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Nike Beats Out Under Armour For Chelsea Football Apparel Deal Worth $1.1 Billion
Friday, October 14, 2016 - 9:50am | 438Read More...Nike Inc (NYSE: NKE) has announced a multiyear deal with legendary English football ("soccer") team Chelsea Football Club worth a reported $1.1 billion. Earlier in the year, Chelsea had ended its long-time partnership with adidas AG (ADR) (OTC: ADDYY). Nike is set to be the official apparel...
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Dow Sets New Intraday High; Citigroup Impresses With Earnings
Monday, July 14, 2014 - 4:44pm | 2632Read More...U.S. stocks rose as earning season unofficially kicked off with Citigroup reporting better than expected earnings. The Dow Jones Industrial average set new intra-day records, hitting an all time high of 17,088.43 as investors appear to be comfortable with holding blue chips instead of...
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Market Wrap For May 29: Investors Welcome Another Record High For The S&P 500
Thursday, May 29, 2014 - 4:41pm | 2596Read More...U.S. stocks gained on Thursday despite the Commerce Department reporting that U.S. gross domestic product declined at a one percent annualized rate in the quarter. Analysts were expecting GDP to decline 0.4 percent. Pending home sales were below expectations but investors may have shrugged off...
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Market Wrap For April 22: S&P Rises For Sixth Straight Day, Dow & Nasdaq Also Positive
Tuesday, April 22, 2014 - 4:52pm | 2838Read More...U.S. stocks rose as investors cheered recent earning reports and a positive home sales data for March. A $45 billion M&A offer also contributed to Tuesday's buying action as investors could be excited and motivated to buy stocks ahead of a few rough weeks of bearish activity. The S&P...
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Market Wrap For March 10: Markets Slightly Lower On Chinese Growth Concerns
Monday, March 10, 2014 - 4:56pm | 1832Read More...U.S. stocks closed the day slightly lower as investors digested news that China's exports dropped significantly. Philadelphia Fed Chief Charles Plosser said in a speech today that February's harsh winter likely curbed jobs growth in the month. Plosser's remarks echo similar sentiments by other...
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Market Wrap For January 27: China Concerns, Declining Home Sales, Tomorrow's Fed Meeting and Obama's Speech Keep Markets Lower
Monday, January 27, 2014 - 5:48pm | 2489Read More...U.S. stocks picked up where they left off on Friday and declined today as investors have plenty on their mind. With earnings being a mixed bag, investors are looking at emerging markets and economic data to support a bullish case for equities. On the emerging market front, investors remain...
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MANU Doesn't Win When Manchester United Wins (MANU)
Friday, August 9, 2013 - 1:35pm | 458Read More...Manchester United (NYSE: MANU) is the self-proclaimed world's biggest soccer club. As such, it would make sense that the stock rallies when the team wins: but does it? #NotWinning Unlike Charlie Sheen, the stock is not necessarily winning despite the team winning. Manchester United won the...
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Manchester United Shares Volatile As Club Looks to Big Summer Signings (MANU)
Monday, July 22, 2013 - 1:41pm | 558Read More...Manchester United (NYSE: MANU), England's most successful football club, shares have been volatile in the past few trading session as the club looks to splash close to $122 million on new summer signings. Reported targets include reigning Professional Football Association (PFA) Player of the Year...
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The Good News Keeps On Coming For Manchester United (MANU)
Tuesday, June 25, 2013 - 2:20pm | 629Read More...Barclays Premier League champions Manchester United (NYSE: MANU) have scored big lately as the future looks very bright for the financial performance of the soccer club as well as the on-field results. However, more good news could be in for shareholders as the club may see a positive revision to...
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Manchester United Just Got the Best News... That Its Rival Just Got Rich (MANU)
Monday, June 24, 2013 - 11:33am | 853Read More...That's right. Over the weekend, bitter rival of Manchester United (NYSE: MANU), Chelsea Football Club, just announced a massive new merchandising deal which could mean a significant boost to revenue for the Manchester club as it looks to renegotiate its own contract. Contract Negotiation...
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Manchester United Expands TV Deal to Boost Revenue, Awaits New CEO (MANU)
Friday, June 21, 2013 - 10:12am | 873Read More...English Premier League heavyweights Manchester United (NYSE: MANU) Friday announced that their proprietary television channel has now expanded to an additional two countries. The news comes as CEO David Gill is set to step down at the end of the month after 16 years at the helm. 56 Territories...
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Manchester United Shares Look Set to Score in New Era
Monday, June 3, 2013 - 1:50pm | 1303Read More...Global football powerhouse Manchester United (NYSE: MANU) shares could be set to perform well over the next twelve months as the self-proclaimed "world's most famous football club" reigns in a new era of management. With several catalysts set to work in the company's favor, investors would be wise...
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Benzinga Market Primer: Wednesday, May 8
Wednesday, May 8, 2013 - 6:27am | 1092Read More...Futures Flat On Strong Chinese Trade Data U.S. equity futures traded flat in early pre-market trade despite China reporting a rise in its trade balance in April. China reported that its trade balance swung back to a surplus in April of $18.16 billion vs. a deficit of $0.88 billion in March....
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Benzinga Market Primer, Friday August 10
Friday, August 10, 2012 - 7:02am | 533Read More...U.S. equity futures fell Friday following weak economic data in both China and Europe. Investors had been hoping that new economic data would be pointing to a bottom in the global economy, however the weak data dampens any hopes of a bottom. S&P 500 futures fell 4.5 points to 1396.10. In news...
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Manchester United to IPO Following Other European Clubs
Thursday, August 9, 2012 - 3:11pm | 547Read More...Manchester United (NYSE: MANU) is set to become the first football club in the world to list on the New York Stock Exchange, however, it is not the first club to go public. Clubs from Portugal to Turkey have all turned to the capital markets hoping to capture a fan base of loyal investors. The...
















