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SEGG Media Corporation Announces Next Steps in Corporate Transition with Planned CUSIP Number Change to Strengthen Shareholder Protections
Globenewswire· 2025-07-16 12:33
Core Viewpoint - SEGG Media Corporation, formerly known as Lottery.com Inc., is undergoing a corporate transition that includes a CUSIP number change to enhance shareholder protection and market transparency while addressing concerns about illicit trading activities [1][2][3]. Group 1: Corporate Transition - The company has completed its corporate rebrand and is now trading under the ticker symbol 'SEGG' [2]. - The CUSIP change is part of a broader strategy to modernize SEGG's market identity and improve protections against negative trading practices, particularly short selling [2][3]. Group 2: Regulatory Actions - SEGG Media is collaborating with outside counsel to investigate potential illegal market activities, including naked short selling, to protect shareholder interests [3]. - The CUSIP change is seen as a protective measure in response to observed shorting patterns and potentially unlawful activities targeting the company's stock [3]. Group 3: Company Commitment - SEGG Media is committed to safeguarding shareholder value and pursuing an aggressive roadmap focused on acquisitions, innovation, and global expansion in the sports, entertainment, and gaming sectors [3]. Group 4: Company Overview - SEGG Media operates a portfolio of digital assets, including Sports.com and Lottery.com, and is focused on immersive fan engagement, ethical gaming, and AI-driven live experiences [5].
Tarkett once again achieved the EcoVadis platinum medal, confirming its ranking in the top 1% of the most responsible companies
Globenewswire· 2025-07-16 06:45
Core Insights - Tarkett has been awarded the platinum medal by EcoVadis for the second consecutive year, recognizing its leadership in corporate social and environmental responsibility [1] - The company ranks in the top 1% of 130,000 companies assessed by EcoVadis, achieving an overall score of 86/100, which is an improvement from its previous score of 81/100 [2][3] - Tarkett is the only multi-product company in the flooring and sports surfaces sector to achieve this level of rating [2] Sustainability Performance - The EcoVadis assessment evaluates companies based on four key pillars: environment, labor & human rights, ethics, and sustainable procurement [3] - Tarkett's sustainability roadmap for 2030 has been approved by the Science Based Targets initiative (SBTi) in 2023, aligning with its commitment to a low-carbon, circular economy [3][4] - The company has been recognized annually since 2023 in the European Climate Leaders ranking by the Financial Times and Statista, and received an A rating from the Carbon Disclosure Project (CDP) for its climate action, placing it in the top 2% of 24,800 assessed companies [5] Company Overview - Tarkett has over 140 years of history and reported sales of €3.3 billion in 2024 [6] - The company employs nearly 12,000 people and operates 24 R&D centers, 8 recycling centers, and 35 production sites [6] - Tarkett serves customers in over 100 countries, focusing on sustainable solutions for various sectors including healthcare, education, hospitality, and sports [6]
X @Bloomberg
Bloomberg· 2025-07-16 05:12
The NBA has officially begun the process to expand for the first time in more than two decades https://t.co/Qkc3OaIvDo ...
Sport Knows No Borders! Guizhou’s Rural Sports Documentary Our Arena Airs in Mexico
Globenewswire· 2025-07-16 05:03
Core Viewpoint - Guizhou Province is positioning itself as a leading international mountain tourism destination and wellness retreat, leveraging grassroots sports events to enhance cultural exchange and attract global attention [1][2]. Group 1: Promotion of Guizhou - Guizhou has actively promoted itself as a top international mountain tourism destination and a premier wellness retreat within China [1]. - The province's grassroots sports events, such as "Cun Chao" and "Cun BA," have gained nearly 100 billion online views, showcasing their viral popularity [1]. Group 2: International Engagement - Teams and athletes from countries including the US, Mexico, South Africa, Brazil, and Italy have visited Guizhou to participate in friendly matches and experience local culture [1]. - The events provide foreign viewers with a genuine glimpse into Chinese village life, fostering international interest and engagement [2]. Group 3: Cultural Exchange through Media - Mexico's national Channel 11 is airing the documentary series "Our Arena," which highlights the stories of six individuals from Guizhou, aiming to deepen understanding between cultures [2]. - The series emphasizes the themes of dreams, unity, and the transformation of rural China, using sport as a medium for connection [3].
LI NING(2331.HK):MORE CHALLENGES TO THE FULL YEAR GUIDANCE AFTER WEAK “618”
Ge Long Hui· 2025-07-16 03:24
Core Viewpoint - LN's retail sell-through in 2Q25 increased by only 1% YoY, which is weaker than expectations and reflects a challenging competitive landscape for sportswear brands in 1H25 [1][2]. Retail Performance - Overall retail sell-through of LN was up only 1% YoY in 2Q25, with offline retail experiencing a mid-single-digit decline due to sluggish client traffic and a 18% year-to-date decrease in points of sale [2]. - E-commerce performance was also below expectations, with only a mid-single-digit increase YoY, indicating a quarter-over-quarter deterioration [2]. - Retail discounts have steepened as LN attempts to maintain a healthier inventory balance, which stood at 4 months of sales by the end of 2Q [2]. Management Insights - Management noted that sluggish performance continued into 3Q QTD, with weakness persisting after the "618" sales campaign, indicating increased competition among sportswear brands [3]. - It is believed that maintaining the gross profit margin (GPM) at the 2024 level of 49.4% will be challenging due to ongoing pressures [3]. Product-Specific Challenges - Sales of LN's basketball products have declined by over 20% YoY, which is significant as basketball accounted for 21% of retail sales in 2024 [4]. - Although the endorsement of Yang Hansen, a newly drafted Chinese NBA player, could support LN's sales, the overall impact is expected to be limited due to other brands gaining market share through stronger endorsements [4]. Earnings Guidance and Valuation - There is a risk of downward revision in guidance, particularly if LN increases its marketing efforts in 4Q25 in conjunction with its partnership with the Chinese Olympics Committee [5]. - FY25-27E EPS estimates have been lowered by 5-7% due to anticipated weaker GPM and operating deleverage, with the target price adjusted to HK$15.7 based on a 13x adjusted 2025E EPS [6]. Overall Outlook - LN is seen as vulnerable to higher risks of earnings weakness in 2025 and likely into 1H26, although the current valuation is considered fair at low-teens forward P/E and ROE [7]. - The recommendation remains HOLD due to a lack of near-term earnings catalysts [1][7].
X @The Wall Street Journal
The Wall Street Journal· 2025-07-16 00:39
In the standings, the Atlanta Braves have been one of the most disappointing teams in baseball this season.But off the field, their Battery Atlanta home has turned them into an economic juggernaut—and the envy of the rest of baseball.⚾️ https://t.co/jTIMq2GR6v https://t.co/9Ce2LZ6D5J ...
X @The Wall Street Journal
The Wall Street Journal· 2025-07-16 00:18
When Jayden Higgins signed his rookie contract with the Houston Texans, it looked like a routine transaction. Instead, it has led to an unprecedented standoff between teams and players. https://t.co/vLe2ijyXdB ...
SharpLink Becomes World's Largest Corporate Holder of ETH, Reaching 280,706 as of July 13, 2025; Raises Additional $413 Million From July 7-11, 2025
GlobeNewswire News Room· 2025-07-15 12:00
Earns 415 ETH in Staking Rewards Since Treasury Strategy Launch on June 2, 2025 MINNEAPOLIS, MN, July 15, 2025 (GLOBE NEWSWIRE) -- SharpLink Gaming, Inc. (Nasdaq: SBET) ("SharpLink" or the "Company"), the world's largest publicly traded company to adopt Ether ("ETH") as its primary treasury reserve asset, today announced it has officially become the world's largest corporate holder of ETH with 280,706 ETH as of July 13, 2025. Key highlights include: The Company plans to continue providing detailed updates o ...
Sportradar to Release Second Quarter 2025 Financial and Operating Results on August 5, 2025
Globenewswire· 2025-07-15 12:00
ST. GALLEN, Switzerland, July 15, 2025 (GLOBE NEWSWIRE) -- Sportradar Group AG (NASDAQ: SRAD) ("Sportradar") will release its financial and operating results for the second quarter ended June 30, 2025, on Tuesday, August 5, 2025. Sportradar will also host an earnings call via webcast to discuss the results at 8:30 a.m. Eastern time on Tuesday, August 5, 2025. For more information about Sportradar, please visit www.sportradar.com Investor Relations Contact: Jim Bombassei j.bombassei@sportradar.com Press Cont ...
MMA.INC Appoints UFC Trailblazer Laura Sanko to Board of Directors to Accelerate Global Growth and Digital Innovation in Martial Arts
Globenewswire· 2025-07-15 12:00
Highlights New York, NY, July 15, 2025 (GLOBE NEWSWIRE) -- Mixed Martial Arts Group Limited (NYSE American: MMA) ("MMA" or the "Company"), an NYSE American listed innovator at the intersection of combat sports and digital transformation today announced the appointment of Laura Sanko, renowned UFC broadcaster and former professional mixed martial artist, to its Board of Directors, effective immediately. Sanko's addition to the board underscores MMA's commitment to fostering innovation and expanding participa ...