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StubHub Sees 32% Revenue Growth For Q3, But Warns Of Lower Numbers In Q4Published in SportsBusiness Daily on 10 / 20 / 16
StubHub during its Q3 that ended Sept. 30 generated $263M in revenue, up 32% from the comparable period last year, and $1.1B in gross sales, up 23%, according to earnings released late yesterday by corporate parent eBay. Baseball was credited for the growth at the ticket resale marketplace, along wi...
Starter Corp. said its third-quarter net income rose 5.5%, but that sales "were hurt" by the NBA lockout and "difficult industry conditions generally," according to the WALL STREET JOURNAL. Shares in
Florida Panthers Holdings, the parent company of the NHL Panthers and six resort hotels, lost $20M, or $.57 a share, in the third quarter ended September 30, according to Katherine Hutt of the Ft. Lau
Oakley stock "tumbled" 11%, or $1.25 a share, closing at $9.63 Tuesday on the NYSE, when the company said third quarter sales from its new footwear line were about $900,000 -- "less than what the comp
Callaway Golf announced that its net income fell 84% and sales fell almost 33% during the third quarter ended September 30, according to Bruce Bigelow of the SAN DIEGO UNION-TRIBUNE. Callaway also sai
The NFL "called off" a $600M bond offering "amid investor concerns about tackling an untested security," according to the WALL STREET JOURNAL. The bond cancellation -- along with lower TV ratings and
The NFL''s $600M bond issue "may be sold as soon as today," according to Newman & French of the WALL STREET JOURNAL. The issue "is expected to yield" about two percentage points more than the "benchma
Documents filed by News Corp. with the SEC on Tuesday indicated that it "expects to raise" $1.9B in a stock offering of 13% of Fox Entertainment Group, according to Martin Peers of DAILY VARIETY. The
Golden Bear Golf Inc. CEO Richard Bellinger "has resigned to pursue other interests," according to Ann Carrns of the WALL STREET JOURNAL. As a result, CFO Stephen Winslett has been named COO. The comp
SFX Entertainment and The Marquee Group (TMG) will "change the terms" of their deal "struck before the stock market''s dramatic sell-off in recent weeks," according to Richard Morgan of DAILY VARIETY.
TX-based Golfsmith''s bid of $10.25M for CA-based Lynx Golf, which recently filed for Chapter 11 bankruptcy, includes $8.35M in cash, and was approved by a bankruptcy court, according to Bruce Bigelow