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Stocks end week on bearish mood

The market remained down yesterday with the benchmark Philippine Stock Exchange index (PSEi) ending 74.26 points lower at 7,461.06......»»

Category: financeSource: philstar philstarDec 7th, 2018

Stocks open week ahead of earnings results

The stock market opened the week on a weak note, ending flat ahead of the expected release of corporate earnings results this week......»»

Category: financeSource:  philstarRelated NewsFeb 12th, 2019

PBA: Kevin Alas undergoes successful surgery anew

A week after re-tearing his right knee at the Ynares Center last Feb. 2, NLEX Road Warriors guard Kevin Alas went under the knife Saturday evening and the operation was a success, said Louie Alas, Kevin's father. The older Alas also added that his son requested to stay a couple of days more in the hospital since the area still felt excruciating pain, especially after the anesthetic had worn off. "Usually kasi ano yan eh, yung procedure na yan, pagkatapos pwede ka nang lumabas. Pero naexperience na namin last year, sabi ko after six hours, sobrang sakit nung wala na yung anesthesia," shared Coach Louie. "So inanticipate ko na, sabi ko mag-ano ka na lang, pa-admit ka nalang ng one to two days para at least may mga pain reliever ditong ready." The Phoenix mentor also shared that his son is in a positive mood, though still feeling the ill effects of the surgery. "Okay naman siya. He’s in high spirit na. Ayaw lang kumain," Alas said. The former Letran guard, who just played five games into the season after tearing his ACL for the first time March 2018, will be beginning therapy once again in two weeks' time. However, due to the incident, Kevin could not be reached for comments the past days since he did not want to discuss basketball. Despite that, the older Alas thinks his son could have followed the recently-concluded game, which saw Phoenix lose their first game of the Philippine Cup against Rain or Shine in overtime, 98-94. __ Follow this writer on Twitter, @philipptionary. .....»»

Category: sportsSource:  abscbnRelated NewsFeb 10th, 2019

With trade talks heating up, young Lakers want answers

By Shaun Powell, NBA.com If it was LeBron James’ intention to change the mood in the Lakers’ locker room here in his first season in L.A., consider it a resounding success. The morale for a team that went 35-47 last season and missed the playoffs is indeed different. It’s more somber. After speaking with a number of players, their agents and other sources, the general consensus paint a picture of little joy, plenty of confusion and uncertainty, along with some anger and sense of betrayal. It’s all caused by the Lakers’ obvious and public pursuit of Anthony Davis and the players who unquestionably will be shipped out to New Orleans in exchange for the All-NBA forward if a trade happens before Thursday’s (early Friday, PHL time) deadline. None will speak on the record but it’s obvious the Davis issue is sensitive and weighing on most of the roster, especially the young core of Brandon Ingram, Josh Hart, Kyle Kuzma and Lonzo Ball. They wonder if their days in L.A. are numbered and also wonder what, if any, role LeBron has in determining who goes and who stays. Various reports have the Lakers offering up virtually everyone on the roster for Davis, along with multiple No. 1 picks. Clearly, the pace has changed for the Lakers. After saying last summer the Lakers are intent on building a team that will be a contender for years and not just in the short term, team president Magic Johnson’s timeline has accelerated if the proposed packages for Davis are true. And how can they not be? New Orleans wants a combination of young players and picks for a game-changing player such as Davis. The Lakers own no other assets. In the meantime, the Lakers, currently on a road trip, are dealing with turbulence and not necessarily while thousands of feet in the air. Michael Beasley and JaVale McGee had a verbal post-game exchange with coach Luke Walton two nights ago in Oakland after a loss to the Warriors, and although it wasn’t sparked by the Davis issue directly, the trade rumors are causing stress and perhaps pushing tempers as well. In the center of it all is LeBron. Davis has been represented since last fall by Klutch Sports, the agency created by LeBron and run by his business partner and close friend, Rich Paul. The LeBron link to a player agency has caused a degree of concern among other NBA general managers, who wonder if there’s a conflict of interest and if it’s a good look for the league. It also has rival agents suspecting that LeBron is involved in talks for Davis and at the very least serving as a sounding board for Magic and Laker executive Rob Pelinka. It wouldn’t be unreasonable for the Lakers to get LeBron’s hot take on this or any major decision involving personnel; that’s a perk enjoyed by a number of star players throughout the NBA, and has been for years. But: Following the Lakers’ victory over the Clippers last week when LeBron made his return after missing 17 games with a groin injury, he repeatedly expressed how thrilled he was to be back on the floor with "my guys” and that didn’t sit well with some of his teammates, according to their agents. Essentially, they’re not sure where they stand with LeBron in the Davis situation. And the young players appear too intimidated to confront LeBron and get clarity. There’s another issue at play here: Are the Lakers planning to surrender too much for Davis by gutting the team? If the Lakers are willing to part with their young core and at least two veterans to make the salaries match, who’s left to make them competitive with Davis and LeBron? The Pelicans, according to league sources, are insisting that any team wanting Davis must also take guard E’Twaun Moore and his contract in return. This will allow the Pelicans to get young players, multiple picks and salary cap flexibility in a single transaction. In a sense, Davis is indeed a franchise player — trading him might allow the Pelicans to remake their entire franchise. Davis reportedly gave the Pelicans other teams on a wish-list, yet those teams’ options appear limited. One is the Bucks, who lack promising young players, and given that Milwaukee is leading the East, their first-round pick won’t be attractive. Another is the Knicks, who won’t have defined assets until after the draft lottery in May when their place in the June draft will be revealed. If the Pelicans decide to wait until summer, that means they believe there’s a better deal waiting after the draft and free agency. That places urgency on the Lakers to get something done before Thursday. One way or another, whether he comes to the Lakers or stays in New Orleans at least for the next five months, Davis will bring some relief and help clear the air to a Lakers team that desperately needs it. Veteran NBA writer Shaun Powell has worked for newspapers and other publications for more than 25 years. You can e-mail him here or follow him on Twitter. The views on this page do not necessarily reflect the views of the NBA, its clubs or Turner Broadcasting. .....»»

Category: sportsSource:  abscbnRelated NewsFeb 5th, 2019

Stocks trade sideways as investors still cautious

The stock market finished flat yesterday, opening the week on a lackluster note as investors remained cautious......»»

Category: financeSource:  philstarRelated NewsJan 29th, 2019

Global stocks mostly down as slowing China weighs on some earnings

NEW YORK, United States -- Global stocks mostly fell Monday as a heavy week of earnings and economic news kicked off with a pair of disappointing US reports that underscored worries about slowing Chinese growth. This week's calendar includes the resumption of closely-watched US-China trade talks in Washington following a series of tariff announcements and tit-for-tat countermeasures by the two countries against each other. Economists say that and other trade battles are weighing on global growth, especially in China, where weakness hit two bellwether US companies on Monday. Shares of industrial giant Caterpillar slumped 9.1 percent after projecting weaker-than-expected 2019 ...Keep on reading: Global stocks mostly down as slowing China weighs on some earnings.....»»

Category: newsSource:  inquirerRelated NewsJan 29th, 2019

Market seen testing 8,150 levels | Inquirer Business

Local stocks are seen struggling to stay above the crucial 8,000 mark this week as investors reassess recent gains. The post Market seen testing 8,150 levels appeared first on Inquirer Business ......»»

Category: newsSource:  philippinetimesRelated NewsJan 28th, 2019

Stocks track decline in regional markets

The stock market opened the week with a huge decline, taking the cue from its peers in Asia on worries over slowing global growth......»»

Category: financeSource:  philstarRelated NewsDec 10th, 2018

Stocks: All eyes on November inflation

The local stock market is seen to start the week on unsteady footing as investors wait for November inflation numbers to be released before deciding whether the market is ripe for a Christmas rally. Stocks: All eyes on November inflation Source link: Stocks: All eyes on November inflation.....»»

Category: newsSource:  manilainformerRelated NewsDec 2nd, 2018

Stocks fall to 4-week low ahead of BSP rate meeting

The stock market went on a tailspin again yesterday, with the index falling back to the 6,800 level not seen since Oct. 11, as investors remained cautious ahead of the policy meeting of the Bangko Sentral ng Pilipinas (BSP) on Thursday......»»

Category: financeSource:  philstarRelated NewsNov 13th, 2018

Cutting down social media use may help reduce depression, loneliness

New United States research has found that reducing time spent on social media platforms such as Facebook, Snapchat and Instagram may help improve well-being. Carried out by researchers at the University of Pennsylvania, the new study recruited 143 students at the university and asked them to complete experiments designed around Facebook, Snapchat and Instagram, the three social media sites being most popular with undergraduate students. Each participant was asked to complete a survey to assess their mood and well-being at the start of the study and were monitored over a period of one week to assess their usual level of social media use. They were then randomly split into two...Keep on reading: Cutting down social media use may help reduce depression, loneliness.....»»

Category: newsSource:  inquirerRelated NewsNov 11th, 2018

Singing may bring benefits for patients with Parkinson’s disease

New preliminary research presented at the Society for Neuroscience 2018 conference this week has shown that singing could improve motor skills as well as the mood of patients with Parkinson's disease. Carried out by researchers at Iowa State University, the new pilot study looked at 17 Parkinson's disease patients attending a therapeutic singing group. The researchers measured the participants' heart rate, blood pressure and cortisol levels before and after a one-hour singing session, and asked participants to report on any feelings of sadness, anxiety, happiness and anger. The results showed that the participants experienced improvements in mood and motor symptoms after sin...Keep on reading: Singing may bring benefits for patients with Parkinson’s disease.....»»

Category: newsSource:  inquirerRelated NewsNov 11th, 2018

Undefeated Rams make splash at deadline trading for Fowler

By Teresa M. Walker, Associated Press NASHVILLE, Tenn. (AP) — The NFL's lone undefeated team has just made an already dominant defensive front even deeper. The Los Angeles Rams swapped a pair of draft picks for Jaguars pass rusher Dante Fowler on Tuesday, adding the third overall pick in 2015 to a defense already stocked with Aaron Donald, Ndamukong Suh, Michael Brockers and Mark Barron for the most surprising move at the NFL trade deadline. Denver sent wide receiver Demaryius Thomas to Houston in a deal giving the Broncos some salary cap relief, and Philadelphia gave Carson Wentz another target, picking up receiver Golden Tate from Detroit. Washington added safety Ha Ha Clinton-Dix, while Green Bay shipped Ty Montgomery to Baltimore two days after fumbling a kickoff late against the Rams. The Rams gave up a third-round pick in 2019 and a fifth-rounder in 2020 for Fowler, who is a free agent at the end of this season. Fowler became expendable with Yannick Ngakoue's success, and the Jaguars already opted in 2017 not to pick up the fifth-year option on Fowler's rookie deal. Fowler has two sacks in seven games while playing behind Ngakoue. With the Broncos at 3-5, Denver general manager John Elway made a move to clear both some salary cap space and more playing time for some of his younger receivers. Thomas has a salary cap figure of $15.53 million for 2019, the last year of his deal, while rookies Courtland Sutton and DaeSean Hamilton and second-year Tim Patrick are much cheaper. The Texans (5-3) have won five straight to take the lead in the AFC South and had to replace Will Fuller who tore a knee ligament i n a win over Miami last week. Houston sent a 2019 fourth-round pick to Denver with the teams swapping seventh-rounders in next year's draft. Thomas is a nine-year veteran with 36 catches for 402 yards this season. Elway said the Texans beat out three or four other teams for the veteran. "It's never easy when you trade a guy that's been a household name around here for a long time and done a lot of great things, not only on the football field but also in the community, and is a good man," Elway said. "Plus, it's a good spot for Demaryius. He's going to a good football team that's in a pennant race. So, it'll be good for him, too." The defending Super Bowl champions Eagles (4-4) have their bye this week and could lose Tate after this season if he leaves in free agency. "We're not going to sit on our hands," Eagles personnel boss Howie Roseman said. "It's hard to find really good players and this is a really good player. The message to our players, our coaches and our fans is that our foot is always going to be on the gas." Tate, 30, has 44 catches for 517 yards and three touchdowns this season and joins an offense that already has Alshon Jeffery, Nelson Agholor and Jordan Matthews and tight ends Zach Ertz and Dallas Goedert. Tate can help the Eagles be less predictable with his ability to play in the slot. He averaged 93 catches, 1,056 yards receiving and five TDs the past four seasons in Detroit after spending his first four with Seattle. If Tate leaves after the season, Philadelphia likely would receive a compensation pick. Tate wrote on Twitter : "It's been real DETROIT! I'll love ya forever. Philly Philly let's get it!!" He then posted a GIF of fictional Philly icon Rocky Balboa jumping up and down on the steps of the Art Museum with the caption: "Mood." It’s been real DETROIT! I’ll love ya forever. Philly Philly let’s get it!! — Golden Tate (@ShowtimeTate) October 30, 2018 Mood. pic.twitter.com/WXvVYDvJ6h — Golden Tate (@ShowtimeTate) October 30, 2018 The Packers made a couple of moves, trading away Ty Montgomery two days after his late fumble on a kickoff kept Green Bay and Aaron Rodgers from a late chance to hand the Rams their first loss this season. They sent the running back and kick returner to Baltimore. They also sent safety Ha Ha Clinton-Dix to Washington for a fourth-round draft pick in 2019 as the Redskins (5-2) boosted a stingy defense. Now Washington can pair Clinton-Dix, who will be a free agent after this season, with D.J. Swearinger. Clinton-Dix, a first-round pick in 2014 out of Alabama, has started 65 of his 71 games, and he has 14 interceptions, including three this season. Swearinger leads the NFL with four interceptions this season. Clinton-Dix is just the latest former Alabama player on the Washington roster, joining recent first-round picks Jonathan Allen and Daron Payne along the defensive line, and second-round pick Ryan Anderson at linebacker. The Ravens sent a seventh-round pick to Green Bay (3-3-1) for Montgomery, who had been told to take a touchback if the kickoff with about two minutes left in a 29-27 loss to the Rams went into the end zone. A third-round pick in 2015, Montgomery has 1,676 yards from scrimmage for his career......»»

Category: sportsSource:  abscbnRelated NewsOct 31st, 2018

Stocks reverse course ahead of holiday break

Trading was muted yesterday as market investors took on a holiday mood ahead of the holiday break and because of renewed concerns over the US-China trade war......»»

Category: financeSource:  philstarRelated NewsOct 31st, 2018

Capital markets may miss fund-raising goal

The country’s capital market platforms are at risk of missing their fund raising targets this year because of the bearish mood in the stock market and rising interest rates......»»

Category: financeSource:  philstarRelated NewsOct 15th, 2018

Global worries sink stocks below 7,000

Global jitters sent the stock market crashing yesterday, with the index sinking below the 6,800 level or at a 52-week low of 6,790.58 before crawling back to close at 6,884.38......»»

Category: financeSource:  philstarRelated NewsOct 12th, 2018

Red October in Philippine stocks, bleed to 6,800

MANILA, Philippines – Philippine shares were in the red, feeling the onslaught of regional markets being sold down on higher volumes. The Philippine Stock Exchange index (PSEi) closed at 6,884.38 on Thursday, October 11, 1.67% down from Wednesday. The index nears the 52-week low of 6,790.58. It even ........»»

Category: newsSource:  rapplerRelated NewsOct 11th, 2018

US tech sector getting by on Wall St. after losing two high-profile stocks

SAN FRANCISCO -- The technology sector appears to be doing just fine on Wall Street a week after it lost two of its highest-profile components to a newly christened communication services group......»»

Category: newsSource:  bworldonlineRelated NewsOct 3rd, 2018

Inflation jitters send stocks stumbling

The stock market opened the trading week in the red once more, finishing at 7,222.08, down 54.74 points or 0.75 percent......»»

Category: financeSource:  philstarRelated NewsOct 1st, 2018

Market holds out as BSP moves to temper inflation

Philippine stocks gained on Monday, albeit on thin volume, ahead of a Monetary Board policy meeting later this week that could see the Bangko Sentral ng Pilipinas (BSP) raise interest rates anew. A.....»»

Category: newsSource:  philippinetimesRelated NewsSep 25th, 2018

Stocks extend positive momentum

The Philippine stock market remained upbeat yesterday, opening the first trading day of the week on a good start as it extended Friday’s positive momentum......»»

Category: financeSource:  philstarRelated NewsSep 25th, 2018