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Stock Market & Financial Investment News

News Breaks
March 7, 2014
11:14 EDTSEASCalifornia lawmaker to propose ban on orca captivity, TakePart says
According to a report by TakePart, California state assemblyman Richard Bloom is set to propose the Orca Welfare and Safety Act, making it illegal to hold orca in captivity for performance or entertainment purposes. Shares of SeaWorld are down about 6% in late morning trade following circulation of the report, which was posted online yesterday. Reference Link
News For SEAS From The Last 14 Days
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July 15, 2015
19:10 EDTSEASSeaWorld employee poses as PETA member, Bloomberg says
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19:09 EDTSEASSeaWorld says allegations against employee 'concerning'
SeaWorld Entertainment issued the following statement from CEO Joel Manby in response to recent news reports: "The allegations made yesterday against a SeaWorld employee are very concerning. These allegations, if true, are not consistent with the values of the SeaWorld organization and will not be tolerated. The SeaWorld board of directors and I have initiated an investigation into this matter which will be led by independent outside counsel, Ron Olson of Munger, Tolles & Olson, whose firm will have full access to our organization and people. In addition, we have placed the employee in question on paid administrative leave pending the findings of the investigation. We will take all appropriate actions based on the results of the investigation to ensure that the integrity and values of the SeaWorld organization are upheld."

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