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S.F.-based Charles Schwab Corp. "has inked a deal" with the U.S. Ski Team "to provide athletes with retirement plan services and brokerage firm internship opportunities" in its 263 branch offices, according to AD AGE. Schwab has also created an investment growth fund for the U.S Ski Team "to receive donations that new Schwab fund-raising programs will solicit on their behalf." The U.S. Ski team will recognize Schwab as its "official investment firm" (AD AGE, 10/24).
AL-based Hibbert Sporting Goods announced the pricing of an IPO of 1,133,197 shares of common stock at $27.75 per share. The offering is being underwritten by Smith Barney, NationsBanc Montgomery Securities, the Robinson-Humphrey Co. and BancAmerica Robertson Stephens (Hibbert Sporting Goods). ...The NHLPA is "trying to encourage players to buy" off-ice disability insurance, as players won't receive such insurance under the CBA in effect until 2004. The NHLPA says there around 200 NHL players who don't have the off-ice disability insurance (DETROIT NEWS, 10/24).