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Morgan Stanley chief equity strategist Mike Wilson was blunt in his bearish assessment of consumer discretionary stocks in an interview with CNBC on Tuesday. He noted that while inflation is often a positive for markets given its impact on GDP and revenue growth, the current environment is le...
ClearBridge is a leading global asset manager committed to active management. Research-based stock selection guides our investment approach, with our strategies reflecting the highest-conviction ideas of our portfolio managers. The Strategy underperformed the benchmark as elevated lev...
The travel and leisure sector got a jolt early on Wednesday when Delta Air Lines (NYSE:DAL +5.4%) disclosed that its had the highest bookings ever over a five-week period. That has investors looking at a summer travel trade across multiple discretionary categories. Airline stocks that broke h...
Goldman Sachs equity strategists stressed the importance of pricing power for companies given a four-decade high in inflation and rising commodities prices. "Pricing power will become increasingly important in the face of continued inflation and cost pressures," David Kostin, chief U.S. equit...
Six Flags Entertainment Corporation (NYSE: SIX) today announced it will release first quarter financial results before the market opens on Monday, May 2, 2022. An investor conference call will follow beginning at 7:00 a.m. Central Time. The call can be accessed through the Six Flags Inv...
"Retail sales remain strong but are stabilizing as consumers resume spending on passion areas like travel, live entertainment, indoor dining and other in-person activities," MA senior advisor and former CEO and Chairman of Saks Steve Sadove commented. March spending indicates that services ar...
Attractive Business with High Returns on Invested Capital. Both Leverage and Target Debt remain too high. Expect High volatility to Persist. For further details see: Why You Should Avoid Six Flags
Reimagined Section of Theme Park to Debut Opening Weekend Six Flags Great America — the Thrill Capital of the Midwest— in partnership with Warner Bros. Themed Entertainment and DC, today announced the introduction of DC UNIVERSE , an exciting, newly themed ...
The airline sector ripped gains on Tuesday after a round of Q1 guidance updates indicated strong booking trends in March and confidence in second half profitability. Top gainers were Frontier Group (ULCC +10.7%), Delta Air Lines (DAL +8.7%), United Airlines (UAL +8.1%), American Airlines Grou...
U.S. consumer spending in February increased from January's pace, with retail spending (excluding auto) rising 8.7% Y/Y and 17% vs. the prepandemic level in 2019, according to the Mastercard SpendingPulse report. The numbers reflect the higher inflation rate and a wardrobe makeover as office ...
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2024-07-07 07:30:00 ET Shares of amusement park company Six Flags Entertainment (NYSE: SIX) jumped 30.2% in June, according to data from S&P Global Market Intelligence . However, as of July 1, Six Flags completed its merger with Cedar Fair Entertainment (NYSE: FUN) a...
Six Flags Entertainment Corporation (NYSE: SIX), the world’s largest regional theme park company and the largest operator of water parks in North America, is redefining virtual entertainment by launching its highly anticipated metaverse experience on Roblox, the global immersive platform f...
Cedar Fair, L.P. (NYSE: FUN) (“Cedar Fair”) and Six Flags Entertainment Corporation (NYSE: SIX) (“Six Flags”) today announced that the regulatory conditions for their previously announced merger of equals (the “Mergers”) have been satisfied, permitting th...