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E-Clips, Sept. 26
Top stories for September 26, 2007: The Daily Emerald reports on the boom of campus construction and renovation since 1997, with 31 new buildings or renovation projects and more on the way; Nike goes native with a new shoe designed specifically for the feet of American Indians, and the UO’s Paul Swangard, managing director of the Warsaw Sports Marketing Center, says the new product reflects how Nike does business; and the Oregonian reports that a UO student team has won the Student Investment Program Program title for 2006-2007, by capturing a 29 percent return.
Building for the future (Daily Emerald): In the 1960s, back when state and federal funding was more than just loose change, the University went on a building binge. It built or renovated 15 campus buildings, including Klamath, Bean and Hamilton halls – the '60s construction accounts for 25 percent of the University's total building square footage. Then it virtually stopped – until 1997. Since then, the University has spent nearly $500 million on 31 new buildings or renovation projects, making the last decade the biggest building burst in University history. And it's just getting started. The University plans to spend millions more on a basketball arena, potentially a new residence hall and alumni center. The new buildings on campus represent more, however, than simply a University makeover - it's the fruit of the administration's epiphany that donors are the key to financial stability. "The University realized the state wasn't going to fund anymore," said Chris Ramey, senior director and architect in University Planning. "So it approached donors and said, 'Can you help?'"
Nike designs shoes for American Indians (Associated Press, Register-Guard, USA Today and multiple other media outlets): Beaverton-based Nike on Tuesday unveiled what it said is the first shoe designed specifically for American Indians, an effort aiming at promoting physical fitness in a population with high obesity rates. … Paul Swangard, managing director of the Warsaw Sports Marketing Center at the University of Oregon, is quoted saying that the product reflects how Nike does business … "It reinforces the core of the Nike brand, which is: If you have a body you are an athlete.”
UO team wins investment program title (The Oregonian): Student investors at the University of Oregon drove a $50,000 stock portfolio to a near 30-percent gain to win the D.A. Davidson & Co. Student Investment Program title for 2006-07. The UO students earned 29.35 percent, or $13,417, on their portfolio. They used real money put up by the brokerage firm and made buy and sell decisions in consultation with a brokerage adviser. Each of the 20 participating schools in seven Western states receives half of its team's earnings above 5 percent. If a school's portfolio loses money, the brokerage absorbs the loss. Brigham Young University was second with a gain of 29.07 percent; and Washington State University was third at 21.86 percent. Portland State University earned 18.66 percent for an increase of $8,525. The Dow Jones Industrial Average gained 20.02 percent over the same period.