WFMY News 2 – John Clapp studies retail at the University of Connecticut. He says it’s common for companies to cover an area with their own stores.
“It’s a game they’re playing with each other. Of course they’re trying to do well with sales but they’re also trying to block each other out,” says Clapp.
BYU Radio – Asaaf Eisdorfer, associate professor of finance at the University of Connecticut, and author of the study, “Corporate Sport Sponsorship and Stock Returns: Evidence from the NFL.” Eisdorfer’s study seeks to examine the effect on Sponsor’s stock returns after game day. Eisdorfer shares his findings.
CT Post – No matter how much it spends on technology upgrades, Connecticut will never have a city like Boston.
But it can still make investments in hardware, software, networks and data facilities that would appeal to large companies, experts say, and might prevent the next General Electric from leaving — or help to bring in its replacement.
Governing – Why are some states losing people, even as the country continues to grow? Jobs, jobs, jobs (and, in some cases, aging).
Most states are gaining residents, but a few have lost population in recent years. None are seeing major losses, but it looks as if some states’ populations will continue to stagnate or slowly decline in the years to come.
How Wins and Losses Affect Stock Prices
Scripps Media, Inc. – Of the 32 teams in the NFL, 24 play in stadiums that have sold their naming rights to large corporations. (Well, pending the name of the new home of the Los Angeles Rams; but their former home in St. Louis was sponsored by the financial services firm Edward Jones, which is included in this total.)
Some are getting relative deals: RCA and Ford pay only $1 million a year for the naming rights to the RCA Dome and Ford Field, the respective home of the Indianapolis Colts and Detroit Lions. The numbers can go as high as the $11 million a year that Levi’s pays to sponsor the San Francisco 49er’s home stadium.
The List’s Jimmy Rhoades asks…is it worth it?
WTNH News 8 – The ticker-tape that wraps around the UConn Business School brought bad news and then more bad news as people stopped to watch as the Dow closed down nearly 400 points.
The CT Mirror – It’s relatively easy to find consensus on where Connecticut must invest to improve its business climate. The bigger challenge for state government, said economists and business leaders Wednesday, will be to find the resources to invest — in transportation, information technology and higher education — as the cost of public-sector retirement benefits spikes over the next decade to 15 years.