All articles by BRAIN Staff
SAN MATEO, Calif. (BRAIN) — Shares of GoPro plunged in after-hours trading Wednesday after the action camera maker reported a surprising fourth-quarter loss of $11.4 million, or 8 cents a share, compared with a year-earlier profit of $144.9 million.
BEND, Ore. (BRAIN) — Knight Composites has joined Carmichael Training Systems' CTS Athlete Perks program, offering discounts on the carbon wheel brand's products to CTS-coached athletes. CTS and Knight will roll out the program next week.
DUARTE, Calif. (BRAIN) — Folding bike maker Dahon has signed an agreement with Columbus, Ohio-based Oris Intel to use the company's Prowl software to support its North American dealers in MAP compliance.
HELSINKI (BRAIN) — Mavic's owner, Amer Sports Corp., is reporting net sales of 783.7 milion euros ($870 million) in the fourth quarter of 2015, up 6 percent in local currencies from its sales in the same period in 2014. Gross margins increased to 43.8 percent from 43 percent in the prior year.
MIAMI (BRAIN) — J&B Importers has concluded its third annual sales summit, a meeting between its sales staff and representatives from 23 different J&B vendors.
FORT COLLINS, Colo. (BRAIN) — Mike Gann has been promoted to president of Niner Bikes, as company founder Chris Sugai, who previously held the president title, steps away from day-to-day operations to focus more on bike advocacy.