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The Latest Breaking News from SEC

Ericsson's Core Profit Misses as Rising Costs Hit Margins

Ericsson, the Swedish telecoms equipment firm which is facing bribery investigations, reported a rise in second-quarter core earnings on Thursday but missed expectations as margins were hit by increased component and logistics costs. Rising inflation, a chip shortage and Russia's invasion of Ukraine drove up costs and pushed down the…

Asharq Al-Awsat

The Big 12’s New Commissioner Knows the Score

Brett Yormark was brought in to do a much different job than his predecessor. The outsider’s ability to hit the ground running will determine if the Big 12 survives.

Sports Illustrated

Kirby Smart named to Bobby Dodd Coach of the Year Award watchlist

Georgia head coach Kirby Smart was named to the Bobby Dodd Coach of the Year Award watchlist.

USA Today Sports Media Group

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Big 12’s Yormark Open to Letting Texas, Oklahoma Leave Early

He said he’s “not against” negotiations that would lead to both programs leaving before 2025.

Sports Illustrated

Twitter, Delta Air Lines And 45 Stocks Moving In Wednesday's Mid-Day Session

Gainers Qurate Retail, Inc. (NASDAQ: QRTEB) shares jumped 122.4% to $6.76. Qurate Retail will host a conference call to discuss Q2 results on Friday, August 5th.

Benzinga

Steve Spurrier Says Clemson ‘Could Slide Right Into the SEC’

The former South Carolina coach recalls his battles with the Tigers from back in the day and thinks they’d fit right in.

Sports Illustrated

Does West Virginia v. EPA Doom the SEC's Climate Disclosure Rule? (Updated)

The Supreme Court is skeptical of agency efforts to pour new wine out of old bottles.

Reason

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This Healthcare Stock is Down By More Than 50%: Here's 25 Stocks Moving Premarket

Gainers

Benzinga

Big 12 ponders conference realignment from position of strength with new commissioner

WICHITA, Kan. — At about this time last year, the Pac-12 and its new commissioner made a decision that transformed the Big 12 from prey to hunter in the world of conference realignment.

Tribune News Service

Three Georgia Bulldogs set to represent team at SEC Media Days

It will be interesting to hear the mindset of Georgia Bulldogs players and coaches heading into the 2022 college football season.

USA Today Sports Media Group

Why Tommy Bowden prefers SEC over Big Ten for Clemson football if Tigers leave ACC

If his old school ever leaves the ACC, former Clemson football coach Tommy Bowden sees a natural landing spot for the Tigers amid the latest round of realignment.

Tribune News Service

ACC helped kick start the conference expansion race which now threatens its survival

On the other end of the phone, Mike Tranghese sighed quietly. It was a sound that conveyed a sense of empathy, if not resignation. The emotions returned, almost 20 years later. Back then, as the commissioner of the original Big East Conference, Tranghese watched with a sense of helplessness while…

Tribune News Service

Bill Ackman To Wind Down SPAC After Failing to Find Target Company: What Happens To Shareholder Funds?

Pershing Square Tontine Holdings Ltd (NYSE: PSTH), a special purpose acquisition company (SPAC) promoted by hedge fund manager Bill Ackman, said on Monday that it will return $4 billion of capital in trust to shareholders.

Benzinga

Twitter has vowed to sue Elon Musk. Here's what could happen in court

Musk and Twitter accused each other of breaking the legal agreement in the $44 billion sale of the social network to the billionaire.

WEKU

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Benzinga

See You In Court, Again! Elon Musk's Top 10 Lawsuits

Twitter’s (NYSE: TWTR) lawsuit against Elon Musk over his attempt to withdraw from his acquisition of the company marks the latest in a long, long, long series of courtroom battles that the Tesla (NASDAQ:

Tribune News Service

Luke DeCock: Where does ACC go from here? 5 options for Jim Phillips and schools in North Carolina.

Remember when deciding whether to move the conference office out of Greensboro was the trickiest question ACC commissioner Jim Phillips had to answer? Seems like a long time ago that was the ACC’s hot-button issue … in part because that decision has been marinating for a year.

USA Today Sports Media Group

College Conference Expansion, Realignment Scenarios. What Each League Should Do, What Will Happen?

USA Today Sports Media Group

Former UGA assistants named best head coaching hires of past 5 years

Former Georgia assistant coaches Sam Pittman and Mel Tucker are considered the two top hires in the past five years

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The Independent UK

Crypto plunge is cautionary tale for public pension funds

The plunge in prices for Bitcoin and other cryptocurrencies provides a cautionary tale for the handful of public pension funds that have dipped their toes into the crypto pool

Tribune News Service

Pac-12 survival guide: Examining the Fear Index as vultures circle and uncertainty looms

Welcome to the sixth installment in a Hotline series on the future of the Pac-12.

USA Today Sports Media Group

Boston Celtics announce signing of JD Davison to two way deal

Davison was Boston's No. 53 pick in the 2022 NBA draft.

Sports Illustrated

ACC Insider: Three Biggest Challenges That Admins See for League

With the ongoing NCAA conference discussions, ACC administrators highlight what they think the current commissioner Jim Phillips needs to focus on.

The Hindu

Gujarat Govt forms a panel to fix quotas of OBCs for elections in local bodies

Justice K.S. Jhaveri is appointed chief

InsideEVs

Elon Musk No Longer Wants To Buy Twitter, Will Be Sued To Take The Deal

Many are pointing at Musk for not having done due diligence before agreeing to the deal, but he argues Twitter didn’t provide fake account data quickly enough.

Tribune News Service

Vahe Gregorian: Disillusioning latest wave of college realignment no surprise but has no end in sight

KANSAS CITY, Mo. — College athletics are careening towards chaos, if not already embroiled in it, with ever-churning conference realignment implications. And that’s entwined with the insatiable demand for profits and commercialism that obscure, if not outright mock, the educational mission.

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