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☆ Morgan Stanley says regional theme parks may be a great investment and have 2 favorite picks
▼ + stars: | 2023-04-20 | by ( Michelle Fox | ) www.cnbc.com time to read: +3 min

Morgan Stanley is bullish on regional theme parks and believes two names in particular are poised to outperform: Cedar Fair and SeaWorld. Lastly, regional theme park earnings before interest, taxes, depreciation, and amortization multiples are down 15% to 20% compared to pre-Covid levels. In particular, Cedar Fair has well-invested properties and a strong recurring visitor base, which speaks to its underlying pricing power, Yeh wrote. While there are concerns about a potential recession, he believes the regional theme parks can weather a downturn. Cedar Fair is up just over 2% year to date, while SeaWorld is little changed.

☆ Florida aquarium to release orca after more than 50 years in captivity
▼ + stars: | 2023-03-30 | by ( Tyler Clifford | ) www.reuters.com time to read: +2 min

[1/2] A killer whale jumps out of the water in the sea near Rausu, Hokkaido, Japan, July 1, 2019. REUTERS/Kim Kyung-HoonMarch 30 (Reuters) - A Florida aquarium has reached a deal with animal welfare advocates to release Lolita, a 5,000-pound (2,268 kg) killer whale held in captivity for more than half a century, officials said on Thursday. The plan to return Lolita to her natural habitat requires federal approval, according to the newspaper. The Seaquarium's previous owner, SeaWorld Entertainment Inc (SEAS.N), phased out killer whale shows in 2016. Killer whales are highly social mammals that have no natural predators and can up to 80 years.

☆ Why I Stood Up to Disney
▼ + stars: | 2023-03-01 | by ( Ron Desantis | ) www.wsj.com time to read: +1 min

On Monday, I signed the law ending the Walt Disney Co.’s self-governing status over 43 square miles in central Florida, an area almost as big as Miami. Disney’s special arrangement, which dates to 1967, was an indefensible example of corporate welfare. It even allowed Disney to build a nuclear power plant and to use eminent domain to seize private property outside the district’s boundaries. While special districts are common in Florida, Disney’s deal was conspicuous in the massive benefits it conferred. Disney’s self-governing status endured because the company’s unrivaled political power in Florida made its arrangement virtually untouchable.

☆ DeSantis strips Disney World of its self-governing power in Florida: 'There's a new sheriff in town'
▼ + stars: | 2023-02-27 | by ( Kimberly Leonard | ) www.businessinsider.com time to read: +7 min

DeSantis has officially stripped Disney World of its self-governing status. DeSantis appointed political allies to the board, which have to be approved by the Florida Senate. Ron DeSantis abolished Walt Disney World's special authority on Monday, nearly 11 months after the company spoke out publicly against his controversial education agenda. Under the new law, board members cannot be employees, owners, or operators at Disney World. DeSantis said several times during the press conference that Disney World now had to follow the same rules as other Florida theme parks.

☆ SeaWorld Shuffles Executives, Names Interim Financial Chief
▼ + stars: | 2023-01-27 | by ( Will Feuer | ) www.wsj.com time to read: +1 min

SeaWorld Entertainment Inc. is shuffling its executives, moving Chief Financial Officer Chelle Adams, who took that job less than a year ago, to the newly created role of chief transformation officer. Ms. Adams will work to streamline organizational processes and oversee business development and growth activities, the company said. SeaWorld named Jim Forrester, who joined the company in 2019, to the role of interim finance chief and treasurer. Mr. Miller will oversee all Florida parks, alongside another co-chief parks operations officer, Byron Surrett, who will oversee all non-Florida parks. The company also named three new park presidents, and promoted Shekufeh Boyle to the role of chief accounting officer.

☆ For 60 years, the US Navy has been training dolphins and sea lions to keep rivals away from its most sensitive hardware
▼ + stars: | 2022-12-29 | by ( Gidget Fuentes | ) www.businessinsider.com time to read: +16 min

The US Navy has been training dolphins and sea lions to detect undersea threats since the 1960s. A US Navy trainer with a Mark 5 Marine Mammal sea lion in Key West in October 1990. The program worked with sharks, rays, and sea turtles but settled on dolphins and sea lions. US NavyThe Navy Marine Mammal Program's budget for 2023 provides $40 million for "food, medicine, veterinary care, husbandry, and facilities," Wilson said. A US Navy sea lion jumps into a riverine command boat during a mine-countermeasures exercise in Bahrain in November 2014.

☆ People with disabilities rate the top 10 cities that are easiest for them to travel around
▼ + stars: | 2022-11-10 | by ( Goh Chiew Tong | ) www.cnbc.com time to read: +6 min

The Valuable 500, a business coalition, released its list of the top 10 most accessible cities in the world. Over 95% of pedestrian walkways, taxi stands and bus shelters in Singapore are also accessible to wheelchair users, seniors or other individuals with disabilities. United StatesLas Vegas The "sheer number" of accessible hotel rooms in Las Vegas makes the city a stand-out choice for travel. Orlando Orlando is well known for being home to iconic theme parks such as Walt Disney World, SeaWorld and Universal Studios Florida. Amsterdam is one of the most bike-friendly cities in the world, with an extensive network of bike lanes.

☆ Stocks making the biggest moves midday: Disney, Meta Platforms, Lucid Motors, Roblox and more
▼ + stars: | 2022-11-09 | by ( Tanaya Macheel | ) www.cnbc.com time to read: +4 min

Meta Platforms — The stock jumped 8% after the company announced it will lay off more than 11,000 employees. News Corp — Shares slid 5% after the company reported a slight miss on its fiscal first quarter earnings, compared to FactSet estimates. AMC Entertainment — Shares dropped 9.8% after the company reported another quarterly loss as operational costs increased. SeaWorld Entertainment — The stock fell 8% after the company reported weaker-than-expected earnings or $1.99 per share on revenue or $565 million. Roblox — Shares tumbled more than 15% after the company reported a bigger loss than expected for the third quarter.

☆ Stocks week ahead: How the midterms could affect Wall Street
▼ + stars: | 2022-11-06 | by ( Paul R. La Monica | ) edition.cnn.com time to read: +8 min

Investors are more than happy when politicians bicker but don’t actually enact any new laws that may hurt corporate profits. If Republicans get the House, tax hikes are dead in the water,” said David Wagner, a portfolio manager with Aptus Capital Advisors. That’s because there are some areas of consensus for the White House and Republican lawmakers. Congress and the White House may spend more time bickering than trying to pass legislation. Ameriprise chief market strategist Anthony Saglimbene said on a conference call last week about the midterms that stocks have historically gone up after elections, no matter which party controls the White House and Congress.

☆ Midterms could be a positive catalyst for stocks as investors await next big inflation report
▼ + stars: | 2022-11-04 | by ( Patti Domm | In | ) www.cnbc.com time to read: +6 min

There are two big hurdles for markets in the week ahead - another potentially hot consumer inflation report and the Congressional midterm elections. "100% of the time, the S & P 500 has been up 12 months after the midterm election." Midterm rallies Stocks tend to gain in the final months of midterm election years, and strategists have been expecting the market to move higher. CFRA Chief Market Strategist Sam Stovall said even when interest rates are climbing, the midterm election has been a catalyst for stocks. He examined market performance in other midterm election years when interest rates were going up.

☆ Breaching whale shocks father and son fishing off Jersey Shore as it nearly comes aboard boat
▼ + stars: | 2022-10-15 | by ( Https | Media-Cldnry.S-Nbcnews.Com Image Upload Newscms Dennis-Romero-Circle-Byline-Template.Jpg | Dennis Romero | ) www.nbcnews.com time to read: +3 min

A father and son were fishing for striped bass and tuna off the Jersey Shore near Belmar on Wednesday when they hooked a prize memory: A massive humpback whale breached the sea inches from them. The water boiled with activity, with dozens of small fish jumping from the sea, before the humpback's head emerged next to the duo's small boat. Humpback whale breaches the water near fishermen in NJ. The whale's head landed with a splash, and soon it was deep in the sea. Eric Otjen, SeaWorld San Diego vice president of zoological operations said apparent humpback whales feeding on small fish near shore is nothing unusual, but breaching near a boat is.

☆ Factbox: U.S. companies brace for Hurricane Ian
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +5 min

Sept 28 (Reuters) - Hurricane Ian is set to make landfall in Florida on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. NextEra Energy Inc's (NEE.N) Florida Power & Light Co, the largest utility in the state, deployed nearly 16,000 workers from 27 states to restore power. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Factbox: U.S. companies gird themselves as Hurricane Ian makes landfall
▼ + stars: | 2022-09-28 | by ( ) www.reuters.com time to read: +6 min

Sept 28 (Reuters) - Hurricane Ian makes landfall in Florida with Category 4 fury on Wednesday, pushing residents to empty grocery shelves, board up windows and rush to evacuation shelters. Since then, it has been working to redeploy offshore personnel after determining Hurricane Ian no longer posed a significant threat to its assets. A spokesperson said the company was monitoring the hurricane and making adjustments to operations to keep warehouse staff and drivers safe. Costco Wholesale Corp closed nine stores located in Florida due to an impact of Hurricane Ian. CRUISE OPERATORSWalt Disney Co's Disney Cruise Line on Tuesday canceled its Disney Wish ship that was to set sail from Florida on Friday.

☆ Disney to shutter Florida theme parks as Hurricane Ian draws near
▼ + stars: | 2022-09-27 | by ( ) www.reuters.com time to read: +1 min

Sept 27 (Reuters) - Walt Disney Co (DIS.N) will close its theme and water parks on Wednesday and Thursday as Hurricane Ian nears the coast of Florida, the company said on Tuesday. read moreThe attractions that will be closed on Wednesday and Thursday include Animal Kingdom, Hollywood Studios, Epcot and Magic Kingdom, a spokesperson said. Register now for FREE unlimited access to Reuters.com RegisterWalt Disney had earlier said that some of its hotels in the region would be closed through Friday. Comcast Corp's (CMCSA.O) Universal Resort and SeaWorld Entertainment Inc (SEAS.N) also announced the closure of their theme parks on Wednesday and Thursday. Register now for FREE unlimited access to Reuters.com RegisterReporting by Akash Sriram in Bengaluru and Helen Coster in New York; Editing by Sriraj KalluvilaOur Standards: The Thomson Reuters Trust Principles.

☆ Shocking footage of orca whales chasing a speedboat will leave you awestruck
▼ + stars: | 2014-03-18 | by ( Caroline Moss | ) www.businessinsider.com time to read: +1 min

Recently, orcas have been observed ramming and sinking boats off the coasts of Spain and Morocco. The whales began chasing the boat, and what appear to be playing in its wake. The killer whales, which can swim up to 30 mph, were able to keep up (obviously). Here's the video:While racing with orcas may look fun, this video is exactly what you are NOT supposed to do if you encounter an orca in the water. If you encounter an orca, you should first turn off your boat engine.

Persons: — Organizations: Service Locations: Spain, Morocco, SeaWorld

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