BNET Business Dictionary
Business Definition for: Blowout
- the rapid sale of the whole of a new stock issue
Wiktionary Definition for: Blowout
- a sudden puncturing of a pneumatic tyre / tire
- a sudden release of oil and gas from a well
- a social function, especially one with large quantities of food
- ''(sports slang)'' A sporting contest that is decidely one-sided and whose outcome is no longer in doubt. Often occurs when one team is superior to the other.
- Ex: ''The game between the two teams was nothing but a '''blowout'''.''
- (Australia) an extreme and unexpected increase in costs, such as in government estimates for a project.
Additional Resources
- Blowout adjusts depreciation time. (Blowout Entertainment)
- Blowout Entertainment, in anticipation of a possible public stock offering, is the latest retailer to begin accelerating its tape depreciation. Blowout, a subsidiary of revenue-sharing distributor Rentrak Corp., operates 155 rental stores inside Blowout Entertainment, in anticipation of a possible public...
- Research articles 1996-02-23
- Statoil ASA fined NOK80m for North Sea gas blowout
- NORDIC BUSINESS REPORT-24 November 2005-Statoil ASA fined NOK80m for North Sea gas blowoutC1994-2005 M2 COMMUNICATIONS LTD http://www.m2.com The Norwegian oil company Statoil ASA has received a fine of NOK80m for a gas blowout on the Snorre A platform in the North Sea. According to Statoil the blowout, which...
- Research articles 2005-11-24
- Movie Gallery Signs Definitive Agreement to Purchase Approximately 90 Stores From BlowOut Entertainment, Inc.; Transaction Includes 79 Outlets in Wal-Mart
- DOTHAN, Ala.--BUSINESS WIRE--March 22, 1999--Movie Gallery, Inc. (Nasdaq/NM:MOVI) today announced the signing of a definitive purchase agreement for the purchase of substantially all of the assets of approximately 90 stores from BlowOut Entertainment, Inc. BLWT for $2.4 million. BlowOut operates video specialty stores within the stores of mass merchant retailers...
- Research articles 1999-03-22
- AUST GOVT "NOT AT FAULT" FOR US$804 MLN HEALTH COVER BLOWOUT.
- CANBERRA, May 7 Asia Pulse - A report by the audit office said the A$1.5 billion (US$804.75 million) blowout in the cost of the 30 per cent private health cover rebate was not the government's fault. The auditor-general said the scheme's cost had blown out to about A$6.62...
- Research articles 2002-05-07
- Stern lessons. (how the Lee B. Stern and Co. blowout happened)(includes related article)
- The trading scandal that rocked the Chicago Board of Trade on Oct 21, 1992 is reexamined to draw lessons for brokers, clearing firms and exchanges. During that fateful day, in less tahn half an hour, trader Darrell Zimmerman caused Lee B. Stern and Co to lose $8.5 million and its...
- Research articles 1993-02-01
- NAB heads for $400m blowout.
- Feb 18, 2002 The Australian Financial Review ABIX via COMTEX -- National Australia Bank NAB is facing a possible cost blowout of $A400m on a new management computer software system. The project is currently almost $A200m over budget. Sources say costs could blowout by...
- Research articles 2002-02-17
- Blowout Entertainment Reports Results for 1996
- PORTLAND, Ore.--BUSINESS WIRE--March 3, 1997--Blowout Entertainment, Inc. (NASDAQ: BLWT) today reported fiscal 1996 revenue of $30,349,184, compared to 1995 revenue of $10,718,489. For the year ending Dec. 31, 1996, the company reported a net loss of $7,254,804 or $3.60 per share, compared to a net loss in...
- Research articles 1997-03-03
- UCLA plays its part in blowout
- Byline: ROB MOSELEY The Register-Guard A blowout takes two elements: One team gets hot, and the other collapses. That was the case Thursday, as Oregon posted its biggest win ever against UCLA, beating the No. 13 Bruins 91-62 at McArthur Court. "It...
- Research articles 2002-02-01
- Blowout in costs spoils Bendigo's celebration.
- Feb 17, 2003 (The Sydney Morning Herald - ABIX via COMTEX) On 17 February 2003, Australian community bank, the Bendigo Bank, reported an improved interim profit. The company posted a 30 increase in net profit to $A25.4m for the six months to 31 December 2002,...
- Research articles 2003-02-17
- Air Force advances with another blowout
- So faulty in their final four regular season games that cost them an NCAA bid, the Air Force Falcons have been close to perfect in the NIT. For the first 13 minutes of their 83-52 blowout of Georgia on Monday night at the Air Force Academy, Colo., the...
- Research articles 2007-03-20
- Warnings of Boston Tunnel Blowout Apparently Unheeded.
- The Boston Globe Knight Ridder/Tribune Business News Dec. 5--A Big Dig design firm explicitly warned project managers two years ago that a series of last-minute construction changes in the Fort Point Channel might lead to water leaks and "a potential blowout" in a...
- Research articles 2001-12-05
- Pickups, SUVs Fuel Blowout Month of Vehicle Sales in April.
- By Nancy Dillon, Daily News, New York Knight Ridder/Tribune Business News May 2--America's love affair with pickups and SUVs helped drive another blowout month of vehicle sales in April. Turbo-charged incentives programs, low inflation, rising incomes and a glimmer of a...
- Research articles 2002-05-02
- Quarter-panel-consuming blowout catches Kenseth by surprise
- INDIANAPOLIS -- Matt Kenseth knew his right rear tire was wearing out but never expected the resulting blowout to tear up his fender in the process, the most serious incident on a day when the strategy in the Allstate 400 at the Brickyard was nursing Goodyear's tires. ...
- Research articles 2008-07-28
- FIRST EARNINGS NEWS ISN'T 'BLOWOUT,' BUT ISN'T BAD EITHER Dow Jones is flat, Knight Ridder, E.W. Scripps and Washington Post up
- So maybe 2002 wasn't as bad as we thought it was. First up in the fourth-quarter and year-end earnings were Dow Jones & Co. Inc., Knight Ridder, E.W. Scripps and Washington Post Co. and they all had results that were better than any in at least six...
- Research articles 2003-01-27
- Prima Energy Corporation Reports The Blowout of the Cave Gulch 1-29LAK Well
- DENVER--BUSINESS WIRE--Aug. 13, 1998--Prima Energy Corporation (NASDAQ:PENG)("Prima"), was notified this morning by Barrett Resources Corporation, the operator and 70% working interest owner of the Cave Gulch 1-29LAK well, that the well blew out at approximately 2:00 a.m. Mountain Time this morning.The well is currently venting natural gas to the atmosphere....
- Research articles 1998-08-13
- Apple Q2 Earnings: Another Blowout Quarter
- Steve Birenberg submits: Apple AAPL reported another blowout quarter with revenues and gross margins far exceeding expectations and driving EPS to $1.33 vs. consensus of $1.09 and whisper numbers in the $1.15 to $1.20 range. Guidance is typically conservative and about 10% below current analyst estimates which is...
- External links 2009-04-22
- AUSTRALIA'S PRIME TELEVISION BLAMES OLYMPICS FOR PROFIT BLOWOUT.
- SYDNEY, March 18 Asia Pulse - Prime Television Ltd (ASX:PRT) today blamed the Sydney Olympics for a profit blowout that caught the attention of the Australian Stock Exchange ASX. ASX assistant companies director Shirley Brown wrote to Prime last week after the company's first half pre-tax profit jumped...
- Research articles 2002-03-18
- Fertiliser's restructure blowout impacts on explosives maker.
- Sep 18, 2005 (The Australian - ABIX via COMTEX) -- Incitec Pivot's restructuring cost blowout has flowed on to 70 stakeholder Orica. Incitec's original estimate of $A25m in restructuring costs has more than...
- Research articles 2005-09-18
- Basis blowout could persist, but record gas prices expected
- The recent blowout in basis price differentials that has plagued many parts of the North American gas market, and most acutely apparent in the differentials between gas prices at the AECO trading hub in southern Alberta and Nymex, may well last through this winter heating season.Nonetheless, gas prices for 2006...
- Research articles 2006-01-01
- TNT Vacations Announces Winter Blowout Sale
- BOSTON -- TNT Vacations, New England's largest Bermuda, Caribbean, and Mexico vacation company, launched its Winter Blowout Sale featuring the lowest prices of the season to 28 tropical destinations. From January 21st through the 28th, TNT Vacations will be offering unbeatable values to some of the most popular hotels...
- Research articles 2005-01-21
