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SeaWorld Drops After 13% Drop in First Quarter Attendance and Google Goes Through a 2-for-1 Split

Fri, Apr 04, 2014 01:27 CET

SeaWorld Entertainment, Inc. (NYSE: SEAS) shares dropped on Thursday after it was revealed that shareholder Blackstone Group LP (BX) continued to reduce its stake in the company. The company also posted a 13 percent drop in attendance at its theme parks. The company said first-quarter attendance fell to 3.05 million guests from 3.5 million a year earlier, according to a regulatory filing yesterday. The company also agreed to buy 1.75 million of its shares from Blackstone. SeaWorld Entertainment, Inc. operates as

General Motors Recalls another 1.3 Million Vehicles and Google to Finally Go Through a 2-for-1 Stock Split

Tue, Apr 01, 2014 02:50 CET

General Motors Company (NYSE: GM) announced even more vehicle recalls on Monday and more than doubled its estimate of the costs of recalling faulty vehicles this quarter. The company’s CEO Mary Barra, prepared for questioning from sceptical US legislators. GM said its expected charge this quarter for recalls had risen from the $300m it announced in mid-March to $750m. This latest recall calls for 1.3 million older vehicles, as recent as 2009-2010. These cars according to GM could experience “a sudden loss of electric power steering assist.” General Motors has already recalled 2.2 million

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SeaWorld Drops After 13% Drop in First Quarter Attendance and Google Goes Through a 2-for-1 Split

General Motors Recalls another 1.3 Million Vehicles and Google to Finally Go Through a 2-for-1 Stock Split