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20Nov/20

Movie theater stocks rally as drugmakers say vaccine is 90% effective

first_imgTo stay afloat, cinema chains have been renegotiating deals with lenders and landlords and developing creative ways to generate revenue.Most major cinemas are now offering up cheaper private theater rentals as a way to entice in reluctant moviegoers. Others have transformed parking lots into concert venues, launched trivia nights and even negotiated deals with local colleges to rent out the space for in-person learning. Noam Galai | Getty Images Entertainment | Getty Images Movie theater chains got some good news on Monday morning — trial data indicated Pfizer and BioNTech’s Covid-19 vaccine is more than 90% effective.- Advertisement – The news sent AMC shares soaring as high as 80% in premarket trading before settling around a 50% gain after the opening bell. Cinemark shares were trading up about 52%, while Marcus Theatres and IMAX were gaining about 18% in early morning trading.The coronavirus pandemic has battered theaters since March, crunching their bottom lines and threatening to push chains big and small towards bankruptcy. As of the close on Friday, Cinemark shares were down 74%, AMC was down 66% and Marcus was down 75%.Last week, these movie theater chains reported third-quarter results, signaling yet another period of losses.- Advertisement –center_img With movie theaters hauling in less than a quarter of the revenue they were generating last year, AMC and B&B Theatres, the sixth-largest cinema chain, have both warned of the possibility of bankruptcy. Studio Movie Grill, a Dallas-based dine-in theater chain, filed for Chapter 11 bankruptcy protection last month.The hope is that with a vaccine, Covid-19 cases will decrease substantially and audiences will be more willing to return to theaters. This, in turn, will give studios confidence to keep major film titles on the calendar. Without fresh content, moviegoers won’t return in droves.Still, a vaccine might not be widely available to the public until mid-2021. So, while the news is promising, it does not fix the near term issues that movie theaters are facing.- Advertisement – – Advertisement –last_img read more

19Sep/20

ICC World Cup India vs New Zealand World Cup 2019 semi-final: Can Virat Kohli repeat 2008 magic vs Kane Williamson?

first_img For all the Latest Sports News News, ICC World Cup News, Download News Nation Android and iOS Mobile Apps. New Delhi: After 45 matches, the league stages of the ICC Cricket World Cup 2019 has ended. India, Australia, England and New Zealand are the four semi-finalists. India will take on New Zealand in Manchester on July 9 while Australia will once again square off against England on July 11 in Edgbaston. The road to the semi-final for both India and New Zealand has been a study of contrasting fortunes. New Zealand started the tournament with a bang with four wins out of five but suffered three consecutive defeats to lose momentum before the knockouts. India, on the other hand, has been clinical with both bat and ball and have suffered just one loss in the tournament which was to England.Heading into the semi-final, Virat Kohli’s Indian cricket team are favourites to beat Kane Williamson’s New Zealand team. India’s batting and bowling have depth and form while the Kiwis have suffered in their batting which is overly reliant on Kane Williamson and Ross Taylor. This will be the first time India and New Zealand are squaring off in the semi-final of a 50-over World Cup and it will be a tough contest.However, the match will also see Kohli and Williamson square off in a knock-out for the first time since the two clashed in the 2008 Under-19 World Cup encounter in Malaysia. 11 years ago, Kohli and Williamson were big names in the junior circuit and it was a tense clash at the Kinrara Academy Oval in Kuala Lumpur. New Zealand elected to bat and they looked in good touch.After losing George Worker and Michael Guptill-Bunce cheaply, Williamson, in what would later become his trademark style, helped New Zealand stage a recovery. However, that was when Kohli decided to strike, not with the bat but with the ball. Kohli darted a quick ball wide outside off and Williamson was stumped for 37 by Shreevats Goswami. Kohli took his second wicket of Fraser Colson and had figures of 7-1-27-2. Corey Anderson blasted 70 off 76 balls which included six fours and four sixes and New Zealand ended on 205/8.During the India innings, rain intervened and the target for India was 191 in 43 overs. This time, it was Williamson’s turn to inflict damage on Kohli. Goswami and the Indian skipper had strung a solid 84-run stand, with Goswami hammering a fifty and Kohli looking good on 43. However, Kohli drove a full ball from Worker to short cover where Williamson took a brilliant catch to his right and New Zealand was in the hunt again. Tim Southee took four wickets but India held their nerve to win by three wickets and enter the final. Kohli’s men would script history by winning the 2008 Under-19 title by beating South Africa in a rain-affected match.11 years later, Kohli and Williamson are the modern-day greats of the game and are part of the fab-four in batting, along with Steve Smith and Joe Root. Both nations have a good record in the World Cup and they will be determined to enhance it in the semi-final. Will Williamson get the better of Kohli or will the Indian skipper inflict pain on the Kiwis as he did in 2008? The answer will be known on July 9. highlightscenter_img India’s clash vs New Zealand in Trent Bridge was abandoned due to rain.New Zealand has a 4-3 head-to-head record against India in World Cups.Virat Kohli and Kane Williamson were part of the Under-19 World Cup in 2008.last_img read more

26Aug/20

Miller: Dodgers and Astros go back and forth to give us a series

first_imgLOS ANGELES — OK, so now, 10 games into their postseason run, the Dodgers are in a series, a real series.Their first season. The last series.The World Series.Hey, when you’re playing for the championship of the globe – even if the only teams eligible to participate are in the U.S. and Canada – it can’t be as easy as winning a beer-league softball title, right? They lost despite having the ball and game in the hand of Kenley Jansen, who had allowed only one unearned run in this postseason and no earned runs in more than a month.“I’m human,” Jansen said later. “I can’t do anything about it now. Today was their day.”The Dodgers lost, all right, when George Springer hit a two-run homer off Brandon McCarthy in the 11th inning, after they had come back in the manner of a miracle to stretch the game beyond 10 innings.See, the Astros sort of won this game twice, which the Dodgers made a necessity by refusing to go quietly.That was fitting, given everything that happened over the four hours, 19 minutes it took to resolve this thing. The score was tied at 1-1, 3-3 and 5-5. Both teams led by two runs at least once. Starting in the ninth inning, there were a combined six home runs hit.“That was definitely one of the best games I’ve been a part of,” the Dodgers Charlie Culberson said. “A great ballgame. Unfortunately, we lost.”Leading 3-2 entering the bottom of the ninth, the Culberson and his teammates watched in likely amazement as the Astros tied the score on a Marwin Gonzalez homer off Jansen.Then, in the 10th, Houston took the lead on back-to-back home runs by Jose Altuve and Carlos Correa off Josh Fields.To understand how shockingly and suddenly the mood shifted at Dodger Stadium, consider that after Correa’s homer the boos raining down on the Dodgers were nearly as epic as anything this team has done lately.Yeah, a classic fall in the Fall Classic.But the Dodgers, of course, weren’t done, and, despite this loss, it’s still hard to imagine this team being done until it has accomplished its goal.Now trailing 5-3, the Dodgers pulled even on a Puig homer – a drive as brilliant as the blue streak he has painted in his hair for this series – and a two-out RBI single by Kiké Hernandez.That comeback, however, only made what happened against McCarthy all the more difficult to take and made Culberson’s 11th-inning homer all the more frustrating, that tying seventh run still eluding the Dodgers.So now, after cruising to victories in eight of its first nine postseason games, this team finds themselves even with the talented and grinding Astros at a game apiece. In other words, the Dodgers find themselves in a series.“Nobody said it would be easy,” Culberson said. “We’re here to fight.”This is a series, certainly, the American League champions looking decidedly more threatening than what the rest of the National League could throw at the Dodgers.And all this soured just as dramatically as the Dodgers had earlier turned Game 2 in their unlikely favor.They actually provided the night’s initial twist when Corey Seager sent Dodger Stadium into orbit, nearly 55,000 fans – minus several hundred in Astros orange – launching from their seats and into the steamy night air, steamy yet still not warm enough to prevent chills.Seager, having just dominated a 97-mph fastball from a dominating Verlander, let out his own exhaust as he watched his game-altering two-run homer in the sixth streak toward the stands.He screamed. Really, he unleashed a guttural, primal, opened-mouth growl caught by cameras in spectacular slow motion.It was the highest of drama in the highest of def, coming from a player hardly known for his bursts of overwhelming emotion.That shot gave the Dodgers a sudden 3-1 lead on a night when Verlander was unhittable into the fifth inning and sustaining his velocity like he hadn’t – according to an ESPN report – since 2011.The home run also fit the script of what the Dodgers had been doing all postseason, coming up with big moments in the biggest moments.In their first nine postseason games entering Tuesday, the Dodgers had trailed at the end of only 13 of 81 innings, and eight of those came in their Game 4 loss to the Cubs in the National League Championship Series.In other words, the Dodgers had been ahead or tied 84 percent of the time, which brought with it a certain degree of comfort.Thanks to the Astros, all that changed in Game 2.Yeah, the theater was remarkable, from opening pitch to closing swing. In fact, the theater began even earlier than that.It started with an elaborate first-pitch ceremony that involved Vin Scully faking a rotator cuff injury and having to give way to Fernando Valenzuela, who tossed the ball to Steve Yeager.It was a bit much maybe, perhaps a tad over-the-top even. But this is L.A., and over-the-top is what we do sometimes, OK?The 11 crazy, wonderful, flustering innings that followed the opening ceremonies Tuesday proved that. Newsroom GuidelinesNews TipsContact UsReport an Errorcenter_img And there was nothing easy about this one for the Dodgers or their fans, this 7-6, bullpen-imploding, last-call, extra-large, extra-inning loss to the Astros in Game 2 of the World Series.“If you thought it was going to go 4-0, you’re crazy,” outfielder Yasiel Puig said through an interpreter. “These are the two best teams in American baseball. That’s what you get.”The Dodgers lost despite taking a lead into the ninth, something they hadn’t done on 98 previous such occasions this season.They lost despite getting ahead after struggling against Houston’s best pitcher, the fume-throwing Justin Verlander.last_img read more

17Aug/20

Tyson Chandler officially signs with the Lakers

first_img Trail Blazers, Grizzlies advance to NBA play-in game; Suns, Spurs see playoff dreams dashed Trail Blazers beat Grizzlies in play-in, earn first-round series with the Lakers LeBRON STRESSES IMPORTANCE OF VOTINGAmericans surged to the polls on Tuesday, and the NBA was among the sports leagues that spearheaded a Get Out The Vote campaign with a video of NBA stars talking about the importance of voting.James also said it was important to vote, but he didn’t have to go down the street to do it. James told reporters he’s still registered in Ohio.“That’s where I’m from,” he said. “That’s where I live and that’s home for me.”James has been politically outspoken for several years, a genesis he traces to the shooting of Trayvon Martin in 2012 when he played for the Miami Heat. Since then, he’s endorsed a number of political candidates, including Barack Obama and Hillary Clinton. He’s also feuded with President Donald Trump over video and social media channels.Last month, James wore a campaign hat for Beto O’Rourke, a Democratic candidate for senator in Texas, to a game in San Antonio. While he declined to delve deeper into candidates he supports in the midterm election cycle this year, he said he hoped people would vote.“It’s very important,” he said. “We always talk about we want change and then we get to this point and a lot of people don’t register and a lot of people don’t vote. But if we want change we have to have our voices and our boxes be checked for who we believe can make change. So, I’ve been pretty outspoken about it for quite a long time.”MOVING ON FROM RAPTORS LOSSAfter most games, the Lakers review the film as a team in the next practice. Not so with the 121-107 loss Sunday to the Toronto Raptors.“We toss it in the trash and move forward,” Walton said. “Our transition defense was terrible, offensively we weren’t running to our spots, spacing was off. We weren’t making the extra pass. Defensively, we were letting, on our individual defense we were letting blow-bys happen. We were late on rotations. It was an all-around just sloppy game to watch.”Related Articles Lakers practice early hoping to answer all questions EL SEGUNDO — Since the season began, it’s been obvious that the Lakers needed to bolster their frontcourt.The team took what it hopes will be a big step in the right direction on Tuesday afternoon, signing veteran center Tyson Chandler after he was bought out by the Phoenix Suns and cleared waivers. At 7-foot-1, Chandler is expected to fill an immediate need at backup center behind JaVale McGee.General Manager Rob Pelinka said in a statement that he, team president Magic Johnson and Coach Luke Walton had discussed adding rebounding and rim protection after watching the first 10 games of the season.“In Tyson Chandler, we addressed that need, and so much more,” he said. “We are excited that Tyson will bring championship-level experience to our Lakers team that will solidify our veteran leadership and help positively shape our young core. We are thrilled for Tyson to join us as we progress towards our ultimate goals as a team.” How athletes protesting the national anthem has evolved over 17 years center_img AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREUCLA alum Kenny Clark signs four-year contract extension with PackersChandler could join the team as early as Wednesday, pending a physical. ESPN reported that Chandler will be earning $2.1 million from the Lakers after the Suns bought out the remainder of his allotted $13.6 million salary for this season.Chandler, 36, is now the oldest Lakers player, as well as the most experienced. In his 18th NBA season, he’s made one All-Star team and has won one championship, helping the Mavericks defeat LeBron James’ Miami Heat team in 2011. Chandler also played for several incarnations of Team USA. Chandler made three All-Defense teams between 2011 and 2013, and was the NBA Defensive Player of the Year in 2012.While he’s at the tail end of his career, the Lakers believe Chandler could be invigorated by a larger role on a more competitive team, and they value his presence in the locker room.“We love the fact that we’re going to get another veteran,” James said over the weekend of Chandler. “A guy who plays hard, a guy who’s very smart and another champion to add to the champions that we have in this system here today, so and it adds depth in our frontcourt.”Chandler is an L.A. native who played at Dominguez High in Compton. He was twice named Mr. Basketball in California and was drafted No. 2 overall by the Clippers in 2001, but he never played for them after he and Brian Skinner were traded to the Chicago Bulls for Elton Brand. Walton said Tuesday’s practice was more physically taxing than normal, and the Lakers focused on running back in transition, which is foundational for all their defensive schemes.The Lakers are also focused on rebounding, which was an issue the last time the team played Minnesota. The Timberwolves had 20 offensive rebounds last week when they beat the Lakers. In the rematch on Wednesday at Staples Center, the players were resolute that they don’t want to get beat on the boards.“It’s about want to get the rebound,” James said. “Understanding that (when) we rebound, we are very good and we are going to do that.” Lakers, Clippers schedules set for first round of NBA playoffs Newsroom GuidelinesNews TipsContact UsReport an Errorlast_img read more