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College Bowl Season Set To Begin, Including New Game In Montgomery

Published in SportsBusiness Daily on 12 / 19 / 14

The ’14-15 college bowl season kicks off tomorrow with five games. Financial documents filed this summer by New Orleans Bowl Inc. indicated that last year's R+L Carriers New Orleans Bowl generated $3.77M in revenue, with 58% of that via ticket sales. Last year's game drew its third straigh...

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03/02/98
UMBRO SETS REFINANCING PLAN STILL NEEDED TO BE WORKED OUT

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

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02/27/98
LES OTTEN, MORE PROFIT: AMERICAN SKIING CO. REPORTS GAINS

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

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02/27/98
LYNX AND VISUAL EDGE'S ONE-ON-ONE GET FINANCING BOOSTS

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

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02/27/98
FINANCE NOTES

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

Tags: Champ Car World Series, Finance

02/26/98
NIKE TREMORS STILL FELT; 1,500 REDUCTIONS POSSIBLE

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

Tags: Finance, Nike, Time Warner

02/25/98
NIKE SAYS ITS THIRD QUARTER EARNINGS WON'T MEET ESTIMATES

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

Tags: Finance, Nike, Salomon Smith Barney, Time Warner

02/25/98
COMCAST REPORTS WIDER THAN EXPECTED LOSSES IN FOURTH QUARTER

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

Tags: Comcast-Spectacor, Finance, Sprint

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.

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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

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