AMC shares fall for a sixth straight session on Thursday, company to sell up to 15 million shares as it warns of potential liquidity issues in Q4

September 25, 2020 11:33 am
AMC Entertainment Holdings Inc (AMC) said in a SEC filing that it had reached an agreement with major banks to sell up to 15 million shares in an attempt to raise funds as it burns cash because of the coronavirus crisis. Shares of AMC Entertainment Holdings closed lower for a sixth consecutive trading session in […] Read more

Forex Market: NZD/USD rebounds from one-month lows, but still set for biggest weekly loss since mid-May

September 25, 2020 7:02 am
NZD/USD rebounded from Thursday’s one-month low on Friday, as the US Dollar eased from a two-month peak against peers, but still, market players were not convinced if the greenback’s upward move had been exhausted due to uncertainty surrounding US fiscal stimulus. “I personally think the dollar’s rise and risk-off trade could continue. The U.S. news […] Read more