Pool Targets Small Investors
The Chicago Tribune just published a piece explaining exactly what retail investors have been warning the SEC about. Citadel Securities’ dark pool dominates a big part of the financial world, accounting for as much as half of U.S. stock market…
