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US stocks tap the brakes following torrid start to the year

NEW YORK — US stock indexes held close to their record levels on yesterday, as their momentum slowed following a torrid start to the year......»»

Category: newsSource: philstar philstarJan 9th, 2018

Barclays trading gives Staley momentum, but misconduct charges hurt bank’s profit

BARCLAYS PLC is finally showing some momentum for Jes Staley, whose beefed-up investment bank tracked Wall Street’s surge in equities revenue. The British bank beat trading expectations for a second straight quarter, driven by a 28% jump in revenue from dealing stocks, matching the performance of US rivals after a volatile start to the year […] The post Barclays trading gives Staley momentum, but misconduct charges hurt bank’s profit appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsApr 27th, 2018

Philippine stock woes mount as 2018 losses pass $20-billion mark

PHILIPPINE stocks, already the world’s worst performers this year, fell to the lowest in almost a year Tuesday, bringing to more than $20 billion the loss in market value for the country’s benchmark index since the start of 2018. The Philippine Stock Exchange Index dropped as much as 2.3% in Manila trading, on track for […] The post Philippine stock woes mount as 2018 losses pass $20-billion mark appeared first on BusinessWorld......»»

Category: newsSource:  bworldonlineRelated NewsApr 17th, 2018

Stocks rebound back to 8,000 mark

MANILA, Philippines — The bellwether Philippine Stock Exchange index recovered back to the 8,000 level yesterday to start the second quarter of the year foll.....»»

Category: financeSource:  philstarRelated NewsApr 2nd, 2018

Nuggets, Bucks go against NBA’s guard-heavy grain

By Shaun Powell, NBA.com They’ve become the must-have accessory in the NBA (just ahead of designer headphones and hoodie warmups), the one player no team can do without, the one player that no team seems to lack. Yes, quality point guards are a dime-a-dozen group now in the NBA. They’re populating the league in such abundance that the Phoenix Suns didn’t flinch when they told disgruntled starter Eric Bledsoe to stay home or the hair salon -- whichever he preferred. It’s hard to find a serious playoff contender that doesn’t have one (and some have two). And then there are the Denver Nuggets and Milwaukee Bucks, who arguably have none. Partly by necessity and partly by choice, both teams are running their offenses through gifted big men and getting reasonably decent results. These two teams are building for a big run while also going against the NBA’s trend … and, by no coincidence, are the two most logical landing spots for Bledsoe in a trade. Pump the brakes, though. Neither seems to be in a rush because they’re weighing the merits of using young, non-traditional point guards as compliments to the centerpieces: Giannis Antetokoumnpo with the Bucks and Nikola Jokic with the Nuggets. Both are solid passers and act as triggers while their point guards orbit around them, defer to them and pick spots to command the ball. But when, if ever, will either team get cold feet and fall in line with the rest of the NBA? The Suns would like to know, but it could be a long wait if the Bucks get the right results from reigning Kia Rookie of the Year Malcolm Brogdon and the Nuggets likewise from Jamal Murray. Their teams are taking a wait-and-see approach with their development while leaning heavily on Antetokounmpo and Jokic’s respective playmaking. Their coaches are saying all the right things: Jason Kidd of the Bucks: “Malcolm knows how to play the right way. He’s getting better. We’re lucky to have him.” Michael Malone of the Nuggets: “I believe in him and [Murray] has to believe in himself.” Yet both coaches are acutely aware that Murray and Brogdon, because of their size, can also play off the ball. Murray, for one, might be better suited as a game-finisher anyway. Both teams are in play for Bledsoe or perhaps a veteran addition either at the trade deadline or in free agency next summer. Brogdon surprised the NBA in winning Rookie of the Year while Ben Simmons missed last season and Joel Embiid played only 31 games. Still, that doesn’t diminish what Brogdon delivered last season and his value to the Bucks now. He’s wiser than most NBA sophomores because he stayed all four years in college and, as a second-round pick, his sense of urgency and hunger was greater than that of lottery picks. Brogdon is a self-made grinder, a consistent player who rarely screws up and is already one of the Bucks’ better defenders. The Bucks know what they’re getting from him on a nightly basis. “I’m a lot more confident,” Brogdon said. “When you have a year of experience and also the experience of playing in the playoffs, it just makes a world of difference. I know what my role is. I feel I’ve found my niche with this team.” Yet, Brogdon’s four assists per game (in 32.1 minutes per game) ranks 38th among starting point guards mainly because of Antetokoumnpo, who handles the ball and runs the offense much like LeBron James does. Brogdon’s ability and willingness to blend with Antetokounmpo is helpful to a system that plays off the young superstar’s multiple skills. Giannis is off to an MVP-like start and the last thing the Bucks want to do is slow his roll. But Kidd also wants Brogdon to sharpen his point guard instincts as well. “We talked about it last year, understanding when it’s time to score, being able to play-make, understanding how to get a teammate a shot, just being consistent when learning how to run the show,” Kidd said. “He’s been able to run the offense and be a leader. “And really, it’s all about that, and understanding who hasn’t touched the ball. That’s what makes a point guard special in this league. Figure out how to get the ball to the right people at the right time. That’s the next step for Malcolm.” The Nuggets waited until the eve of the season to name their starter at point guard, although it was clear last year that Murray had pole position. He assumed the role late in the season from Emmanuel Mudiay (who started 55 games) and Jameer Nelson (40 starts) and kept the ball, starting seven games. That wasn’t the plan when the Nuggets took him No. 7 overall in the 2016 Draft. Mudiay was their point guard of the future and Murray, who didn’t play the position in college at Kentucky, was projected as a scoring guard. But Mudiay’s erratic shooting, limited range and inconsistent playmaking opened up the job, which Murray won almost by default after the Nuggets waived Nelson. Malone admitted that Muray’s edge on Mudiay, a superior athlete, was shooting. Malone wanted someone with deeper range next to Gary Harris to space the floor for Jokic and newcomer Paul Millsap. Problem is, Murray’s shooting (37.1 percent) has been Mudiay-like here in the early season. From Oct. 21-27, he missed 16 straight three-pointers and is making just 18.2 percent of his three-pointers (after shooting 33.4 percent in 2016-17). His defense remains an issue at times (100.6 Defensive Rating this season) and part of the Nuggets’ slow start could be pinpointed to Murray’s growing pains. “I think they drafted me for a reason,” Murray said. “I just go out there and play basketball. I’m not worried about missing. I just got to be thinking about the next shot.” Malone and the Nuggets are taking the long view and realize Murray, 20, is trying to master NBA point guard play on the fly. But if they’re anxious to make a significant move in the tough West this season, the Nuggets’ point guard position might need an upgrade at starter or backup. “He showed me he’s not afraid of the moment,” Malone said, who added that part of the learning experience for players such as Murray means to deal with the not-so-good days and “let them play through it.” The Nuggets and Bucks are hesitant to include Murray or Brogdon in trade talks for good reason: Both are on cheap rookie deals and are big parts of each team’s future. Teams rarely move players this quickly unless there’s a serious issue (think Chris Webber after his rookie season in Golden State) or a deal is too good to skip. It wouldn’t be a surprise if the Nuggets are trying instead to unload Mudiay in a package to Phoenix and the Bucks are selling some combination of John Henson and Matthew Dellavedova. There’s risk, too, in acquiring Bledsoe himself. He went rogue with the Suns and teams usually shy away from players with flapping red flags. If he came to Milwaukee or Denver and didn’t mesh with Giannis or Jokic, it would be a disaster. Until further notice, the Bucks and Nuggets are good to go with the status quo. Teams can gawk all they want at their lack of a true point guard … and then deal with the sight of a 6’11” Antetokounmpo reaching the rim in three steps, or with the sight of 6’10” Jokic throwing Bill Walton-like backdoor passes from the key. 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 NewsNov 2nd, 2017

Peso hits 13-year low anew

The peso weakened anew to the lowest level in almost 13 years, giving up 19 centavos at the start of the trading week amid the impending rate hikes by the US and Philippine central banks as well as worsening trade tension between the US and China......»»

Category: financeSource:  philstarRelated News6 hr. 22 min. ago

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 News6 hr. 22 min. ago

Kings looking to De’Aaron Fox to lead faster paced offense

By MICHAEL WAGAMAN, Associated Press SACRAMENTO, Calif. (AP) — Sacramento Kings coach Dave Joerger wants his team to run more this season and plans to give speedy point guard De’Aaron Fox all the room he needs. Fox was one of the fastest players in the NBA last year as a rookie, but the Kings offense was uneven most of the season and frequently bogged down in the half-court. With an influx of young, quick players added to an already youthful roster, the hope is that Fox can get Sacramento out and running and, possibly, back into the postseason. “The best thing you can do for him is play fast and give him as much room as possible,” Joerger said Monday at the Kings practice facility during media day. “To play small and try to do that is best for De’Aaron. He’s our franchise guy. I think he is and I think everybody kind of agrees on that.” The fifth overall pick in 2017, Fox started 60 games and averaged 11.6 points with 4.4 assists, but shot only 41.2 percent while struggling with an inconsistent mid-range jumpshot. The Kings were 20th in the NBA with 10.4 fastbreak points. Those are numbers Fox hopes to improve in his second season. “That’s the way I’ve always played,” Fox said. “I’ve always played for a team that gets up and down, high school college, AAU, all of that. That’s what (Joerger is) emphasizing this year. I’m excited to see what happens.” The Kings drafted Fox with the first of their three first-round picks a year ago, but used him sparingly early while George Hill ran the point. Hill was eventually dealt to the Cleveland Cavaliers as part of a multi-team trade. Fox flourished at times, but Sacramento struggled with its half-court offense and finished 27-55. Correcting the problems the Kings had there, as well as getting better in the fastbreak, are Fox’s main goals. “When we did do it, it was pretty effective but you don’t see too many young teams really executing at a veteran level in the halfcourt,” Fox said. “That’s something that I definitely need to work on as a point guard myself and us as a team.” Sacramento used the second overall pick this year on 6-foot-11-inch power forward Marvin Bagley III of Duke. Harry Giles, the 20th overall selection in 2017 who sat out his entire rookie season injured, is also back to add speed and size to the frontcourt. They also signed 6-10, 240-pound forward Nemanja Bjelica to play the stretch-four when the Kings want to go small. “Last year, our fastest lineup was playing Justin Jackson at power forward next to Bogdanovich and Buddy Hield,” Joerger said. “That group analytically would have been the fastest-paced team in the NBA. That serves to De’Aaron’s strength.” Better rebounding will also help, Joerger said. “It’s not easy to run when you’re always taking the ball out of bounds after a made shot,” Joerger said. “We have to try, try to get some stops. It’s fundamentals, fundamentals, fundamentals. It’s a commitment. DeAaron’s going to have to push it, but it takes all five guys.” Fox will be without his backcourt mate, Bogdan Bogdanovic, for the start of training camp. Bogdanovic underwent minor surgery Monday on his left knee after having a similar procedure done in April to repair a slight tear of the medial meniscus. No timetable has been given for his return. “It puts us behind a little bit,” Joerger said. “I was hoping to play he and Buddy Hield, either of them or play them together, at backup point guard. I wanted to see how that looks and put more scoring, shooting on the floor. So that will be a little behind.”.....»»

Category: sportsSource:  abscbnRelated News7 hr. 22 min. ago

Bayern toasting Bundesliga dominance ahead of Oktoberfest

By CIARAN FAHEY,  Associated Press BERLIN (AP) — Bayern Munich's rivals appear to have thrown in the towel already. "Bayern's superiority is striking," Schalke general manager Christian Heidel said after his team lost to the defending Bundesliga champions on Saturday. "The way they played, I can't imagine them losing another game." Bayern was supposed to have had a tough start against Hoffenheim, Stuttgart, Bayer Leverkusen and then Schalke, last season's runner-up. But the team's confidence is booming after winning every game comfortably since its loss to Eintracht Frankfurt in the German Cup final in May. "It can go on like that," Bayern sporting director Hasan Salihamidzic said. Ominously for Bayern's rivals, the Bavarian powerhouse has not lost during Oktoberfest for the last eight years. The 185th edition of the beer-festival in Munich started Saturday and runs until Oct. 7. While they may indulge themselves by wearing the traditional leather pants of the region, the players will have to resist the temptations of the jugs of wheat beer at the festival - at least until the last Sunday. "Until then they can maybe drink a radler," Salihamidzic joked, referring to beer watered down by non-alcoholic soda. Bayern coach Niko Kovac said the players know what is expected of them during Oktoberfest. "If they go there, they will certainly be recognized and that won't go down well. We'll have time to go there, but now we still have to get points," Kovac said. Bayern, which is going for a record-extending seventh straight title, next hosts Bavarian rival Augsburg on Tuesday, before traveling to second-place Hertha Berlin on Friday. A win against its closest rival could see Bayern open up a five-point lead after six matches. 'DEATH THREAT' Hoffenheim said it was shocked by the animosity displayed by Borussia Dortmund fans toward its billionaire backer, Dietmar Hopp, in the 1-1 draw on Saturday, when fans displayed what the club called a "death threat" against him. Dortmund fans rolled out a huge banner showing Hopp's head in crosshairs over the words "Hasta la vista, Hopp" across a large section of the guest block at the stadium in Hoffenheim. A similar banner, only much smaller, caused a stir 10 years ago. Dortmund chief executive Hans-Joachim Watzke apologized for the banner. Hopp is a target for Dortmund fans after initiating legal proceedings against more than 30 of them for alleged obscenities during a game last season. HERTHA HERO It took some time, but Ondrej Duda finally seems to have arrived at Hertha in his third season at the club. The Slovakia midfielder sealed the 4-2 win over Borussia Moenchengladbach on Saturday, taking his goal tally to a league-leading four in four games. Duda only made three league appearances - 67 minutes altogether - in his first season at Hertha after joining from Legia Warsaw in 2016, while he scored one goal in 17 appearances last season. GOETZE'S FALL Mario Goetze, who scored Germany's World Cup-winning goal in 2014, has yet to play for Dortmund in the Bundesliga this season. The 26-year-old Goetze was left out of the squad altogether for the game at Hoffenheim, a decision that coach Lucien Favre said was purely sporting......»»

Category: sportsSource:  abscbnRelated News7 hr. 22 min. ago

Easy opening-day victories for Santo Tomas spikers

University of Santo Tomas' Sisi Rondina and Babylove Barbon handily beat University of the Philippines' Isa Molde and Justine Dorog, 21-12, 21-12, at the start of UAAP Season 81 beach volleyball tournament on Monday at Sands SM By The Bay in Pasay City. Rondina, the three-time Most Valuable Player in her final year, and new partner Barbon are eyeing to give the Tigresses a third straight crown and a sixth title in eight seasons. It was a double victory for UST as its men's pair of Krung Arbasto and Jaron Requinton also beat Ateneo's Kurt Aguilar and Abai Llenos, 21-11, 21-14. Reigning men's champion National University, however, wasn't as fortunate as Bryan Bagunas and James Nat...Keep on reading: Easy opening-day victories for Santo Tomas spikers.....»»

Category: newsSource:  inquirerRelated News10 hr. 35 min. ago

Cosby back in court September 24 for start of sentencing

NORRISTOWN, USA - Disgraced US television icon Bill Cosby will return to a Pennsylvania court on Monday, September 24 to face sentencing for sexual assault, five months after his conviction at the first celebrity trial of the #MeToo era. The frail 81-year-old – once beloved as "America's Dad" – faces ........»»

Category: newsSource:  rapplerRelated News20 hr. 22 min. ago

UAAP beach volleyball: Tigresses open 3-peat bid with rout of Lady Maroons

University of Santo Tomas' Sisi Rondina and Babylove Barbon handily beat University of the Philippines' Isa Molde and Justine Dorog, 21-12, 21-12, at the start of the UAAP Season 81 beach volleyball tournaments Monday at Sands SM By The Bay. Rondina, the three-time MVP who is in her final year, worked hand in glove with her new partner Barbon to open the Tigresses' bid for a third consecutive crown on a winning note. It was a double victory for UST with its pair of Krung Arbasto and Jaron Requinton also making work of Ateneo's Kurt Aguilar and Abai Llenos, 21-11, 21-14, in the men's division. The reigning men's champion National University, however, wasn't as fortunate as Bryan Baguna...Keep on reading: UAAP beach volleyball: Tigresses open 3-peat bid with rout of Lady Maroons.....»»

Category: newsSource:  inquirerRelated NewsSep 24th, 2018

Drew Brees TD run in OT lifts Saints past Falcons 43-37

By Charles Odum, Associated Press ATLANTA (AP) — On the day he became the NFL's career leader in completed passes, Drew Brees' biggest plays came as a runner. Brees' 1-yard run capped an 80-yard touchdown drive to open overtime that lifted the New Orleans Saints to a 43-37 win over the Atlanta Falcons on Sunday. That came after his 7-yard score late in the fourth quarter forced the overtime. After the Saints won the coin toss, Brees and the Saints held the ball for more than seven minutes. Brees jumped over the pile on a quarterback keeper after his apparent 3-yard TD pass to Alvin Kamara was overturned. A review determined Kamara's knee was down before he crossed the goal line. Brees scored on the following play, giving the Saints (2-1) the win. "This was a wild one," said Brees, who passed for 396 yards and three touchdowns and ran for two scores. Kamara had 15 catches for 124 yards and ran for 66 yards. Brees' biggest play before the winner might have been his improbable 7-yard scoring run with 1:15 remaining that forced overtime. He ran to his left and then spun to avoid tackle attempts by Brian Poole and Robert Alford. "At some point, I felt they were coming to take my head off and I could probably spin out of it," Brees said, adding he now has film evidence to show the youth flag football team he coaches that "spin moves work. Spin moves are good." With his 14th completed pass, the 39-year-old Brees broke the record of 6,300 career completions set by Hall of Famer Brett Favre. Brees set the mark with a 17-yard pass to Michael Thomas in the second quarter. "I'm just very grateful," Brees said. "I hope there's a lot more coming. I just think about all the people who have had a hand in that. A lot of hands have caught a lot of passes. ... They are all a part of this." Atlanta's Matt Ryan had his first career game with five scoring passes. Calvin Ridley became the first Atlanta rookie with three scoring catches. That wasn't enough for the Falcons (1-2) against Brees and the high-scoring Saints, who gained 534 yards. Ryan bemoaned a lost opportunity when the Falcons were forced to punt when stopped at the Atlanta 44 with 25 seconds remaining in overtime. "We had chances to finish the game today and we didn't do that," Ryan said. "That's disappointing." Saints coach Sean Payton called the defensive stop "a huge part of the win." Ryan passed for 374 yards, including 146 to Ridley, who had seven receptions, including a 75-yard TD. Ridley's third scoring catch against the Saints was a 9-yarder early in the third quarter that held up following a review. Ryan's five touchdown passes tied the team record set by Wade Wilson on Dec. 13, 1992, at Tampa Bay. The fifth scoring pass to Mohamed Sanu came after Saints defensive tackle David Onyemata was called for unnecessary roughness on Matt Bryant's 29-yard field goal. With the penalty, the Falcons' offense came back on the field. Ridley beat P.J. Williams on his first two scoring catches, an 18-yarder in the first quarter and the 75-yarder in the second quarter. The Saints made a defensive switch, moving Ken Crawley into coverage on Ridley. Crawley was called for pass interference on a deep incompletion to Ridley early in the third quarter that gave Atlanta a first down at the New Orleans 5. On second down from the 9, Ridley's third scoring catch gave the Falcons a 21-16 lead. Brees completed his first four passes, including a 19-yard scoring pass to Ted Ginn Jr. on the Saints' opening drive. INJURY REPORT Saints reserve cornerback Patrick Robinson was carted from the field early in the third quarter with a left ankle injury. He did not return. Falcons safety Ricardo Allen left early in overtime with a left calf injury. He was helped to the sideline and then driven on a cart to the locker room. ... Reserve cornerback Justin Bethel injured a knee in the third quarter. ... Atlanta rookie linebacker Foyesade Oluokun left in the fourth quarter with an ankle injury. THOMAS THRIVING Thomas had 10 catches for 129 yards. His 38 catches are the most by an NFL player in his team's first three games to start a season. His 28 catches through two games also were a record. PASSING MONTANA Ryan's 75-yard scoring pass to Ridley was his 34th career TD pass against the Saints, the most by any quarterback. He surpassed Joe Montana's 33 TD passes against New Orleans. Ryan added three more, leaving his total at 37. DROPS FOR GINN Ginn dropped a sideline pass on a second-quarter drive that ended with a 49-yard field goal by Will Lutz bouncing off the left upright and over the cross bar. Later in the quarter, Ginn juggled a pass for an incompletion as he ran out of bounds on the Atlanta sideline. He finished with three catches for 12 yards. UP NEXT Saints: At New York Giants next Sunday. Falcons: Play their third straight home game against the Cincinnati Bengals next Sunday......»»

Category: sportsSource:  abscbnRelated NewsSep 24th, 2018

49ers fear QB Garoppolo sustained season-ending ACL injury

By Dave Skretta, Associated Press KANSAS CITY, Mo. (AP) — Kyle Shanahan was watching as Jimmy Garoppolo scrambled toward the 49ers sideline and, rather than safely duck out of bounds, stepped back to his right and took a wicked shot from Steven Nelson. At first, the San Francisco coach thought his quarterback had sustained a concussion. Turns out it may have been a season-ending knee injury. Garoppolo's left knee buckled just before the Chiefs' cornerback delivered a shoulder-to-shoulder blow, and that was the reason he went down so hard. Garoppolo was on the turf for a couple of minutes before he was helped to his feet and eventually carted off late in a 38-27 loss to Kansas City. "We fear an ACL," Shanahan said afterward. "We'll find out more tomorrow." That's bad news for the banged-up 49ers (1-2), who already lost top running back Jerick McKinnon to a season-ending knee injury and only have two other quarterbacks on the roster. C.J. Beathard took over for Garoppolo with just over five minutes left Sunday, and he appeared to throw a touchdown pass to George Kittle before offensive pass interference wiped it out. San Francisco had to kick a field goal and that wound up being the final margin. Now, Beathard is in line to start next week when the 49ers play the Chargers in Los Angeles, and Nick Mullens could get a call-up from the practice squad to serve as the backup. "Any time you lose your starting quarterback, that's a big deal. It was when we lost our starting running back, too," Shanahan said. "Feel for him personally. I know how disappointed he is." Beathard said he spoke to Garoppolo briefly in the trainer's room, and what little of their exchange he was willing to repeat made it quite clear the 49ers' franchise quarterback — who signed a five-year, $137.5 million extension in February — expects his season to be over. "I told him I'll be praying for him and I love him and he just told me to lead these guys," Beathard said. "I've never been in that situation with something possibly that serious. I can only imagine how tough it is for him this early in the season." It's also a big blow for the 49ers, who thought they had the pieces to contend for a playoff spot his season. Now, they've lost two of their most important offensive pieces, to say nothing of a series of injuries on defense Sunday that left them with a piecemeal backfield. Top cornerback Richard Sherman went down with a calf injury, while backup Tarvarius Moore left with a wrist injury. Strong safety Jaquiski Tartt was inactive with a shoulder injury and free safety Adrian Colbert hurt his ankle, forcing a bunch of backups to play significant snaps. Chiefs quarterback Patrick Mahomes wound up handling them for 314 yards passing and three TDs. "They do a lot of things. They use their personnel well. They have a lot of guys that are interchangeable and have a lot of tools," said backup safety Antone Exum Jr. "It's a team you have to stay disciplined on and play your assignment." Still, the 49ers leaned on running backs Alfred Morris and Matt Breida and the strong arm of their quarterback to mount a comeback. And after Garoppolo's TD toss to Marquis Goodwin in the third quarter made it 35-24, there was a sense of optimism on the San Francisco sideline. The 49ers were still trailing 38-24 when Garoppolo led them inside the Kansas City 5 in the final minutes. The Chiefs answered with sacks by Allen Bailey and Justin Houston on consecutive plays, then flushed Garoppolo from the pocket on third-and-goal from the 20-yard line. That's when the San Francisco quarterback headed for the sideline, decided to stay in play rather step out of bounds, and ultimately put the rest of the 49ers' season in question. "Just like we always do, you show up to work tomorrow," Shanahan said. "We'll all be men about it. We'll grade the tape hard and see what we did wrong. And when we show up Wednesday it's time to go. "It's part of the NFL season. It's what you have to do," he added. "We all feel for Jimmy. There's no doubt about it. We dealt with this with our running back, too. It's part of the NFL. We're not the first team this has happened to.".....»»

Category: sportsSource:  abscbnRelated NewsSep 24th, 2018

Peterson runs for 120 yards, 2 TDs, Skins top Packers 31-17

By Howard Fendrich, Associated Press LANDOVER, Md. (AP) — A week removed from what he called "an embarrassment," Adrian Peterson turned in his first 100-yard game in more than 10 months. Peterson ran for 120 yards and a pair of 2-yard scores, Alex Smith threw two touchdown passes and the Washington Redskins held on Sunday for a 31-17 victory over a gimpy Aaron Rodgers and the Green Bay Packers, who again had complaints about a roughing-the-passer penalty on Clay Matthews. On a rainy afternoon, the Redskins (2-1) went up 14-0 and were ahead 28-10 at halftime, thanks to putting together TD drives of 74, 75, 79 and 98 yards. Smith connected for TDs of 46 yards to Paul Richardson on the game's fourth play and of 9 to Jamison Crowder in the second quarter, and Peterson's two short trips to the end zone also both came in the first half. After gaining only 20 yards on 11 carries during a 21-9 loss to the Indianapolis Colts in Week 2, Peterson ran 19 times Sunday and raised his career total to 102 rushing touchdowns. That broke a tie at 100 with Marshall Faulk and Shaun Alexander and moved him alone into seventh place in NFL history behind Emmitt Smith's record of 164. Next up at No. 6 is former Redskins star John Riggins, at 104. "It felt good to get into 'The 100 Club.' I have a little time off now. Maybe I can look and see who I'm approaching," said the 33-year-old Peterson, referring to Washington's Week 4 bye. "Riggins, he's a guy that I do remember seeing up there on the list and thinking, 'God willing, I'll be able to pass him eventually.'" This was Peterson's 52nd game with at least 100 yards on the ground, and first since Nov. 5, 2017, for Arizona against San Francisco. Peterson left the game late after getting kicked in the ankle, but coach Jay Gruden dismissed that as nothing to worry about. Before that, Peterson had a 41-yard run, part of a group of big plays allowed by the Packers that included Smith's TD toss to Richardson, a 50-yard completion to Vernon Davis and a 34-yard completion to Jordan Reed. "We just came out and laid an egg in the first half. ... Missed tackles. Missed assignments," said Matthews, who was whistled for the way he sacked Smith late in the third quarter, then complained about the way NFL games are officiated nowadays. Smith went 12 for 20 for 220 yards. He also had his streak of 156 consecutive passes without an interception, the longest active run in the league, end in the second quarter. Safety Ha Ha Clinton-Dix made the pick when Reed went one way and Smith threw another. Playing with a bulky brace on his left knee, which he hurt in Week 1, Rodgers hobbled and limped around, and couldn't do enough to get the Packers (1-1-1) back into the game. He finished 27 for 44 for 265 yards with two TDs — of 64 yards to Geronimo Allison and 2 yards to Davante Adams — and was sacked four times. "I got a little banged up, but finished the game and I expect to start next week," Rodgers said. "It can be painful at times moving around, especially lateral movement. But I'm going to be out there if I'm up to it and try and get this thing back turned the right direction with a win next week." Green Bay's receivers had problems with drops, plus Randall Cobb was stripped of the ball by Fabian Moreau — Josh Norman recovered the fumble — after a completion with about 5½ minutes remaining in the fourth quarter. "I didn't give us an opportunity to win. Third-down drop on the first drive. Fourth-down drop. Fumble," Cobb said. "I played terrible." Right after that, Peterson helped seal the outcome, with three runs in a row for a total of 26 yards — a greater output than he managed in the entire game against the Colts. "In the fourth quarter there, when we needed it the most," Gruden said, "Adrian was able to make a big impact." INJURIES Packers: DL Muhammad Wilkerson was carted off in the second quarter with an ankle injury. ... RT Bryan Bulaga (back) and RG Justin McCray (shoulder) went out. ... LB Nick Perry was evaluated for a concussion. Redskins: RT Morgan Moses exited in the first quarter with a concussion. He was replaced by Ty Nsekhe. ... Gruden said Norman had "a little bit of a hamstring issue." GO, PACK, GO! There were several times when loud cheers of "Go, Pack, go!" rang out in the Redskins' stadium, a week after there were boos and Washington's home sellout streak ended. "It's crazy. They brought their fans to the hotel we're staying in," Norman said. "Then you saw them in the stands." UP NEXT Packers: Host the Buffalo Bills. Redskins: Bye week, play Oct. 8 at New Orleans......»»

Category: sportsSource:  abscbnRelated NewsSep 24th, 2018

Banking industry weakness weighs down Security Bank

NEWS of Security Bank Corp.’s (SECB) fund-raising via its five-year fixed rate note facility, coupled with the ongoing weakness from the banking industry in general, made it one of the most actively traded stocks last week. The post Banking industry weakness weighs down Security Bank appeared first on BusinessWorld......»»

Category: financeSource:  bworldonlineRelated NewsSep 24th, 2018

UAAP: Aljun Melecio doesn t want to fall in love with threes

Aljun Melecio’s long-range missiles finally hit the mark on Sunday. De La Salle University’s third-year lead guard scored 16 points on efficient 5-of-9 shooting, teaming up with Justine Baltazar to tow their team past University of the East. At the half, he already had 12 points, all coming from threes where he went 4-of-6, to lead the Green Archers in their strong start. That was already a vast improvement from Melecio’s first two games where he went 2-of-16 from deep. In the end, he added one more make from deep, hiking his season mark from long range to a more palatable 30 percent. While the former Rookie of the Year welcomed the development, he also admitted it to be a double-edged sword. “Actually, may positive and negative. Positive, kasi pumapasok yung shots ko tapos negative kasi sabi ni coach if pumapasok na yun, minsan nagre-rely na lang ako sa three-points,” he shared. He then continued, “Mali yun kasi sabi nga ni coach, marami pang opportunity na pwedeng i-drive sa basket. Mas nanggigigil ako if pumapasok yung three-points ko eh.” Indeed, Melecio could do much more than the one assist he had in all of 27 minutes on the floor. Still, that his deep shots are falling is nothing but a good sign both for him and the faithful over at Taft Avenue. --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsSep 23rd, 2018

Tiger Woods with 3-shot lead and 1 round away from winning

By Doug Ferguson, Associated Press ATLANTA (AP) — Tiger Woods made it look and sound as if he had never been gone. More than turning back time, every hole seemed like the one before Saturday at the Tour Championship. A tee shot striped down the middle of the fairway. The clean strike of an iron as he held his pose. A sonic boom of the cheers from around the green. Another birdie. "I got off to an ideal start," Woods said. "And the next thing you know, I was off and running." With the most dynamic golf he has played all year, Woods built a five-shot lead in seven holes before he cooled from there, settled for a 5-under 65 that gave him a three-shot lead over Rory McIlroy and Justin Rose and an ideal chance to end this comeback season with a moment that has defined his career. Winning. Woods has the 54-hole lead for the first time since his last victory in 2013 at the Bridgestone Invitational. He has never lost an official tournament when leading by more than two shots going into the final round, and his closing record with the lead is 42-2 on the PGA Tour. He has never been in better position to show he's all the way back from four back surgeries that once made him fear he might never play again. "I've gone through a lot this year to get myself to this point, and understanding and fighting my way through it," Woods said. "I'm certainly much more equipped than I was in March because of what I've gone through." Wood was at 12-under 198 and will be paired for the first time in final group with McIlroy on the PGA Tour. McIlroy birdied two of his last three holes for a 66. "It's obviously exciting for the golf tournament. It's exciting for golf in general that he's up there," McIlroy said. "But for me, all I can do is concentrate on myself. The game is hard enough without looking at other people. Go out there, take care of my business, and hopefully that's good enough." Rose started the third round tied with Woods, but not for long. Rose opened with two straight bogeys before battling back, but the world's No. 1 player already was four shots behind after four holes. He narrowed the gap with a birdie on the 16th as Woods had to scramble for bogey, a two-shot swing. "In some ways, it felt like a Sunday just with the energy," Rose said after a 68. "But I knew that it was halfway through a Saturday. Just wanted to sort of chisel a few back and give myself a chance going into tomorrow." Rose forgot about Woods and tried to beat East Lake, a game of match play in his mind, in a bid to stay in the game. He wound up with a hard-earned 68. There used to be no chance against Woods when he was atop the leaderboard going into the final round. His only losses with the 54-hole lead were the Quad City Classic in 1996 when he was 20 and making third start as a pro, and the 2009 PGA Championship at Hazeltine against Y.E. Yang. He also lost a two-shot lead to Lee Westwood in Germany at a European Tour event in 2000. Now? Woods has gone more than five years without winning. He also has won enough times — 90 tournaments around the world — to remember how. "It's a little more unknown now," Rose said. "Obviously, his history, his statistics from this point are impeccable. They're incredible. But he's human, and there's a lot on it for him tomorrow, as well as the rest of us." Woods has had four finishes in the top 5, a runner-up by one shot at Innisbrook and by two shots at the PGA Championship. Only once this year, however, has he started the final round within closer than four shots of the lead. Being up by three is a much better view. "Simple math says that if I play a clean card, the guys behind me have to shoot 67 to force it into extra holes," Woods said. "That helps. I don't have to shoot 63 or 64 and hope I get help. This is a spot I'd much rather be in than four or five back." The Saturday start was simply mesmerizing. Woods poured in a 20-foot birdie putt on the first hole. His wedge settled 8 feet below the hole on No. 3. His 20-foot birdie putt on No. 4 tumbled into the center of the cup with perfect pace. Two short birdies followed. And when he finally missed a fairway at No. 7, Woods hit a 9-iron from the bunker that hopped out of the first cut to about 5 feet for a sixth birdie in seven holes. The cheers were endless, and there was no doubting what was going on. "I've heard the roars all day, and it's been phenomenal," Paul Casey said after his 66. "What an atmosphere it is out there this week." Woods, however, made only one birdie over his last 11 holes, a wedge to 7 feet on No. 12. He missed badly on his tee shot at the par-3 ninth, and the shaggy rough to the right of the 16th fairway caused the face of his club to open, missing to the right. His flop shot didn't get up the hill and rolled back toward him, and his next pitch was a bump-and-run played to perfection that kept him from another double bogey. McIlroy also started strong, and being in the group ahead of Woods, he knew exactly what was happening. On Sunday, he get a front-row seat. The only other time they were paired together in the fourth round was at the 2015 Masters, when both were 10 shots behind Jordan Spieth. Rose won't be in the final group, but he has plenty on the line even if he doesn't catch Woods. He likely needs to finish in the top five to be assured of winning the FedEx Cup and the $10 million bonus......»»

Category: sportsSource:  abscbnRelated NewsSep 23rd, 2018

Yanks clinch wild card with 3-2, 11-inning win over Orioles

By Ronald Blum, Associated Press NEW YORK (AP) — The Yankees are back in the postseason, though not the way they wanted. Aaron Hicks doubled home the winning run in the 11th inning, and New York clinched an AL wild card with a 3-2 win over the Baltimore Orioles on Saturday. Rookie manager Aaron Boone will lead the Yankees into the winner-take-all Oct. 3 wild-card game, most likely against Oakland. The Yankees began the day 1½ games ahead of the Athletics for home-field advantage and are 53-27 at home this season. Hicks and Luke Voit homered in the second inning, but the Orioles tied the score with runs in the third and the fifth off Lance Lynn. Tampa Bay, third in the wild-card chase, lost at Toronto as the ninth inning was about to start in the Bronx. The Yankees finally broke through after Didi Gregorius singled off Paul Fry (0-1) starting the 11th. Giancarlo Stanton struck out. Hicks fouled a pitch off his left foot, then took a ball. He lined a low, inside slider down the left-field line, and Gregorius sped home, sliding in headfirst ahead of shortstop Jonathan Villar's relay throw. Gregorius spread his arms wide, and the Yankees poured out of the dugout to celebrate. New York sprinted to a 54-27 record at this season's halfway point and was ahead of Boston by percentage points in the quest for its first AL East title since 2012, but the Yankees slowed in the second half as Aaron Judge, Gary Sanchez, Gregorius and Aroldis Chapman got hurt. The Red Sox clinched their third straight division crown by beating New York on Thursday. Still, at 95-59 the Yankees matched their most wins since 2012 and equaled their season high of 36 games over .500. They will make their 54th postseason appearance — 21 more than any other team. Boone replaced Joe Girardi after the Yankees, led by a rebuilt roster filled with youth, reached last year's AL Championship Series but lost to Houston in seven games. New York's bullpen, which has struggled at times, showed its strength. Chapman, in his second outing since returning from the disabled list, struck out two in a perfect seventh inning — his earliest appearance in a game since Aug. 24 last year. Dellin Betances fanned three straight batters in the eighth, and Zach Britton struck out two more in a one-hit ninth. Jonathan Holder allowed DJ Stewart's double on his first pitch in the 10th but escaped. Baltimore had second and third with no outs when Adam Jones grounded to third with the infield in. After an intentional walk, Chris Davis lined out to a diving Voit at first and Breyvic Valera popped out. Tommy Kahnle (2-0) pitched a one-hit 11th. Baltimore dropped to 44-110, one shy of the franchise record for losses set by the 1939 St. Louis Browns. The Orioles entered 60½ games out of first place. Hicks and Voit connected in the second off David Hess, raising the Yankees' team-record home run total to 251. Voit's drive hit the Toyota sign above New York's bullpen in right-center and gave him 11 homers and 25 RBIs in 32 games since he was acquired from St. Louis. Cedric Mullins' tapper in front of the plate drove in a run in the third, and DJ Stevens singled in the tying run in the fifth. Baltimore's Steve Wilkerson was thrown out at the plate twice, by Gleyber Torres after the second baseman retrieved Sanchez's errant throw and by Judge on Caleb Joseph's single to right in the fifth. Wilkerson threw out Torres trying to score from third on Andrew McCutchen's seventh-inning grounder to third. Lynn struggled and failed to pitch a 1-2-3 inning. He allowed two runs — one earned — in five innings but got a key out in the fifth when Adam Jones bounced into an inning-ending forceout with the bases loaded. Jones is 2 for 15 against Lynn. Hess gave up two runs in five innings and is 1-9 in his last 15 starts. STRUGGLING A day after the Yankees said the struggling Sanchez would be their postseason starter, he allowed his major league-leading 15th passed ball — he tied for the high last year with 16. He also made his sixth error. MISSING Davis struck out three times, raising his total to seven in two games and 192 this season. He is hitting .168. DOUBLING DOWN Miguel Andujar hit his 42nd double, two shy of Joe DiMaggio's Yankees rookie record in 1936. LOOKING AHEAD Baltimore assured itself the top pick in next year's amateur draft with Friday's loss, which meant the Orioles will at best be tied with Kansas City for most defeats in the major leagues. The Orioles had a poorer record in 2017, which would be the tiebreaker. Baltimore's only previous No. 1 overall selection was used for right-hander Ben McDonald in 1989. TRAINER'S ROOM Orioles: RHP Andrew Cashner remains bothered by pain in his left knee. ... RHP Hunter Harvey is to have his sore elbow examined Monday, according to manager Buck Showalter. UP NEXT LHP J.A. Happ (6-0, 2.39 ERA with the Yankees; 16-6, 3.62 overall) starts Sunday's home regular-season finale and is lined up to start the wild-card game. He allowed one run and two hits over six innings to win at Oakland on Sept. 4. RHP Alex Cobb (5-15) starts for the Orioles......»»

Category: sportsSource:  abscbnRelated NewsSep 23rd, 2018

Nowitzki accepts bench role with Mavericks

LOS ANGELES: Dallas Mavericks veteran Dirk Nowitzki is ready to start his record 21st consecutive NBA season from the bench, the team confirmed Friday (Saturday in Manila). German star Nowitzki, who will become the first player in NBA history to play 21 seasons with the same club, re-signed with Dallas in July. The 40-year-old has [...] The post Nowitzki accepts bench role with Mavericks appeared first on The Manila Times Online......»»

Category: newsSource:  manilatimes_netRelated NewsSep 22nd, 2018

ONE Championship: New dad Danny Kingad balancing life as a fighter, a father, and a student

They say that when you become a father, everything changes. Such is the case for Team Lakay flyweight start Danny Kingad. Kingad and his girlfriend Jannine welcomed a bouncing baby boy into the world last August 14th, and safe to say, it’s given the 22-year old a new source of motivation. “Parang nadoble ‘yung sipag,” Kingad shared. “Everytime na nagte-train ako, nakikita ko siya, naeexcite ako.” The timing couldn’t be more perfect, as Kingad makes his return to action at ONE Championship: Conquest of Heroes on Saturday, September 22nd in Jakarta, Indonesia against Japanese newcomer Yuya Wakamatsu. The proud new father said that even though Jannine went into labor during his fight camp, never was it a distraction from preparing for the fight, rather it served as motivation. “Hindi distraction, kundi mas namomotivate ako.” Kingad expressed. “Mas excited na ako, excited na akong lumabas ‘yung baby. Dagdag sipag sakin eh.” Kingad explains that with the birth of his son Gleuordan Adrian, he’s gotten a new outlook on life and a renewed sense of responsibility. “Oo, nagbago na lahat. Wala na yung lakwatsa. dapat andun ka palagi para sa kanya, inaalagaan mo siya, tapos ayun, pagkatapos alagaan, training.” Now, Kingad faces the challenge of juggling the life of being a father, a fighter, and for the moment, a college student. Currently a third-year Education student at the University of the Cordilleras, Kingad says he’s managing to balance all three roles in his life. “Binabalance ko,” he proudly shared. "Meron naman si mother niya na nagbabantay sa kanya pag may training ako. Pag may time ako punta ako sa kanya tapos inaalagaan ko siya.”   Catch ONE Championship: Conquest of Heroes on Saturday, September 22nd at 10:30 PM LIVE on ABS-CBN S+A channel 23!   .....»»

Category: sportsSource:  abscbnRelated NewsSep 21st, 2018