Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E Sources: CAA Prepping Bid For IMG IMG Memo: Do Not Discuss Company's Sale
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SBD/6/Finance
FINANCE NOTES
Published January 6, 1998
Russell Corp. "warned fourth-quarter earnings may fall
50 percent to 60 percent from a year ago on sluggish holiday
and fall sales" (N.Y. DAILY NEWS, 12/31)....Atop Dow Jones'
list of the industry's "Worst Performers" of '97 was the
footwear category, which was down 33.44% for the year (WALL
STREET JOURNAL, 1/2)....Florida Panthers Holdings has agreed
to acquire the Arizona Biltmore resort, located in Phoenix,
for $225M in cash and stock (Dow Jones).
