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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...
Hilton Hotels Corp. launched a "hostile takeover bid" for rival ITT Corp. valued at $55/share in stock and cash, or $6.5B, plus the assumption of $4B in debt, according to Lipin & Orwall of the WALL S
In L.A., Ross Newhan looks at the Dodgers sale by examining the aftermath of the five most recently sold MLB teams, including the Pirates, Padres, Cardinals, A''s and Angles (L.A. TIMES, 1/28)....N.Y.
Saints Owner and NFL Finance Committee Chair Tom Benson said the Vikings'' ten owners have signed an agreement guaranteeing that one of the ten will own at least 30% of the team, according to Sid Hart
Bankrupt uranium trader Oren Benton has offered to buy his major assets out of bankruptcy court for $110M, including a 23% share of the Rockies (ROCKY MOUNTAIN NEWS, 1/25)....In Charlotte, Panthers Ow
The image of Broncos Owner Pat Bowlen and his role in the team''s campaign for a new stadium is examined by Rick Morrissey of the ROCKY MOUNTAIN NEWS. Bowlen is asking taxpayers in a six-county area t
Senators COO Bernie Ashe is leaving the team to return to the technology industry. He will join Ottawa-based AIT Corp. as its VP/Sales. Ashe joined the Senators'' parent company, Terrace Corp., in ''9
Broncos Owner Pat Bowlen said that, despite some earlier reports, orange will remain be a "big part" of the team''s new uniforms. Bowlen: "Orange will still be the predominant color. ... We''re not ab
Upon the announcement of the completion of the sale of the Islanders to TX-businessman John Spano, NHL Commissioner Gary Bettman said an approval vote by the NHL Board of Governors may come in "less t
Houston Mayor Bob Lanier said Wednesday that "he sees no reason" why the NFL Oilers should be allowed to leave town early without the city or Harris County "getting something in return," according to
Wayne Huizenga''s effort to "beef up" his Auto Nation USA chain was profiled by Lou Dobbs on CNN''s "MoneyLine." Dobbs noted investors are showing "stunning confidence" in Huizenga with shares of his