by The Editors on June 15, 2007
TaylorMade-adidas recently cut 41 employees and more than half of those were from the Carlsbad office.
Scott Leightman, a company spokesman, said the layoffs were relatively minor for a company the size of TaylorMade-adidas, which has more than 1,400 employees worldwide.
According to golf industry watchers the industry is currently not growing. “TaylorMade-adidas appears to be properly cautious. The golf industry is not growing, said McAndrew, editor of Web Street Golf Report, and the company is being careful not to overextend itself.”
[Link: North County Times]
by The Editors on June 14, 2007
In our first poll we asked the readers of Carlsibadistan.com the following question: If we put a weekly poll up on the site would they answer it. The polling has ended and the results are as follows:
50% Would answer a weekly poll
50% Would NOT answer a weekly poll
Yes, it was a trick question. It appears that 100 percent of those voting will respond to a Carlsbadistan poll, however, they many not on future polls. Then again, only four people voted (including us).
We put a new poll up. It’s over in the right hand column and this week it’s about the Carlsbad Junk Antique shops that litter the village. Let us know how you feel. Vote often.
by The Editors on June 14, 2007
A while back, in Barring the Barrio, we mentioned that it seems like any time the people of Carlsbad decide they’d like to walk somewhere, that instead of building walkways, walls get built.
The Starbucks on the corner of Grand and Coast Highway is the most recent victim of this mentality. A silly little fence has been erected to keep people from walking from the Village Faire Shopping Center parking lot across a small strip of grass to Starbucks. A simple walkway with four steps and a handrail would have likely cost less, however, in went a wall. We wonder if this isn’t the sign of a deeper problem brewing at the Village Faire. . .
by The Editors on June 14, 2007
You leave the controls for a few days and all hell breaks lose. The Union Bank of California at 840 Carlsbad Village Drive was held up by an 18-year-old who claimed he was carrying explosives.
. . . shortly before 1 p.m. The man entered the bank wearing only a pair of board shorts and claimed he had an explosive device, a gelatin liquid in a canister, police said. . . The man told tellers he wanted all the money from the bank or he was going to “cause damage” to people inside, authorities said.
You’d think you might want to put on a little more of a disguise when you rob a bank. We guess not if you want to get caught. Maybe this bank robbery was just a cry for help.
Link: NBC Sandiego.com]
by The Editors on June 14, 2007
Maybe we should start golfing. Seems like all the business news in Carlsbad is balls deep. Check this:
Callaway Golf Co., the sports equipment-maker that sued a subsidiary of Deerfield-based Fortune Brands Inc. last year for infringing four of its golf ball patents, filed a second lawsuit against its rival, this time over five of its patents for clubs.
Balls and clubs. . . oh, yeah. One more thing: According to Forbes, Last Thursday Steven C. McCracken, the chief administrative officer, senior executive vice president and secretary of Callaway exercised 40,700 options at $16.56 then sold them for $18.60 for a nice $83,028.
[Link: Chicago Tribune]
by The Editors on June 13, 2007
The fans are helping ESPN.com and Sportcenter pick the top 32 athletes in the world and currently Carlsbad’s Shaun White is ranked number 12 between Dale Earnhardt Jr and Danica Patrick.
Shaun White. He doesn’t play a real sport? Well, there is more to life than football, baseball and basketball. The snowboarding/skateboarding whiz kid is a commercial success, an Olympic gold medalist and owner of the coolest nickname in sports, “The Flying Tomato.”
We thought he changed his nickname to “The Animal.” Hmmm.
[Link: ESPN]
by The Editors on June 13, 2007
Carlsbad’s Tony Hawk has pretty much thrown his name on anything that will pay him. But, aside from that, most of them have made sense. Even the helmet mounted video camera could somehow be tied back to skateboarding of a product that Tony would actually eat, drink, or play with. Now, Tony has handed over his name to Dynacraft bikes.
Tony Hawk bikes will be completely different than anything Dynacraft has distributed in the past,” said John Bisges, managing director at Dynacraft. “They will have higher end components, updated frames and the most cutting edge graphics ever.
Thank God for cutting edge graphics.
[Link: Bicycle Retailer]
by The Editors on June 6, 2007
We know there are flocks of private jets flying in and out of Carlsbad airport every day, but soon there will be more as Spectrum Aeronautical opens their headquarters and operations center in 8,000 square feet of office and hanger space at McClellan-Palomar Airport.
“The new location at Palomar is ideal for us. The airport provides excellent visibility for our aircraft programs, and its convenience is a real plus,” said Austin Blue, president of Spectrum Aeronautical.
The company has two jets under production: the “Independence” (model S-33 eight-place light jet) and the “Freedom” (model S-40 nine-place mid-sized jet), both are scheduled for certification by 2010. That’s perfect for us. That’s about the time we’ll need one.
[Link: Expansion Management]
by The Editors on June 5, 2007
Callaway Golf Company has announced that it plans to buy back up to $100 million dollars of common stock on the open market.
The Company will assess market conditions and buying opportunities from time to time and will make strategic repurchases as appropriate. The repurchases will be made consistent with the terms of the Company’s credit facility which defines the amount of stock that can be repurchased in any one year.
The board of directors also mentioned a $.07 dividend payable July 5, 2007. Happy 5th of July stockholders.
[Link: Canada NewsWire]
by The Editors on June 5, 2007
Chris Lokken, 31, of Carlsbad was a rider in a buggy that had broken down early Sunday morning, according to Sport News. A truck stopped and offered him a ride to the next check point. He jumped in with his helmet on, however, he was reported sitting in the cab behind the front seats with out a seat belt.
The truck was about a mile from the checkpoint when the course went up a steep hill. . . The truck couldn’t make it up. It backed up to make another try but in doing so went over the side, rolling over and over down a 100-yard ravine, Fish said. . . Lokken was thrown from the truck and his helmet came off. He died at the scene of head and internal injuries, Clark said.
Our thoughts are with his friends and family.
[Link: SportingNews.com]
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