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The Motion Picture Association of America's Classification and Ratings Administration released their weekly ratings bulletin this morning, which included a rating for the highly anticipated third part of The Twilight Saga.

Iron Man 2 overcame Europe's rapidly depreciating currency to rule the world again in its second weekend, cashing out approximately $59 million from 59 territories. Alice in Wonderland continued its swift climb up the all-time worldwide list, while Clash of the Titans and How to Train Your Dragon added to their already impressive takes. Newcomers A Nightmare on Elm Street and Furry Vengeance performed decently in a comparatively small number of territories.

Thanks to a huge Mother's Day bump, documentary Babies opened to $2.16 million, which represented the highest-grossing limited opening in over a year and a half. Holdovers City Island, The Girl with the Dragon Tattoo and The Secret in Their Eyes continued their decent limited runs, but new release Mother and Child was so-so and Casino Jack and the United States of Money failed to extort much cash from audiences in its debut. Michael CaineNaomi WattsAnnette BeningSamuel L. JacksonMichael Moore

Striking with $128.1 million in a blazing start to the summer movie season, Iron Man 2 shot past the debut of the first Iron Man, which kicked off with $98.6 million on the same weekend in 2008. The sequel also rocketed to fifth place among the highest-grossing opening weekends of all time, slotting behind Pirates of the Caribbean: Dead Man's Chest's $135.6 million launch. In terms of estimated attendance, though, Iron Man 2 would chart tenth on that list. Robert Downey Jr.

Through the years, early May has evolved into the start of the summer movie season, even though the actual summer doesn't begin for another month and a half. This year is no exception with the release of Iron Man 2, which follows in the footsteps of the first Iron Man, Spider-Man and Spider-Man 3 among past early May/summer kick-offs. Ridley ScottMeg RyanKevin KlineJohnny DeppStephen Sommers

Powering past its predecessor's opening day, Iron Man 2 took off with an estimated $52.4 million on Friday, playing on approximately 10,000 screens at a record 4,380 locations. The first Iron Man claimed $35.2 million (or $38.7 million including its Thursday night previews) on its first day two years ago.

Freddy Krueger flexed his villainous muscles this week, propelling the Nightmare on Elm Street remake to an easy first place finish. Way behind was How to Train Your Dragon, which continued to post strong numbers in its sixth week, along with holdovers Date Night and The Back-Up Plan. Rounding out the top five was the other newcomer, Furry Vengeance, though the environmentalist family comedy failed to produce green returns.

After a ten-year hiatus, the Men in Black will return Memorial Day Weekend 2012, distributor Sony Pictures announced this afternoon. Dubbed MIB 3 instead of Men in Black III, the picture will bring back stars Will Smith and Tommy Lee Jones and director Barry Sonnenfeld and will be the first 3D movie in the series. Josh Brolin

This weekend, Iron Man 2 swoops onto over 10,000 screens at 4,380 locations as the sole new nationwide release and the opening salvo of the summer movie season. In doing so, it has broken The Dark Knight's 4,366-location record, although there have been movies with greater screen counts, including Spider-Man 3 and Pirates of the Caribbean: At World's End. Robert Downey Jr.

In the latest of a series of franchise-related release date announcements, 20th Century Fox revealed this afternoon that the tentatively-titled Rise of the Apes, a prequel to Planet of the Apes, will open June 24, 2011. Tim BurtonRupert WyattRick JaffaAmanda SilverDylan ClarkPeter Chernin

Paramount Pictures made major announcements this afternoon related to two J.J. Abrams projects: Abrams-produced Mission: Impossible IV has moved from Memorial Day Weekend 2011 to Dec. 16, 2011, while top-secret project Super 8 was revealed to be both written and directed by Abrams. Paramount did not announce a specific date for Super 8, instead scheduling it for Summer 2011. Steven SpielbergTom CruiseBrad Bird

After 126 days in theaters, Sherlock Holmes ended its highly successful run last Thursday, April 29. Another Jude Law movie, Repo Men, also shut down recently, albeit to drastically lower total sales. Robert Downey Jr.Guy RitchieForest Whitaker

Late last night, Summit Entertainment announced that The Twilight Saga: Breaking Dawn will hit theaters Nov. 18, 2011. Directed by Bill Condon, Breaking Dawn brings back Kristen Stewart, Robert Pattinson and Taylor Lautner to tell the final story in the Twilight series.

20th Century Fox announced this afternoon that Kick-Ass director Matthew Vaughn will officially be taking on directing duties for X-Men: First Class, which is now scheduled for June 3, 2011.

April 2010 was the highest-grossing April of all time, generating $752 million. That was up eight percent over April 2009, which was the previous April record with over $695 million, but the average national ticket price jumped over eight percent year over year to $7.95. In terms of estimated attendance, April 2010 wouldn't even crack the Top Ten Aprils.

In its seventh weekend, City Island expanded to take first place among limited releases, with Bollywood crime caper Housefull and previous limited champ The Girl with the Dragon Tattoo falling just behind it. New movies from Michael Caine and Nicole Holofcener also performed fairly well, while The Good Heart and Mercy failed to spark much interest. Paul DanoBrian Cox

Walt Disney Pictures announced this afternoon that the Steven Spielberg-directed adaptation of children's book War Horse is now set to hit theaters Wednesday, Aug. 10, 2011. The anti-war novel tells the story of a farm horse who is sold to the French Army during World War I, ultimately fighting for both the French and the German armies. Ruben Fleischer

Burning through one of the most front-loaded opening weekends on record, A Nightmare on Elm Street (2010) boiled atop the box office with $32.9 million on approximately 4,700 screens at 3,332 sites. Beneath Freddy's latest resurrection, Furry Vengeance got razed in its debut, but the holdovers couldn't pick up enough slack for an up weekend: overall business was down around ten percent from the late April weekend last year. Michael Bay

Recent releases Tooth Fairy, Leap Year and Nine all reach DVD and Blu-ray this Tuesday, while other prominent movies like Saving Private Ryan, Doctor Zhivago and The Notebook make their Blu-ray debuts.