Monthly Archives: September 2014

HBCU Money™ Dozen 9/15 – 9/19


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Did you miss HBCU Money™ Dozen via Twitter? No worry. We are now putting them on the site for you to visit at your leisure. We have made some changes here at HBCU Money™ Dozen. We are now solely focused on research and central bank articles from the previous week.

Research

We’re getting closer to a quantum internet. And that’ll be good for security l New Scientist http://ow.ly/BEgdL

Think deep space is cold? It’s practically sweltering compared to this l Brookhaven National Lab http://bit.ly/quantumcold

Major Asia Pacific Markets To Account For 60% Of solar PV Demand l Clean Technica http://dlvr.it/6xgYr1

Once Your Car’s Connected to the Internet, Who Guards Your Privacy? l CIOonline http://trib.al/sxpTniH

What’s the career outlook for battery scientists? l Nature http://ow.ly/BElNC

Applications now being accepted for the Guy Harvey Scholarship Award l FL Sea Grant http://ow.ly/BElXZ

Federal Reserve, Central Banks, & Financial Departments

Economic cost of Ebola could increase 8-fold by 2015 if virus continues to spread l World Bank http://wrld.bg/BEall

How have labor market flows changed since the Great Recession? l St. Louis Fed http://bit.ly/1nG5h9J

What the Alibaba IPO means for Western tech giants l World Economic Forum http://wef.ch/1qNXZXh

Do Spanish and Italian bonds have the same default risk as U.S. Treasuries? l St. Louis Fed http://bit.ly/1kE9ZIX

Financial literacy should start young l Council 4 Econ Ed http://bit.ly/1AD0X0w

When should the Fed raise #rates? l World Economic Forum http://wef.ch/XKk6kS

Thank you as always for joining us on Saturday for HBCU Money™ Dozen. The 12 most important research and finance articles of the week.

The HBCU Money™ Weekly Market Watch


Our Money Matters /\ September 19, 2014

A weekly snapshot of African American owned public companies and HBCU Money™ tracked African stock exchanges.

NAME TICKER PRICE (GAIN/LOSS %)

African American Publicly Traded Companies

Citizens Bancshares Georgia (CZBS) $8.46 (0.47% DN)

M&F Bancorp (MFBP) $5.37 (0.00% UNCH)

Radio One (ROIA) $3.17 (0.31% DN)

African Stock Exchanges

Bourse Regionale des Valeurs Mobilieres (BRVM)  257.68 (1.21% UP)

Botswana Stock Exchange (BSE)  9 424.67 (0.00% UNCH)

Ghana Stock Exchange (GSE)  2 287.94 (6.65% UP)*

Nairobi Stock Exchange (NSE)  162.80 (N/A)

Johannesburg Stock Exchange (JSE) 51 462.42 (0.16% DN)

International Stock Exchanges

New York Stock Exchange (NYSE) 10 998.12 (0.24% DN)

London Stock Exchange (LSE)  3 646.05 (0.37% UP)

Tokyo Stock Exchange (TOPIX)  1 331.91 (1.06% UP)

Commodities

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HBCU Money™ Presents: 2014’s HBCU Alumni NFL Players’ & Salaries


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For the 2nd year in a row, Robert Mathis (pictured above), an alum of Alabama A&M University leads the list of highest paid HBCU NFL players.

HBCU Money™ FACTS:

  • NFL teams spent $3.9 billion of 2013’s $4.2 billion available.
  • HBCU NFL players combine for $57.1 million down 3.5 percent when HBCU NFL players earned $59.2 million in salaries. Estimated take home after taxes and agent/lawyer fees is $28.6 million.
  • Hampton University leads the way with 5 NFL players.
  • 15 HBCUs are represented in the NFL. Down from 19 in 2013.
  • MEAC conferences has 6 schools represented. The SWAC dropped to 2 schools represented after having 6 in 2013.
  • HBCU NFL players represent approximately 1.7 percent of roster positions available. Unchanged from 2013.
  • Average salary for HBCU NFL players is $2 million, a decrease from $2.1 million in 2013. In 2011, the average NFL salary was $1.9 million according to Bloomberg Businessweek.
  • Median salary for HBCU NFL players is $1 135 000, a 27 percent increase from 2013. In 2011, the median NFL salary was $777 000 according to Bloomberg Businessweek.
  • 4 players from 2013 are no longer on the list.

1 – Robert Mathis / DE / Indianapolis Colts – $8 750 000

(ALABAMA A&M) 

2 – Kendall Langford / DE / St. Louis Rams – $6 000 000

(HAMPTON) 

3 – Greg Toler  / CB / Indianapolis Colts – $4 833 333

(ST. PAUL’S)

4 – Sammie Hill / DT / Tennessee Titans – $4 066 666

(STILLMAN)                                                                                                           

5 – William Hayes / DE / St. Louis Rams – $3 845 000

(WINSTON-SALEM STATE)                                                                                  

6 – Jason Hatcher / DE / Washington Redskins – $3 750 000

(GRAMBLING STATE)                                                                                           

7 – Antoine Bethea / S / San Francisco 49ers – $3 000 000

(HOWARD)                                                                                                       

8 – Junior Galette / OLB / New Orleans Saints – $2 900 000

(STILLMAN)                                                                                                      

9 – D. Rodgers-Cromartie / CB / Denver Broncos – $2 750 000

(TENNESSEE STATE)                                                                                      

10 – Chris Baker / DL / Washington Redskins – $2 000 000

(HAMPTON)                                                                                                     

11 – Jacoby Jones / WR / Baltimore Ravens – $1 875 000

(LANE)                                                                                                                

12 – Rafael Bush / S / New Orleans Saints – $1 850 000

(SOUTH CAROLINA STATE)                                                                        

13 – Jason Durant / LB / Dallas Cowboys – $1 450 000

(HAMPTON)                                                                                                      

14 – Tarvaris Jackson / QB / Seattle Seahwaks – $1 250 000

(ALABAMA STATE)                                                                                         

15 – Rashean Mathis / CB / Detroit Lions – $1 020 000

(BETHUNE-COOKMAN)                                                                                

16 – Don Carey / S / Detroit Lions – $930 000

(NORFOLK STATE)                                                                                         

17 – Kenrick Ellis / DT / New York Jets – $797 500

(HAMPTON)                                                                                                      

18 – Phillip Adams / CB / New York Jets – $770 000

(SOUTH CAROLINA STATE)                                                                       

19 – Eric Weems / WR / Atlanta Falcons – $730 000

(BETHUNE-COOKMAN)                                                                               

20 – Terron Armstead / T / New Orleans Saints – $679 359

(TENNESSE STATE)                                                                                        

21 – Marquette King / P / Oakland Raiders – $570 334

(FORT VALLEY STATE)                                                                                  

22- Ryan Davis / DE / Jacksonville Jaguars – $495 000

(BETHUNE-COOKMAN)                                                                              

23 – Larry Donnell / TE / New York Giants – $495 000

(GRAMBLING STATE)                                                                                    

24 – Anthony Levine / S / Baltimore Ravens – $495 000

(TENNESSEE STATE)                                                                                      

25 – Bryan Tyms / WR / New England Patriots – $495 000

(FLORIDA A&M)                                                                                            

26 – Kadeem Edwards / T / Tampa Bay Buccaneers – $473 000

(TENNESSEE STATE)                                                                                    

27 – Isaiah Crowell / RB / Cleveland Browns – $423 333

(ALABAMA STATE)                                                                                        

28 – Michael Ola / T / Chicago Bears – $421 666

(HAMPTON)                                                                                                      

29 – Frank Kearse / DE / Washington Redskins – N/A

(ALABAMA A&M)

Sources: NFL.com, The Guardian, Spotrac

Unemployment Rate By HBCU State – July 2014


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NUMBER OF STATES WITH RISING UNEMPLOYMENT: 15

NUMBER OF STATES WITH DECLINING UNEMPLOYMENT: 1

NUMBER OF STATES WITH UNCHANGED UNEMPLOYMENT: 8

LOWEST: OKLAHOMA – 4.6%

HIGHEST – MISSISSIPPI – 8.0%

ALABAMA –  7.0% (6.8%)

ARKANSAS – 6.2% (6.2%)

CALIFORNIA – 7.4% (7.4%)

DELAWARE – 6.2% (6.1%)

DISTRICT OF COLUMBIA – 7.4% (7.4%)

FLORIDA – 6.2% (6.2%)

GEORGIA – 7.8% (7.4%)

ILLINOIS – 6.8% (7.1%)

KENTUCKY – 7.4% (7.4%)

LOUISIANA – 5.4% (5.0%)

MARYLAND – 6.1% (5.8%)

MASSACHUSETTS – 5.6% (5.5%)

MICHIGAN – 7.7% (7.5%)

MISSISSIPPI – 8.0% (7.9%)

MISSOURI –  6.5% (6.5%)

NEW YORK – 6.6% (6.6%)

NORTH CAROLINA – 6.5% (6.4%)

OHIO – 5.7% (5.5%)

OKLAHOMA – 4.6% (4.5%)

PENNSYLVANIA – 5.7% (5.6%)

SOUTH CAROLINA – 5.7% (5.3%)

TENNESSEE – 7.1% (6.6%)

TEXAS – 5.1% (5.1%)

VIRGINIA – 5.4% (5.3%)

Previous month in parentheses.

HBCU Money™ Business Book Feature – The African Union and Its Institutions


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Written by eminent scholars on Africa and practitioners who have worked in or with the African Union (AU), this report brings together the analysis and research of 17 largely Pan-African scholars, policymakers, practitioners, and civil society representatives. A particularly timely and welcome addition to the pioneering literature about this young and potentially powerful institution, this analysis presents a positive but realistic picture of the AU while diagnosing several key challenges, including Africa’s security and governance problems.