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Market declines for 4th straight day

Market declines for 4th straight day.....»»

Category: financeSource: thestandard thestandardMay 16th, 2019

Last-minute buying keeps bourse up

THE stock market rose for a fourth straight day on Friday as investors bought up at the last minute. The benchmark Philippine Stock Exchange index (PSEi) recovered from intra-day losses,…READ The post Last-minute buying keeps bourse up appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsJun 22nd, 2019

Stocks close higher for 4th straight day

The stock market sustained its upward momentum to close the week on a high note despite the Bangko Sentral ng Pilipinas (BSP)’s decision to adopt a prudent pause by keeping interest rates steady......»»

Category: financeSource:  philstarRelated NewsJun 21st, 2019

Factory output declines for the fifth straight month in April, worst in almost a decade

Industrial production posted its fifth straight month of decline in April as well as suffering its biggest drop in almost a decade, the Philippine Statistics Authority (PSA) reported this morning. Preliminary results of the PSA’s latest Monthly Integrated Survey of Selected Industries showed factory output – as measured by the Volume of Production Index (VoPI) […].....»»

Category: newsSource:  bworldonlineRelated NewsJun 4th, 2019

PSEi goes over 7,800 on foreign buying

THE stock market rose for a third straight day on Thursday, thanks to foreign-fund inflows and month-end window dressing. The benchmark Philippine Stock Exchange index (PSEi) grew by 0.50 percent…READ The post PSEi goes over 7,800 on foreign buying appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 31st, 2019

MLB attendance down another 1.4%, 4th straight drop

By Ronald Blum, Associated Press NEW YORK (AP) — The Tampa Bay Rays and Miami Marlins drew 12,653 Wednesday night — combined. Baltimore, Cincinnati, Minnesota and Tampa Bay set stadium lows this year. Kansas City had its smallest home crowd since 2011 and Toronto and San Francisco since 2010. The Marlins' average attendance is less than Triple-A Las Vegas. Major League Baseball's overall average of 26,854 through Wednesday is 1.4% below the 27,242 through the similar point last season, which wound up below 30,000 for the first time since 2003. Baseball Commissioner Rob Manfred attributes this year's drop to fewer season tickets but emphasizes day-of-game sales are up 6%. "Given the explosion of entertainment alternatives and the growth of the secondary market, it is not surprising that season ticket sales can be challenging," he said. "The clubs are responding to this challenge with creative and effective approaches. For example, sales of subscription tickets are double what they were a year ago. And the Twins recently had a $5 flash sale that produced crowds of over 30,000 in three of four games, and the largest single-game attendance since 2016." Nineteen of the 30 teams have seen their average fall from a similar point last year, with the largest drops in Toronto (6,963), San Francisco (6,463), Baltimore (3,839) and Detroit (3,686). Large rises have taken place for Philadelphia (10,383), Oakland (4,027), San Diego (3,465) and the Chicago White Sox (2,311). The Phillies signed Bryce Harper and the Padres added Manny Machado. "A lot of it comes down to competition. Fans want to know their teams are doing everything they can to compete for a championship every year," union head Tony Clark said. "I see every empty seat as a missed opportunity. Experiencing a game and seeing players perform in person creates a bond with baseball; our industry needs to find ways to convert those empty seats into lifelong fans." MLB's average peaked at 32,785 in 2007 — the last year before the Great Recession and the next-to-last season before the New York Yankees and Mets moved to smaller stadiums. The average was at 30,517 in 2015 before sliding for three straight years, and last season's final figure of 28,830 marked a 4% drop, the overall number hurt by unusually cold and wet weather early in the season. Manfred points to other metrics that please MLB: Games top prime-time cable ratings in 24 of 25 markets and MLB.tv streaming is up 8.5%. He views increases for the Phillies, Padres, Athletics and White Sox tied to team performance. Florida remains a problem on both coasts. Despite a sparkling, eight-season-old ballpark with a retractable roof, Miami is averaging 9,554 in Derek Jeter's second season as chief executive — below the 9,582 average for Triple-A Las Vegas in its first season at a new 10,000-capacity stadium. Tampa Bay plays in one of the most outmoded facilities in the major leagues and drew 5,786 against the Blue Jays on Tuesday, the smallest home crowd for the Rays, who started play at Tropicana Field in 1998. "The more people there are, the more energy there's going to be," Tampa Bay outfielder Kevin Kiermaier said. "No matter what crowd you're playing in front of, you have to get motivated." A quartet of last-place teams has seen swaths of empty seats. Miami is on track to have the lowest home attendance in the National League for the seventh straight season. Tampa Bay is at the bottom of the AL for the fifth consecutive year. "Any time you're seeing less people show up to the ballpark, I think you're wondering why and you're wondering how you can change that," said Miami first baseman Neil Walker, accustomed to big crowds from his time in New York. "You've got to assume that it has a little bit to do with it being expensive to come to the ballpark." Having traded many veterans, the Orioles are 28th in the majors at 16,263. Baltimore topped 2 million in 21 of its first 25 seasons at Camden Yards, exceeding 3 million nine times. But the Orioles drew 6,585 against Oakland on April 8, the lowest in the ballpark's 28-season history except for a 2015 game closed to the public at a time when the city was plagued by rioting. "I wish fans were here. When we played in Wrigley, the energy level was off the charts," first-year Orioles manager Brandon Hyde said. "I'm hoping that someday soon that will be the case here." Cincinnati's crowd of 7,799 against Milwaukee on April 1 was the lowest for a Reds' home game since 1984 at Riverfront Stadium. That same day, Toronto drew 10,460 against the Orioles, the smallest attendance at the Rogers Centre since 2010. San Francisco drew 28,030 vs. Pittsburgh on April 10, the Giants' lowest home crowd since 2010. Kansas City's crowd of 10,024 against the Twins on April 2 was the lowest at Kauffman Stadium since 2011. Minnesota drew 11,465 against Toronto on April 17, the lowest figure in Target Field's 10-season history. "As a kid, I loved more than anything to go to the ballpark and I loved nothing more than playing baseball," Walker said. "But I think a lot of people are just — they want action now. They don't want to be totally consumed with a game maybe that's just not timed." ___ AP Baseball Writer Mike Fitzpatrick and AP Sports Writer David Ginsburg contributed to this report......»»

Category: sportsSource:  abscbnRelated NewsMay 31st, 2019

Common threads: Warriors and Raptors

The Golden State Warriors are back in the Finals for a fifth straight year, but standing across from them is a new face: the Toronto Raptors, who are playing for the Larry O'Brien trophy for just the first time in franchise history. [Watch the Playoffs on NBA League Pass for 30% less with this limited time offer! Select Annual package and use code SAVE30 at checkout to redeem] Warriors versus Raptors isn't exactly a matchup that screams "historic rivalry." Golden State is 28-17 in the overall series against Toronto, with Canada's club winning both their encounters this season. Still, the two clubs do have some overlap - players having suited up for both teams, plus some on- and off-court history. Here are eight common threads between the two teams in the 2019 NBA Finals. 1. Patrick McCaw Patrick McCaw has made the NBA Finals in all three season of his NBA career, something not many players can say. The first two years, he was with the Warriors, but now, he's facing his old club as a Raptor. McCaw was a second round pick by the Warriors in 2016. The team's long-term hope was that he could possibly succeed Andre Iguodala as a versatile, defense-first swingman, but he opted not to re-sign with GSW this past offseason. Sitting out most of the latter part of 2018, he eventually inked a loaded offer sheet (he was a restricted free agent) with Finals rivals the Cleveland Cavaliers, which the Warriors did not match. The Cavaliers waived him after three appearances, but he eventually found his way to Toronto. McCaw has averaged 2.7 points, 1.7 rebounds, and 1.0 assists up north, but has only logged seven appearances, norming 5.1 minutes, in the postseason. With his ex-teammates decidedly miffed about his decision not to come back to the Bay, things could get interesting if he sees playing time in the Finals. SAY WHAT YOU WANT 3 STRAIGHT NBA FINALS APPEARANCES?! I CAN'T MAKE THIS UP ... MY FAITH GOT ME HERE, NOTHING BUT GOD!!! ???????? ZERO WORRIES ZERO DOUBTS ???? — Patrick McCaw (@PMcCaw0) May 26, 2019 2. Jeremy Lin We're a long way from the highs of Linsanity with the New York Knicks, but let's not forget that it was the Golden State Warriors that first had a roster spot for the Harvard product. After going undrafted in 2010, the Warriors snapped up Lin, fielding him as a backup behind Stephen Curry and Monta Ellis. In his rookie season, Lin managed 9.8 minutes, 2.6 points, 1.2 rebounds, 1.4 assists, and 1.1 steals in 29 games. Golden State opted not to keep Lin following the 2011 lockout, which paved the way for him to sign, first with the Houston Rockets, and then with the New York Knicks. We know what happened there, right? Recently though, Lin has struggled due to injuries. He started this season getting traded from the Brooklyn Nets to the Atlanta Hawks. The Hawks then bought him out in February, which allowed the Raptors to sign him after he cleared waivers. He put up 7.0 points, 2.6 rebounds, and 2.2 assists in 23 regular season games for Toronto, but has played even less than McCaw in the Playoffs (7 games, 3.7 minutes, 1.3 points). 3. Alfonzo McKinnie 4. Chris Boucher Same story, different teams. Warriors swingman McKinnie and Raptors big Boucher began last season with the opposite ball club, though they actually spent more time with their respective G League affiliates. McKinnie, who went undrafted in 2015, bounced around playing as an import in Luxembourg and Mexico, before landing in the G League in 2016 with the Windy City Bulls. He signed a multi-year deal with the Raptors the next season, but got waived last July. McKinnie bounced back as a training camp invitee for Golden State, but with McCaw not signing, that opened up a roster spot for the journeyman. He's made the most of the opportunity since, averaging 4.7 points and 3.4 rebounds in 72 regular season games, 3.3 points and 2.5 rebounds in 16 postseason games. Boucher got a two-way contract from the Warriors last season, but was waived this past offseason. He got another two-way contract from the Raptors shortly after, before having his deal converted to a standard contract back in February. Appearing in 28 regular season games, Boucher normed 3.3 points and 2.0 rebounds. He really made his presence felt on Raptors 905, the G League affiliate of Toronto, getting named G League MVP and DPoY. He's been fielded in a pair of postseason games, amassing a total of 5 points and 1 rebound. 5. Stephen Curry The first time Stephen Curry shot hoops in Toronto was not as a Warrior, but as a kid. Curry's father Dell closed out his NBA career with three seasons in Toronto, and Steph and his brother Seth were a familiar presence in the arena, shooting hoops with their dad. The team's star back then, Vince Carter, even played 1-on-1 against him back in the day. In addition, Steph's wife Ayesha was born in Toronto and lived there until the age of 14. 6. Phil Handy He's far from a household name, but Phil Handy might be an x-factor in this series. The long-time player development guru was an assistant coach of the Cleveland Cavaliers from 2013 to 2018, which includes those four straight Finals matchups against the Warriors. Handy's worked with names like Kobe Bryant, Derek Fisher, Pau Gasol, Steve Nash, Kyrie Irving, Kevin Love, and LeBron James, before bringing his talents to aid Kawhi Leonard and Pascal Siakam, among others. Ironically though, Handy's a California native, and lived in Oakland until the age of 11. 7. Kawhi Leonard The journey that saw Kawhi Leonard go from San Antonio Spur to Toronto Raptor began in a series against the Golden State Warriors. Back in the 2017 Western Conference Finals, Leonard's 26 points had the San Antonio Spurs up big against the Warriors, before he landed on then-Golden State center Zaza Pachulia's foot. That re-aggravated an ankle injury he suffered in the previous series against the Houston Rockets, and Kawhi subsequently missed the rest of the series. Leonard would play just nine more games for the Spurs, due to a right quadriceps injury. The extent though of said injury is something we'll probably never know. Some Spurs players believe Kawhi could have played had he wanted to, while Leonard himself opted to rehab on his own, away from the Spurs medical staff. Regardless of the origin of the animosity between the franchise and the player, the Spurs moved to trade Leonard to the Raptors this past offseason. Safe to say, it's a deal that's worked out swimmingly for Toronto. 8. Will they stay or will they go? Speaking of Kawhi, he's in a similar boat with the currently-injured Warriors star Kevin Durant. Both Leonard and Durant could become free agents this offseason, with both possessing player options. It's largely believed that should they opt out and test the market, they would be the two top options for teams seeking a superstar. Who knows? No matter what the outcome of the Finals is, there's a possibility that a team like the Clippers or the Knicks could put the two of them on the same squad come 2019-20. The views on this page do not necessarily reflect the views of the NBA, its clubs or ABS-CBN Sports......»»

Category: sportsSource:  abscbnRelated NewsMay 27th, 2019

PSEi dips on US-China trade-war worries

For the second straight day, the stock market fell on Friday as concerns over escalating trade tensions between the United States and China triggered new selloffs. The benchmark Philippine Stock…READ The post PSEi dips on US-China trade-war worries appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 25th, 2019

Index ends 4-day climb, slides on profit taking

The stock market corrected yesterday after four straight days of rally, closing 11.04 points lower at 7,804.03......»»

Category: financeSource:  philstarRelated NewsMay 24th, 2019

Market advances for 4th straight day

Market advances for 4th straight day.....»»

Category: financeSource:  thestandardRelated NewsMay 22nd, 2019

Share prices gain for 3rd straight day on selective buying

The stock market rose for the third straight day yesterday as investors accumulated more local stock......»»

Category: financeSource:  philstarRelated NewsMay 22nd, 2019

PSEi up anew, grows 0.80% on third day

THE stock market continued to rally for a third straight day on Tuesday as investor sentiment was reportedly boosted by the positive momentum from previous trading days after the Bangko…READ The post PSEi up anew, grows 0.80% on third day appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsMay 21st, 2019

Unemployment rate in PH declines for second straight quarter - Manila Bulletin

Unemployment rate in PH declines for second straight quarter Manila Bulletin The rate of unemployment among Filipinos has declined for the second consecutive quarter to 19.7 percent, or an estimated.....»»

Category: newsSource:  manilanewsRelated NewsMay 8th, 2019

Icardi scores to help Inter fight back to beat Chievo 3-1

DANIELLA MATAR, Associated Press br /> MILAN (AP) — Serie A's top goalscorer will not be moving to the Chinese Super League anytime soon. Mauro Icardi scored again to help Inter Milan come from behind to beat Chievo Verona 3-1 on Saturday, and his goalscoring rate is sure to be garnering attention among the new pacesetters in the global transfer market. However, Icardi, who turns 24 on Thursday, insists he is not about to follow the likes of Carlos Tevez, Axel Witsel, Oscar, and John Obi Mikel to China. 'I renewed my contract at the beginning of the year and I'm happy to stay with this shirt,' Icardi said. 'There's always time to go to China at the end of my career.' Icardi scored the equalizer in the 69th minute, volleying in Antonio Candreva's stunning cross from the right. Icardi's 15th goal in 20 league matches moved him two clear of Roma forward Edin Dzeko and Torino's Andrea Belotti in the goalscoring charts. Icardi also had a hand in the winner, four minutes from time. He won the ball back in midfield and set up Ivan Perisic, who raced towards goal before firing past Stefano Sorrentino after the Chievo defenders backed away from him. Eder topped the scoring in stoppage time. Inter extended its winning run in the league to five matches and moved up to fifth, level on points with AC Milan, which has played two matches less than Stefano Pioli's side and visits Torino on Monday. Chievo remained 11th. 'We had a great game,' Icardi said. 'We've shown we have character for several games now.' Inter dominated the match and only Sorrentino's heroics in goal prevented it from taking the lead. The 37-year-old goalkeeper made some fine stops, including twice preventing new signing Roberto Gagliardini from scoring on his debut. At the other end, a fellow veteran gave Chievo a surprise lead, completely against the run of play, with the 37-year-old Sergio Pellissier volleying in a corner. Pellissier almost doubled his tally in the opening minute of the second half but Inter goalkeeper Samir Handanovic got down smartly to beat away his effort. Sorrentino made another fantastic stop to keep out Perisic's header from point-blank range, and he also twice denied Eder before he was finally beaten. Overall, Inter had 31 attempts on goal, 14 of which were on target. Inter is nine points behind league leader Juventus, which visits Fiorentina on Sunday. ___ CROTONE 0 BOLOGNA 1 Crotone looks ever more likely to go straight back down to Serie B after a 14th defeat of the season left it bottom, eight points from safety. Bologna moved up to 14th, 13 points off the relegation zone after Blerim Dzemaili's 51st-minute strike. .....»»

Category: sportsSource:  abscbnRelated NewsJan 15th, 2017

Stock Market: PSEi slips further on profit taking, Trump speech

STOCKS traded in the red for the second straight session, as investors continued to secure gains from previous rallies and ahead of the inauguration of billionaire Donald J. Trump as the 45th President of the United States......»»

Category: financeSource:  bworldonlineRelated NewsJan 12th, 2017

Stock Market: PSEi settles above 7,300, highest in 2 months

LOCAL STOCKS advanced for the sixth straight session, with the main index rising above the 7,300 mark and hitting a two-month high, as investors continue picking up oversold issues and remain positive on the world economy's prospects......»»

Category: financeSource:  bworldonlineRelated NewsJan 10th, 2017

Analysts say still some room for a bull market

PHILIPPINE EQUITIES may be coming off two straight years of losses, but the bull market still has room to roam, according to stock market analysts who were asked to look into their crystal balls......»»

Category: newsSource:  bworldonlineRelated NewsJan 2nd, 2017

Stock Market: Main index declines on hawkish Fed comments

LOCAL EQUITIES fell on Monday amid the absence of enough drivers to counter negative sentiment following the US Federal Reserve's signals of more interest rate increases next year after it hiked benchmark yields last week......»»

Category: financeSource:  bworldonlineRelated NewsDec 19th, 2016

Market declines; Jollibee climbs

Market declines; Jollibee climbs.....»»

Category: financeSource:  thestandardRelated NewsNov 29th, 2016

Stock Market: PSEi declines anew on jitters ahead of Fed, OPEC

LOCAL SHARES resumed their slide yesterday as investors continued to dump stocks amid persisting uncertainties due to a change in government in the US under president-elect Donald Trump and rate hike plans by the Federal Reserve......»»

Category: financeSource:  bworldonlineRelated NewsNov 28th, 2016

Stock Market: PSEi declines anew ahead of US presidential vote

THE LOCAL bellwether declined anew on Monday as investors chose to stay on the sidelines ahead of the US presidential election and general volatility in the market amid negative sentiment......»»

Category: financeSource:  bworldonlineRelated NewsNov 7th, 2016