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Red Sox shake-up: Was Devers trade a smart business move?
Yahoo Finance· 2025-06-18 19:13
Sports Business Headlines - Yahoo Finance Sports Report analyzes sports business news, including team trades and billion-dollar deals, to inform investment decisions [1] - The report features high-profile trades, media rights deals, and financial plays shaping the sports business [1] Key Events & Deals - The report covers the Red Sox Rafael Devers trade [1] - Netflix's Canelo Alvarez versus Terence Crawford superfight is highlighted [1] - WNBA's broadcast rights extension with Scripps is discussed [1] Featured Personalities & Companies - Fanatics CEO Michael Rubin teases the 2025 Fanatics Fest in New York City from June 20-22 [1] - F1 Arcade US President Jon Gardner discusses the Formula One entertainment venue and racing league's growth in the United States [1] Yahoo Finance Resources - Yahoo Finance provides free stock ticker data, news, portfolio management resources, and market data [1] - The Yahoo Finance app is available on Apple and Android [1]
WNBA champion Candace Parker on NIL
CNBC Television· 2025-06-12 21:00
NIL has been a huge reason why that the WBA has had to move forward because guess what. Now when you look at Instagram followers, they're following the women. Yeah.More than the men, right. And so what has what changed with that. Now, the WBA has to be able to then have these stars take them back to where their fans. ...
WNBA champion Candace Parker on the league's collective bargaining agreement
CNBC Television· 2025-06-12 20:00
WNBA Development & Growth - WNBA visibility is growing, emphasizing the importance of adding new teams [1] - The league needs to ensure it is heading in the right direction [1] Roster Expansion Advocacy - Increasing roster spots is crucial for player development, a point repeatedly emphasized to Neca Gumake [2] - The league should recognize the value of having 14th and 15th roster spots for player growth [3] Player & Coach Development - Player development opportunities are essential, similar to examples like Alex Caruso's G-League start [2] - Coaches also need opportunities to grow, referencing Mark Dagnel's D-League beginnings [2][3] Key Priorities - Salary improvements and increased roster spots are top priorities for the WNBA [1]
NBA star Tristan Thompson explains how he's blending blockchain and sports
CNBC Television· 2025-06-12 14:49
NBA star Tristan Thompson sits down with CNBC from Bitcoin 2025 in Las Vegas to discuss his crypto-focused projects and a missed opportunity to pursue accepting his 2015 contract in bitcoin. ...
Manchester United (MANU) Upgraded to Strong Buy: Here's What You Should Know
ZACKS· 2025-06-11 17:00
Core Viewpoint - Manchester United (MANU) has received an upgrade to a Zacks Rank 1 (Strong Buy), indicating a positive outlook based on rising earnings estimates, which are a significant factor influencing stock prices [1][3]. Earnings Estimates and Ratings - The Zacks rating system is solely based on a company's changing earnings picture, tracking the Zacks Consensus Estimate for EPS from sell-side analysts [2]. - The Zacks rating upgrade for Manchester United reflects an improvement in its earnings outlook, which is expected to positively impact its stock price [3][5]. Impact of Earnings Estimate Revisions - There is a strong correlation between changes in earnings estimates and near-term stock price movements, making the Zacks rating system valuable for investors [4][6]. - The Zacks Rank system classifies stocks into five groups based on earnings estimates, with Zacks Rank 1 stocks historically generating an average annual return of +25% since 1988 [7]. Specifics on Manchester United - For the fiscal year ending June 2025, Manchester United is expected to earn -$0.38 per share, unchanged from the previous year, but analysts have raised their estimates by 48.6% over the past three months [8]. - The upgrade to Zacks Rank 1 places Manchester United in the top 5% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10].
Does Manchester United (MANU) Have the Potential to Rally 29.16% as Wall Street Analysts Expect?
ZACKS· 2025-06-11 15:00
Group 1 - Manchester United (MANU) closed at $17.01, with an 18% gain over the past four weeks, and a mean price target of $21.97 suggests a 29.2% upside potential [1] - The mean estimate includes three short-term price targets with a standard deviation of $4.64, indicating variability among analysts; the lowest estimate is $16.90 (0.7% decline), while the highest is $26 (52.9% increase) [2] - Analysts show strong agreement in revising earnings estimates higher, with a 48.7% increase in the Zacks Consensus Estimate for the current year, indicating potential upside for the stock [12][11] Group 2 - The Zacks Rank for MANU is 1 (Strong Buy), placing it in the top 5% of over 4,000 ranked stocks based on earnings estimates, suggesting a strong potential for near-term upside [13] - While price targets are often viewed as a metric for investment decisions, they can mislead investors; analysts may set overly optimistic targets due to business incentives [7][8] - A low standard deviation in price targets indicates a high degree of agreement among analysts regarding the stock's price movement, which can serve as a starting point for further research [9]