American Capital Continues Stock Buy Back

American Capital, Ltd., which owns Confluence Holdings Corp. and Riddell Sports Group Inc., acquired another 9.1 million shares of its common stock, or 2.8 percent of the company's outstanding shares as of March 31, in the second quarter. The company

Nordstrom Plans First New York City Store

Nordstrom is planning to open its first flagship department store in Manhattan. According to The New York Times, Nordstrom has signed a deal to open a seven-story, 300,000-square-foot store inside a planned skyscraper on 57th Street, east of Broadway…

Pope Benedict Praises Team Sports

Team sports such as soccer can educate participants and spectators in important values, including self-sacrifice and respect for one's adversaries, Pope Benedict XVI said in a message to participants in the European Cup soccer tournament…

Easton-Bell Plans to Consolidate Rantoul Operations

Easton-Bell Sports, Inc. plans to build a modern new distribution, assembly and shared services center in Rantoul, IL to consolidate it operations there under a single roof. The proposed center would employ 300 and serve as one of the company’s prim

Shopkick, MasterCard Partner on Rewards Program

Shopkick began offering Wednesday MasterCard cardholders the ability to earn kicks, its proprietary reward currency, when they link their credit card to Shopkick’s Buy & Collect program and make qualifying purchases. Kicks can be redeemed for gift c

U.S. Forest Service Buys 6,000 Spot Devices

Spot LLC said the U.S. Forest Service purchased 6,000 Spot Satellite GPS Messenger devices and satellite service to enhance employee safety. Spot messengers have initiated more than 1,800 rescues worldwide since Globalstar introduced the product in 2007..

New Balance Releases First Responsible Leadership Report

New Balance released its first comprehensive Responsible Leadership report this month that offers a deeper look into the company’s history, culture, values and sustainability efforts. It outlines the challenges faced by the company, initiatives to a

Mountain Gear, Mammut Complete Paradox Sports Project

Outdoor retailer Mountain Gear recently wrapped up an exciting mountaineering and climbing collaboration with athletes from Paradox Sports, a non-profit organization that provides inspiration and opportunity to the disabled community, and Mammut, a Swiss

Shock Doctor Acquires Cutter Gloves

Shock Doctor, the leading mouthguard company, has acquired Cutters Gloves. Based in Phoenix, AZ, Cutter's founders, Jeff and Laura Beraznik, will continue to be involved in the business. Tony Armand, CEO, Shock Doctor, said, “Cutters is a perfect add

Summit Sports Births New Snowboarding Site

Snowboards.net has re-emerged with an enhanced user experience under Snowboards.com, according to its parent company Summit Sports, Inc. The revamped site offers a content-rich and informed shopping experience and is accessible independently as well as th