Finance

How NFL Games Can Affect Sponsors’ Stock Returns

Posted on by Melissa Ferrigno

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?

Investing in Business Climate Will be a Tall Order for CT

Posted on by Melissa Ferrigno

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.

Stock Prices Affected by NFL Game Outcomes

Posted on by Melissa Ferrigno

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:

In Memoriam: Mark P. Coville ’79

Posted on by Claire Hall
Portrait of Mark P. Coville.
Mark P. Coville at the 2013 Hall of Fame (UConn School of Business)

Alumnus Mark P. Coville ’79, a 2013 inductee into the School of Business Hall of Fame who maintained a strong affinity for his alma mater, passed away on Dec. 10, 2015, after a two-year battle with leukemia. He was 58.

Coville was a managing director in BlackRock Inc.’s trading and liquidity strategy group and had a long and successful career in financial services. He graduated from UConn in 1979 with a degree in finance.Continue Reading

Careers in Finance: Perspectives from the Hartford CFA Society

Posted on by Melissa Ferrigno
Armond Hodge, president of the UConn Graduate Finance Association, moderates a panel discussion on Careers in Finance at the GBLC in Hartford.
Armond Hodge, president of the UConn Graduate Finance Association, moderates a panel discussion on Careers in Finance at the GBLC in Hartford. Panelists L to R: Jukka Lipponen, CFA, president of Independent Insurance Analysts LLC (IIA); Pamela E. Minish, CFA, vice president and portfolio manager for First Niagara Private Client; Shankar Shivakumar, CFA, founding director of Shaan Capital; and Quinten Smallwood ’08, CFA, research analyst at the Hartford Investment Management Company. (Theodoros Menounos/UConn School of Business)

On November 11th, 2015, the UConn School of Business Graduate Finance Association (GFA), in collaboration with the Office of Alumni Relations and CFA Society Hartford, hosted this year’s Careers in Finance CFA Panel and Networking Reception. Over 30 students from the Financial Risk Management (FRM), Full-time and Part-time MBA Programs were in attendance.Continue Reading