Published September 2, 2009
Dick's Sporting Goods Chair & CEO Edward Stack
, Vice Chair WILLIAM COLOMBO
and BOD member LAWRENCE SCHORR
last week sold a combined 120,000 company shares at prices ranging from $22.25-22.81 each. This comes after Stack and Colombo bought a combined 177,000 shares from May-November '08, and InsiderScore.com Dir of Research BEN SILVERMAN
said, "It's a little odd, especially coming from a CEO, to see buys and sells within a short period of time. The way I look at it, it's a red flag. It's a negative sentiment indicator" (WALL STREET JOURNAL, 9/2
MASTER AND COMMANDER: HOOPSWORLD.com's Steve Kyler ranked the Top 55 most influential people in basketball, topped by NBA Commissioner DAVID STERN, who has "shaped what was a fledgling sports league in 1984 into what is today the third-most popular sports league" in the U.S. ESPN/ABC Sports President GEORGE BODENHEIMER ranks second on the list, followed by Cavaliers F LEBRON JAMES, NBA Deputy Commissioner & COO ADAM SILVER and NCAA President MYLES BRAND (HOOPSWORLD.com, 8/28).
HONOR ROLL: Titans Owner and AFL co-Founder BUD ADAMS will be part of a 10-member class inducted into the Texas Sports HOF in February at Baylor Univ.'s Ferrell Center (HOUSTON CHRONICLE, 9/2)....The Sporting Goods Industry HOF in a May ceremony will induct former T.W. Promotions President BILL FARRELL, The Forzani Group Founder & Chair JOHN FORZANI and Schutt Sports' JULIE and KEN NIMMONS (National Sporting Goods Association).
SWINGING FOR THE FENCES: Last night's edition of ABC's "Shaq Vs." featured Cavaliers C SHAQUILLE O’NEAL competing with MLB Cardinals 1B ALBERT PUJOLS in a Home Run Derby at T.R. Hughes Stadium in O'Fallon, Missouri. Former MLBer JOHN MABRY gave O'Neal some hitting lessons, after which O'Neal said, "Baseball ain't no joke. Now I see why you guys get paid the big bucks. Now I understand RODRIGUEZ, JETER, Pujols." Pujols beat O'Neal 16-10, even though O'Neal was hitting to a shorter fence ("Shaq Vs.," ABC, 9/1).
NAMES: Producers RICHARD WEINER and JEFF LUINI will make a new movie based on the life of U.S. skier PICABO STREET. Directed by CHARLES WINKLER and written by ERIC PRESTON, "PICABO" will start filming sometime in '10 in Argentina (THE DAILY)....Yankees 3B ALEX RODRIGUEZ yesterday made an "unexpected visit to 500 students" at Milford Mill Academy in Baltimore to "deliver an anti-steroid message" (Baltimore SUN, 9/2)....Former NFL coach DICK VERMEIL last October launched Vermeil Wines, a winery in California "whose first and finest offering is the Jean-Louis Vermeil Cabernet Sauvignon" (PHILADELPHIA INQUIRER, 9/2)....The Aberdeenshire Council yesterday voted to allow DONALD TRUMP to "expand a luxury golf resort he is building on a stretch of Scottish coast despite fierce opposition from residents." Trump now can "develop an extra 50 acres surrounding the proposed site if he can persuade the people living there to sell the land" (AP, 9/1)....Syndicated radio host DAN PATRICK rang the closing bell on the N.Y. Stock Exchange yesterday (THE DAILY)....Golfer Annika Sorenstam yesterday morning gave birth to her daughter, Ava Madelyn McGee (ANNIKASORENSTAM.com, 9/1).
|Vermeil Opens Winery
In Napa Valley