sports

The Latest “Buzz on the Street” Show: Featuring Michael Jordan and Drake eSports Investments

The Latest “Buzz on the Street” Show: Featuring Michael Jordan and Drake eSports Investments

eSports is an emerging market that many investors are becoming involved in. Gamers competing against each other at a professional level brings in millions of viewers and millions in revenue yearly. 100 Thieves is an emerging team on the eSports scen..

Under Armour to Cut 3% of Workforce, Shares Jump

Under Armour to Cut 3% of Workforce, Shares Jump

Under Armour Inc. (NYSE: UAA) said on Thursday that its restructuring program will now cost more than it previously expected: It plans to cut about 400 jobs, or about 3% of its global workforce, by March.Under Armour shares jumped nearly 7% in midda..

Dick’s Sporting Goods Misses Sales Expectations, Blames Under Armour

Dick’s Sporting Goods Misses Sales Expectations, Blames Under Armour

Shares of Dick’s Sporting Goods (NYSE: DKS) dropped more than 9% on Wednesday morning following a report that the retailer sold less merchandise during the second quarter than analysts were expecting.The sporting-goods retailer earned USD 1.20..

MGM Resorts to partner with GVC Holdings in US sports betting business

MGM Resorts to partner with GVC Holdings in US sports betting business

MGM Resorts International (NYSE: MGM) announced on Monday it would partner with Britain’s GVC Holdings PLC (LON:GVC) to create a sports betting and online gambling platform in the US.The announcement of the 50-50 joint venture skyrocketed shar..

Nike Will Not Supply Iran's Soccer Team Ahead of World Cup

Nike Will Not Supply Iran's Soccer Team Ahead of World Cup

One week out from the World Cup and international tensions are rising as Nike Inc (NYSE: NKE), an American sportswear giant, said their cleats won’t be provided for the Iranian National team following the Trump administration’s plan to r..

Finish Line Reported Fourth-Quarter Results, Shares Drop

Finish Line Reported Fourth-Quarter Results, Shares Drop

On Thursday, the Finish Line, Inc. (NASDAQ: FINL), which is an athletic retailer, announced its financial results for the fourth quarter of 2018. Shares of the company dropped 1.7% in premarket trading on Thursday after the announcement.According to..