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Market Madness: Helios and Matheson CEO Feels Bullish, Do You?

It's been a hectic day in the market, but here are some of the stories you should care about.


The markets close in the green after yesterday's stumble.

It's always nice to end on a high note, especially this close to the weekend.

But, before you go and enjoy your evenings, catch up on some of the top stories from today.

Helios & Matheson Analytics

MoviePass' parent company Helios and Matheson Analytics is up 6% on Thursday after trading at all time lows Wednesday morning.

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TheStreet Recommends

Wednesday afternoon, TheStreet's intern, Taylor Nicole Rogers, spoke with CEO Ted Farnsworth and he's confident that surge pricing and creating their own content will make them profitable by the end of the year.

When asked about the service's new competition from AMC, Farnsworth said that AMC's investors are the ones that ought to be worried. Farnsworth said according to MoviePass' user data from before H&M slashed it monthly fee to $9.95, the $19.95 price point where the AMC service is creates the kind of heavy users that make these services lose millions.

California Greenhouse Gas

California reduced the amount of greenhouse gas it emits by 2.7% to 429.4 million metric tonnes in 2016. The state didn't expect to reach that level until at least 2020.

California wants to cut down on greenhouse gas emissions by 40% by 2030.

The state reached peak emission levels of 493.7 million metric tonnes in 2004 but has since seen its emission levels fall to what it was producing in 1990.

New York Fed President

On Wednesday, the New York Federal Reserve president, John Williams, hosted a town hall in Brooklyn.

TheStreet's Katherine Ross attended the event and spoke to the new president.