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Stock impact report

RNC business lower than anticipated for many downtown bars, restaurants and venues [USA TODAY]

Fiserv, Inc. (FI) 
Last fiserv, inc. earnings: 2/25 07:00 am Check Earnings Report
Company Research Source: USA TODAY
downtown are reporting bookings for private events during the four-day convention, a major letdown for business owners who had been promised or expected big business. The Pabst Theater Group does not have any bookings at four of its venues, including the Riverside Theater and Pabst Theater. Upscale downtown restaurants, such as Amilinda and Lupi and Iris, have few to no bookings or reservations for the four days of the RNC. And many bars and restaurants on North King Drive don't have any bookings for private events, including Who's On Third, Oak Barrel, Third Street Tavern, LP and Old German Beer Hall. "It's disappointing for us but I am, as always, more concerned about the city overall," said Gary Witt, CEO of the Pabst Theater Group. "After all that spiking the football that was done after getting the RNC, you're going to see that a lot of restaurants and bars and coffee shops are going to be impacted negatively." The lack of bookings this close to the convention is disappoint Show less Read more
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