SBD/2/Sponsorships Advertising Marketing

CORPORATE REPORT: MOLSON TABS NHL LOCKOUT FOR LOSSES

     Molson Breweries says its fiscal 3rdQ net income fell 1.3%
because of losses from the NHL lockout and higher sales of
discount beer in Quebec.  Net income for the first three months
ended January 1 fell to C$33.5M from C$38.2M a year ago.  Sales
dropped 1.5% to C$507.2M from C$515M.  The company said results
from the most recent period include pretax losses of C$5.2M from
the loss of broadcast rights sales due to the NHL lockout
(Toronto GLOBE & MAIL, 2/2).
     FOOTWEAR:  Both Reebok's and Nike's stock declined
yesterday.  Reebok fell 2 3/4 to 35 1/4 after the company's
report that earnings were lower than expected, while Nike fell 1
1/8 to 69 7/8 over news on its planned acquisition of Canstar
(Michael Gonzalez, WALL STREET JOURNAL, 2/2).
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Related Topics:

NHL, Nike, Reebok

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