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Tweet Pic Of The Day....

Published in SportsBusiness Daily on 07 / 22 / 14

Wild RW  Nino Niederreiter posted an image of the Swiss cover of EA Sports' "NHL 15" bearing his likeness.

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03/19/98
NIKE'S THIRD QUARTER EARNINGS DOWN 70%; MORE CUTS EXPECTED

Nike yesterday reported revenues and earnings for the company''s third quarter ended February 28, 1998. Third quarter net income totaled $73.1M or $0.25 per share compared to $237.1M, or $0.80 per sha

Tags: Finance, Nike, Washington Nationals

03/18/98
FINANCE NOTES

The Marquee Group announced financial results for the year ended December 31, 1997, its first complete year as a public company. For the year, revenues were $21.3M versus $2.9M for the previous year.

Tags: Finance

03/13/98
OUTBACK SPORTS LTD. SAYS G'DAY TO NEW HIGH-LEVEL MATES

FL-based Outback Sports Ltd. (OSL), a new limited partnership formed by Outback Steakhouses, announced that Scott Letellier and Ross Berlin have joined the company as President and CEO, respectively.

Tags: Finance

03/11/98
CART WHEELS ITS WAY ONTO THE EXCHANGE, STOCK PRICE RISES 24%

In its first day of trading on the New York Stock Exchange, the price of CART stock "rose more than" 24% yesterday, according to Bill Koenig of INDIANAPOLIS STAR- NEWS. CART issued 4.7 million shares

Tags: Champ Car World Series, DaimlerChrysler, Finance, Time Warner, Toyota

03/10/98
CART SET TO GO PUBLIC TODAY WITH SHARES PRICED AT $16

CART Inc. will begin public trading today under the symbol "OPW" when 4.7 million shares are offered in an IPO. Shares were priced at $16. CART said it plans to use the net proceeds from the IPO, expe

Tags: Champ Car World Series, Finance

03/06/98
GOOD NEWS FOR ADIDAS: RECORD SALES, DOUBLE-DIGIT GROWTH

adidas-Salomon AG reported record sales of $3.7B for ''97, and its "first-ever" double-digit earnings per share, according to Reuters. Earnings per share rose from $3.82 to $5.65. The company said tha

Tags: Finance, Washington Nationals

03/06/98
IMG, CHASE CAPITAL LINK UP FOR NEW INVESTMENT VENTURE

IMG and Chase Capital Partners have formed a private equity venture to invest in the sports industry. The new fund, called IMG/Chase Sports Capital and headquartered in New York City, has targeted $20

Tags: Finance, IMG

03/05/98
SEEING GREEN: HIGH TIMES FOR SNOWBOARDING AT RETAIL

Despite slipping retail sales in snow-sports products nationwide last year, "it was snowboarding that heated up sales, while ski sales ... chilled," according to Penny Parker of the DENVER POST. Gart

Tags: Finance, Washington Nationals

03/05/98
ARNOLD PALMER SETS HIS SIGHTS ON BRANDED GOLF COURSES

Arnold Palmer has teamed up with venture capitalist Peter Nanula and the Hicks-Muse real estate opportunity to fund a $200M real estate investment trust (REIT) comprising of more than 20 golf courses

Tags: Finance, Marriott

03/03/98
AFTER EARNINGS REPORTS, ANALYSTS CUT CALLAWAY GOLF RATING

After announcing an expected shortfall in its first quarter earnings, Callaway Golf shares "were clubbed" Monday, falling 3 9/16 to $28.75. In its estimates, Callaway cited El Nino and the "economic t

Tags: Callaway Golf, Finance

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