Featured Story

Disney Reports Cable Network Unit, Led By ESPN, Will Continue Growth For Three Years

04 / 18 / 14

Disney on Thursday indicated that profits at its "ESPN-dominated cable networks unit would grow in the 'high single digits' on a compounded annual basis for the next three years," according to Brooks Barnes of the N.Y. TIMES. It is "rare for Disney to provide public insight into its future earnings,...

Read More

Tags: Finance, ESPN, Walt Disney

More Stories

07/13/98
STANDARD & POOR'S NIKE WATCH; FILA'S SECOND QUARTER DROP?

Standard & Poor''s on Friday placed some of its Nike debt ratings on its Creditwatch list with "negative implications," according to Jeff Manning of the Portland OREGONIAN. S&P''s rates Nike''s corpor

Tags: Fila USA, Finance, Nike

07/13/98
THE POWER PLAYERS: VENATOR, JUST FOR FEET IN WEEKEND MEDIA

Just into his fourth year as Venator Group CEO, formerly Woolworth, Roger Farah has changed the company''s "century-old strategy," and for "all intents and purposes," he is now "running a sporting goo

Tags: Finance, Foot Locker/Venator Group

07/13/98
ADAMS GOLF HAS SUCCESSFUL OPENING ON THE OPEN MARKET

Adams Golf shares rose 15% Friday, their first day of trading on the NASDAQ, as investors bought into the "fast- growing maker of the Tight Lies line of clubs despite the weak state of the IPO market,

Tags: Finance

07/08/98
VENATOR GROUP, THE SPORTS AUTHORITY PREDICT EARNINGS DECLINE

The "dismal state of the sports shoe market claimed two more victims yesterday when Venator, formerly known as Woolworth, and Sports Authority ... warned that second- quarter results would be much wor

Tags: Finance, The Sports Authority

07/08/98
FINANCE NOTES

THE MARKET SHARE: In N.Y., Dunstan Prial included Cleveland Indians Baseball Co. under a list of high-profile IPO "losers." Prial also reported that Adams Golf plans to sell 5.8 million shares through

Tags: Cleveland Indians, Finance, Time Warner

07/07/98
ZAPATA ZIPS UPWARD ON NYSE: COMPANY TO SPLIT INTO TWO

The Glazer family''s Zapata Corp. jumped 11 5/8 to 21 1/2 yesterday on the NYSE. The Glazers also own the Buccaneers. PBS''s Paul Kangas reported that the company "plans to split into two separate ent

Tags: Finance, Tampa Bay Buccaneers, Time Warner

07/01/98
NIKE ENDS '98 FY WITH FIRST QUARTERLY LOSS IN 13 YEARS

Nike yesterday posted a fiscal fourth-quarter loss of $67.7M, or $0.23 a share, "its first loss in more than 13 years," according to Bill Richards of the WALL STREET JOURNAL. For the year-earlier peri

Tags: Finance, Nike

07/01/98
DISNEY STOCK DOWN AFTER ANALYSTS DOWNGRADE PROFIT ESTIMATES

Shares in Disney dropped 7.1% -- or 8 1/8 -- to 105 1/16 as analysts "downgraded their recommendations and shaved profit estimates" for the company, the fourth time in the last two months that Wall St

Tags: Finance, Walt Disney

06/30/98
NEWS CORP. ANNOUNCES FOX IPO: HOPES TO BRING IN $2-4B

News Corp. unveiled plans Monday for a stock offering to include 20% of its film, broadcasting and sports assets -- including the Dodgers -- in a deal that could raise "up to" $2B for the company, whi

Tags: Cablevision, CBS, Finance, Los Angeles Dodgers, Los Angeles Kings, Los Angeles Lakers, New York Liberty, News Corp./Fox, NFL, Time Warner, Viacom

06/29/98
TOP FINANCIAL INSTITUTIONS TARGETING MORE SPORTS BUSINESS

In a period when increasing salaries and signing bonuses, multiyear contracts and endorsement deal can push annual incomes "well into the millions," pro athletes as a group have become "highly desirab

Tags: Finance, IMG

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug