To The Moon

AMC Entertainment filed to sell up to $250 million worth of its stock in an at-the-market offering, a bid by the movie-theater chain to shore up its balance sheet after a soft first-quarter box office.The company said it could use the proceeds, if any, from the potential stock sales to bolster liquidity, pay down debt or other purposes.AMC said last year's Hollywood writers' and actors' strikes weighed on the box office in the first quarter. The company said it is also grappling with higher seas

Singtel is in talks to sell Optus to Brookfield, AFR reportsIts shares jumped their most since 2022 in SingaporeSingapore Telecommunications Ltd. is in advanced discussions to sell carrier Optus to Brookfield for about A$16 billion , the Australian Financial Review reported, citing unidentified sources.Singapore’s largest carrier gained as much as 3.77%, its biggest intraday gain since May 2022, before it was suspended from trading pending an announcement. According to the AFR report, Brookfield