A number of stocks fell in the afternoon session after a major U.S. wafer-fab equipment company disclosed an expected revenue headwind for fiscal 2026 tied to an export-control update from the Bureau of Industry and Security (BIS).
A number of stocks fell in the afternoon session after a major U.S. wafer-fab equipment company disclosed an expected revenue headwind for fiscal 2026 tied to an export-control update from the Bureau of Industry and Security (BIS).
Cineplex Inc. , Canada’s largest movie theater chain, is shopping itself to potential buyers in a bid to combine with a rival. Chief Executive Officer Ellis Jacob has reached out to peers including Regal Cineworld Group and Cinemark Holdings Inc. to gauge their interest in a takeover, according to people familiar with the matter. Any discussions are at an early stage and may not result in a deal, ...
Cineplex Inc. , Canada’s largest movie theater chain, is shopping itself to potential buyers in a bid to combine with a rival. Chief Executive Officer Ellis Jacob has reached out to peers including Regal Cineworld Group and Cinemark Holdings Inc. to gauge their interest in a takeover, according to people familiar with the matter. Any discussions are at an early stage and may not result in a deal, said the people, who asked not to be named as the information is private. Representatives for Cineplex, Cineworld and Cinemark declined to comment. Cineplex, which accounts for most of Canada’s movie theater business, has a market value of C$711 million ($518 million). It has for decades been run by Jacob, who is set to step down as CEO in December. Cinema operators the world over have faced challenges as streaming services such as Netflix Inc. gain popularity, keeping consumers away from theaters. Cineworld agreed to acquire Cineplex for $2.1 billion in 2019, only for the deal to fall through. Cineworld, then controlled by the Greidinger family, backed out of the transaction and filed for bankruptcy in 2022 after suffering severe losses during the pandemic. The company emerged from bankruptcy a year later and is now run by Chief Executive Officer Eduardo Acuna , who’s investing more than $250 million in modernizing Regal’s cinemas in the US. Last year, Cineworld began working with the investment banking units of JPMorgan Chase & Co. and Barclays Plc to explore merger opportunities or an initial public offering. In 2023, Kinepolis Group NV , one of the largest theater operators in Europe and the owner of Landmark Cinemas in Canada, considered making a bid for Cineplex but chose not to proceed after concluding a deal would struggle to win regulatory approval.
undefined The implementation of export controls in recent years has hinged on a nation’s ability to leverage its market dominance over specific commodities. For the U.S., this has meant restricting access to semiconductors, supercomputing technology, and aircraft parts. Exerting such dominance inevitably relies on a targeted adversary's dependency on those items. This dynamic of dominance and depe...
undefined The implementation of export controls in recent years has hinged on a nation’s ability to leverage its market dominance over specific commodities. For the U.S., this has meant restricting access to semiconductors, supercomputing technology, and aircraft parts. Exerting such dominance inevitably relies on a targeted adversary's dependency on those items. This dynamic of dominance and dependency is further compounded by the heavy concentration of global supply chains. According to a 2023 McKinsey report, 40% of importing economies generally rely on three or fewer nations for any given product or commodity.