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Chicago Weather: Cloudy And Mild This WeekendCBS 2 Meteorologist Mary Kay Kleist hast the 10 p.m. forecast for Friday, Oct. 9, 2020.

U of I Student Threatened With Dismissal After Refusing To Quarantine Says COVID-19 Tests Were NegativeA college student from the University of Illinois at Urbana-Champagne says he was evicted from his dorm and fired from his job as a resident assistant when he refused to quarantine.

Woman Helped Save 10-Year-Old Girl Shot In Chicago ParkTen-year-old Lamya Sparks’ family has spent countless hours at Comer Children’s Hospital by her bedside. As she fights to recover, the community is asked to step up and find her shooter. 

Student Athletes Protest Outside Home Of Dr. Ngozi EzikeStudent athletes made a house call to the state’s top doctor Friday night, demanding high school teams be allowed to play fall

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Bankrupt New York Sports Clubs Owner Seeks Early November Sale

(Bloomberg) — The owner of the New York Sports Clubs and Lucille Roberts gyms is seeking to speed up a planned sale of its business in bankruptcy court as pandemic pressures mount in the fitness industry.



a couple of people that are walking down the street: Pedestrians pass in front of a New York Sports Club gym in New York, U.S., on Monday, Sept. 14, 2020. The owner of the New York Sports Clubs chain sought bankruptcy protection from its creditors, unable to keep up with debt payments after the pandemic shut its gyms for months.


© Bloomberg
Pedestrians pass in front of a New York Sports Club gym in New York, U.S., on Monday, Sept. 14, 2020. The owner of the New York Sports Clubs chain sought bankruptcy protection from its creditors, unable to keep up with debt payments after the pandemic shut its gyms for months.

Town Sports International Holdings Inc. asked for court permission to shorten the timeline to sell itself to a group of investors or other interested parties, court papers show. Given gyms’ cash constraints and liquidity needs during the pandemic, the company is seeking to complete the sale by early next month. Lenders have submitted an initial credit bid for around $80 million.



a couple of people that are walking down the street: Pedestrians pass in front of a New York Sports Club gym in New York, U.S., on Monday, Sept. 14, 2020. The owner of the New York Sports Clubs chain sought bankruptcy protection from its creditors, unable to keep up with debt payments after the pandemic shut its gyms for months.


©

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New York Sports Clubs owner files for bankruptcy on coronavirus hit, eyes sale

(Reuters) – Town Sports International Inc, the owner of New York Sports Clubs, filed for Chapter 11 bankruptcy on Monday and plans to sell itself, after the coronavirus pandemic forced its gyms to close and caused revenue to dry up.

Saying the pandemic “wreaked havoc” on its operations, Town Sports and 161 affiliates filed for protection with the U.S. Bankruptcy Court in Wilmington, Delaware.

As of March 31, Town Sports operated 185 fitness centers, including 99 New York Sports Clubs, with about 580,000 members.

The company’s brands also include gyms in Boston, Philadelphia and Washington, D.C. named for those cities, as well as Lucille Roberts and Total Woman Gym and Spa. Assets and liabilities totaled between $500 million and $1 billion.

Gym operators have suffered as the pandemic deprived them of the monthly membership and personal training fees that generate much of their revenue.

Gold’s Gym International Inc filed for

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Water Sports Business For Sale Leaves The Competition In Its Wake


One of New Zealand’s busiest wakeboarding and
water-skiing aquatic leisure parks has been placed on the
market for sale.

Taupo Wake Park in the Central North
Island operates on a man-made lake just north of Taupo
township, and gives users a simulated riding experience to
being towed behind a motorboat.

Easily visible from
State Highway 1, Taupo Wake Park is located within one of
Taupo’s tourist activity hubs – additionally sustaining
the family-orientated Huka Prawn Park, and the upmarket
Wairakei Golf Course.

102
Karetoto Road – Taupo Wake Park

The
wake park has been operating for six-years – cumulatively
building repeat clientele over the period. User charges for
the facility range from $40 for a 10-minutre burst, or $40
for a beginner’s tuition session, up to $75 for a half-day
pass allowing multiple runs.

Trading seven days-a-week
from 10am,

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Zacks Value Trader Highlights: Anthem, Cigna Corp, Gray Television, Hibbett Sports and Meritage Homes

For Immediate Release

Chicago, IL – October 2, 2020 – Zacks Value Trader is a podcast hosted weekly by Zacks Stock Strategist Tracey Ryniec. Every week, Tracey will be joined by guests to discuss the hottest investing topics in stocks, bonds and ETFs and how it impacts your life. To listen to the podcast, click here:

Welcome to Episode #208 of the Value Investor Podcast.

Every week, Tracey Ryniec, the editor of Zacks Value Investor portfolio, shares some of her top value investing tips and stock picks.

With the S&P 500 briefly testing a 10% correction, before finishing September down 3.9%, now’s the time to screen for classic value stocks.

Screening for Classic Value

Classic value is the toughest to screen for.

It involves all of the classic value fundamentals including low price-to-earnings, price-to-book, price-to-sales and price to cash flow ratios along with a PEG ratio under 1.0, which indicates

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Cuomo Extends Moratorium On Commercial Evictions, Foreclosures | News, Sports, Jobs

New York Gov. Andrew Cuomo
(AP Photo/Jacquelyn Martin, File)