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Published in SportsBusiness Daily on 04 / 01 / 15

$45M  – The amount Rivers Casino has contributed, to date, to the Sports & Exhibition Authority of Pittsburgh and Allegheny County for Consol Energy Center construction expenses, following the latest payment of $4.6M. By the time its agreement with SEA concludes in '38,...

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07/27/98
FAST CARS HIT THE STREET: TWO MUTUAL FUNDS EYE NASCAR STOCKS

NC-based StockCar Stocks Index Fund, a "no-load mutual fund" that invests in companies either profiting from or sponsoring NASCAR, is profiled by Robert Barker of BUSINESS WEEK. Registering with the S

Tags: Champ Car World Series, Finance, Int'l Speedway Corp., McDonalds, NASCAR, Procter and Gamble

07/24/98
OAKLEY TO LAUNCH SECOND SHOE; HITS RECORD SALES OF $70M

Oakley has "completed design" on a watch it plans to begin selling late this year, according to Greg Hardesty of the ORANGE COUNTY REGISTER. Details of Oakley''s new watch "are sketchy," other than th

Tags: Finance, Oakley

07/24/98
CALLAWAY GOLF CONTINUES TO SUFFER FROM THE ASIAN FLU

Shares of Callaway Golf dropped 6 1/4 on the NYSE yesterday and closed at 12 3/4. This comes after Callaway reported an "earnings bogey" on Wednesday, which led to shares dropping 5/16 to 19, accordin

Tags: Callaway Golf, Finance

07/24/98
SFX COMPLETES MARQUEE ACQUISITION FOR A REPORTED $100M

SFX Entertainment Inc. will buy The Marquee Group (TMG) in an all-stock deal valued at around $100M, according to Jill Goldsmith of the HOLLYWOOD REPORTER. An acquisition "was expected" because the tw

Tags: Clear Channel/SFX Sports, Finance

07/24/98
REEBOK REPORTS THAT 2Q PROFIT DOWN 70%; SALES DOWN 11%

Reebok Int''l reported its second quarter profit dropped 70% from a year ago to $6.1M, or $.11 a share, from $20.3M, or $.35 a share for the same period a year ago, according to the WALL STREET JOURNA

Tags: Finance, Reebok

07/22/98
ALTHOUGH MOUSE FAILS TO ROAR IN QUARTER, ESPN REVENUES CLIMB

Walt Disney Co. announced that the company''s net income declined 12% for the quarter ended June 30, according to Lisa Bannon of the WALL STREET JOURNAL. Net income fell to $415M from $473M in the sam

Tags: ABC, ESPN, Finance, Walt Disney

07/20/98
BROADCAST.COM STOCK PRICE SOARS 248% AFTER FRIDAY'S IPO

Investors "snapped up shares of" TX-based Broadcast.com on Friday "in one of the year''s hottest" IPOs, according to David Kalish of the AP. Shares opened at $18, but buyers "sent the price skyrocketi

Tags: Finance

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

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