SBD/7/Finance

FINANCE NOTES

          Paul Allen, who bought 95% of Marcus Cable for $2.78B,
     said he paid $2,800 per subscriber.  Allen: "It's a great
     time to come in and find a partner and add some of my ideas
     to what is in the marketplace.  I will finally have some
     wires for my wired world" (DALLAS MORNING NEWS, 4/7).
     ...Champion Products "has begun slashing 40 jobs at its
     Winston-Salem [NC] headquarters."  Nancy Young, spokesperson
     for Champion's parent company Sara Lee, said the cutbacks
     will be completed "in the next few weeks."  Champion
     President & CEO Mike Flatow called the cuts "part of a
     realignment to make operations more efficient" (Raleigh NEWS
     & OBSERVER, 4/4)....Golden Bear Club Services entered into a
     golf and club management licensing agreement with Executive
     Sports Int'l (ESI), granting ESI the right to conduct
     business under that brand name (Golden Bear)....Rawlings
     Sporting Goods Co.'s profits "rose almost" 12% in the 2Q. 
     Revenues were up 17% for the quarter, which ended February
     28.  Howard Keene, Rawlings' interim CEO said that revenue
     "rose in all categories but licensing" (POST-DISPATCH, 4/2).

Return to top

Related Topics:

Finance, R J Reynolds, Sara Lee

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug