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Published in SportsBusiness Daily on 07 / 28 / 14

Media reporter  Joe Flint : "Very excited to be re-joining the WSJ on the media beat and very grateful to the LA Times for five great years." Cleveland Plain Dealer's Mary Kay Cabot : "For Johny Manziel's final team period today, the Beastie Boys' 'Fight for your right to party' blared...

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02/05/98
REEBOK ANNOUNCES CUTS OF 500 JOBS IN RESTRUCTURING

Reebok plans to cut 500 administrative jobs in the first quarter, or 10% of its work force, "as part of a multimillion-dollar restructuring to reduce costs," according to a wire report in the BOSTON G

Tags: CBS, Finance, News Corp./Fox, Reebok, Viacom

02/03/98
PUMA PUMPS UP SALES FIGURES, BUT WARNS OF SLOWED GROWTH

Puma saw sales last year climb almost 12% to "about" $299M, according to the FINANCIAL TIMES. However, it warned yesterday that growth this year and next would be slowed by the Asian financial crisis.

Tags: Finance, Puma

02/03/98
AFTER GLOOMY FINANCIALS, REEBOK HINTS AT CHANGE IN TACTICS

Reebok Int''l, citing "difficult industry conditions," said it will take a pretax restructuring charge of $25M to $35M in the current quarter, according to Jon Auerbach of the WALL STREET JOURNAL. Ree

Tags: Finance, Reebok

01/29/98
CALLAWAY GOLF ANNOUNCES RECORD SALES OF $842.9M IN '97

Callaway Golf announced that its net sales in the year ended December 31, ''97 increased 24% to $842.9M over the previous year''s net sales of $678.5M. The company also announced that it had a net inc

Tags: Callaway Golf, Finance

01/28/98
ESPN HELPS WALT DISNEY CO. TO PROFITABLE QUARTER

Walt Disney reported net income of $755M, or $1.10 a share, on revenue of $6.34B for the quarter ended December 31, ''97, according to Bruce Orwall of the WALL STREET JOURNAL. That compares with the n

Tags: ABC, ESPN, Finance, Walt Disney

01/28/98
CABLEVISION PROPOSES ACQUISITION OF NOBODY BEATS THE WIZ

Cablevision Systems Corp., "in a bid for more of New Yorkers'' entertainment dollars," yesterday offered "about" $95M for the "troubled" Nobody Beats The Wiz chain, according to James Madore of NEWSDA

Tags: Cablevision, Finance, New York Knicks

01/22/98
JUMBOSPORTS ANNOUNCES STORE CLOSINGS AND RESTRUCTURING

JumboSports Inc. announced that it will "continue to slim down, closing 18 of its 77 stores" and taking a $35- $45M "restructuring charge," according to Aissatou Sidime of the TAMPA TRIBUNE. The moves

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01/20/98
SPORTSLINE USA TO BOOST GOLF COVERAGE WITH DEAL FOR GOLFWEB

SportsLine USA has agreed to acquire GolfWeb in exchange for approximately 860,000 shares of SportsLine USA common stock. As of January 14, the stock was valued at about $14.85M. GolfWeb will operate

Tags: Finance

01/14/98
FINANCE NOTES

adidas Chair Robert Louis-Dreyfus "pledged" that the company''s acquisition of Salomon "would lead to no significant job losses" (FINANCIAL TIMES, 1/13)...The Sports Authority''s stock hit a 52-week l

Tags: Finance, Washington Nationals

01/14/98
L.A. GEAR FILES FOR REORGANIZATION BUT DETAILS SKETCHY

L.A. Gear has filed for "reorganization under Chapter 11," according to James Peltz of the L.A. TIMES. The company made the filing "after reaching a restructuring pact with a group representing holder

Tags: Finance

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