CNS, manufacturer of Breathe Right nasal strips, said
its first quarter profits would be "significantly below"
analysts' estimates of $.23/share. CNS said retailers "were
ordering fewer of the breathing aids in January and
February" (Providence JOURNAL-BULLETIN, 3/20)....Converse
has settled "substantially" all of its remaining claims
against the former owners of Apex One, Inc. The settlements
will result in the dismissal of the pending federal court
actions between Converse and all former owners of Apex
except for Norwood Venture Corp. Converse continues to seek
damages against Norwood for fraud under the federal
securities laws in connection with the Apex acquisition
(Converse)....Fila will be the official footwear and apparel
company of the McDonald's All-American High School
Basketball Game, played in Colorado Springs, CO, on March
29. The game will be seen nationally on CBS. Fila will
provide each high school player with Stack II basketball
shoes (Fila)....Entry Media announced the Astros' FL
operations have added turnstile advertising via the
Turnstile AdSleeve Armcover to Osceola County Stadium. The
Astros signed a multi-year deal. The first sponsor is
Florida Hospital (Entry Media)...."Space Jam" was No. 1 on
the video rental charts with $4.62M in weekly rental revenue
last week (HOLLYWOOD REPORTER, 3/20)....Taco Bell picked
TBWA Chiat/Day, Venice, CA, to handle the creative portion
of its $200M account, according to sources familiar with the
talks (AD AGE, 3/20)....Minor League Baseball will honor the
memory of Jackie Robinson throughout the '97 season with
players and umpires wearing commemorative 50-Year
Anniversary patches on their uniforms (NAPBL)....The Timken
Company will sponsor two top drivers in the '97 PPG Cart
World Series. Jimmy Vasser and Bryan Herta will display the
Timken logo on their driver suits and helmets, as well as
appear at various company and customer functions (Timken).
