Play by Play: Columbia Sportswear (Nasdaq: COLM) Appoints President and CEO as Board Chairman and Dover Motorsports (NYSE: DVD) Reports Q4 2019 and Year-End Results
Kobe Bryant - Retrospective of a Legend
Point Roberts, WA and Delta, BC - January 30, 2020 (Investorideas.com Newswire) Investorideas.com, a leader in investor news and research issues today's edition of Play by Play covering what's new in sports headlines and recent news from publicly traded companies in the sector.
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Play by Play: Columbia Sportswear (Nasdaq: $COLM) Appoints President and CEO as Board Chairman and Dover Motorsports (NYSE: $DVD) Reports Q4 2019 and Year-End Results
Stocks discussed: (NasdaqGS:COLM) (NYSE:DVD)
Columbia Sportswear Company (NasdaqGS:COLM) has announced that its Board of Directors has appointed company President and CEO Tim Boyle as Chairman of the Board. The Board then formalized a Lead Independent Director role on the Board, appointing long-time serving member Andy Bryant. Tim Boyle, Chairman, President and CEO of Columbia, commented:
"We feel fortunate to have a seasoned leader like Andy as a strong independent voice on our Board. Andy's wealth of experience at Intel has led him to be a source of tremendous insight for our Board and I look forward to working even closer with him as he serves as Lead Independent Director."
Dover Motorsports, Inc. (NYSE:DVD) has reported its results for the fourth quarter and year ended December 31, 2019. According to the press release, "Revenues for the fourth quarter of 2019 were $20,794,000 compared to $20,751,000 in the fourth quarter of 2018. Operating and marketing expenses were $12,255,000 in the fourth quarter of 2019 compared to $12,293,000 in the fourth quarter of 2018." For the year, revenues were $45,963,000 at the end of 2019, down from 2018's year-end revenue of $47,016,000. Furthermore, expenses came to $42,288,000 at the end of 2019, which was up from $39,872,000 the year prior.
Kobe Bryant - Retrospective of a Legend
Kobe Bryant died, along with eight others including his 13-year-old daughter Gianna Bryant, in a helicopter crash on January 26 in Calabasas, California. The 41-year-old's tragic demise prompted an outpouring of mourning, condolences and tributes from fans, celebrities, politicians and fellow athletes. NBA legend Michael Jordan described Bryant as "a little brother", saying:
"We used to talk often, and I will miss those conversations very much. He was a fierce competitor, one of the greats of the game and a creative force. Kobe was also an amazing dad who loved his family deeply - and took great pride in his daughter's love for the game of basketball."
- from CNBC
A shooting guard, Bryant became an NBA player straight out of high school in 1996. He played all 20 seasons of his professional career with the Los Angeles Lakers before retiring in 2016. Bryant was an NBA All-Star 18 times, won five championships and was the youngest player in league history to reach 33,000 points at age 37. Bryant still holds the shooting guard records for points with 33,463, free throws with 8,378 and turnovers completed with 4,010. And as a career-long Laker, Bryant set the record for most points scored in one arena with 16,161. These achievements represent only a sample of his prowess as a player. As his retirement loomed, a Reuters article called him "arguably the best player of his generation."
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