Nautilus, Shareholders Face Off at MeetingBy: Pamela Kufahl Vancouver, WA This month, Nautilus Inc. will find out whether shareholders agree with the direction the company is taking or whether they want to go with... Inside ManufacturersStar Trac Supports Dinosaur Dash Run Star Trac supported and cheered 10K runners during the Tustin Public Schools (CA) Foundation's 17th Annual Dinosaur... Nautilus Restructures, Says No to Shareholder GroupVANCOUVER, WA -- Nautilus Inc., under siege by its largest shareholder Sherborne Investors, has turned down that group’s request to replace four of the Nautilus board members with Sherborne representatives. In addition, the company has restructured, making appointments to four positions, two of which are newly created. ... Strive, Steelers Team UpThe Pittsburgh Steelers and the United Way of Allegheny County teamed with the Boys & Girls Clubs of Western Pennsylvania and Strive to create the Steelers... Companies Partner To Meet HD DemandsBv Entertainment and SuperPlasma have teamed up to meet the growing demand to upgrade fitness facilities' TVs to the new HD digital broadcasting format.... Mad Dogg Wins SuitMad Dogg Athletics (MDA) won a cyber-piracy lawsuit against NYC Holding for trying to use SPNERGY as its trademark, according to a statement by MDA. MDA... Nautilus Shareholders To Meet in DecemberBy: By Pamela Kufahl Vancouver, Wa As Robert S. Falcone moved into the role of president and CEO of Nautilus Inc., last month, the company faced more troubles, particularly... Life Time Fitness Revenue Up Almost 26 PercentBy: By Pamela Kufahl Eden Prairie, Mn Third quarter 2007 revenue for Life Time Fitness Inc., Eden Prairie, MN, grew 25.8 percent to $169.5 million from $134.7 million during... Matrix Sales RiseMatrix Fitness Systems' U.S. third-quarter sales increased by 98 percent over the corresponding 2006 period, the company announced. Over the same time... Bidding for CustomersThe online bidding that consumers have become accustomed to in the travel industry is now moving into the fitness industry with the launch last month... Power Plate Partners With Lady of AmericaLady of America announced it will partner with Power Plate North America to integrate Power Plate pro5 Acceleration Training machines into its clubs.... Octane Fitness HonoredSpecialty News named Octane Fitness the best supplier in the club industry for 2007. Octane Fitness also had the top-selling elliptical for the third... Cybex Reports Growing Revenue in Third QuarterBy: By Pamela Kufahl Medway, Ma Third quarter 2007 net sales for Cybex International increased by 9 percent to $32.6 million, the company announced last month. The figures... Nautilus Appoints CEO as Trouble ContinuesBy: By Pamela Kufahl, editor Robert S. Falcone, who has been interim president and CEO of Nautilus since August 2007, was appointed as CEO of Nautilus this month, just two days before the company announced a net loss of $13 million in the third quarter 2007. Net sales for the third quarter were $134 million, compared to $159.6 million for the corresponding period last year, down 16 percent. ... Cybex Revenue on the RiseThird quarter 2007 net sales for Cybex International increased by 9 percent to $32.6 million, the company announced. The figures compare to $29.9 million for the corresponding 2006 period. The company attributes the growth to strong sales of the company’s cardio products and continued growth in the commercial equipment market. ... Matrix Third Quarter Sales Grew 98 PercentMatrix Fitness Systems’ U.S. third-quarter sales increased by 98 percent over the corresponding 2006 period, the company announced. Over the same timeframe last year, global sales grew 55 percent.... Fiserv to Acquire CheckFreeBy: Pamela Kufahl BROOKFIELD, WI Fiserv Inc. is acquiring CheckFree Corp. for $4.4 billion, the companies announced. Under terms of the agreement, CheckFree shareholders... Nautilus Inventor Arthur Jones DiesBy: Stuart Goldman VANCOUVER, WA Arthur Jones, the inventor of Nautilus training equipment and a pioneer in strength training, died Aug. 28. He was 80. Jones' son, William... Nautilus Lets Go CEOBy: Jennipher Shaver VANCOUVER, WA It was little surprise to most analysts when Gregg Hammann stepped down as president and chief executive officer of Nautilus Inc. last month.... Life Time Earnings and Memberships IncreaseBy: Pamela Kufahl EDEN PRAIRIE, MN Membership growth and in-center revenue led Life Time Fitness to a 33 percent increase in second quarter earnings, according to the company.... Internet Company Offers Health Club Search EngineBy: Stuart Goldman NEW YORK While spending a lot of time in front of the computer building Internet-based companies over the last seven years, Howard Lerman admits he put... Sports Art Fitness Celebrates 30 YearsBy: Jennipher Shaver ZHUHAI, CHINA Founded in 1977 by Paul Kuo, SportsArt Fitness is celebrating its 30th anniversary. In November, the company will celebrate with a world... Cybex Opens New Eco-Friendly PlantBy: Jennipher Shaver OWATONNA, MN Cybex International Inc. has opened a $15 million, 340,000-square-foot, eco-friendly manufacturing facility in Owatonna, MN. The new facility... Fabiano Designs Wins Two Gold's Gym Design AwardsBy: Kelsey Garrison LAS VEGAS Two Fabiano-designed Gold's Gyms won awards at the 2007 Gold's Gym International Convention in Las Vegas. The Gold's Gym in Islip, NY, won three... Nutrition Product Sales Expected to Reach $36 Billion in Next Three YearsBy: Stuart Goldman SAN JOSE, CA Product sales in the sports and fitness nutrition market are expected to reach $36 billion by 2010, according to a recent report by Global... |
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