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WME Outlines Plans To Cut $151M In Costs Out Of IMG After Acquisition Deal Closes

04 / 14 / 14

INSIDE IMG: THE FINANCIALS Revenue By Division Year College Media & Entertainment Sports Total 2011 $331 ...

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Tags: William Morris Endeavor, IMG, Finance

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12/04/97
REEBOK SEARCHES FOR THE ANSWER AS STOCK PRICE TUMBLES

Reebok stock dropped for the second day in a row on Wednesday, as analysts cited "disappointing sales figures" for the company''s new basketball sneaker, Allen Iverson''s The Answer, according to DOW

Tags: Finance, Reebok

12/01/97
DID YOU SURVIVE BLACK FRIDAY? HOLIDAY SHOPPING FORECASTS

Black Friday, the first official day of the holiday shopping season, saw that "despite the robust nature of the economy, most people were hunting for bargains and giving cold shoulders to a lot of thi

Tags: Finance

11/26/97
NBA PLAYERS NOT GIVING THANKS FOR NEW CANADIAN TAX LAWS

U.S. citizens playing for the Raptors and Grizzlies have seen an increase in their income taxes, according to Bill Harris of the TORONTO SUN. Raptors GM Glen Grunwald: "We believe it equates to a 1%-2

Tags: Finance, Maple Leaf Sports and Entertainment, NBA, Toronto Raptors

11/25/97
A BULL RUN TOWARDS RAWLINGS, WHO INKS W/HOST COMMUNICATIONS

Atlanta-based Bull Run Corp. "has struck an investment agreement that could lead to" a 20% stake in MO-based sporting goods company Rawlings, according to Al Stamborski of the ST. LOUIS POST-DISPATCH.

Tags: Finance

11/25/97
FINANCE NOTES

CNN''s Lou Dobbs reported that Nike fell yesterday 2 1/8 to 48 3/4. Dobbs added that Donaldson, Lufkin and Jenrette trimmed Nike''s earning estimates, expecting international sales to fall rapidly" ("

Tags: Finance, Nike, Time Warner

11/24/97
MANAGEMENT CHANGE AT ARNOLD PALMER GOLF SEES TOP EXECS LEAVE

Arnold Palmer Golf said its Chair & CEO George Nichols and President Roger Helms have resigned from the company, according to the WALL STREET JOURNAL. John Lupton, Chair of the board''s Exec Committee

Tags: Finance

11/19/97
THE BEAUTY OF THE MARKET BEAST: DISNEY'S EARNINGS UP

Walt Disney Co.''s fourth-quarter net income rose "nearly" 18%, according to Bruce Orwall of the WALL STREET JOURNAL. The company reported net income of $411M, or $0.60 a share, on revenue of $5.52B f

Tags: ESPN, Finance, Walt Disney

11/19/97
FIRST UNION'S PURCHASE OF CORESTATES TO ALTER SPORTS ENTITIES

In the "biggest bank merge ever," PA-based CoreStates Financial Corp. has agreed to be acquired by NC-based First Union Corp., according to Joseph DiStefano of the PHILADELPHIA INQUIRER. No new names

Tags: Comcast-Spectacor, Finance, Philadelphia 76ers, Philadelphia Flyers

11/19/97
ANTIGUA SPORTSWEAR TO HAVE IPO AND TRADE ON THE NASDAQ

AZ-based sportswear company Antigua Group has filed plans with the SEC to sell 3 million shares in an IPO, according to Dawn Gilbertson of the ARIZONA REPUBLIC. While the company would trade under the

Tags: Finance, NBC

11/19/97
FLORIDA PANTHERS HOLDINGS EYES EXPANSION IN HOTEL MARKET

Florida Panthers Holdings (FPH) is "trying to secure up to" $500M in credit in order to "add to its trophy chest of luxury hotels and other facilities," according to Katherine Hutt of the Fort Lauderd

Tags: Finance

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