#PlaybyPlay: McGregor Pleads Guilty, Avoids Jail Time, Démare Takes Stage 18 but Thomas Still Leads Tour de France, Ledecky Wins 800m at U.S. Swimming Championships and Triple Crown Winner Justify Retires
#WWE Reports Record Revenue in Second Quarter Report, Huami Partner with PAI Health and Nautilus Launches Bowflex® LateralX®
Stocks discussed: (NYSE: $WWE) (NYSE: $HMI) (NYSE: $NLS)
Point Roberts, WA and Delta, BC - July 26, 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
McGregor Pleads Guilty, Avoids Jail Time, Démare Takes Stage 18 but Thomas Still Leads Tour de France, Ledecky Wins 800m at U.S. Swimming Championships and Triple Crown Winner Justify Retires
UFC star Conor McGregor has pleaded guilty to disorderly conduct and avoided possible jail time, according to the BBC. McGregor was involved in an altercation at Brooklyn's Barclays Center on April 5 for which he faced 12 criminal charges including: menacing, assault resulting in injury, reckless endangerment and criminal mischief. Following the judgement, McGregor's manager, Audie Attar said the fighter would be focusing on getting back into fighting.
"Now that this is passed us, we can focus on things that have been on hold for some time," said Mr Attar.
"Conor's been training. He's in shape. He's ready to go. Now it's just about getting back to business and we hope to have some news to announce very soon."
French cyclist Arnaud Démare has won stage 18 at the Tour de France. This marks his second career Tour stage win and the first this year. According to Sky Sports, Geraint Thomas still holds his lead at one minute and 59 seconds.
Katie Ledecky won by 10 seconds in the 800m freestyle at the U.S. Swimming Championships according to NBC Sports. The five-time gold medal winner finished 7.19 seconds slower than her world record of 8:11.98.
"I'm fine with it, didn't feel super sharp, but it always takes me a little bit of time to get into these meets," Ledecky said, noting swimming in 80-degree heat. "My best races are when the first 400 and the second 400 are pretty even."
This year's Triple Crown winner Justify is retiring from racing according to the Associated Press. Fluid found in his left front ankle has raised concerns about his health if he were to continue racing.
"The timing is bad for another start in 2018, and therefore, we have to retire him," said Elliott Walden of WinStar Farm, which co-owns Justify. "Like (2015 Triple Crown winner) American Pharoah, we can't take the risk of running Justify as a 4-year-old. We all wanted him to finish his career in the Breeders' Cup Classic, but it was not meant to be."
WWE Reports Record Revenue in Second Quarter Report, Huami Partner with PAI Health and Nautilus Launches Bowflex® LateralX®
Stocks discussed: (NYSE:WWE) (NYSE:HMI) (NYSE:NLS)
World Wrestling Entertainment (NYSE:WWE) announced the financial results of its second quarter 2018. The company reports revenues increased 31% to $281.6 million, which was the highest quarterly revenue in WWE history as well as operating income nearly doubled to $21.2 million from $10.7 million in the prior year quarter.
Huami Corporation (NYSE:HMI) has partnered with health technology software company PAI Health to solve the problem of "inactivity that underlies much of the growing global health crisis"
"We are excited to partner with PAI Health, as we can leverage Huami's strong expertise in smart wearable technology and PAI Health's impressive algorithms that make sense of the biometric data," said Wang Huang, CEO of Huami. "Together, we see a huge opportunity to combine our leadership in affordable, quality wearable devices with PAI's ability to provide meaningful information to consumers and businesses around the world."
Nautilus Inc. (NYSE:NLS) today launched the Bowflex® LateralX® trainer. The machine moves in "three dimensions to mimic everyday activities such as yardwork, house cleaning or playing soccer with your kids for a low-impact, total body workout."
Sam Mowers, Investorideas.com
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