AMC warns of second-quarter earnings 'weakness,' with revenue and profit down

The AMC 25 Theatres in Times Square in New York is seen on Tuesday, July 8, 2014.AMC Entertainment on Wednesday warned investors of declines in key metrics during the second quarter, sending shares down more than 5%. The company blamed last year's actors and writers strike for a slowdown in theatrical releases which ultimately led to "weakness" in the quarter ended June 30.AMC's preliminary results revealed revenue down more than 23% during the period to $1.03 billion. It also said it expects to post a net ...