Home > News Story
Six Flags New England All Moody
Submitted By: ThmPrkCrtc on 2/10/2009 9:52:00 AM
People LOVE making lists these days, top ten this, top ten that yada yada. Six Flags New England though is none to thrilled about being tossed on the Moody's investor service list.
But, one company with strong ties to western massachusetts refutes its place on the list; Six flags New England has no plans to fall victim to this struggling economy.

In fact Spokewoman Melissa Pinkerton tells 22News, "We're looking to hire 3000 employees for the 2009 season at our upcoming job fair being held on February 28th and March 1st. We are investing in our park with several exciting enhancements."
So Since SFNE can't really say what they want to the "Moody's", I'll help them out. EAT IT.

Comments:

mrceagle on 2/10/2009 10:22:00 PM said:
Here is the SFI part of the article: "Six Flags. (SIX; about 30,000 employees; stock down 84%). This theme-park operator has been losing money for several years, and selling off properties to try to pay down debt and get back into the black. But the ride may end prematurely. Moody's expects cash flow to be negative in 2009, and if consumers aren't spending during the peak summer season, that could imperil the company's ability to pay debts coming due later this year and in 2010." What SFNE is doing for 2010 has nothing to do with the placement on the list. Also there performance have much paring on teh companies ability to pay it's upcoming bills. SFNE is only 1 of 20 properties.
 
Clicky Web Analytics