September 11, 2017
The Michigan bankruptcy court approved a final plan that will have an estimated $2,392,000 available for distribution, not counting any professional fee holdbacks. Steph Curry Defends Under Armour
The Warriors star told the Charlotte Oberver that teammate Kevin Durant’s comments that “nobody wants to play in Under Armours” had led to a conversation between the two and that the incident is now in the past. Fed Reserve Board Approves Sale of Cabela’s Banking Operation
The approval, which had been expected, clears the final hurdle for the merger of Bass Pro and Cabela’s, after a long and tortuous process. Lacoste Buys Majority Stake in Tecnifibre
Lacoste takes an 80% share of the maker of tennis and squash racquets, strings and accessories for an undisclosed sum giving the upscale softgoods brand an entry into the equipment side of the tennis business. Jury Awards Navico $38 Million in Patent Case
An East TX jury found that Garmin had violated two of its patents on Downscan technology in making the award while the court found in favor of Garmin on a false advertising claim made by Navico. Yue Yuen Sales Accelerate in August
Revenue jumped 11.7% to $761,250,000 last month against $681,660,000, and the Pou Sheng retail subsidiary sales gained 21.6% to $ 226,044,000 from $185,917,000. CPSC Recall: Ski and Snowboard Helmets
Smith Sport Optics is recalling about 8,000 2016 and 2017 Quantum ski and snowboard helmets because the buckle on the helmet can disengage. |