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Paramount Group stock price, PGRE
Paramount Group stock chart:
Paramount Group close price: 15.68
Stock price forecast:
UP TO +0.32%
Total forecasts: 90
Reached: 4 (4.44%)
Total Win: 0.41 (2.49%)
Showing 1-10 of 602 items.
|Date of Forecast||Stock Price||Target Price||Forecast Reached Date|
Paramount Group latest news:
Paramount Resources to buy Apache subsidiary for $459.5 mln
Canadian oil producer Paramount Resources Ltd (PRMRF) said on Thursday that it would buy the Canadian subsidiary of U.S. oil and gas firm Apache Corp (APA) for $459.5 million. The Calgary-based energy company plans to buy Apache Canada Ltd, and fund the deal with cash on hand and no debt.
BRIEF-Paramount Resources to acquire Apache Canada
* Paramount Resources Ltd to acquire Apache Canada Ltd. for
$459.5 million; Paramount and Trilogy Energy Corp. Agree to
BRIEF-Trilogy Energy agrees to merge with Paramount Resources
* Trilogy Energy Corp. Agrees to merge with Paramount
Movie theater stocks suffer after a disappointing Memorial Day weekend at the box office
Shares of movie exhibitors and theater chain operators were down Tuesday after the box office suffered its lowest 4-day Memorial Day weekend draw in 18 years. AMC Entertainment Corp. led the decline, falling nearly 5%, while IMAX Corp. fell 4%, Cinemark Holdings Inc. fell more than 2% and Marcus Corp. fell 2%. Regal Entertainment Group's was less severe, falling less than 1%. The box office brought in an estimated $179.0 million over the 4-day weekend, which is the lowest gross for the typically busy weekend since 1999, said ComScore analyst Paul Dergarabedian. Foot traffic at the multiplex, which has been relatively stagnant for years, disappointed over the weekend. Dergarabedian said the slate of movies so far this summer, aside from Walt Disney Co.'s "Guardians of the Galaxy Vol. 2," have been poor. Disney's "Pirates of the Caribbean: Dead Men Tell No Tales" topped the holiday box office but received little help from critics, pulling in $77.0 million, according to ComScore estimates. The box office's other new comer, "Baywatch," distributed by Viacom Inc.'s Paramount Pictures pulled in just $23.0 million. So far in the summer season, the box office is down 5.6% compared with the same time frame last year. "The pressure is on right now," Dergarabedian said, as the industry looks to June releases "Wonder Woman" from Time Warner Inc.'s Warner Bros., Disney's "Cars 3" and "Despicable Me 3" from Comcast Corp.-owned Universal Pictures. The S&P 500 index was flat during Tuesday trade.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
BRIEF-Paramount Group reports Q1 core FFO per share $0.22
* Q1 FFO per share view $0.20 -- Thomson Reuters I/B/E/S
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Further company coverage:
Viacom earnings, revenue top Street estimates on Paramount success
Viacom reported second-quarter earnings and sales Thursday that topped analysts' expectations, as the company continues to grow its Paramount business.
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