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Make Your Opinion Count With The 2014 SBJ/SBD Reader Survey

Published in SportsBusiness Daily on 10 / 21 / 14

The 10th annual SportsBusiness Journal/SportsBusiness Daily Reader Survey is currently underway, offering an opportunity for your voice and opinion to be heard. The survey features 100 questions across leagues, teams, facilities, sponsorship, media, and more. * What is your biggest gripe with a...

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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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