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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,...

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Tags: Finance, ESPN, Walt Disney

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04/28/98
FLEET FINANCIAL GROUP ARRANGES $405M IN FINANCING FOR MLB

Fleet Financial Group announced it has arranged $405M in financing for MLB. The credit facility will be used by participating MLB teams to refinance existing debt and for general corporate purposes. T

Tags: Finance, Fleet Financial, MLB

04/24/98
LET'S HIT THE SLOPES: AMERICAN SKIING CO. PROFILED ON CNBC

American Skiing Company (ASC) and the consolidation of the ski industry were examined by CNBC''s Tyler Mathisen on "Business Center." While ski resorts used to be small, family-owned businesses, "Toda

Tags: American Skiing Co., Finance

04/24/98
OAKLEY SEES IMPROVED GROWTH; WILL NEW SHOES KICK-UP PROFITS?

Oakley announced improved financial results for its 1Q, ended March 31. Net income for the period grew 138% to $1.3M, or $0.02 a share, compared with net income of $0.6M, or $0.01 a share, for the com

Tags: Finance, Oakley

04/24/98
SPORTSLINE PRICES SECONDARY OFFERING OF 4 MILLION SHARES

SportsLine USA announced that its secondary public offering of four million shares of common stock was priced at $37.625 per share. Of the shares being offered, 2,288,430 shares are being offered by S

Tags: Finance, Salomon Smith Barney

04/24/98
DESPITE INCREASE IN SALES, CALLAWAY'S 1Q EARNINGS DROP

Callaway Golf reported net sales of $176.9M for the first quarter ended March 31, 1998, an increase of 5% over 1Q ''97. However, net income decreased 54% to $11.2M, and diluted earnings per share decr

Tags: Callaway Golf, Finance

04/23/98
DISNEY EARNINGS UP; COMPANY ANNOUNCES 3-FOR-1 STOCK SPLIT

The Walt Disney Co. reported Wednesday that earnings rose 22% in its fiscal 2Q ended March 31 "as theme-park and ESPN operations more than offset lower creative content segment results and film write-

Tags: ESPN, Finance, Walt Disney

04/23/98
REEBOK'S FIRST QUARTER PROFITS FALL 49 PERCENT

Reebok Int''l said Wednesday that its first-quarter profit fell 49% and company officials "predicted another tough quarter ahead with no improvement expected until autumn at the earliest," according t

Tags: Finance, Reebok

04/17/98
SPORTSLINE USA REPORTS RECORD FIRST QUARTER PERFORMANCE

SportsLine USA announced a record revenue and site traffic for the first quarter ended March 31. Revenue increased 359% to $6.79M in the first quarter ''98 from $1.48M during the same period of ''97.

Tags: Finance, General Motors, SportsLine.com

04/09/98
ADVANTAGE BROADENS REACH WITH SAILING GROUP ACQUISITION

Advantage Int''l acquired Sail Sports Int''l (SSI), a sailing event and consulting company. SSI''s portfolio of events and clients includes marketing rights to the 17-event World Match Racing Associat

Tags: Finance

04/07/98
THE EAGLE HAS LANDED AT FAMILY GOLF CENTERS

N.Y.-based Family Golf Centers has agreed to acquire Eagle Qwest Golf Center Inc, the nation''s second-largest owner, operator and manager of driving ranges for shares worth "about" $46.1M, according

Tags: Finance, US West/Qwest

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