Nike Reports Record Second Quarter Revenue and Earnings Per Share

The News Review:

- Nike Reports Record Second Quarter Revenue and Earnings Per Share
- Women-wned Businesses Faring Well in Current Economic Environment
- High River Gold Reports Third Quarter 2008 Results
- Bunny Bingo enters affiliate market
- ABC affiliate WKW launches YouNews
- JPMorgan Adds to $14 Billion CL Bet Amid Downgrades

Nike Reports Record Second Quarter Revenue and Earnings Per Share
MarketWatch 
7 million last year and pre-tax income decreased 71 percent to $20. Current year amounts are not directly comparable to the prior year due to changes in the Company’s affiliate brands portfolio. In the second quarter of fiscal 2008 the Company’s ther business segment included Converse Inc. NIKE Golf Cole Haan Hurley International LLC NIKE Bauer Hockey and the Starter Brand. Following a corporate strategic review the Starter Brand and NIKE Bauer Hockey were sold in the third and fourth quarter of fiscal 2008 respectively while Umbro was acquired in the fourth quarter of fiscal 2008. For the continuing ther businesses (Converse Inc.
Related from Softwaremonster: racle 2Q NetSales Hit By Currency Weaker IT Spend

Women-wned Businesses Faring Well in Current Economic Environment
MarketWatch 
WBCS is a regional affiliate of Women Business Enterprise National Council (WBENC) covering klahoma north Texas Arkansas and New Mexico. Founded in 1997 WBENC has become a powerhouse organization for women entrepreneurs across the country. SURCE: Women’s Business Council Southwest Women’s Business Council Southwest Donna Hegdhal (972) 717-3500 ext. 222 donna@transsynergy. comCopyright Business Wire 2008.

High River Gold Reports Third Quarter 2008 Results
MarketWatch 
HIGHLIGHTS FR THE THIRD QUARTER F 2008 Financial Results – Gold Revenue of $34. 9 million an increase of 31% from Q3 2007. – Cashflow from perations of $4. 7 million up from $1. 3 million lastyear.

Bunny Bingo enters affiliate market
Casino City Times MA 
“We also understand that to be competitive we must offer both players and affiliates real value in order to share in the growth and development of online bingo. To celebrate its launch Bunny Bingo is pleased to offer affiliates three commission structures: 30% revenue share; £30 CPA for each new player who deposits at least £10; or a hybrid of 20% revenue share and £20 CPA for each new player who deposits at least £10. Affiliates can also be assured by no negative roll-over and a 5% one-tier affiliate referral. “The team at BunnyBingo has a strong Affiliate background and we are confident we can leverage this to make the Affiliate channel one of our most successful routes to market” added Measday. “By choosing Income Access as our Affiliate Marketing partner I think we have demonstrated how serious we are about our affiliates. As a user of the Income Access affiliate marketing software the BunnyBingo.

ABC affiliate WKW launches YouNews
Radio Business Report Virginia 
WKW is Quincy Newspapers’ ABC affiliate in Madison WI and was Madison’s first TV station. YouNews developed by BIM is the leading web application powering user-generated content for local media. According to Timur Yarnall BIM CE “We’re really excited to have WKW on YouNews. They’re a fantastic station deeply connected to the community and a great partner for us. I know BIM staffers are particularly excited about the local connection and join a robust and growing YouNews base in Madison.

JPMorgan Adds to $14 Billion CL Bet Amid Downgrades
Bloomberg 
?Historic? Declines KKR?s debt-management unit KKR Financial Holdings LLCsaid in a regulatory filing last month that it expects three offive CLs it issued in 2006 and 2007 to fail valuation testsafter declines in loan prices of ?historic magnitude. ? The SanFrancisco-based company sold pools of high-yield loans to fundthe purchase of more than $8 billion of leveraged orspeculative grade loans. A KKR affiliate invested $525. 4 million in the ?juniornotes? the company?s November regulatory filing said. Interestpayments from the loans the private-equity firm bought willlikely be directed to paying down the top-rated slices of theCLs according to a KKR Financial conference call with analystson Dec. KKR Financial replaced Chief Executive fficer.

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