Seeking Alpha – Football season is kicking off! So starting opening day (September 7th) the ADS ARE COMING!
Sponsorships in the NFL are big business, in 2016 sponsorship revenue generated $1.25 billion for the year. That was a 4.3% increase over 2015 despite NFL ratings issues (source). Spread out, $1.25 billion was spent over 256 games in regular season and then playoffs.
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Hartford Business Journal – When Nancy Lennert decided to transition her career from animation to marketing, one of her first steps was to enroll in UConn’s part-time MBA program.
“I wanted a more solid foundation of business knowledge, including finance and accounting,” Lennert said.
Hartford Business Journal – While many people consider the Great Recession to have lasted only two years, Connecticut’s economic malaise lasted much longer. In fact, measured by real output or gross state product, Connecticut’s economy actually shrank for seven years, even as the state regained jobs lost during the Great Recession.
New Britain Herald – When it was announced that Stanley Black & Decker was planning to demolish all nine buildings it owns east of Curtis Street and south of Myrtle Street, some residents celebrated an opportunity revitalize the corner, while others were upset that their beloved city would be losing a bit of its history.
Business Insider – Amazon and the rise of online shopping have been repeatedly blamed for the staggering rate of store closures and bankruptcies disrupting the retail industry in the US.
But e-commerce accounts for only a small fraction of the problems pushing many American retailers to the brink of death, according to Doug Stephens, a retail-industry consultant.
Hartford Business Journal – Health insurer Aetna’s decision to relocate top-level employees to New York City, while maintaining the bulk of its workforce in Hartford, is part of a nationwide management trend in which companies are increasingly separating their corporate executives from the rest of their workforce.
Norwich Bulletin – Foxwoods Resort Casino’s slot-machine revenue for June rose 2.7 percent compared with a year earlier but was down compared with May.
Mohegan Sun reported an 8 percent revenue gain for June, making it the first time in three months that both casinos reported revenue gains in the same month. But don’t break out the champagne just yet.
The increases say more about the strength of economies in neighboring states than about Connecticut’s situation, said Fred Carstensen, a University of Connecticut finance professor who is director of the Connecticut Center for Economic Analysis.
Harvard Law School Forum on Corporate Governance and Financial Regulation – Namho Kang is Assistant Professor of Finance at the University of Connecticut. This post is based on a recent paper authored by Professor Kang; Kenneth A. Froot, Research Associate at the National Bureau of Economic Research; Gideon Ozik, Affiliate Professor of Finance at EDHEC Business School; and Ronnie Sadka, Professor of Finance at Boston College Carroll School of Management.
Jeffrey Cohen, a professor of finance and real estate, served as a visiting scholar at the Federal Reserve Bank of St. Louis for four days in May. Continue Reading