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Tweet Pic Of The Day....

Published in SportsBusiness Daily on 09 / 16 / 14

Broncos VP/PR Patrick Smyth posted this photo of coach John Fox congratulating Sports Authority Field at Mile High electrician  Mike Gray on his 13 years with the team.

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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

11/19/97
CFL STAMPEDERS, FEELING TIMES ARE RIGHT, LOOK TO GO PUBLIC

The CFL Calgary Stampeders will conduct an IPO of C$2.5M on the Alberta Stock Exchange, "making them the first Canadian-based football club to go public," according to Gayle Macdonald of the Toronto G

Tags: CFL, Finance

11/14/97
SPORTSLINE'S FIRST DAY OF TRADING A SUCCESS AS STOCK RISES

Fort Lauderdale-based SportsLine USA''s stock "soared" nearly 22% in its first day of trading, according to David Altaner of the Fort Lauderdale SUN-SENTINEL. SportsLine sold 3.5 million shares, openi

Tags: Finance

11/12/97
MONARCHY/REGENCY POUNCES ON PUMA, DOUBLING ITS STAKE

Entertainment company Monarchy/Regency has increased its shareholding in Germany-based Puma AG from 12.5% to 25%. Monarchy/Regency purchased its initial stake in the company last November (Monarchy/Re

Tags: Finance, Puma

11/12/97
SEIZE THE MARMENT: CT-BASED MARKETING GROUP ACQUIRES EMG

CT-based The Marment Group has acquired 50% of NY-based entertainment and marketing firm, Entertainment Management Group (EMG). Terms were not disclosed. EMG''s clients will form the basis of a new en

Tags: Finance

11/11/97
MARRIOTT TO CHAMPION 20 NEW SPORTS BARS AND RESTAURANTS

MD-based Marriott International "intends to spend $447,000 to purchase the rights to the Champion Sports memorabilia brand, part of a push to open sports-oriented bars and restaurants," according to t

Tags: Finance, Marriott

11/06/97
FASHION TRENDS LEAD TO A DROP IN SALES FOR ATHLETIC SHOES

Industry experts say that sales in the athletic shoe market "will be flat this year, mainly because of an unexpected drop in basketball shoe demand," according to CNBC''s Amanda Grove on "The Edge." F

Tags: Converse, Fila USA, Finance, Nike, Washington Nationals

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