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Finance

FINANCE NOTES

          UBS Securities analyst Ed Hatch lowered his earnings
     estimate for Disney stock from $3.15 to $2.96.  Merrill
     Lynch's Jessica Reif cut her profit forecast from $3.10 to
     $3.  The analysts' "shift" has pushed Disney's stock price
     down $5 since last week.  The stock closed yesterday up $1
     to $109.75.  In N.Y., Phyllis Furman writes, "Despite the
     downgrades, analysts said yesterday that Disney remains one
     of the premier entertainment companies whose earnings should
     grow by at least 16% this year" (N.Y. DAILY NEWS, 6/24).
     ...SportSite.com, an online sporting goods store, has closed
     a $5M financing round with venture capital firms J.H.
     Whitney and Draper Fisher Jurvetson (SportSite.com).

SBJ Morning Buzzcast: March 25, 2024

NFL meeting preview; MLB's opening week ad effort and remembering Peter Angelos.

Big Get Jay Wright, March Madness is upon us and ESPN locks up CFP

On this week’s pod, our Big Get is CBS Sports college basketball analyst Jay Wright. The NCAA Championship-winning coach shares his insight with SBJ’s Austin Karp on key hoops issues and why being well dressed is an important part of his success. Also on the show, Poynter Institute senior writer Tom Jones shares who he has up and who is down in sports media. Later, SBJ’s Ben Portnoy talks the latest on ESPN’s CFP extension and who CBS, TNT Sports and ESPN need to make deep runs in the men’s and women's NCAA basketball tournaments.

SBJ I Factor: Nana-Yaw Asamoah

SBJ I Factor features an interview with AMB Sports and Entertainment Chief Commercial Office Nana-Yaw Asamoah. Asamoah, who moved over to AMBSE last year after 14 years at the NFL, talks with SBJ’s Ben Fischer about how his role model parents and older sisters pushed him to shrive, how the power of lifelong learning fuels successful people, and why AMBSE was an opportunity he could not pass up. Asamoah is 2021 SBJ Forty Under 40 honoree. SBJ I Factor is a monthly podcast offering interviews with sports executives who have been recipients of one of the magazine’s awards.

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