Tony Khan Buys TrueMedia Networks CDI's '14 Net Income Down 16% From '13 Carlyle Group Buying PrimeSport From Clearlake Puma Misses Q4 Earnings Estimates WWE Posts Big Revenue Gains In Q4 Stats LLC Acquires Automated Insights Under Armour Tops $3B In Revenue For First Time Disney's Cable Division Income Hurt By ESPN WWE's Stock Shoots Up After OTT Announcement WME-IMG Acquires eSports Agency
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Morning Hot Reads: No Fate But What We MakePublished in SportsBusiness Daily on 03 / 03 / 15
SPORTSONEARTH.com on the '15 MLB season: "There are people in this game who think the fuzzy feelings Spring Training often engenders have more than the usual amount of credibility. ... It's pretty darn difficult to predict what's going to happen in 2015 ." CSNBAYAREA.com goes with the ...
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.
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
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
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
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