Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E Sources: CAA Prepping Bid For IMG IMG Memo: Do Not Discuss Company's Sale
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Van Wagner Sports Makes Minority Investment In Winik's CineSport05 / 17 / 13Marketing and sales outfit Van Wagner Sports & Entertainment has made a low seven-figure, minority equity investment in CineSport, a New Jersey-based online sports video company. CineSport, founded and run by former NBA exec Gregg Winik, provides video content to many local and national news org... Tags: Finance |
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DON'T CRY FOR THEM: TEAR DROP TO ACQUIRE TOMMY ARMOUR GOLF
NJ-based Tear Drop Golf Co. is expected to announce today an agreement to acquire Tommy Armour Golf Co. from U.S. Industries for "about" $24.5M in stock and cash, according to the WALL STREET JOURNAL.
Tags: Finance
WITH BUSINESS "OFF," FILA ANNOUNCES LAYOFFS IN MD
Fila Holding SpA confirmed Saturday that it has "laid off" 32 workers, 24 of them at its U.S. headquarters and distribution facility in Sparks, MD, according to the Baltimore SUN. Fila Senior VP Howe
Tags: Fila USA, Finance, Los Angeles Sparks
EARNINGS REPORT: STARTER "SLUGGISH" IN APPAREL SALES
CT-based Starter Corp. reported that third-quarter net income "fell" 49% as a result of "sluggish apparel sales," according to the WALL STREET JOURNAL. The company said net income fell to $5.6M, or $.
Tags: Finance
INTEL AND MITSUBISHI BUY STAKE IN SPORTSLINE USA
Intel Corp. and Mitsubishi Corp. have agreed to buy "substantial stakes" in FL-based SportsLine USA, according to David Poppe of the MIAMI HERALD. SportsLine said Intel agreed to buy 537,634 shares of
Tags: Finance
SUN-SENTINEL LOOKS AT FINANCIAL IMPACT OF SERIES ON SOUTH FL
The "financial windfall" from hosting four World Series games "could run" $88M for the Marlins and other businesses, according to Horn & Fins of the Fort Lauderdale SUN- SENTINEL. The following number
Tags: Finance, Miami Marlins
HUIZENGA AGREES THAT IT'S ELWAY OR THE HIGHWAY FOR AUTO DEAL
Republic Industries Chair Wayne Huizenga has agreed to pay $82.5M for John Elway''s six Denver-area car dealerships, according to Richard Williamson of the ROCKY MOUNTAIN NEWS. Elway "received Republi
Tags: Finance
THE BIG BUSINESS OF BUYING AND SELLING MINOR LEAGUE CLUBS
The financial benefits of owning a minor league baseball franchise was examined by Roy Furchgott of the N.Y. TIMES, who wrote, "team owners warn that would-be baseball moguls should take a long look b
Tags: Finance, MLB, New Orleans Saints, PBA
CHARLES SCHWAB TAKES A BIG JUMP -- WITH SKI TEAM SPONSORSHIP
S.F.-based Charles Schwab Corp. "has inked a deal" with the U.S. Ski Team "to provide athletes with retirement plan services and brokerage firm internship opportunities" in its 263 branch offices, acc
Tags: Finance
FINANCE NOTES
AL-based Hibbert Sporting Goods announced the pricing of an IPO of 1,133,197 shares of common stock at $27.75 per share. The offering is being underwritten by Smith Barney, NationsBanc Montgomery Secu
OAKLEY AND CALLAWAY RELEASE EARNINGS REPORTS
Oakley, Inc. announced its net income for the third quarter ended September 30, was $6.8M, or $0.10 per share, compared with a net income of $15.7M, or $0.22 per share, for the comparable ''96 period.
Tags: Callaway Golf, Finance, Oakley
