Tuesday, June 5, 2018

#PlaybyPlay; #Trump Cancels #Eagles White House Visit, Capitals Within One Win of #StanleyCup and 131-Year-Old Rawlings Sporting Goods Being Sold for $395 Million USD

#PlaybyPlay; #Trump Cancels #Eagles White House Visit, Capitals Within One Win of #StanleyCup and 131-Year-Old Rawlings Sporting Goods Being Sold for $395 Million USD

Stocks discussed: (NYSE: $NWL), (NasdaqGS: $DISCA), (TSX:$DII_B.TO, $DII_A.TO) (NasdaqGS: $NFLX),  (NasdaqGS: $TTWO)

Point Roberts, WA, Delta BC –June 5, 2018 - Investorideas.com, a leader in investor news and research issues today’s edition of Play by Play covering what’s new in sports headlines and recent news from publicly traded companies in the sector.

Trump Cancels Eagles’ White House Visit, Capitals Within One Win of Stanley Cup and 131-Year-Old Rawlings Sporting Goods Being Sold for $395 Million USD

Stocks discussed: (NYSE:NWL)

President Donald Trump has cancelled the Philadelphia Eagles’ planned White House visit to honour their Super Bowl victory. The cancellation was made in a statement by the White House yesterday, and cited the Eagles’ disagreement "with their President because he insists that they proudly stand for the National Anthem, hand on heart, in honor of the great men and women of our military and the people of our country."

Instead, the White House will host “A Celebration of America”, and will “honor our great country, pay tribute to the heroes who fight to protect it, and loudly and proudly play the National Anthem,” according to ESPN.

The Washington Capitals are now one game away from eliminating the Las Vegas Golden Knights and winning the Stanley Cup after a stunning Game 4 victory last night. The Capitals got down to business early, scoring three goals in the first period, one more in the second and denying Vegas any until the third. Vegas scored two in the first half of the final period, but it was too late and too little as the Capitals matched them with two more goals in the final 10 minutes, making for a crushing 6-2 win. NHL.com quotes Vegas coach Gerard Gallant:

"They had six goals, they had three power-play goals and made some real nice plays, but we played a lot of the game the way we wanted to play,"

Though the Golden Knights have the home ice advantage for Game 5, NHL.com points out that “teams that have a 3-1 lead in the Cup Final have won the series 32 of 33 times.”

According to a report in the Associated Press, Rawlings Sporting Goods Co. is being sold to a private equity fund for $395 million USD. The 131-year-old company, is being sold by Newell Brands Inc. (NYSE:NWL) so it can “better focus on its core brands” including Sharpie, Calphalon and Rubbermaid.

Discovery Partners with PGA TOUR, Schwinn Collaborates with Netflix on Stranger Things Bike, NBA 2K Anniversary Edition to Feature LeBron James, Esports Entertainment Appoints New Strategic Advisor

Stocks discussed: (NasdaqGS:DISCA) (TSX:DII-B.TO, DII-A.TO) (NasdaqGS:NFLX) (NasdaqGS:TTWO)

Discovery, Inc. (NasdaqGS:DISCA) and PGA TOUR have announced plans to create a “new international multi-platform home for golf, delivering the sport's most exciting moments, players and championships to passionate fans around the world on every screen and device.”

Dorel Industries Inc.’s (TSX:DII-B.TO, DII-A.TO) Schwinn brand has partnered with Netflix (NasdaqGS:NFLX) to release a limited edition “Mike’s Bike” bicycle designed in the style of the character Mike in the hugely popular Stranger Things show.

Take-Two Interactive Software’s (NasdaqGS:TTWO) 2K announced that NBA 2K will feature LeBron James on the cover of the NBA 2K19 20th Anniversary Edition.

Sam Mowers, Investorideas.com

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