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#PlaybyPlay: Senegal Eliminated from #WorldCup, Rooney Officially Moves to U.S., Smith-Pelly Stay with Capitals

Two Koreas Joining Forces for Asian Games

Stocks discussed: (NYSE: $MSG), (NYSE: $DIS) (NasdaqGS: $FOXA) (NYSE: $MSG) (TSX: $DII-B)

Play by Play - the latest sports headlines and sports stock news

 

Point Roberts, WA and Delta, BC - June 28, 2018 (Investorideas.com Newswire) 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.

Play by Play - the latest sports headlines and sports stock news

Senegal Eliminated from World Cup, Rooney Officially Moves to U.S., Smith-Pelly Stay with Capitals and the Two Koreas Joining Forces for Asian Games

Stocks discussed: (NYSE:MSG)

Senegal is the latest team to be eliminated in the FIFA World Cup following a 1-0 loss to Colombia today. Colombia's Yerry Mina scored the fateful goal against Senegal in the second half. FIFA.com quotes Senegal team reporter Cynthia Nzetia on the team's elimination:

"It's in the crucial moments that big teams need to show up. Senegal undoubtedly have great individual players with skill, but the attack was not at it tonight, and failed to seize their opportunities. The Senegal team of 2018 will not repeat what the team of 2002 achieved by qualifying for the knockout round."

Wayne Rooney, former Manchester United (NYSE:MANU) and England player, has officially completed his move to D.C. United of the U.S.'s Major League Soccer (MLS). Rooney's first game will be on July 14 against the Vancouver Whitecaps. ESPN quotes Rooney on the move:

"It is fantastic to be joining D.C. United at such an exciting time in the club's history with the new stadium opening in just a few weeks," Rooney said in a statement. "Moving to America and MLS fulfills another career ambition for me. I have the hunger to be a success here and will give D.C. 100 percent -- as I have always done for every team I have ever played for."

Though losing head coach Barry Trotz to the New York Islanders, the Stanley Cup-winning Washington Capitals have managed to resign forward Devante Smith-Pelly, according to NHL.com. Though only posting 16 points in 75 regular season games last year, Smith-Pelly scored seven goals in the playoffs, helping the Capitals to win their first Stanley Cup in franchise history. He is signed to a one-year contract for $1 million USD.

The Associated Press reports that North and South Korea will combine athletes in canoeing, rowing and women's basketball at the upcoming Asian Games. This follows greater cooperation seen between the two nations in the past year.

"This will be an historic Asian Games for the Olympic Council of Asia and for the continent because it will be the first time that North Korea and South Korea will form a unified team in certain sports. They have marched together before in the opening ceremony and we are delighted that they are extending their joint cooperation further in the spirit of unity and friendship," said Vinod Kumar Tiwari, the Olympic Council of Asia director of international and National Olympic Committee relations.

Disney Cleared for Fox Acquisition, Madison Square Garden Authorizes Possible Separate Sports Stock and Dorel Industries Sells SUGOI and Sombrio Brands

Stocks discussed: (NYSE:DIS) (NasdaqGS:FOXA) (NYSE:MSG) (TSX:DII-B)

The Walt Disney Company (NYSE:DIS) announced that the U.S. Department of Justice (DOJ) has cleared the company's acquisition of Twenty-First Century Fox, Inc. (NasdaqGS:FOXA), including Fox Sports Regional Networks.

Madison Square Garden (NYSE:MSG) announced the authorization of a possible spin-off to create a separate publicly-traded company comprising its sports businesses. These include the New York Knicks and New York Rangers.

Dorel Industries, Inc.'s (TSX:DII-B) Dorel Sports segment has sold the SUGOI and Sombrio brands to Louis Garneau Sports, Inc.

Sam Mowers, Investorideas.com

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