Hartford Business Journal – Like a spurned love interest, General Electric is leaving Connecticut for what it views as a more attractive mate. Now it’s time for the state to hit the gym to re-shape its competitive prowess, industry observers say.
Finance
Internationally Recognized Real Estate Firm Invests in Students
$1.4M Gift Gives Students Practical View of Real Estate Industry
An international real estate company is giving $1.4 million to the UConn School of Business’s highly-ranked Real Estate Center to continue offering a popular course that gives students a realistic, hands-on approach to real estate.
The gift from Hartford-based Cornerstone Real Estate Advisers will make the course, “Real Estate: The Practical Approach,” a permanent addition to the Center. Prior to 2015, Cornerstone executives had been teaching the course with UConn faculty on a trial basis for three years.Continue Reading
The States with Declining Populations
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 NFL Games Can Affect Sponsors’ Stock Returns
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?
UConn Study Claims Stocks Affected by NFL Outcomes
401K Fears after Stock Market Nosedives
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.
Connecticut/Western Massachusetts SIOR Awards University of Connecticut Scholarships
Investing in Business Climate Will be a Tall Order for CT
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.
Possible GE Departure Called a ‘Glaring Black Eye’ for State
Stock Prices Affected by NFL Game Outcomes
KCBS – Ever wonder what the payoff is—other than increased name recognition—for those companies that pay millions of dollars to put their name on a sports facility? New research has found that those companies and their investors can reap rewards or suffer losses depending upon the outcomes of the high interest games in those stadiums.
For a closer look, KCBS chats with Assaf Eisdorfer, associate professor of finance at the University of Connecticut School of Business: