Edition:
United States

Leisure & Recreation

Page 1

Thomas Cook Looks To Close 50 Stores As Part Of Ongoing Review

Friday, 1 Dec 2017 06:12am EST

Dec 1 (Reuters) - Thomas Cook Group Plc ::THOMAS COOK- ANNOUNCES PROPOSAL TO CLOSE 50 STORES AS PART OF ITS ONGOING REVIEW OF ITS RETAIL NETWORK IN THE UK.THOMAS COOK - STORE CLOSURES, SHOULD PROPOSALS GO AHEAD, WOULD OCCUR BETWEEN NOW-MARCH 2018; ARE MIX OF THOMAS COOK, CO-OPERATIVE TRAVEL BRANDED STORES‍​.THOMAS COOK- STORES AFFECTED ARE EITHER IN CLOSE PROXIMITY TO OTHER STORES OR ARE LOCATED WHERE A DECLINE IN FOOTFALL HAS IMPACTED PROFITABILITY.

SeaWorld Entertainment reports Q3 earnings per share $0.64

Tuesday, 7 Nov 2017 06:45am EST

Nov 7 (Reuters) - SeaWorld Entertainment Inc :SeaWorld Entertainment, Inc. reports third quarter and nine months 2017 results.Q3 earnings per share $0.64.Q3 revenue $437.7 million versus I/B/E/S view $451.2 million.Q3 earnings per share view $0.81 -- Thomson Reuters I/B/E/S.SeaWorld Entertainment Inc - ‍Attendance in Q3 of 2017 declined by approximately 732,000 guests compared to prior year Q3​.SeaWorld Entertainment Inc - ‍Expects to achieve its targeted $40 million in net cost savings by end of 2018​.SeaWorld Entertainment Inc - ‍Has also identified an additional $25.0 million in cost savings opportunities​.SeaWorld Entertainment Inc - ‍Has narrowed its 2017 adjusted EBITDA guidance range to $280 million to $295 million​.SeaWorld Entertainment Inc - ‍Less than 15% of company's expected 2017 attendance remaining in November and December​.SeaWorld Entertainment- ‍Qtrly attendance adversely impacted by decline in U.S. domestic, international attendance, effects of hurricanes Irma & Harvey​.SeaWorld Entertainment Inc - ‍SeaWorld San Diego was further impacted by a decline in attendance from Southern California market in quarter​.SeaWorld Entertainment - ‍Expects to deploy majority of cost savings from restructuring into marketing and advertising initiatives in 2018.

Shanghai Film to sell 17.4 pct stake in film company

Wednesday, 1 Nov 2017 05:55am EDT

Nov 1(Reuters) - Shanghai Film Co Ltd <601595.SS>:Says it plans to sell 17.4 percent stake in a Chongqing-based film company via listing on equity exchange, for about 82.5 million yuan .Says it will cut stake in the Chongqing-based company to 12.6 percent after transaction.

Markets

  • Sectors
  • U.S.
  • Europe
  • Asia

Sector Summary