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Speedo And Ralph Lauren Drop Ryan Lochte
Monday, August 22, 2016 - 2:30pm | 310With all of the amazing stories in Rio, one unfortunate incident keeps rearing its ugly head. Ryan Lochte, following his bizarre cover-up story of his drunken night, is seeing the inevitable fallout from his endorsers. PVH Corp's (NYSE: PVH) Speedo announced it has ended its decade-long...
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How Much Money Did Michael Phelps Earn In Rio?
Thursday, August 18, 2016 - 5:02pm | 345Every four years, sports fans all around the world gather together and watch athletes compete in the Olympics. While Olympic athletes certainly compete for the pride of their home countries, Olympic medals also come with financial perks as well. U.S. swimmer Michael Phelps is the leading...
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Nike Can No Longer Ignore The Competition
Tuesday, August 16, 2016 - 9:04am | 473It wasn't long ago that Nike Inc (NYSE: NKE) appeared as a virtual monopoly in the athletic apparel space. Adidas (OTC: ADDYY) was in the doldrums, and Under Armour Inc (NYSE: UA) had yet to achieve the success it has since earned. Nike has been the worst performing Dow Jones component in 2016...
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BZ's Top Picks: Rio Olympic's ETF Impact, Trump's Economy And Bud Fox's Troll Job
Sunday, August 14, 2016 - 11:23am | 409Did you miss anything on Benzinga this week? Don't worry! Here are some of the news desk's favorite stories from the past seven days. POLITICO compiled a collection of everything Republican presidential nominee Donald Trump has said about his potential presidency in his first 100...
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Human Extremities, Dead Jaguars And Other Things You Might Find Playing Pokémon GO At The Rio Olympics
Thursday, August 4, 2016 - 5:06pm | 328Nintendo Co., Ltd (ADR) (OTC: NTDOY)'s Pokémon GO is now available just in time for the Olympic games in Rio, Brazil. In between catching a few sporting events, Olympic attendees can hunt for Pokémon characters. Just watch out for the human bodies washing ashore, dead jaguars...
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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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Anadarko Slashes Dividend, Shares Halted Before Potential Move Down
Tuesday, February 9, 2016 - 4:55pm | 523Anadarko Petroleum Corporation (NYSE: APC) trading halted mid-afternoon Tuesday ahead of a reduced dividends announcement. Following, a string of strong hints from executives earlier this year, the dividend cut is not surprising. The cut comes amid plunging oil prices and a subsequent yield...
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Rio Tinto Announces Asset Sale For $224 Million, Notes Transaction Will 'Deliver Significant Value' For Shareholders
Wednesday, January 27, 2016 - 10:56am | 162Shares of Rio Tinto plc (ADR) (NYSE: RIO) were trading lower by around 1 percent on Wednesday despite the company's announcement of an asset sale. Rio Tinto said in a press release it has reached an agreement to sell its Mount Pleasant thermal coal assets to MACH Energy Australia Pty Ltd...