Featured Story

Dustin Johnson Serving Suspension After Positive Cocaine Test

Published in SportsBusiness Daily on 08 / 01 / 14

Golfer  Dustin Johnson  is "serving a six-month suspension from the PGA Tour after testing positive for cocaine," according to a source. Johnson on Thursday announced that he was taking a leave of absence. Under the Tour's policies, it is not required to announce any disciplinary actions f...

Read More

More Stories

10/31/97
EARNINGS REPORT: STARTER "SLUGGISH" IN APPAREL SALES

CT-based Starter Corp. reported that third-quarter net income "fell" 49% as a result of "sluggish apparel sales," according to the WALL STREET JOURNAL. The company said net income fell to $5.6M, or $.

Tags: Finance

10/30/97
INTEL AND MITSUBISHI BUY STAKE IN SPORTSLINE USA

Intel Corp. and Mitsubishi Corp. have agreed to buy "substantial stakes" in FL-based SportsLine USA, according to David Poppe of the MIAMI HERALD. SportsLine said Intel agreed to buy 537,634 shares of

Tags: Finance

10/30/97
SUN-SENTINEL LOOKS AT FINANCIAL IMPACT OF SERIES ON SOUTH FL

The "financial windfall" from hosting four World Series games "could run" $88M for the Marlins and other businesses, according to Horn & Fins of the Fort Lauderdale SUN- SENTINEL. The following number

Tags: Finance, Miami Marlins

10/29/97
HUIZENGA AGREES THAT IT'S ELWAY OR THE HIGHWAY FOR AUTO DEAL

Republic Industries Chair Wayne Huizenga has agreed to pay $82.5M for John Elway''s six Denver-area car dealerships, according to Richard Williamson of the ROCKY MOUNTAIN NEWS. Elway "received Republi

Tags: Finance

10/27/97
THE BIG BUSINESS OF BUYING AND SELLING MINOR LEAGUE CLUBS

The financial benefits of owning a minor league baseball franchise was examined by Roy Furchgott of the N.Y. TIMES, who wrote, "team owners warn that would-be baseball moguls should take a long look b

Tags: Finance, MLB, New Orleans Saints, PBA

10/24/97
CHARLES SCHWAB TAKES A BIG JUMP -- WITH SKI TEAM SPONSORSHIP

S.F.-based Charles Schwab Corp. "has inked a deal" with the U.S. Ski Team "to provide athletes with retirement plan services and brokerage firm internship opportunities" in its 263 branch offices, acc

Tags: Finance

10/24/97
FINANCE NOTES

AL-based Hibbert Sporting Goods announced the pricing of an IPO of 1,133,197 shares of common stock at $27.75 per share. The offering is being underwritten by Smith Barney, NationsBanc Montgomery Secu

Tags: Finance, NHL

10/23/97
OAKLEY AND CALLAWAY RELEASE EARNINGS REPORTS

Oakley, Inc. announced its net income for the third quarter ended September 30, was $6.8M, or $0.10 per share, compared with a net income of $15.7M, or $0.22 per share, for the comparable ''96 period.

Tags: Callaway Golf, Finance, Oakley

10/23/97
FINANCE NOTES

The Marquee Group announced that it has completed its public offering of 7.5 million shares of its common stock at $5.00 per share that will allow the company to complete its acquisition of ProServ (T

Tags: Churchill Downs Inc., Finance

10/17/97
REEBOK EARNINGS RISE ABOVE ANALYSTS' EXPECTATIONS

Reebok''s third quarter earnings rose 9% to $55.1M, up from $50.6M a year ago, according to the WALL STREET JOURNAL. Reebok''s earnings were $0.94 a share, up from $0.75 a share in the year-earlier pe

Tags: Finance, Reebok

Video Powered By - Castfire CMS Powered By - Sitecore

Report a Bug