Category: business

Commissioner’s goal of $25 billion in total revenue by 2027 could be too ambitious.

Murphy is stepping down in 2025 after overseeing 12 playoff appearances and a Super Bowl victory since 2008.

It’s no coincidence that Terry Pegula is willing to sell 25 percent of the equity in the Bills.

A former GM said the Rams have called teams trying to trade Matthew Stafford, which had Twitter going crazy

A new federal lawsuit accuses Fox of infringing patents for predictive analytics tools used to optimize its NFL schedule. On Nov. 29, Recentive Analytics sued Fox in a Delaware federal court, arguing the network “directly infringes” Recentive’s patents by deploying a mapping tool that “creates a schedule of events for content that occurs at discrete […]

Now that Brady’s been named as a defendant in a class action lawsuit against the crypto brand he promoted, those 11 days in August are suddenly more puzzling.

Jerry Jones made a savvy investment when he purchased the Cowboys, Forbes’ most valuable team for 12 years running. Another move he made may top it.

Billionaire Rob Walton has won the bidding for the Denver Broncos. The Walmart heir, one of the richest people in the U.S., has reached an agreement to acquire the NFL franchise, according to a statement released by the team late Tuesday night. The deal is worth about $4.6 billion, according to someone familiar with the […]

Walton-Penner family to buy Denver Broncos from Pat Bowlen Trust

The Denver Broncos are about to launch the most expensive sale in professional sports history. NFL franchises have appreciated 600% in the past 20 years, with the average club now worth $3.5 billion. The Broncos are expected to fetch more than that. But how much more? Depending on whom you ask, that’s either a hundred-million-dollar […]

Aaron Rodgers and Odell Beckham Jr. endorsed Bitcoin right around its November peak. On Monday, the cryptocurrency’s nosedive sank to nearly 52 percent.

People can spend their money how they like, but Green Bay’s offering is like “PackerCoin,” a paper version of cryptocurrency that can’t be spent anywhere.

This is the sixth stock sale in the team’s 102-year history. The last sale was in 2011. Shares cannot be sold and they do not pay dividends.

The NFL’s sportsbook partners have spent $50.7 million on in-game advertising since the NFL season began on Sept. 9, and while CBS, Fox and NBC have been quick to cash in on the new marketing category, ESPN has yet to fully jump into the fray. According to the commercial-tracking service iSpot.tv, the three broadcast networks […]

Under terms of the deal, Avast (ticker: AVST.UK) shareholders can choose to receive either $2.37 in cash plus 0.1937 Norton LifeLock shares (NLOK) for each Avast share, or $7.61 a share in cash plus 0.0302 Norton shares. At Tuesday’s closing price for Norton shares, the deal would value Avast at between $7.15 and $8.34 a share. Avast holders will own between 14% and 26% of the combined company, depending on shareholder preference for compensation.

RUTLAND, Vt., Aug. 10, 2021 (GLOBE NEWSWIRE) — Casella Waste Systems, Inc. (Nasdaq: CWST), a regional solid waste, recycling, and resource management services company, announced today that the company’s management will be presenting at the following investor conference: Raymond James Diversified Industrials ConferenceTuesday, August 24, 2021 A copy of the presentation for the conferences will be available shortly before the Company presents and may be accessed via the Investors’ section of the

ANDOVER, Mass., Aug. 10, 2021 (GLOBE NEWSWIRE) — Mercury Systems, Inc. (NASDAQ: MRCY, www.mrcy.com), a leader in trusted, secure mission-critical technologies for aerospace and defense, announced that its Torrance, Calif. facility was recognized by Lockheed Martin Rotary and Mission Systems (RMS) for its exemplary contributions to delivering advanced products and services in 2020. The RMS Elite Supplier award for providing outstanding quality and delivery is a culmination of the Torrance team’s

NEW YORK and TEL-AVIV, Israel, Aug. 10, 2021 (GLOBE NEWSWIRE) — REE Automotive, Ltd. (NASDAQ: REE) (“REE” or the “Company”), a leader in e-mobility, announced today that the Company will release its second quarter 2021 financial results before the NASDAQ market opens on Tuesday, August 17, 2021. A webcast and conference call will be held on August 17, 2021, at 08:30 a.m. Eastern time to review the Company’s second quarter results, discuss recent developments and conduct a question-and-answer se

SAN DIEGO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Codex DNA, Inc. (Nasdaq: DNAY), a pioneer in automated benchtop synthetic biology systems, today reported financial results for the second quarter ended June 30, 2021. “During the second quarter, Codex DNA took a big step forward in the evolution of our business. We successfully closed an IPO, strengthened the diversity of our leadership team and Board of Directors, enabled new downstream mRNA applications, expanded our customer base, and grew revenue

Some of the nation’s largest lenders are opting to chart their own path to forgiving pandemic-era emergency loans to small businesses.

Wall Street’s main indexes edged higher on Tuesday, helped by a rebound in oil stocks, while investors awaited a Senate vote on a much-anticipated $1 trillion infrastructure bill. After the vote on the bipartisan infrastructure bill at 11 a.m. ET (1500 GMT), the Senate will immediately begin to debate $3.5 trillion in additional investments to jump-start road and bridge-building projects over the next five years and new social programs over the next decade. With new coronavirus cases rising steadily in the United States, progress on the infrastructure package is expected to help gauge fiscal support for the next leg of recovery in the world’s largest economy.

The Canadian dollar edged higher against its U.S. counterpart on Tuesday as a rebound in oil prices offset broader gains for the greenback, with investors awaiting U.S. inflation data for clues on the outlook for Federal Reserve policy. The loonie was trading 0.1% higher at 1.2566 to the greenback, or 79.58 U.S. cents, with the currency rebounding after it earlier touched its weakest level since July 28 at 1.2589.

NEW YORK, Aug. 10, 2021 (GLOBE NEWSWIRE) — Greystone, a leading national commercial real estate finance company, has provided a $27.6 million HUD-insured loan to refinance a 228-unit multifamily property in Humble, Texas. The financing was originated by Eric Rosenstock, Managing Director in Greystone’s New York office, on behalf of Partin Properties, LLC. The $27.6 million HUD-insured 223(f) financing carries a 35-year term and amortization, along with a low fixed interest rate. Originally buil

Mixed Monday with Stocks Slipping from Record Highs

TORONTO, Aug. 10, 2021 (GLOBE NEWSWIRE) — Class 1 Nickel and Technologies Limited (CSE: NICO/OTCQB: NICLF) (the “Company” or “Class 1 Nickel”) is pleased to announce that it has issued an aggregate of 50,000 common shares (“Shares”) and granted an aggregate of 50,000 stock options to the Matachewan First Nation (“Matachewan”), further to its previously announced memorandum of understanding with the Matachewan dated March 3, 2021 (the “MOU”). The stock options are each exercisable to acquire one

BioNTech and Workday were leaders, and the Dow Jones today dipped as the Senate prepared to vote on a $1.2 trillion infrastructure measure.

The UK’s Takeover Panel stepped in to break the impasse a day after Philip Morris raised its offer for Vectura to 165 pence per share, valuing the company at 1 billion pounds ($1.4 billion). Carlyle and Vectura had previously agreed to a sweetened, 155 pence per share proposal last week. The takeover regulator has the power to instigate a formal auction process if two competing bids that have not been declared final remain on the table for the company at the end of the offer period.

Snowflake stock, the biggest software IPO ever, has pulled back. Here is what technical analysis says about buying SNOW stock.

Stock futures pointed to a mixed open on Tuesday, drifting as traders weighed concerns over the Delta variant’s latest spread against optimism over an ongoing rebound in economic activity.

The data showed that of the 2,167,504 vehicles that changed hands in the second quarter, 461,050 were black and 94,206 were Ford Fiestas.