Heelys

Source: news.google.com --- 16 days ago
Washington Times Skechers Raises Offer to Buy Heelys New York Times - 2 hours ago By REUTERS The footwear maker Skechers sweetened its offer to buy Heelys on Wednesday, sending Heelys’ shares up sharply. In a letter to the board of Heelys, which makes sneakers with a wheel in the heel, Skechers also said it might raise its latest ... Skechers offers to buy Heelys for $142.8 million cash MarketWatch Skechers Offers to Acquire Heelys for $142.8 Million (Update2) Bloomberg Bizjournals.com  - Reuters  - Forbes  - Footwear News all 232 news articles ...

Source: news.google.com --- 16 days ago
Washington Times Skechers Offers to Acquire Heelys for $142.8 Million (Update2) Bloomberg - 3 hours ago By Joseph Galante Aug. 13 (Bloomberg) -- Skechers USA Inc. made an unsolicited offer to buy Heelys Inc. for $142.8 million after an earlier proposal was rejected by the maker of wheeled sneakers. Skechers offers to buy Heelys for $142.8 million Forbes SKECHERS USA Inc. Delivers Acquisition Proposal to Heelys, Inc. MarketWatch Bizjournals.com  - Reuters  - The Associated Press  - TheStreet.com all 90 news articles ...

Source: news.google.com --- 16 days ago
Washington Times Skechers offers to buy Heelys for $142.8 million Forbes - 1 hour ago SAN FRANCISCO (Reuters) - Footwear maker Skechers USA Inc (nyse: SKX - news - people ) sweetened its offer to buy Heelys (nasdaq: HLYS - news - people ) Inc, which makes sneakers with a wheel in the heel, Wednesday, sending up Heelys shares by 13 ... SKECHERS USA Inc. Delivers Acquisition Proposal to Heelys, Inc. MarketWatch Sketchers USA Inc. makes offer for Heelys Bizjournals.com Bloomberg  - Reuters  - The Associated Press  - TheStreet.com all 81 news articles ...

Source: news.google.com --- 16 days ago
Washington Times SKECHERS USA Inc. Delivers Acquisition Proposal to Heelys, Inc. MarketWatch - 2 hours ago , , ) , the California-based specialty footwear retailer, today announced that it had made an acquisition proposal to acquire Heelys, Inc. (HLYS: , , ) for $5.25 per share in cash, or an aggregate of $142.8 million, based upon the number of ... Skechers Offers to Acquire Heelys for $142.8 Million (Update1) Bloomberg Skechers offers to buy Heelys for $142.8 million Reuters Forbes  - The Associated Press  - TheStreet.com  - RTT News all 208 news articles ...

Source: www.iht.com --- 16 days ago
Skechers USA Inc. raised its once-rebuffed buyout offer for Heelys Inc. on Wednesday as the popular sneaker company tried to acquire the maker of wheeled shoes for children. ...

Source: www.marketwatch.com --- 16 days ago
NetApp Inc. shares stumble in late trading after the storage-technology company's quarterly forecast falls short of analysts' expectations. Heelys Inc. cruises higher following a proposal to purchase the roller-skate shoes maker. ...

Source: www.marketwatch.com --- 16 days ago
SAN FRANCISCO (MarketWatch) -- Skechers USA Inc. said late Wednesday it is offering to buy Heelys Inc. for about $142.8 million in cash, or for $5.25 a share. In a letter to Heelys' board, Skechers Chairman and Chief Executive Robert Greenberg said Skechers has been exploring a potential acquisition of Heelys since December 2007 but an offer was rebuffed by Heelys' board in May. Heelys shares rose 12.9% to $5.50 in after-hours activity. ...

Source: online.wsj.com --- 15 days ago
Footware company Skechers went public with a proposal to acquire Heelys for $142.8 million, raising an offer from May that was kept private and was rebuffed by the board of the novelty-shoe company. ...

Source: www.businessweek.com --- 10 days ago
Stocks in the news on Wednesday ...

Source: www.businessweek.com --- 15 days ago
What happens to a fad stock when the fad fizzles? Maybe they just fade away. Or maybe they get acquired at an 85% discount. Skechers ( SKX ) is offering to buy shoe company Heelys ( HLYS ) for $143 million, giving Heelys' investors a chance to cash out of a company that is nothing if not a fad stock . The firm makes kids' shoes that contain hidden wheels in their soles. You've probably seen little ones rolling, not walking, down the sidewalk, through the mall, or even down subway platforms (yes, I've seen this, as dangerous as it sounds). Driven by kids' craze for their shoes, the company successfully went public in 2006. Shares rolled higher, and then thud. Last summer, the stock market realized what any parent or elementary school teacher already knows: Kids are fickle. By now, the Heelys craze seems a little long in the tooth, and the company has the financial results to prove it. The firm recently reported revenues of just $18.2 million last quarter, down from $74.3 million a year ago. Last year's profits of $12.8 million turned into a $394,000 loss. Shares are down about 85% in the past couple years. Heelys' plight reminds me of another shoe company (once) popular with the kids, Crocs ( CROX ). On Aug. 8, Crocs said it was laying off 4% of its work force, one day after reporting very weak financial results. Sales at the company mostly held steady, but domestic sales plunged 20% from a year ago, a sign of waning interest in Crocs' ...

Source: www.latimes.com --- 16 days ago
Skechers bids $143 million in cash to acquire the trendy shoemaker. Heelys Inc., the company known for its sneakers on wheels for kids and teens, might soon be rolling over to Manhattan Beach shoe retailer Skechers USA Inc. ...

Source: dallas.bizjournals.com --- 10 days ago
Wheeled footwear manufacturer Heelys Inc. has rejected Skechers USA Inc.’s unsolicited proposal to buy the company for $5.25 per share, or $142.8 million. (HLYS) (SKX) ...

Source: losangeles.bizjournals.com --- 15 days ago
The CEO of specialty footwear retailer Skechers USA Inc. has sent a letter to wheeled footwear manufacturer Heelys Inc. expressing his company's interest in acquiring Heelys. (HLYS) (SKX) ...

Source: dallas.bizjournals.com --- 16 days ago
The CEO of specialty footwear retailer Skechers USA Inc. has sent a letter to wheeled footwear manufacturer Heelys Inc. expressing his company’s interest in acquiring Heelys. (HLYS) (SKX) ...

Source: forum.mamboserver.com --- 20 days ago
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Source: www.businesswire.com --- 10 days ago
DALLAS--(BUSINESS WIRE)--Heelys, Inc. (NASDAQ: HLYS), announced today that its Board of Directors rejected Skechers USA Inc.’s unsolicited proposal to acquire ...

Source: www.foxbusiness.com --- 10 days ago
Heelys Rejects Skechers' $5.25-a-share Buyout Offer ...

Source: seekingalpha.com --- 22 days ago
Heelys, Inc. (HLYS) Q2 2008 Earnings Call Complete Story » ...