Wells Fargo Upgrades SeaWorld Entertainment (SEAS) to Outperform
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March 18, 2016 6:13 AM EDT
Janney affirms SeaWorld Entertainment (NYSE: SEAS) with a Neutral rating and $20 fair value estimate after the company announced on Thursday that it will end all orca breeding.
Analyst Tyler Batory commented, The company also announced a partnership with... More
March 17, 2016 2:47 PM EDT
FBR & Co. affirms SeaWorld (NYSE: SEAS) with an Outperform rating nad $27 price target after the company announced that it will end all orca breeding.
Analyst Barton... More
March 17, 2016 6:41 AM EDT
By Marty Graham
SAN DIEGO (Reuters) - SeaWorld said on Thursday it will stop breeding killer whales in captivity, bowing to years of pressure from animal rights activists, but the orcas already at its three parks will continue performing as they live out their remaining years.
SeaWorld Entertainment Inc's (NYSE: SEAS) decision came after it pledged in November to replace its signature "Shamu" killer whale shows in San Diego with modified presentations of the animals that focused on conservation.
"We dont need all these theatrical 'tricks,' SeaWorld President... More
March 17, 2016 6:30 AM EDT
SeaWorld Entertainment, Inc. (NYSE: SEAS) announced that the killer whales or orcas currently in the company's care will be the last generation of orcas at SeaWorld. The company will end all orca breeding as of today.
SeaWorld also will introduce new, inspiring, natural orca encounters, rather than theatrical shows, as part of its ongoing commitment to education, marine science research, and rescue of marine animals. These programs will focus on orca enrichment, exercise, and overall health. This change will start in its San Diego park next year, followed by San Antonio and then... More
