Market Currents

• Thursday, December 17, 2009

• 09:00 AM Premarket gainers: FUN +24%. APWR +7%. DPTR +5%. PIR +4%.
  Losers; YONG -10%. C -9%. HOV -8%. SQNM -7%. LYG -7%. BQI -6%. EZCH -6%. FRE -6%. PCS -5%. AIB -5%. BCS -5%. FNM -5%. HOG -5%. LDK -4%. AEM -4%. CNO -4%. AU -4%. FDX -4%. DB -4%. Comment!
• 08:37 AM Private-equity firm Apollo Management agrees to acquire theme-park operator Cedar Fair (FUN) for $635M, in a deal worth $2.4B including the refinancing of outstanding debt. Shareholders will receive $11.50/share in cash, a 27% premium to Wednesday's close. FUN +23% premarket. Comment!

• Thursday, February 12, 2009

• 09:39 AM Cedar Fair L.P. (FUN): Q4 EPS of -$1.02 misses by $0.93. Revenue of $119.3M (+3.3%) vs. $117.5M. Shares -4.9%. (PR) Comment!

• Tuesday, August 5, 2008

• 15:35 PM Stay-cationing consumers will boost attendance at local attractions like theme parks - so the theory goes. Cedar Fair's (FUN) whopping earnings beat ($0.26 vs. $0.10) may prove the point. Shares +11%. Comment!