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News / Stocks

OTC Tip Reporter Announces Market News From Amazon, Cineworld, and National Retail Federation

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Read Today’s Highlights on Amazon, Cineworld, and National Retail Federation

Amazon encourages holiday shoppers to retrieve packages at physical locations
- Amazon (AMZN -1.1%) announces that holiday shoppers can pick up their packages at the Amazon 4-star and Amazon Books physical stores for the first time this year.

Cineworld jumps 20% after securing $750M in financing
- Cineworld (CNNWF +20.3%), owner of Regal (the No. 2 U.S. movie-theater chain), has secured $750M in new financing in a new lifeline it hopes will last through the COVID-19 pandemic.

Black Friday cheer: Holiday sales forecast to rise 3.6% to 5.2%
- The National Retail Federation held a holiday sales call this morning.
- The outlook for the holiday season is bright. The NRF notes that consumers have been engaged at a strong rate this year during prior holidays, which it takes as a good sign.


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