AMC stock drops after court approves ‘APE’ conversion

AMC stock drops after court approves 'APE' conversion

font size Brandon Bell/Getty Images shares AMC Entertainment It was sinking in late trading on Friday after Bloomberg mentioned The company has received approval to proceed with the planned conversion from AMC Preferred Equity, or APE, units into common shares. AMC stock (stock ticker: AMC) fell 27% to $3.83. APE units are up 26%. AMC … Read more

With the increase in fires and severe weather, so is the demand for homeowners insurance

With the increase in fires and severe weather, so is the demand for homeowners insurance

The devastating fires in Maui are a stark reminder of the increased risks homeowners face from disasters such as wildfires, storms and floods. Dry conditions, low humidity and high winds from a hurricane battering hundreds of miles south of Hawaii helped fuel the fires that have killed at least 80 people and devastated the historic … Read more