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Finish Line Reports Dip In Q4 Earnings Despite Uptick In RevenuePublished in SportsBusiness Daily on 03 / 27 / 15
Finish Line reported a decline in Q4 earnings and "warned that profits in the current year may miss expectations," as the sports-apparel retailer has "struggled lately in a retail environment dogged by more promotions and lower mall traffic." The company's earnings fell 5% to $40.8M despite revenues...
Atlanta-based Bull Run Corp. "has struck an investment agreement that could lead to" a 20% stake in MO-based sporting goods company Rawlings, according to Al Stamborski of the ST. LOUIS POST-DISPATCH.
CNN''s Lou Dobbs reported that Nike fell yesterday 2 1/8 to 48 3/4. Dobbs added that Donaldson, Lufkin and Jenrette trimmed Nike''s earning estimates, expecting international sales to fall rapidly" ("
Arnold Palmer Golf said its Chair & CEO George Nichols and President Roger Helms have resigned from the company, according to the WALL STREET JOURNAL. John Lupton, Chair of the board''s Exec Committee
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
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
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
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
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
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
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