Golf Sports Blog > Golf Balls - Callaway Golf Co Releases Preliminary Q3 2006 Results

[Golf Balls] Callaway Golf Company (NYSE:ELY) today announced preliminary results for the third quarter ended September 30, 2006. Based on current information, net sales are expected to range from $193 million to $195 million, with a corresponding loss per diluted share ranging from $0.17 to $0.19.

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[Beginnergolfing.com] » Golf Business - Beginner Golfing: the global supercomputer leader announced yesterday that the Cray XD1 supercomputer is now an essential part to the development of PING golf clubs. The XD1 supercomputer, made by Cray Inc., is able to process the preliminary testing of new golf clubs with greater detail in only a fraction of the time.

[Jimcramerblog.com] Jim Cramer Blog - Stock Market Quotes - Business News - Financial News: (NASDAQ:HWAY - News) shares gained 14% after the company reported fourth-quarter earnings of $14 million, or 38 cents a share, compared with $8.34 million, or 23 cents a share, during the same period in the prior year as the company's sales and gross margin rose. Analysts had expected per-share earnings of 37 cents.

Canadianbusiness.comhttp://www.canadianbusiness.com [Canadianbusiness.com] Callaway Golf Company Releases Preliminary Third Quarter 2006 ...: These estimates could differmaterially from the Company's actual results if the information on which theestimates were based ultimately proves to be incorrect or incomplete. Inaddition, statements used in this press release that relate to future plans,events, financial results, performance or prospects, including statementsrelating to estimated earnings growth for 2006, anticipated improvement ingross margins in 2007 and the 2007 re-launch of the Top-Flite brand, areforward-looking statements as defined under the Private Securities LitigationReform Act of 1995.

[Golfstuffreview.com] Golf Stuff Review Blog - Golf News - Golf Equipment Reviews: http://www.golfstuffreview.com/index.cfm/2005/9/30/Callaway-Golf-Restructures----Ryder-Cup--Lehman-to-combine-WoodsFuryk Callaway Golf Company (NYSE:ELY), the second largest Golf manufacturer behind The Acushnet Company, today announced that the Company is implementing several company-wide initiatives expected to improve Callaway Golf's business processes and reduce the Company's overall expenses by approximately $70 million over a two year period, with between $50 and $60 million in savings expected in 2006. The cost of implementing these initiatives is expected to result in charges totaling approximately $12 million, with approximately $6 million to be taken in the third quarter of 2005.

[online discount coupons] Callaway Golf Lands in the Rough (BusinessWeek... : Callaway Golf`s share price plunged more than 11% on Oct. 17, as investors tore up the company`s preliminary third quarter results and disappointing sales of Top-Flite and Hogan products.

http://www.wallstreetnuggets.com [wall street nuggets] No Celebration of DJIA Hitting 12K: Some significant bumps in the road like the producer price index number and an INTEL downgrade ahead of its earnings announcement, set the tone early and, despite some recovery toward the end of the day, the celebration will have to wait awhile before we cross the elusive 12,000 threshold.  However, it was a piece of cake to predict that the U.S. projected population would cross the 300,000,000 mark today!

[Golf Balls] Golf Balls - BASEBALL: Detective Jeff Franklin was hitting golf balls into a cornfield next to his house in Paoli. And when Franklin entered the field to pick up his golf balls, he found a marijuana plant.

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