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Business Brief: CCM, Bauer sales signal a shift change

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Also in today’s edition: Why the markets aren’t a mirror of the world

News this week that CCM and Bauer have found new owners comes at a pivotal moment in the business of hockey. More on that below, plus a look at why the markets aren’t a mirror of geopolitical shocks. But first:an internal investigation into founder Frank Stronach’s history at the company in response to his arrest on sex-assault charges.

If no one was talking about it in those exact terms, perhaps they were addressing it another way: Anyone who has spent time in a rink will know they can safely fill awkward pauses in conversation with commentary on the price of hockey sticks these days. And for the NHL, there really is hope. If its success in the U.S. hasn’t met its ambitions, the league still has Europe to dream about. Perhaps that’s why the most interesting thing about tomorrow’s tilt between the New Jersey Devils and Buffalo Sabres isn’t the game, or even the fact that it’s the season opener – but that it’s being played in Prague.

 

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