MJ's Son Partners With Tech Startup WaitTime Nike Posts Solid Q3 Amid Adidas Resurgence GoPro To Cut 270 Full-Time Jobs Dodgers Owner Leads $100M DraftKings Investment Adidas' CCM Hockey Brand Up For Sale Again Dick's Ed Stack Outlines Plan To Grow Market Share SMI's Total Revenue For FY '16 Up 3% Churchill Downs Inc. Net Income Of $108.1M In '16 Sources: Adidas Struggles With TaylorMade Sale Minute Media Closes On $15M Investment Round
Jordan Avakian Group Partnering With Tech Startup WaitTime, Acquires Stake In CompanyPublished in SportsBusiness Daily on 03 / 23 / 17
Jordan Avakian Group, co-founded by Jeffrey Michael Jordan and Sevan Avakian, has "acquired private equity" in Detroit-based crowd-science startup WaitTime for an "undisclosed amount," according to Tyler Clifford of CRAIN'S DETROIT BUSINESS. WaitTime uses "artificial intelligence technology to provi...
adidas-Salomon reported a $165M loss in its first nine months of ''98, "triggering an abrupt drop in its share price," according to Graham Bowley of the FINANCIAL TIMES. The "unexpected decline was ex
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.