Latest news for Libero Copper & Gold (OTC:LBCMF) Stock

Libero Copper & Gold Corp is a mineral exploration company that holds a portfolio of porphyry copper deposits throughout the Americas, including the Big Red porphyry copper and Big Bulk porphyry copper-gold projects in the Golden Triangle, British Columbia, Canada, the Mocoa porphyry copper-molybdenum deposit in Putumayo, Colombia; and the Esperanza porphyry copper-gold project in San Juan, Argentina. The company operates in four geographic regions; Canada, the USA, Argentina and Colombia.

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LIBERO CPPR & GOLD CORP by Libero Copper & Gold Corp.

Libero Copper & Gold Corp

<p><strong>Crown Holdings, Inc.</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CCK#NYSE">CCK</a>) shares are trading higher today after the company reported better-than-expected&nbsp;second-quarter adjusted EPS results yesterday and raised its FY24 EPS<a target="_blank" href="https://www.benzinga.com/pressreleases/24/07/n39892943/crown-holdings-inc-reports-second-quarter-2024-results" rel="noreferrer noopener"> guidance&nbsp;above estimate</a>.</p>
<p>Net sales declined to&nbsp;$3.04 billion&nbsp;from&nbsp;$3.11 billion&nbsp;a year ago, missing the consensus of $3.06 billion.</p>
<p>Revenue was affected by a $94 million pass-through of lower material costs and a $13 million adverse impact from foreign currency fluctuations.</p>
<p>Adjusted EPS of&nbsp;$1.81, exceeding <a target="_blank" href="https://www.benzinga.com/earnings" rel="noreferrer noopener">the consensus of&nbsp;$1.58</a>.</p>
<p>The company reported operating cash flow of $343 million and $178 million in adjusted free cash flow for the first half of the year.</p>
<p>Timothy J. Donahue, Chairman, President, and Chief Executive Officer, said, &#8220;The Company performed well during the quarter, led by strong results in each of the global beverage businesses.&nbsp; Benefitting from our broad geographic presence and strategic customer alliances, beverage segment income improved by 21% in the second quarter on a combined global basis.&#8221;</p>
<p>&#8220;Beverage can shipments improved 6% globally in the second quarter, including 9% in North America.&nbsp; Beverage can shipments in&nbsp;Europe&nbsp;and&nbsp;Latin America&nbsp;were also strong and exceeded longer-term expectations&nbsp;of low-to mid-single digit volume growth.&#8221;</p>
<p><strong>Outlook</strong>: Crown Holdings raised FY24 EPS guidance to $6.00–$6.25 (from $5.80–$6.20) vs. an estimate of $5.98 and expects free cash flow to exceed $750 million.</p>
<p>The company projects third-quarter adjusted EPS of $1.75–$1.85 vs. <a target="_blank" href="https://www.benzinga.com/calendars/guidance" rel="noreferrer noopener">consensus of&nbsp;$1.79</a>.</p>
<p><strong>RBC Capital Markets</strong> analyst Arun Viswanathan writes that although CCK is raising its FY24 guidance primarily due to the second-quarter beat, investor sentiment might be cautious due to ongoing inflation impacts on consumers, affecting CCK and other packaging stocks.</p>
<p>The analyst notes investors will also respond positively to CCK&#8217;s new long-term leverage target of 2.5x.</p>
<p>However, weakness persists in CCK&#8217;s non-reportable segments, including NA aerosol and beverage can-making equipment and Transit, which are more sensitive to economic fluctuations, writes the analyst.</p>
<p>Overall, the analyst is positive about the NA shipment growth (+9%) and the mid-to-low single-digit growth in Europe/LATAM.</p>
<p>Additionally, CCK&#8217;s strong cash flow from operations reflects effective working capital management, with expectations to end 2024 below 3.0x and a new long-term target of 2.5x.</p>
<p>The analyst maintains an <a target="_blank" href="http://benzinga.com/quote/CCK/analyst-ratings" rel="noreferrer noopener">Outperform rating on the stock with a price target of $96.00</a>.</p>
<p><strong>Price Action</strong>: CCK shares are up 9% at $84.45 at the last check Tuesday.</p>
<p><strong><em>Disclaimer:</em></strong><em> This content was partially produced with the help of AI tools and was reviewed and published by Benzinga editors.</em></p>
<p><em>Image from Shutterstock</em></p>


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Why Packaging Company Crown Holdings Shares Are Surging Today

<p>Whales with a lot of money to spend have taken a noticeably bullish stance on <strong>Citigroup</strong>.</p>
<p>Looking at options history for Citigroup (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/C#NYSE">C</a>) we detected 15 trades.</p>
<p>If we consider the specifics of each trade, it is accurate to state that 53% of the investors opened trades with bullish expectations and 46% with bearish.</p>
<p>From the overall spotted trades, 7 are puts, for a total amount of $1,026,718 and 8, calls, for a total amount of $1,799,454.</p>
<h3>Predicted Price Range</h3>
<p>After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $40.0 and $72.5 for Citigroup, spanning the last three months.</p>
<h3>Volume &amp; Open Interest Development</h3>
<p>Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.</p>
<p>This data can help you track the liquidity and interest for Citigroup's options for a given strike price.</p>
<p>Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Citigroup's whale activity within a strike price range from $40.0 to $72.5 in the last 30 days. </p>
<h3>Citigroup 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721758584_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>C</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>01/17/25</td>
<td>$15.65</td>
<td>$15.4</td>
<td>$15.64</td>
<td>$50.00</td>
<td>$1.5M</td>
<td>41.3K</td>
<td>1.0K</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>11/15/24</td>
<td>$1.76</td>
<td>$1.73</td>
<td>$1.75</td>
<td>$60.00</td>
<td>$315.8K</td>
<td>5.7K</td>
<td>2.8K</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.3</td>
<td>$6.3</td>
<td>$6.3</td>
<td>$70.00</td>
<td>$315.0K</td>
<td>1.0K</td>
<td>0</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.2</td>
<td>$6.1</td>
<td>$6.2</td>
<td>$70.00</td>
<td>$155.0K</td>
<td>1.0K</td>
<td>750</td>
</tr>
<tr>
<td>C</td>
<td>PUT</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>09/20/24</td>
<td>$6.3</td>
<td>$5.65</td>
<td>$6.2</td>
<td>$70.00</td>
<td>$155.0K</td>
<td>1.0K</td>
<td>750</td>
</tr>
</tbody>
</table>
</p>
<h3>About Citigroup</h3>
<p>Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.</p>
<p>Following our analysis of the options activities associated with Citigroup, we pivot to a closer look at the company's own performance.</p>
<h3>Current Position of Citigroup</h3>
<ul>
<li>Currently trading with a volume of 3,747,974, the C's price is up by 0.49%, now at $64.81. </li>
<li>RSI readings suggest the stock is currently may be approaching overbought.</li>
<li>Anticipated earnings release is in 80 days.</li>
</ul>
<h3>What The Experts Say On Citigroup</h3>
<p>Over the past month, 5 industry analysts have shared their insights on this stock, proposing an average target price of $70.6.</p>
<ul>
<li>An analyst from BMO Capital persists with their Market Perform rating on Citigroup, maintaining a target price of $67. </li>
<li>Consistent in their evaluation, an analyst from Evercore ISI Group keeps a In-Line rating on Citigroup with a target price of $62. </li>
<li>Consistent in their evaluation, an analyst from Morgan Stanley keeps a Overweight rating on Citigroup with a target price of $66. </li>
<li>Consistent in their evaluation, an analyst from Oppenheimer keeps a Outperform rating on Citigroup with a target price of $86. </li>
<li>An analyst from Argus Research persists with their Buy rating on Citigroup, maintaining a target price of $72. </li>
</ul>
<p>Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.</p>
<p>If you want to stay updated on the latest options trades for Citigroup, <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a> gives you real-time options trades alerts.</p>


Options

Citigroup Options Trading: A Deep Dive into Market Sentiment

<p>Deep-pocketed investors have adopted a bullish approach towards Sea (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SE#NYSE">SE</a>), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in SE usually suggests something big is about to happen.</p>
<p>We gleaned this information from our observations today when Benzinga's options scanner highlighted 11 extraordinary options activities for Sea. This level of activity is out of the ordinary.</p>
<p>The general mood among these heavyweight investors is divided, with 45% leaning bullish and 45% bearish. Among these notable options, 5 are puts, totaling $273,503, and 6 are calls, amounting to $317,307.</p>
<h3>Expected Price Movements</h3>
<p>Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $55.0 to $80.0 for Sea over the last 3 months. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Sea stands at 1716.09, with a total volume reaching 2,338.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Sea, situated within the strike price corridor from $55.0 to $80.0, throughout the last 30 days.</p>
<h3>Sea 30-Day Option Volume &amp; Interest Snapshot</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721758579_0.png" alt="Options Call Chart" /></p>
<h3>Noteworthy Options Activity:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>SE</td>
<td>CALL</td>
<td>TRADE</td>
<td>BULLISH</td>
<td>03/21/25</td>
<td>$15.05</td>
<td>$14.4</td>
<td>$14.9</td>
<td>$60.00</td>
<td>$149.0K</td>
<td>127</td>
<td>100</td>
</tr>
<tr>
<td>SE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/09/24</td>
<td>$1.4</td>
<td>$1.33</td>
<td>$1.4</td>
<td>$65.00</td>
<td>$103.5K</td>
<td>2.0K</td>
<td>1.4K</td>
</tr>
<tr>
<td>SE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/16/24</td>
<td>$13.65</td>
<td>$13.25</td>
<td>$13.65</td>
<td>$80.00</td>
<td>$54.6K</td>
<td>685</td>
<td>1</td>
</tr>
<tr>
<td>SE</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>09/20/24</td>
<td>$3.95</td>
<td>$3.85</td>
<td>$3.95</td>
<td>$70.00</td>
<td>$49.3K</td>
<td>6.5K</td>
<td>167</td>
</tr>
<tr>
<td>SE</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BULLISH</td>
<td>01/16/26</td>
<td>$16.75</td>
<td>$16.65</td>
<td>$16.65</td>
<td>$72.50</td>
<td>$46.6K</td>
<td>62</td>
<td>29</td>
</tr>
</tbody>
</table>
</p>
<h3>About Sea</h3>
<p>Sea operates Southeast Asia's largest e-commerce company, Shopee, in terms of gross merchandise value and number of transactions. Sea started as a gaming business, Garena, but in 2015 expanded into e-commerce, which is now the main growth driver. Shopee is a hybrid C2C and B2C marketplace platform operating in eight core markets. Indonesia accounts for 35% of GMV, with the rest split mainly among Taiwan, Vietnam, Thailand, Malaysia, and the Philippines. For Garena, Free Fire was the most downloaded game in January 2022 and accounted for 74% of gaming revenue in 2021. Sea's third business, SeaMoney, provides mostly credit lending.</p>
<p>After a thorough review of the options trading surrounding Sea, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Sea</h3>
<ul>
<li>Currently trading with a volume of 3,158,485, the SE's price is down by -0.99%, now at $66.8. </li>
<li>RSI readings suggest the stock is currently may be oversold.</li>
<li>Anticipated earnings release is in 21 days.</li>
</ul>
<h3>Expert Opinions on Sea</h3>
<p>4 market experts have recently issued ratings for this stock, with a consensus target price of $77.5.</p>
<ul>
<li>An analyst from Citigroup persists with their Buy rating on Sea, maintaining a target price of $80. </li>
<li>Reflecting concerns, an analyst from DBS Bank lowers its rating to Hold with a new price target of $75.</li>
<li>An analyst from B of A Securities has decided to maintain their Buy rating on Sea, which currently sits at a price target of $77. </li>
<li>An analyst from JP Morgan has revised its rating downward to Neutral, adjusting the price target to $78. </li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Sea options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


Unpacking the Latest Options Trading Trends in Sea

<p>Investors with a lot of money to spend have taken a bearish stance on <strong>Upstart Hldgs</strong> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPST#NASDAQ">UPST</a>).</p>
<p>And retail traders should know.</p>
<p>We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.</p>
<p>Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with UPST, it often means somebody knows something is about to happen.</p>
<p>Today, Benzinga's options scanner spotted 8 options trades for <strong>Upstart Hldgs</strong>.</p>
<p>This isn't normal.</p>
<p>The overall sentiment of these big-money traders is split between 12% bullish and 87%, bearish.</p>
<p>Out of all of the options we uncovered, there was 1 put, for a total amount of $29,325, and 7, calls, for a total amount of $245,392.</p>
<h3>Predicted Price Range</h3>
<p>Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $15.0 to $37.5 for Upstart Hldgs during the past quarter. </p>
<h3>Analyzing Volume &amp; Open Interest</h3>
<p>In today's trading context, the average open interest for options of Upstart Hldgs stands at 994.57, with a total volume reaching 1,937.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Upstart Hldgs, situated within the strike price corridor from $15.0 to $37.5, throughout the last 30 days.</p>
<h3>Upstart Hldgs Option Activity Analysis: Last 30 Days</h3>
<p><img src="https://www.benzinga.com/files/images/story/2024/1721758574_0.png" alt="Options Call Chart" /></p>
<h3>Significant Options Trades Detected:</h3>
<p>
<table>
<thead>
<tr>
<th><strong>Symbol</strong></th>
<th><strong>PUT/CALL</strong></th>
<th><strong>Trade Type</strong></th>
<th><strong>Sentiment</strong></th>
<th><strong>Exp. Date</strong></th>
<th><strong>Ask</strong></th>
<th><strong>Bid</strong></th>
<th><strong>Price</strong></th>
<th><strong>Strike Price</strong></th>
<th><strong>Total Trade Price</strong></th>
<th><strong>Open Interest</strong></th>
<th style="text-align: right;"><strong>Volume</strong></th>
</tr>
</thead>
<tbody>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$1.68</td>
<td>$1.64</td>
<td>$1.64</td>
<td>$28.00</td>
<td>$65.6K</td>
<td>649</td>
<td style="text-align: right;">446</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>08/30/24</td>
<td>$2.86</td>
<td>$1.97</td>
<td>$1.97</td>
<td>$32.00</td>
<td>$39.4K</td>
<td>284</td>
<td style="text-align: right;">200</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>TRADE</td>
<td>BEARISH</td>
<td>01/17/25</td>
<td>$14.95</td>
<td>$14.0</td>
<td>$14.0</td>
<td>$15.00</td>
<td>$33.6K</td>
<td>4.8K</td>
<td style="text-align: right;">70</td>
</tr>
<tr>
<td>UPST</td>
<td>PUT</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>12/20/24</td>
<td>$12.8</td>
<td>$12.65</td>
<td>$12.75</td>
<td>$37.50</td>
<td>$29.3K</td>
<td>138</td>
<td style="text-align: right;">24</td>
</tr>
<tr>
<td>UPST</td>
<td>CALL</td>
<td>SWEEP</td>
<td>BEARISH</td>
<td>08/02/24</td>
<td>$1.48</td>
<td>$1.43</td>
<td>$1.43</td>
<td>$28.00</td>
<td>$28.7K</td>
<td>649</td>
<td style="text-align: right;">671</td>
</tr>
</tbody>
</table>
</p>
<h3>About Upstart Hldgs</h3>
<p>Upstart Holdings Inc provides credit services. The company provides a proprietary, cloud-based, artificial intelligence lending platform. The platform aggregates consumer demand for loans and connects it to the network of Upstart AI-enabled bank partners. Upstart's platform includes personal loans, automotive retail and refinance loans, home equity lines of credit and small dollar loans.</p>
<p>After a thorough review of the options trading surrounding Upstart Hldgs, we move to examine the company in more detail. This includes an assessment of its current market status and performance.</p>
<h3>Present Market Standing of Upstart Hldgs</h3>
<ul>
<li>With a volume of 1,881,192, the price of UPST is up 0.14% at $27.69. </li>
<li>RSI indicators hint that the underlying stock may be approaching overbought.</li>
<li>Next earnings are expected to be released in 14 days.</li>
</ul>
<p>Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Upstart Hldgs options trades with real-time alerts from <a href="https://benzinga.grsm.io/register174">Benzinga Pro</a>.</p>


UPST

Decoding Upstart Hldgs's Options Activity: What's the Big Picture?

<p><strong>AMC Entertainment Holdings Inc </strong>(NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMC#NYSE">AMC</a>) reached an agreement with creditors to restructure its debt this week. AMC CEO <strong>Adam Aron</strong> called it <a href="https://www.benzinga.com/general/entertainment/24/07/39891426/amc-entertainment-stock-halted-movie-theater-chain-announces-restructuring-of-debt-load-ada">&#8220;the biggest news AMC has made in years.&#8221;</a> </p>
<p><strong>What To Know:</strong> Tuesday on CNBC&#8217;s &#8220;Squawk Box,&#8221; Aron noted that there have been a lot of headlines coming out over the past few months suggesting AMC <a href="https://www.benzinga.com/general/entertainment/24/04/38184776/amc-ceo-says-bankruptcy-is-inconceivable-as-shares-hit-52-week-lows-2025-2026-are-going-to-">could have trouble repaying its debt</a> and could even be headed for bankruptcy.</p>
<p>&#8220;I&#8217;ve been quoted over and over again saying I thought that was inconceivable and that we would be taking steps to assure AMC&#8217;s future, and that&#8217;s what we did yesterday,&#8221; Aron said. </p>
<p>AMC on Monday announced <a href="https://www.benzinga.com/general/entertainment/24/07/39891426/amc-entertainment-stock-halted-movie-theater-chain-announces-restructuring-of-debt-load-ada">refinancing transactions</a> with lenders to extend its debt maturities and give the company an opportunity to reduce debt through the conversion of exchangeable notes into equity.</p>
<p>AMC will issue $1.2 billion of new secured term loans due 2029 in consideration for an open market purchase of senior secured term loans due 2026. AMC also said it exchanged $500 million of second lien subordinated secured notes due 2026 for new secured term loans due 2029.</p>
<p>&#8220;I just can&#8217;t even tell you how important it is that we extended our debt maturities from 2026 to 2029. It gives us years and years of breathing room,&#8221; Aron said. </p>
<p><strong>Check This Out: <a href="https://www.benzinga.com/general/entertainment/24/07/39806439/good-news-for-cinemark-amc-stock-new-report-predicts-2026-cinema-revenue-passing-pre-covid-">Good News For Cinemark, AMC Stock? New Report Predicts 2026 Cinema Revenue Passing Pre-COVID-19 Levels — But There&#8217;s A Catch</a></strong></p>
<p><strong>Why It Matters: </strong>The refinancing transactions aim to position the company favorably for an eventual <a href="https://www.benzinga.com/topic/box-office">box office</a> recovery, which is progressing well, according to Aron. </p>
<p>Although movie ticket sales remain below pre-pandemic levels, the company is seeing notable recovery momentum and now expects &#8220;strong&#8221; year-over-year box office growth in the back half of 2024, continuing into 2025 and 2026.</p>
<p>&#8220;It&#8217;s coming at a time when the box office is finally roaring back. Our profitability will rise if, as and when the box office rises. This is all just such a good news story for my company and for our shareholders,&#8221; Aron said. </p>
<p>The AMC CEO highlighted upcoming blockbuster films from <strong>Walt Disney Co</strong> (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) and others, including &#8220;Deadpool &amp; Wolverine,&#8221; &#8220;Joker: Folie à Deux,&#8221; &#8220;Alien: Romulus,&#8221; &#8220;Moana 2&#8221; and &#8220;Mufasa: The Lion King.&#8221;</p>
<p>&#8220;Deadpool &amp; Wolverine&#8221; is set to open this week, Aron said, adding that the company believes it &#8220;might be the highest grossing R-rated film in history.&#8221; </p>
<p>As you look into 2025 and 2026, there is another Avengers movie, another <a href="https://www.benzinga.com/topic/star-wars">Star Wars</a> movie, another Avatar movie and another Mission Impossible, he said. </p>
<p>&#8220;It&#8217;s just staggering,&#8221; Aron said. &#8220;There are so many good movies coming out and that&#8217;s why we are so optimistic about AMC&#8217;s future, so bullish about AMC&#8217;s future &#8230; finally, I think the good times are about to roll.&#8221;</p>
<p><strong>AMC Price Action:</strong> <a href="https://www.benzinga.com/quote/AMC">AMC shares</a> jumped on Monday following the refinancing transactions announcement. Although the stock was down 3.4% to $5.10 at the time of publication Tuesday afternoon, per <a href="http://pro.benzinga.com">Benzinga Pro</a>.</p>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/top-stories/24/07/39699599/benzinga-founder-jason-raznick-on-meme-stocks-importance-of-diversification-didnt-want-to-lose-a-gen"><strong>Benzinga Founder Jason Raznick On Meme Stocks, Importance Of Diversification: &#8216;Didn&#8217;t Want To Lose A Generation Of Investors&#8217;</strong></a></li>
</ul>
<p><em>Photo: <a href="https://www.flickr.com/photos/pasa/">Paul Sableman</a> from Flickr.</em></p>


Entertainment

General

Are The Good Times 'About To Roll' At AMC? Adam Aron Highlights 'Staggering' Box Office Lineup, 'Good News' For Shareholders

<p><a href="https://truthsocial.com/@realDonaldTrump/112837096247654677" title="https://truthsocial.com/@realDonaldTrump/112837096247654677">https://truthsocial.com/@realDonaldTrump/112837096247654677</a></p>


Politics

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<p>Vertically integrated cannabis company<strong> Cannara Biotech Inc.</strong> (TSXV:<a class="ticker" href="https://www.benzinga.com/stock/LOVE#TSXV">LOVE</a>) (OTCQB:<a class="ticker" href="https://www.benzinga.com/stock/LOVFF#OTCQB">LOVFF</a>) (FRA: 8CB0) announced  its fiscal<strong> third quarter 2024 financial and operating results </strong>on Tuesday for the three month period ended May 31, 2024.</p>
<p><strong>Zohar Krivorot</strong>, Cannara&#8217;s president and CEO, praised the company's "strong performance," during the period, with net <strong>revenues reaching CA$19.5 million </strong>($14.2 million) during the quarter, representing a <strong>22.6% year-over-year increase.</strong></p>
<p>&#8220;Historically, our sales growth has been driven by great customer loyalty and strong demand for our products, amplified by organic word-of-mouth promotion," Krivorot explained. "However, as indicated by our flat quarter-to-quarter results, this can only take us so far. To continue our expansion across the country, we have begun enhancing our sales force and infrastructure."</p>
<p><strong>Read Also: <a href="https://www.benzinga.com/markets/cannabis/24/05/38563458/cannara-biotech-reports-51-yoy-revenue-increase-in-q2-wider-net-loss">Cannara Biotech Reports 51% YoY Revenue Increase In Q2, Wider Net Loss</a></strong></p>
<h3 class="wp-block-heading">Q3 2024 Financial Highlights</h3>
<ul>
<li><strong>Gross profit,</strong> before fair value adjustments, <strong>decreased to CA$5.7 million from CA$6.1 million in the prior year's quarter, representing a 6.1% year-over-year decline.</strong></li>
<li>Gross profit percentage before fair value adjustments was 29% compared to 38% in the corresponding quarter of 2023.</li>
<li>Operating income totaled CA$3.6 million compared to CA$4.3 million in the same period of fiscal 2023.</li>
<li>Net income of CA$2 million compared to CA$2.9 million in the prior year's period.</li>
<li>Adjusted EBITDA came in positive at CA$2.8 million, compared to CA$3.9 million adjusted EBITDA gain in the prior year's period.</li>
<li>The company generated operating cash flow amounting to CA$4.3 million compared to CA$2.5 million in the third quarter of last year, representing a year-over-year increase of 72%.</li>
<li>Free cash flow increased to CA$1.2 million from CA$37,000 in the third quarter of 2023.</li>
<li>Generated earnings per share of CA$0.02 compared to CA$0.03 in the prior year's period.</li>
</ul>
<h3 class="wp-block-heading">Q3 2024 Operational Highlights</h3>
<ul>
<li>Expansion in Manitoba, Canada;</li>
<li>Successful launch of three new genetics for Cannara's House of Brands;</li>
<li>Sale of a parcel of land at Valleyfield site;</li>
<li>Cannara enters East Coast recreational market with the 4/20-themed offer with NSLC; and</li>
<li>Continued expansion in Quebec and other provinces.</li>
</ul>
<p><strong>Read Next:</strong></p>
<ul>
<li><a href="https://www.benzinga.com/general/biotech/24/02/36979898/cannara-biotech-q1-results-revenue-net-income-and-market-share-up-quarter-also-marks-companys-fir"><strong>Cannara Biotech Q1 Results: Revenue, Net Income And Market Share Up, Quarter Also Marks Company&#8217;s First Export Sale</strong></a></li>
</ul>
<p><strong><em>To learn more about cannabis stocks, come, join us at the 19th Benzinga Cannabis Capital Conference, coming to Chicago this Oct. 8-9. <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">Get your tickets now</a> before prices surge by following <a href="https://www.eventbrite.com/e/benzinga-capital-conference-cannabis-fall-2024-tickets-858948065787?aff=oddtdtcreator" target="_blank" rel="noreferrer noopener">this link</a>.</em></strong></p>


Cannabis

LOVE

Cannara Biotech Reports 6% YoY Drop In Q3 Gross Profit, 22% Revenue Increase As It Enhances Sales Force And Infrastructure

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