Click any of the archive tabs above for more news by category of interest.
All BASIC subscribers can access posted articles free for seven days from
publish date. Once archived, articles can only be accessed with a PREMIUM
or an EXECUTIVE subscription.
*******
The Latest News...
RailRiders and TeamOne Newport Team up for Sailing Apparel [PREM]
RailRiders Adventure Clothing and Team One Newport are making headway with a newly developed partnership. The companies will join forces using their combined expertise to develop a new collection of sun protective apparel specifically designed for the sailing community. Team One Newport has sold RailRiders clothing at its retail store in Newport, RI and through its online and print catalog. Now, both companies plan to expand this relationship...(11/1/2007)
Crocs Q3 Sales Increase 130% [PREM]
Crocs revenues for the third quarter increased 130% to $256.3 million compared to $111.3 million for the quarter ended September 30, 2006. Net income for the quarter ended September 30, 2007 was $56.5 million, or 66 cents per diluted share, compared to $21.5 million, or 27 cents per diluted share in 2006...(10/31/2007)
Garmin Q3 Sales Climb 79%; Earnings Grow 57% [PREM]
Garmin Ltd. third quarter revenue was $729 million, up 79% from $408 million in third quarter 2006. Outdoor/Fitness segment revenue increased 24% to $88 million and the marine segment revenue increased 17% to $48 million. Diluted earnings per share increased 57% to 88 cents from 56 cents a year ago. Excluding foreign exchange, EPS increased 78% to 89 cents from 50 cents...(10/31/2007)
Pacific Sunwear Hires Financo as Financial Advisor [PREM]
Pacific Sunwear of California, Inc. has retained Financo, Inc. as its financial advisor to identify and explore strategic alternatives for the company's 154 demo stores. On October 24, PacSun announced its intention to explore strategic alternatives for demo and to close its nine One Thousand Steps stores...(10/31/2007)
Quiksilver Inks Deal to Sell Cleveland Golf [PREM]
Quiksilver Inc. has reached a definitive agreement to sell 100% of the stock of its Cleveland Golf Company Inc. subsidiary to SRI Sports Limited, based in Japan. The transaction value is $132.5 million and is expected to close during before January 31, 2008. Bernard Mariette, president of Quiksilver, said that the company is committed to maintaining ownership of its remaining hardgoods businesses...(10/31/2007)
Bob Corliss Becomes CEO of Utix [PREM]
Robert J. Corliss, former president/CEO at The Athlete's Foot, became CEO and president of Utix Group, Inc, a leading prepaid gift tickets provider. Corlis resigned from The Athlete's Foot in May following the sale of the franchisor to NexCen Brands, Inc. in November 2006...(10/31/2007)
Cabela's Hires New CHRO [PREM]
Cabela’s Incorporated hired Charles Baldwin as vice president and chief human resources officer. Baldwin will be responsible for managing Cabela’s growing family of employees and attracting, retaining and developing talent for Cabela’s...(10/31/2007)
Garmin Makes Counter-Offer for Tele-Atlas [PREM]
Garmin intends to make a public offer for all the outstanding shares of Tele Atlas N.V. on a fully diluted basis at an indicative offer price of €24.50 in cash per share, implying an equity value for the Company of €2.3 billion. The intended Offer will be subject to tender of at least 66.67% of the issued share capital. This offer is 15% higher than an earlier offer made by Garmin's rival TomTom...(10/31/2007)
<< Previous
Next >>