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Stock Market & Financial Investment News

News Breaks
February 26, 2013
09:57 EDTSIXSix Flags says overlooked and undervalued, targets $6 in EPS by 2015
Six Flags, in investor presentation slides today, said it is historically overlooked, misunderstood and undervalued. The company said its theme Park segment is well-positioned in the leisure industry and that it offers "compelling value relative to other forms of entertainment." Six Flags added that domestic theme park development is unlikely as key markets are already served and the significant investment needed to construct parks. The company said it currently generates cash EPS yield of 7% and could generate 9% by 2015. Six Flag sees its cash EPS growing from $4.33 in 2012 to $6.00 by 2015. Shares of the company are up 38c to $66.91 in early trading.
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April 10, 2014
17:02 EDTSIXSix Flags to open theme park in Dubai
Six Flags and Meraas Leisure and Entertainment announced a new strategic partnership to bring a Six Flags-branded theme park to Dubai. The project is planned to open in late 2017 and will be located within the multi-themed park project in Jebel Ali launched by Meraas.

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