Van Wagner Sports Invests In CineSport Puma Reports Decline In Q1 Earnings ESPN Helps Boost Disney's Q2 Income IMG Reportedly Rejected $2B Bid SMI Reports Loss Of $1.3M For Q1 Callaway Golf Sees $42M Q1 Profit UA Exceeds Q1 Earning Expectations IMG Golf Acquires IGP S&E Sources: CAA Prepping Bid For IMG IMG Memo: Do Not Discuss Company's Sale
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Van Wagner Sports Makes Minority Investment In Winik's CineSport05 / 17 / 13Marketing and sales outfit Van Wagner Sports & Entertainment has made a low seven-figure, minority equity investment in CineSport, a New Jersey-based online sports video company. CineSport, founded and run by former NBA exec Gregg Winik, provides video content to many local and national news org... Tags: Finance |
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JP Morgan Upgrades Nike To Overweight
JP Morgan yesterday upgraded shares of Nike “to overweight, giving the stock a boost in a down market,” according to CNBC's Scott Wapner. Baker Ave Asset Management CEO Simon Baker said Nike has a “multiyear product line ahead of it,” $2-3B in “free cash flow” and ...
AEG Bidders Due To Sumbit Offers Next Week
Bidders for AEG are due to submit offers for the real estate and sports conglomerate next week, sources said, although any such bids would not be binding. AEG’s investment bank, Blackstone, will reply to the bidders with further information and then set a deadline for final and best offer ...
Tags: Finance, Anschutz Properties
AEG Reportedly Down To Three Bidders
The "final three bidders" to purchase AEG are a group made up of Penguins co-Owner Ron Burkle, Lakers investor Patrick Soon-Shiong and Goldman Sachs; Guggenheim Partners; and ColonyCapital and Qatar Sovereign Fund, according to sources cited by Ray Waddell of BILLBOARD.com. A deal &ld ...
Tags: Finance, Anschutz Properties
Callaway Loses $72.7M In Q4 '12
Callaway Golf posted lower sales and a "wider loss for its seasonally slow fourth quarter as the Carlsbad company ends a rough year and takes aim at a turnaround in 2013," according to Mike Freeman of the SAN DIEGO UNION-TRIBUNE. Callaway's revenues "dipped to $118 million for the quarter, compared ...
Tags: Finance, Callaway Golf
ISC Releases FY '12 Financial Report
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Dolphins' Ross Denies Interest In L.A. Move
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Tags: Finance, Miami Dolphins, NFL, Anschutz Properties
IMG Acquires PR Firm Catalyst
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EA Receives $9.1M In Florida Tax Breaks
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Nike Profit Shrinks 18% From Umbro, Cole Haan Losses
Nike’s fiscal Q2 profit “shrank 18% as results were weighed down by $137 million in losses tied to the sale of the Umbro and Cole Haan brands, masking strong demand for the athletic-goods giant's products,” according to John Kell of the WALL STREET JOURNAL. The company's “top ...
Oregon Passes Tax Security For Nike Expansion
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