June 13, 2017
Neither stock budged this morning as the Warriors finished off the Cavaliers in five games to take their second title in three years, but we think the narrative on the NBA is shifting back in Nike’s favor as Kevin Durant took home the playoff MVP Award rather than Under Armour’s Steph Curry and, of course, Nike still has LeBron and Kyrie in its stable.
The Sports Direct shares in Finish Line are actually held in a financial instrument called a Contract for Difference, which does not give SDI any voting power or rights to sell the shares.
Net income fell 82% to NT$48,691,000 ($1.5 million) from NT$272,514,000 in 2016 even as revenues jumped 19% to NT$20,164,545,000 ($622.4 million) from NT$16,974,930,000 driven by a 45% increase in North America to NT$8,441.9 million ($260.6 million).
The two will combine efforts to “shape the future of sport” and amplify sport’s positive impact on society, they said in a joint statement.
The first lien term lenders, responding to the objections of the unsecured creditors about the disclosure documents, argue that the restructuring deal worked out in advance of the bankruptcy filing of Payless contains critical milestones, and deviating from the timetable could potentially result in the loss of DIP and exit financing conditioned on those milestones.
An OR federal court stayed Adidas’ infringement case alleging the Mega Blade 2.0 and Mega Blade 2.5 infringe on two Adidas patents for the Springblade, pending an inter partes review by the U.S. patent office on the validity of the patents.
GRMN saw the Court of Appeals for the Federal Circuit reverse an earlier ITC finding that it had infringed on Navico patents related to downscan sonar.
GTHI is recalling about 2,700 Vergo belay devices because the handle on the device can loosen and cause the device’s assisted braking capacity to malfunction.