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Under Armour And Nike See Increase In Consumer Mindshare Due To Olympics
Friday, August 19, 2016 - 12:06pm | 349The Olympics are certainly about top global athletes coming together and competing for national pride. But the event is also a huge opportunity for a number of companies to capitalize on the massive worldwide audience. With this year’s Rio Games set to wrap up on Sunday, the latest data from...
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3 Recent Deals Show Discovery Communications Management Building A 'Foundation For Future Growth'
Friday, August 12, 2016 - 4:11pm | 291Argus analyst Joseph Bonner highlighted Discovery Communications Inc. (NASDAQ: DISCA) as a Value Stock on Friday, reiterated a Buy rating and $40 price target on Class A shares. The report pointed out three main reasons for the firm’s bullishness: The robust constant currency revenue...
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Are The Olympics Profitable?
Wednesday, August 10, 2016 - 5:33pm | 466The Olympics are all about the spirit of international athletic competition. But there’s no question the games are a major big-money event as well. Global cities fight over the right to host the Olympics, and the honor is seen as a feather in the city's cap when it comes to its...
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Stronger Subscriber Numbers Earn Comcast A Price Target Increase From Argus
Monday, August 8, 2016 - 4:36pm | 345Argus increased the price target on Comcast Corporation (NASDAQ: CMCSA) shares from $72 to $81 citing strong subscriber metrics. The brokerage maintains its rating of Buy on the stock. Analyst Joseph Bonner believes the cable firm has strong prospects from Rio Olympics despite mixed second-quarter...
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NBC Outlines Goals For Fall, Discusses Programming During Olympics
Wednesday, August 3, 2016 - 6:43am | 400At the annual meeting of the Television Critics Association's summer panel-fest, Comcast Corporation (NASDAQ: CMCSA)'s NBC used its time to talk to the media about a few burning questions…namely how to not repeat old mistakes. Analysts had used NBC as a whipping post for years...
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Rio Drug Dealers Brand Cocaine Bags With Olympics Logo
Tuesday, July 26, 2016 - 11:31am | 260There has been a lot of unfortunate news out Rio these past couple months. The latest shows some savvy Rio entrepreneurs taking advantage of the 2016 Summer Olympics. Author Alex Cuadros pointed out how Rio cocaine dealers are now using the Olympic logo on their dime bags. However, the label...
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The Rio Olympics Are Off To A Disastrous Start
Monday, July 4, 2016 - 11:14am | 542Five weeks before the 2016 Olympics are to be held in Rio de Janeiro, the news is awash with embarrassing and in some cases downright gruesome headlines that call into question the safety or even feasibility of holding the games in Rio. Last week, a human foot washed up on Copacabana beach,...
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Rio Olympics & 'The Perfect Storm': Will The Games Be Held Anyways?
Sunday, June 5, 2016 - 1:25pm | 359The Summer Olympic Games will be held in Rio de Janeiro, Brazil, starting August 5. However, the Latin American country has some pressing problems to worry about, as its economy continues to tumble, the political crisis accentuates, corruption scandals emerge over and over again, and the Zika...
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Visa To Preview Debit Ring With Rio Olympians
Friday, June 3, 2016 - 12:51pm | 248How about showing a ring (rather than a debit card) at the payment counter? This could be the future as Visa Inc (NYSE: V) will be testing a wearable debit ring at Rio Olympics via its 45 sponsored athletes. The Visa payment ring is NFC-enabled, allowing athletes to make purchases by simply...
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Athletic Will Remain The Strongest Footwear Trend In 2016
Friday, June 3, 2016 - 12:13pm | 322Citi analyst Corinna Van der Ghinst recently met with Shoe Carnival, Inc. (NASDAQ: SCVL) management at the Citi Retail Seminar to discuss the latest trends in footwear. According to Van der Ghinst, the athletic segment is as strong as ever. Shoe Carnival sees strong growth across the boards in...