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Bud Selig Hails MLB's Technological Changes During His TenurePublished in SportsBusiness Daily on 10 / 21 / 14
Bud Selig spoke of the technological changes MLB has gone through during his 22 years as Commissioner as he was honored last night with the Lifetime Achievement award at Broadcasting & Cable's annual HOF dinner in N.Y. Joined by Commissioner-elect Rob Manfred and MLB Exec VP/Baseball Operati...
Callaway Golf said Friday that its U.S. sales "are getting drenched by El Nino" and the impact could "drag earnings" 70% below analysts'' first-quarter estimates, according to Bruce Bigelow of the SAN
The refinancing of Umbro "could take another two months to complete," according to Patrick Harverson of the FINANCIAL TIMES. Umbro CEO Larry Ramaekers said that the company was looking to raise "subst
ME-based American Skiing Co. announced that total revenues for the second quarter, ended January 25, increased to $115.3M from $61.2M for the comparable period last year. Net income for the second qua
CA-based Lynx Golf has "obtained a $3.55 million bridge loan" from Union Planters Bank of St. Louis, according to the SAN DIEGO UNION-TRIBUNE. The loan was "secured" by the company''s assets and is du
FORBES'' Peter Spiegel examines consolidation in the sports marketing business and writes that "small two- or three-lawyer shops" are an "endangered species." Spiegel: "Pushing the consolidations is t
While "knowledgeable sources" say that Nike could lay off 1,500 of its employees, "the company said it hadn''t determined how many people would be let go or where," according to Jeff Manning of the Po
Nike announced that it expects its third quarter earnings ending February 28 to be between $.24 to $.28 per share, below the First Call estimate of $.38 per share. Nike added that its earnings for the
Comcast Corp. reported "much wider losses" for its fourth quarter of ''97 and the full year ended December 31, although annual revenues increased 21.6%, according to Richard Morgan of VARIETY. Comcast
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
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.