Callaway Golf Co. (NYSE: ELY), a maker of high-end golf clubs, posted a wider fourth quarter loss of 25 cents per share compared with 15 cents per share a year earlier due to fewer new product launches and lower domestic sales. The stock price tumbled $1.69 to $16.30.
Callaway Widens Losses
February 01, 2008 at 12:23 PM EST