Chip Somodevilla/Getty Images WASHINGTON -- U.S. consumer prices rose marginally in February, but the lack of inflation pressures will probably not dissuade the Federal Reserve from dialing back its monetary stimulus. The Labor Department said Tuesday its consumer price index nudged up 0.1 percent as a decline in gasoline prices offset an increase in the cost of food. The CPI had ticked up 0.1 percent in January and last month's gain was in line with economists' expectations. In the 12 months through February, consumer prices increased 1.1 percent, slowing from a 1.6 percent rise in January. The February increase was the smallest rise since October last year. Stripping out the volatile energy and food components, the so-called core CPI also rose 0.1 percent for a third straight month. In the 12 months through February, core CPI rose 1.6 percent after rising by the same margin in January. Consumer inflation is running below the Fed's 2 percent target, which suggests interest rates will probably remain near record low levels even as the U.S. central bank cuts back on the amount of money it is injecting into the economy each month. With job growth accelerating and industrial production and consumer spending strengthening, economists expect the Fed to announce another $10 billion reduction to its monthly bond purchases when policymakers end a two-day meeting on Wednesday. Last month, food prices rose 0.4 percent, the largest increase since September 2011. That accounted for more than half of the increase in the CPI last month. There were big increases in the prices of meat, fish, poultry, eggs, vegetables and fruits. Gasoline prices declined for a second month, helping to offset sharp gains in the price of heating oil and natural gas. Within the core CPI, a 0.2 percent rise in the cost of shelter was the major contributor for the rise in the index. There were also increases in medical care, recreation and new vehicle prices. Prices for tobacco, used cars and trucks, apparel and household furnishings and operations fell.
Hot Stocks To Buy Right Now: Manchester United PLC (MANU)
Manchester United plc, formerly Manchester United Ltd., incorporated on April 30, 2012, is engaged in the operations of professional sports team. It provides manchester united a platform to generate revenue from multiple sources, including sponsorship, merchandising, product licensing, new media & mobile, broadcasting and matchday. The Company had three principal sectors: Commercial, Broadcasting and Matchday.
Commercial
Within the Commercial revenue sector, the Company had three revenue streams which include sponsorship revenue; retail, merchandising, apparel and product licensing revenue; and new media and mobile revenue. Retail, Merchandising, Apparel and Product Licensing, it markets and sells sports apparel, training and leisure wear and other clothing featuring the Manchester United brand on a global basis. In addition, it also sells other licensed products, from coffee mugs to bed spreads, featuring the Manchester United brand and trademarks. These products are distributed through Manchester United branded retail centers and e-commerce platforms, as well as its partners' wholesale distribution channels.
The Company retails, merchandizes, apparel & product licensing business is managed by Nike, who pays it a minimum guaranteed amount and a share of the business' cumulative profits. It has formed mobile telecom partnerships in 44 countries. In addition, it markets content directly to its followers through its Website, www.manutd.com, and associated mobile properties.
Broadcasting
The Company generates revenue from distribution and broadcasting of live football content. Broadcasting revenue is derived from the global television rights relating to the Premier League, Champions League and other competitions. In addition, its global television channel, MUTV, delivers Manchester United programming to 54 countries around the world. Broadcasting includes all revenue covering domestic and international television and radio rights. Broadc! asting revenue including, in some cases, prize money received by it in respect of the various competitions.
Matchday
The Company generates revenue during the matchday from the Old Trafford, a sports venue.
Other Matchday revenue includes matchday catering, event parking, program sales as well as membership and travel, Manchester United Museum revenue and a share of the ticket revenue from away matches in domestic cup competitions. Matchday revenue also includes revenue from other events hosted at Old Trafford, including other sporting events (including football matches as part of the London 2012 Olympic Games and the annual Rugby Super League Grand Final), music concerts and entertainment events.
Advisors' Opinion:- [By Eric Volkman]
Manchester United (NYSE: MANU ) footballers will soon be wearing Aon's (NYSE: AON ) name on their jerseys, after the two companies completed a long-term expansion to their sponsorship deal. Starting from July 1, the club's training facility is to be renamed the Aon Training Complex, and its distinctive jerseys will carry the Aon logo.
- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense and which ones investors should act on. Today, our headlines feature upgrades for mini-industrialist Stratasys (NASDAQ: SSYS ) �and for remote computer access specialist LogMeIn (NASDAQ: LOGM ) but a downgrade for publicly traded soccer club Manchester United (NYSE: MANU ) . Let's take them one at a time, beginning with...
- [By STOCKPICKR]
Manchester United (MANU), together with its subsidiaries, is engaged in the ownership and operation of Manchester United Football Club, a professional football club in the United Kingdom. This stock closed up 4.1% to $17.50 in Monday's trading session.
Monday's Volume: 973,000
Three-Month Average Volume: 48,028
Volume % Change: 1099%From a technical perspective, MANU surged sharply higher here right off its 50-day moving average of $16.87 with monster upside volume. This spike higher on Monday pushed shares of MANU into breakout territory, since the stock took out some near-term overhead resistance levels at $17 to $17.34. Market players should now look for a continuation move higher in the short-term if MANU manages to take out Monday's intraday high of $17.50 with strong upside volume.
Traders should now look for long-biased trades in MANU as long as it's trending above Monday's low of $16.80 and then once it sustains a move or close above $17.50 with volume that hits near or above 48,028 shares. If that move starts soon, then MANU will set up to re-test or possibly take out its next major overhead resistance levels at $18.48 to its 52-week high of $19.
Top Recreation Companies To Own In Right Now: Performance Sports Group Ltd (PSG)
Performance Sports Group Ltd, formerly Bauer Performance Sports Ltd., designs, develops, manufactures and sells performance sports equipment and accessories for ice hockey, roller hockey, lacrosse, baseball and softball, as well as related apparel, including soccer apparel. Its products are marketed under the BAUER, MISSION, MAVERIK, CASCADE, COMBAT and INARIA brand names. The ice hockey products include skates, skate blades, protective gear, sticks, team apparel and accessories. The roller hockey products include skates, protective gear and accessories. Its products are available in over 45 countries through a network of more than 3,700 distributors. The Company has associations with many of the hockey, lacrosse, baseball and softball organizations, including the NHL, CHL, Hockey Canada, USA Hockey, IIHF, NCAA, Ivy League, Big East Conference, US Lacrosse, International Lacrosse Federation, USSSA, ASA, NPF, NSA Canada, Softball USA, Softball Canada, USA Baseball, ISA and ISF. Advisors' Opinion:- [By Peter Graham]
The Q3 2014 earnings report for small cap golf stock Callaway Golf Co (NYSE: ELY), a potential peer of sporting goods or sporting equipment stocks like Toronto listed�Performance Sports Group Ltd (NYSE: PSG) and Johnson Outdoors Inc (NASDAQ: JOUT), is scheduled for after the market closes on Thursday (October 23rd). Aside from the Callaway Golf earnings report, it should be said that Performance Sports Group Ltd reported Q1 2015 on October 9th (revenues were up 28% to $197.1 million) while the estimated release date for the Q4 2014 Johnson Outdoors Inc earnings report is�October 31st. However, Callaway Golf is the last publicly traded�pure play golf equipment stock�giving investors direct exposure to the game���especially since Dicks Sporting Goods Inc (NYSE: DKS)�recently took a $20.4 million pretax golf restructuring charge and plans to focus more attention on other sports.
Top Recreation Companies To Own In Right Now: Vitamin Blue Inc (VTMB)
Vitamin Blue, Inc. (Vitamin Blue), incorporated on May 25, 1999, is engaged in designing, manufacturing and distributing surf wear board shorts, t-shirts and fleece jackets) and surfing accessories (surf boards bags, roof rack pad and surf backpacks). The Company focuses on four types of retail outlets: surfboard manufacturers, surf shops, specialty stores and department stores. Vitamin Blue distributes the majority of its products through surfboard manufacturers and surf shops. The primary focus of Vitamin Blue is surf wear and surfing accessories. The Company�� primary distribution focuses on retail outlets in North America (the United States, Canada and Mexico). Vitamin Blue manufactures most of its surfing accessories and all of its surfwear in-house.
Surfboard Manufacturers
The Company�� surfboard manufactures retail outlet generally consists of single shops, where surfboards are designed, manufactured and marketed. It is the source for surfing accessories. This distribution channel focuses on the core surf market. The Company has relationships with manufacturers, such as Hap Jacobs, Bing Surfboards, Bark Boards and Ron House Shapes, Dewey Weber, Stewart Surfboards. Vitamin Blue surfing accessories are sold through this channel.
Surf Shops
The Company�� surf shops are generally single to multiple shops located in or near beach cities, focused on the central surf market. It tends to be privately owned. Surf shops also focus on the core surf market and provide an authentic retail source for complete lines of surfwear and surfing accessory products. The Company has relationships with manufacturers, such as Freeline Design (Santa Cruz, California), The Frog House (Newport Beach, California), Infinity Surfboards (Dana Point, California), Legends Surf (Carlsbad, California), Hi-Tech Surf Sports (Maui, Hawaii), Second Wind Sail and Surf (Maui, Hawaii), Hawaiian Island Surf and Sport (Maui, Hawaii) Kennedy Surfboards (Woodland Hills, California),! Malibu Surf Shack, (Malibu, California), E.T. Surf (Hermosa Beach, California), Spyder (Hermosa Beach, California), Costa Azul (Laguna Beach, California), Icons of Surf (San Clemente, California), Encinitas Surfboards (Encinitas, California), Nor Easter Surf Shop (Scituate, Massachusetts), Air & Speed Surf Shop (Montauk, New York), Xtreme Surf & Sport (East Northport, New York) and Marsh�� Surf Shop (Atlantic Beach, North Carolina). The complete line of Vitamin Blue products (surfwear and surfing accessories) is distributed through this channel.
Specialty Stores
The Company�� specialty stores type of retail outlet generally consists of single, regional and nationwide stores, and tends to be located in or near beach or resort communities, shopping centers, and shopping malls. Specialty stores distributing surf products primarily include tourist/vacation shops, sporting good stores (including Sports Chalet, Inc. - SPCHB), and regional and national retail stores (including Pacific Sunwear of California-PSUN and Zumiez, Inc.-ZUMZ). Vitamin Blue intends to use this type of retail outlet to distribute its surfwear.
Department Stores
The Company�� department stores type of retail outlet generally has stores located nationwide. It is located in shopping malls, such as Bloomingdale��, Macy��, Saks Fifth Avenue and Nordstrom. Vitamin Blue intends to use this type of retail outlet to distribute its surfwear.
Vitamin Blue�� surfing accessories include surfboard travel bags, which offer surfboard protection and can be used daily or for long distance surf trips; surf gear travel bags, which are duffle bags used to carry surfing essentials on surf trips; surf backpacks, which are specially, designed wet bag backpacks for wetsuit storage, and roof-rack pads, which is used on existing car roof racks for surfboard protection and security on daily surf outings.
The Company competes with Quicksilver, Inc., Billabong Intl, Hurley and! Volcom I! nc.
Advisors' Opinion:- [By Peter Graham]
Small cap stocks Green Endeavors Inc (OTCMKTS: GRNE), Global Links Corporation (OTCMKTS: GLCO) and Vitamin Blue Inc (OTCBB: VTMB) were all making noticeable moves at the end of last week. On Friday, Green Endeavors Inc rose 8.11% and Global Links Corporation rose 13.96% while Vitamin Blue Inc fell 10%. Of course, small cap OTC stocks making large single digit or double digit moves in either direction aren�� all that unusual. Moreover, all of these small caps have been the subject of paid promotions. With that in mind, here is a closer look at all three to help you decide on an investing or trading strategy:
- [By Peter Graham]
Small cap marijuana stocks Smart Ventures Inc (OTCMKTS: SMVR) and Vitamin Blue Inc (OTCMKTS: VTMB) jumped 40.28% and 38.6%, respectively, while hemp stock Astika Holdings Inc (OTCBB: ASKH) fell 13.75% on Friday. Moreover, only one of these small cap stocks seems to have been the subject of a few paid promotions or investor relations types of activities. So will all three of these marijuana or hemp stocks keep producing highs or lows for investors and traders alike? Here is a quick reality check:
Top Recreation Companies To Own In Right Now: SeaWorld Entertainment Inc (SEAS)
SeaWorld Entertainment, Inc., incorporated on October 2, 2009, is a theme park and entertainment company. The Company is engaged in delivering personal, interactive and educational experiences that blend imagination with nature and enable its customers to celebrate, connect with and care for the natural world. The Company own or license a portfolio of globally recognized brands including SeaWorld, Shamu and Busch Gardens. The Company has built a diversified portfolio of 11 destination and regional theme parks that are grouped in key markets across the United States. Its theme parks feature a diverse array of rides, shows and other attractions with broad demographic appeal which deliver memorable experiences and a strong value proposition for its guests. In addition to its theme parks, it has recently begun to leverage its brands into media, entertainment and consumer products.
The Company generates revenue primarily from selling admission to its theme parks and from purchases of food, merchandise and other spending. During the year ended December 31, 2012, it hosted more than 24 million guests in its theme parks, including approximately 3.5 million international guests from over 55 countries and six continents. In 2012, the Company opened new attractions in seven of its theme parks. In November 2012, the Company acquired Knott�� Soak City, a standalone Southern California water park, from an affiliate of Cedar Fair L.P. The Company�� products and services include Admission Tickets, Theme Park Operations, Culinary Offerings , Merchandise , Licensing and Consumer Products , Group Events and Conventions and Corporate Sponsorships and Strategic Alliances.
Admission Tickets, which generate most of its revenue from selling admission to its theme parks. The Company also offers a Fun Card at select theme parks that allows additional visits throughout that calendar year. In addition, visitors can purchase vacation packages with preferred hotels, behind-the-scenes tours, specialt! y dining packages and front of the line access to enhance their experience. Theme Park Operations delivers a level of service, safety and security at its theme parks. It comprised of rides, shows and attractions operations, safety, security, environmental, water park and guest arrival services (including parking, tolls, admissions, guest relations, entry and exit), the theme park operations team manages the planning and execution of the overall theme park experience on a daily basis.
Culinary Offerings delivers a variety of high quality, creative and memorable culinary experiences to its guests. Culinary operations are strategically organized into five key guest-oriented disciplines designed to drive in-park per capita spending: restaurants, catering, carts and kiosks, specialty snacks and vending. The Company�� culinary team focuses on providing creative menu offerings that appeal to our diverse guest base. Merchandise offers guests the opportunity to capture memories through its products and services, including through traditional retail shops, game venues and customized photos and videos. It focuses on effort to leverage the emotional connection of the theme park experiences, capitalize on trends and optimize brand alignment with its merchandise product offerings.
Licensing and Consumer Products capitalize on its brands, it has begun to leverage its intellectual property and content through media and consumer strategic licensing arrangements. It extended the reach of its brands through outbound media licensing in areas such as films, television programs and digital e-books, as well as its first-ever multi-platform mobile app game, TurtleTrek, which launched on iTunes in November 2012. Group Events and Conventions host a variety of different group events, meetings and conventions at its theme parks both during the day and at night. Its venues offer indoor and outdoor space for meetings, special events, entertainment shows, picnics, teambuilding events, group tours and spec! ial group! ticket packages. Park buy-outs allow groups to enjoy exclusive itineraries, including meetings and shows, up-close encounters with animals and behind the scenes tours. Corporate Sponsorships and Strategic Alliances seek to secure long-term corporate sponsorships and strategic alliances with companies and brands that share its core values, deliver brand marketing value and influence and drive mutual business gains. Its current corporate sponsors include, among others, Southwest Airlines, which has been a sponsor for over 20 years, and The Coca-Cola Company.
SeaWorld.
SeaWorld is recognized as the marine-life theme park brand in the world. Its SeaWorld theme parks, located in Orlando, San Antonio and San Diego, each rank among the most highly attended theme parks in the industry and offer up-close interactive experiences and a variety of live performances, including shows featuring Shamu in specially designed amphitheaters. It offers its guests numerous animal encounters, including the opportunity to work with trainers and feed marine animals, as well as themed thrill rides and theatrical shows that creatively incorporate its animal collection.
Busch Gardens
Its Busch Gardens theme parks are family-oriented destinations designed to immerse guests in foreign geographic settings. They are renowned for their beauty and landscaping and gardens and allow its guests to discover the natural side of fun by offering a family experience featuring a range of attractions and rollercoasters in a richly-themed environment. Busch Gardens Tampa presents its collection of animals from Africa, Asia and Australia.
Aquatica
Its Aquatica branded water parks are premium, family-oriented destinations that are based in a South Seas-themed tropical setting. Aquatica water parks build on the aquatic theme of its SeaWorld brand and feature high-energy rides, water attractions, white-sand beaches ande entertaining presentation of marine and terrestrial an! imals. Th! e Company positions its Aquatica water parks as companion water parks to its SeaWorld theme parks in Orlando and San Diego and it has an Aquatica water park situated within its SeaWorld San Antonio theme park.
Discovery Cove
Discovery Cove is a reservations only, all-inclusive, marine-life day resort adjacent to SeaWorld Orlando. Discovery Cove offers guests personal, signature experiences, including the opportunity to swim and interact with dolphins, take an underwater walking reef tour and enjoy pristine white-sand beaches and landscaped private cabanas. Discovery Cove presently limits its attendance to approximately 1,300 guests per day and features premium culinary offerings in order to provide guests with a more relaxed, intimate and high-end luxury resort experience.
Sesame Place
Sesame Place is the only United States theme park based entirely on the television show Sesame Street. It is located between Philadelphia and New York City, Sesame Place is a destination where parents and children can share in the spirit of imagination and experience Sesame Street together through whirling rides, water slides, colorful shows and furry friends. In addition, it has introduced Sesame Street brands in its other theme parks through Sesame Street-themed rides, shows, children�� play areas and merchandise.
The Company competes with The Walt Disney Company, Universal Studios, Six Flags, Cedar Fair, Merlin Entertainments and Hershey Entertainment and Resorts Company.
Advisors' Opinion:- [By Rich Smith]
This series, brought to you by Yahoo! Finance, looks at which upgrades and downgrades make sense, and which ones investors should act on. Today, our headlines feature a pair of new buy ratings for resorts operators Vail Resorts (NYSE: MTN ) and SeaWorld Entertainment (NYSE: SEAS ) . But the news isn't all good, so before we address those two, let's take a look at why one analyst thinks that...
- [By Steve Symington]
In addition, as fellow fool Rick Munarriz pointed out, Disney is taking a little less heat this year thanks to the fact that both�Comcast's (NASDAQ: CMCSK ) Universal Orlando and�SeaWorld� (NYSE: SEAS ) �only just finished raising prices for their own respective Florida parks.
- [By WWW.DAILYFINANCE.COM]
www.ea.com There were plenty of winners and losers this week, including a merger of two fast-growing real estate website operators and a theme park operator taking another hit. Here's a rundown of the week's smartest moves and biggest blunders. Tesla Motors (TSLA) -- Winner The country's coolest automaker -- and one of the hottest stocks over the past two years -- continues to grow in popularity. The maker of luxury plug-in electric cars posted a better than expected adjusted profit in its latest quarter, with revenue nearly doubling. Tesla is on track to deliver 35,000 of its Model S sedans this year. It also announced on Thursday that it expects to produce 60,000 cars next year as the Model X crossover joins its lineup. Tesla's rich multiples aren't for the squeamish, but the company seems to be revolutionizing the automotive industry. One can only imagine how things will be when it starts rolling out its more reasonably priced Model III car in three years. SeaWorld (SEAS) -- Loser SeaWorld can't seem to catch a break, even when misfortune results in denial. SeaWorld and Southwest Airlines (LUV) are ending their marketing partnership after 26 years. The relationship had Southwest promoting the marine life theme park operator on some of its planes and SeaWorld offering Southwest-branded relaxation and charging stations. Anti-SeaWorld protestors had demonstrated at Southwest's headquarters earlier this year, and more than 32,000 people had signed an online petition at change.org urging the air carrier to end its association with SeaWorld. However, this already unfortunate story makes the cut this week because of SeaWorld's explanation on why the two companies will part ways when the latest contract is up at the end of the year. "With an increasing international visitor base, SeaWorld is looking to focus on new and growing markets in Latin America and Asia, among others," SeaWorld explains in a joint statement with Southwest, almost as if it's saying that
- [By Jayson Derrick]
Analysts at FBR Capital upgraded SeaWorld Entertainment (NYSE: SEAS) to Outperform from Market Perform with a price target raised to $26 from a previous $21. Shares gained 6.63 percent, closing at $20.27.
Top Recreation Companies To Own In Right Now: Drew Industries Inc (DW)
Drew Industries Incorporated, incorporated on March 20, 1984, is a supplier of components for recreational vehicle (RVs) and manufactured housing. The Company operates in two segments: the RV products segment (RV Segment), and the manufactured housing products segment (MH Segment). The Company�� operations are conducted through its wholly owned subsidiaries, Lippert Components, Inc. and its subsidiaries (Lippert) and Kinro, Inc. and its subsidiaries (Kinro), each of which has operations in both the RV Segment and the MH Segment. During the year ended December 31, 2012, the RV Segment accounted for 87% of net sales and the MH segment accounted for 13% of net sales. On February 21, 2012, the Company acquired the business and certain assets of the United States RV entry door operation of Euramax International, Inc. In February 2014, the Company's wholly-owned subsidiary, Lippert Components, Inc has acquired Innovative Design Solutions, Inc. (IDS).
RV Segment
The Company through its wholly owned subsidiaries manufactures and markets a variety of products used in the production of RVs, including steel chassis for towable RVs, axles and suspension solutions for towable RVs, slide-out mechanisms and solutions, thermoformed bath, kitchen and other products, manual, electric and hydraulic stabilizer and lifting systems, aluminum windows and screens, chassis components, furniture and mattresses, entry, baggage, patio and ramp doors, entry steps, awnings, and other accessories. The Company also supplies certain of these products to the RV aftermarket, and to adjacent industries, including manufacturers of truck caps, buses and trailers used to haul boats, livestock, equipment and other cargo. Operations of the Company's RV Segment consist primarily of fabricating, welding, painting and assembling components into finished products. The Company's RV Segment operations are conducted at 23 manufacturing and warehouse facilities throughout the United States, located in proximity to the cus! tomers they serve. Of these facilities, six also conduct operations in the Company's MH Segment. It markets extruded aluminum parts to manufacturers in other industries. The Company's RV Segment products are sold primarily to manufacturers of RVs such as Thor Industries Forest River (a subsidiary of Berkshire Hathaway, and other original equipment manufacturers (OEMs), and to distributors of aftermarket products.
MH Segment
The Company through its wholly owned subsidiaries manufactures and markets a variety of products used in the production of manufactured homes and to modular housing and mobile office units, including vinyl and aluminum windows and screens, steel chassis, steel chassis parts, axles, thermoformed bath and kitchen products, steel and fiberglass entry doors, and aluminum and vinyl patio doors. The Company also supplies windows, doors, and thermoformed bath products as replacement parts to the manufactured housing aftermarket, and to adjacent industries. MH Segment customers manufacture both manufactured homes and modular homes, and certain of the products manufactured by the Company are suitable for both types of homes. Operations of the Company's MH Segment consist primarily of fabricating, welding, thermoforming, painting and assembling components into finished products. The Company's MH Segment operations are conducted at 13 manufacturing and warehouse facilities throughout the United States, located in proximity to the customers they serve. Of these facilities, six also conduct operations in the Company's RV Segment. The Company's manufactured housing products are sold primarily to producers of manufactured homes such as Clayton Homes, Cavco Industries, Inc., Champion Home Builders, Inc., Skyline Corporation, and other OEMs, and to distributors of aftermarket products.
The Company competes with Kober Corporation and Dexter Axle Company.
Advisors' Opinion:- [By Grace L. Williams]
Shares of Winnebago have gained 4.4% to $28.47 today at 3pm. Thor Industries (THO), which also makes recreational vehicles, has ticked up 0.1% to $57.56, Drew Industries (DW) has risen 0.3% to $48.74, Arctic Cat (ACAT) has advanced 1% to $59.87 and Polaris Industries (PII) has fallen 0.3% to $132.08.
- [By John Udovich]
The CEO of recreation vehicle (RV) stock Winnebago Industries, Inc (NYSE: WGO) recently appeared on CNBC to say that the economy is improving for RV makers, meaning its time to take a closer look at the stock plus take a look at the performance of other small cap RV stocks like Drew Industries, Inc (NYSE: DW), Skyline Corporation (NYSEMKT: SKY) and Thor Industries, Inc (NYSE: THO).
Top Recreation Companies To Own In Right Now: Bowl America Inc (BWL.A)
Bowl America Incorporated, incorporated in July 22, 1958, is engaged in the entertainment business. The Company operates in one segment. Its principal source of revenue consists of fees charged for the use of bowling lanes and other facilities and from the sale of food and beverages for consumption on the premises. Merchandise sales, including food and beverages, were approximately 30% of operating revenues. The balance of operating revenues (approximately 70%) represents fees for bowling and related services. During the fiscal year ended July, 1 2012 (fiscal 2012), the Company and its wholly owned subsidiaries operated 19 bowling centers. These 19 bowling centers contain a total of 756 lanes. As of September 1, 2012 the Company and its subsidiaries operated 10 bowling centers in the greater metropolitan area of Washington, D.C., one bowling center in the metropolitan area of Baltimore, Maryland, one bowling center in Orlando, Florida, three bowling centers in the metropolitan area of Jacksonville, Florida, and four bowling centers in the metropolitan area of Richmond, Virginia.
These establishments are air-conditioned with facilities for service of food and beverages, game rooms, rental lockers, and meeting room facilities. All centers provide shoes for rental, and bowling balls are provided free. In addition, each center retails bowling accessories. Most locations are equipped for glow-in-the-dark bowling, popular for parties and non-league bowling. The bowling equipment essential for the Company's operation is readily available. Two of the Company's bowling centers are located in leased premises, and the remaining seventeen centers are owned by the Company.
The Company competes with Brunswick Corporation and AMF Bowling Worldwide, Inc.
Advisors' Opinion:- [By Fredrik Arnold]
The balance of the top ten included one technology firm, AT&T Inc. (T) in fourth place; one consumer goods, Altria Group Inc. (MO), placed fifth; Bowl America Class A (BWL.A) in seventh place was the lone service dog. Two utilities, Northwest Natural Gas (NWN), and Consolidated Edison (ED), in ninth and tenth places completed the representation of market sectors in the champions index.
Top Recreation Companies To Own In Right Now: Mountain China Resorts Holding Ltd (MCG)
Mountain China Resorts (Holding) Limited (MCR) is a Canada-based investment holding company. The Company is a Mountain resort developer in the People�� Republic of China. The Company�� subsidiaries engaged in the development and operation of mountain resorts and provision of hotel services in the People's Republic of China. The Company holds 100% interest in Mountain China Resorts Investment Limited, which in turn holds 100% interest in Mountain China Resorts Limited. The Company owns and operates the ski resort in the People�� Republic of China, Sun Mountain Yabuli Resort in Heilongjiang Province. The Sun Mountain Yabuli Resort also has two luxury five star hotels, restaurants, spa, retail, and conference facilities. It holds 140 million square meters of land for commercial development purpose around the Sun Mountain Yabuli Resort. As of December 31, 2011, the Company�� resort real estate development project was at the Sun Mountain Yabuli Resort. Advisors' Opinion:- [By ICRAOnline]
Apart from the Data Center Group, Intel expects the Axxia deal to boost the performance of the other two segments ��Internet of Things Group (IoTG) and Mobile and Communications Group (MCG).
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