Movie theater attendance was down last year and 2012 expectations are uncertain. Even so, a writer for the investment website Investopedia says today it’s a good time to own Regal Entertainment Group stock.
Taking a less rosy outlook on the Knoxville-based movie theater operator are a pair of financial research firms that on Tuesday downgraded Regal stock and lowered their price estimates.
A new study of women in corporate leadership in Tennessee shows that gender equity remains elusive in the board rooms of the state’s publicly traded companies.
Among many interesting findings, the study, “Women in Corporate Leadership: 2010 Census,” found that in 2009 only 8.3 percent of director positions in Tennessee’s public companies are held by women. The state labor force is about 48 percent female.
However, a handful of East Tennessee companies offered bright spots for gender equity advocates, the study found.
Earlier this month, aluminum maker Alcoa reported a profit of $136 million, a reversal of fortune from a loss of $454M a year ago. Even First Horizon National Corp., parent of First Tennessee bank, has returned to profitability with a slender profit of $2.7 million, or 1 cent per share.
Will the trend continue? Will analysts predictions be any better?