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Oil price increases buoy Petron s bottom-line despite sales drop

The Ang-led oil refiner reported a net income of P1.73 billion, reversing last year’s P4.9-billion net losses......»»

Category: newsSource: philstar philstarMay 4th, 2021

Petron 9-month earnings in 2019 drop by 70%

MANILA, Philippines – Leading oil company Petron Corporation reported a massive 70% drop in its bottom line for the 1st 9 months of the year, netting just P3.6 billion from the P12.1 billion it earned a year ago. In a disclosure to the Philippine Stock Exchange on ........»»

Category: newsSource:  rapplerRelated NewsNov 5th, 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

Higher Philippines, Malaysia sales fuel Petron rebound in Q3

Petron Corp. returned to profitability in the third quarter as sales volume improved in line with a restart in economic activities on easing quarantine restrictions......»»

Category: financeSource:  philstarRelated NewsNov 3rd, 2020

Pryce sales volume down 5% in Q1

Listed Pryce Corp. expects its sales volume to drop by at least five percent this year as demand and the price of liquefied petroleum gas weakened because of the coronavirus pandemic......»»

Category: financeSource:  philstarRelated NewsApr 30th, 2020

Petron, Phoenix slash oil prices anew

PETRON and Phoenix Petroleum announced a price rollback by P3 to P4 per liter for gasoline and diesel products. Phoenix Petroleum took the lead when it slashed prices of gasoline and diesel by P3 per liter each on Friday. In its advisory, Petron said prices of gasoline and diesel will drop by P4 per liter each […].....»»

Category: newsSource:  manilatimes_netRelated NewsMar 14th, 2020

A step ahead? Nike s Vaporfly shoe changing marathon game

By PAT GRAHAM and ALEXANDRA OLSON Associated Press To pick the favorites in this year's Olympic marathon, just glance at the shoes of the runners on the starting line. Anyone wearing Nike's Vaporfly model may already have a head start. The shoe has shaken up distance running since the world’s largest sports apparel company introduced it four years ago, with technology credited for helping runners shave minutes off their times. To some, the advances are an exciting revolution. Others have called it “technology doping” that risks reducing marathons to a shoe competition. “Running is so simple. That's why people love it so much. Now we have a shoe that is blurring that," said Geoff Burns, a runner and Ph.D candidate at the University of Michigan's School of Kinesiology. The controversy prompted World Athletics, the sport’s governing body, to issue its most stringent shoe regulations in decades ahead of the Tokyo Games. But the Vaporfly escaped a ban, and the debate continues. Now, Nike has a new racing shoe that also squeaks by the new rules: The Air Zoom Alphafly Next%, which was unveiled at a flashy fashion show in New York on Wednesday night. Eliud Kipchoge of Kenya wore a prototype of the shoe when he ran the world's first sub-2-hour marathon in an unofficial race in October. Kenya’s Brigid Kosgei was also in a version of the shoe when she set the world record for women in Chicago last year. Geoffrey Kamworor of Kenya wore a version of Vaporfly when he won the New York Marathon in November. All three of the men’s marathon medalists at the 2016 Rio Olympics laced up a version of the shoe as well. Vaporfly shoes have become a common sight at marathons all over, easily spotted with their neon green or pink hue. Many marathoners are gladly paying the $250 price tag on Nike’s website — and sometimes more — even as they wonder how much credit they can personally take for improved results. Bryan Lam, an amateur marathoner in Washington, D.C. said he spent $400 for a pair of StockX ahead of the London Marathon last spring because the version he wanted was sold out elsewhere. He ran the marathon in 2:59.30, seven minutes faster than his previous personal best, a result he called “insane.” It helped him achieve his lifelong goal of qualifying for the Boston Marathon this year. “I’d like to think that it was because of all of my training for the London Marathon but I do think the shoes had something to do with my performance,” Lam said. “It’s definitely not a level playing field when those who can afford the shoes have that type of advantage." What differentiates the Vaporfly is a foam midsole that is lighter and less dense than others, allowing for extra cushioning without adding weight. The shoe also has a carbon-fiber plate that acts like a lever to reduce the work at the ankle. Independent and company-sponsored studies have found that the shoe gives runners a 4% edge in energy efficiency. The Air Zoom Alphafly Next% steps it up a notch with two “air pods" in the sole for extra cushioning. Both the Vaporfly and the Alphafly meet a World Athletic rule that limits the sole thickness to no more than 40 millimeters. The Alphafly will be available for sale to Nike members starting Feb. 29, meaning it meets a new rule that shoes must be available on the open market by April 30 to be allowed at the Tokyo Games. Kyle Barnes, an exercise science assistant professor at Grand Valley State University in Michigan, conducted a study around two years ago that compared the Vaporfly shoes to Nike’s Zoom Matumbo 3 (a track spike) and Adidas Adizero Adios 3. His findings showed about 4.2% more efficiency by wearing the Vaporfly model. Bottom line: Barnes estimated that slipping into the Vaporfly could potentially trim several minutes off a professional’s time and in the vicinity of 10 minutes for, say, a 4-hour marathoner. “It is a form of technology doping,” said Barnes, who co-authored the study with exercise physiology professor Andrew Kilding from Auckland University of Technology in New Zealand. “You're at a disadvantage not being in those shoes. ... Everything is happening so quick right now in the shoe industry.” World Athletics sought a middle ground in its recent decision, making clear that wearing the Vaporfly will not constitute cheating. But in tightening its rules, the Monaco-based organization signaled a new era of vigilance. The governing body said an expert working group will be created to assess new shoes entering the market and placed a moratorium on certain criteria for shoes. It also banned any shoe with a sole thickness of more than 40-millimeters, or that contains more than one plate. The Vaporfly controversy has drawn comparisons to the advantages that swimmers received wearing the Speedo LZR Racer, a full-body compression suit that trapped air for buoyancy and improved performance, leading to a slew of world records. Swimming's world governing body later banned all body-length swimwear. But the minimal technology involved in running has evolved only gradually, said Burns. The last major changes, he said, came in the 1960s and '70s, when shoe manufacturers developed EVA-based foam midsoles and all-weather tracks began replacing cinder tracks. N ike also is working on a fast shoe for the 100 meters. It's called the Nike Air Zoom Viperfly and as of now will not be at the Olympics because its design does not meet the new World Athletics regulations. Nike is looking at ways to adjust the shoe so that it will comply with regulations, according to a person familiar with the discussion. The person spoke on condition of anonymity of the ongoing process since it's not public. Other companies are also pushing the boundaries of shoe technology. Saucony has a carbon-plated shoe called the Endorphin Pro, which m arathoner Jared Ward wrote in a blog felt like the shoes were “pushing me forward into more of a half-marathon cadence.” Translation: It’s fast. Joyciline Jepkosgei won the women’s marathon in New York wearing an Adidas Adizero Pro prototype, which the company said in a statement conforms with the new rules. Adidas did not release details about the shoe's technical design. Hoka One One recently came out with the Carbon X, which was described as a cushioned, carbon-plated “speed machine” for a "propulsive, responsive ride.” “We’re all fans of the sport,” said Colin Ingram, director of product for Hoka One One. “We’re all for (technology advances) as long as we're able to do it within our own DNA when we decide to jump into the foray.” For the moment, though, Nike appears to hold a sizable lead over any rival. "I suspect they're three years behind, minimum, and so it'll take a long time before race results have any real integrity in a competitive sense," sports scientist Ross Tucker wrote in an email. “It turned athletes from 2:06 to 2:04. It decided results. It changed the relationship between physiological input and performance outputs.” Burns said a new era of advanced shoe technology could potentially disrupt the prevailing sponsorship model in running, in which shoe companies generally serve as the main sponsors of athletes. Burns said more athletes may look beyond shoe companies if a contract forces them to wear a shoe that puts them at a competitive disadvantage. "If you have guys bringing knives to a gunfight, it's not a good look for the knife sponsors," Burns said. American distance runner Roberta Groner doesn't have a shoe deal and trains in a variety of brands, including a version of the Vaporfly. She could be wearing that model at the U.S. Olympic marathon trials in Atlanta later this month. "I don't get into the science," Groner said. “I just go with how I feel.”.....»»

Category: sportsSource:  abscbnRelated NewsFeb 7th, 2020

Liverpool, Man City helped by goalkeeper errors in EPL wins

By Steve Douglas, Associated Press It was a day of goalkeeping blunders in the English Premier League. Liverpool and Manchester City, seemingly set for another duel for the title, benefited from two of them in hard-fought away wins on Saturday. Liverpool eked out a 1-0 victory at Sheffield United but only after home goalkeeper Dean Henderson let a volley from the edge of the area by Georginio Wijnaldum slip through his arms and legs in the 70th minute. That's seven straight wins to open the campaign for Liverpool, and 16 in a row in the league stretching back to March. Two more and the Reds will equal the top-flight record set by City in 2017. City, meanwhile, was drawing 1-1 against Everton and dipping below its usual high level when Riyad Mahrez took aim with a free kick in the 72nd minute. Goalkeeper Jordan Pickford should have had it covered but the ball went under his hand and crept inside the far post, before Raheem Sterling wrapped up a 3-1 win with a late goal. The gap between Liverpool and second-place City stayed at five points. West Ham, in third spot, is a further four points adrift. Capping a forgettable day for goalkeepers, Tottenham's Hugo Lloris was dispossessed near his own line to concede a goal against Southampton. His teammates rescued him by winning 2-1 despite playing with 10 men for an hour, lifting the side to fourth. TOP TWO DIG IN Neither Liverpool nor City was at their fluent best, but still found ways to win. It is not yet October and they are already pulling clear of the rest. Liverpool, in particular, was put off its game by the intensity and work rate of Sheffield United before Henderson's mistake cost the promoted side. Henderson is on loan from Man United, traditionally Liverpool's fiercest rival. It was just a second clean sheet in the league for Liverpool, which kept a league-high 21 last season. "Eight times 1-0 is more important than one time 8-0," said Liverpool manager Jürgen Klopp, referring to City's massive win by that score against Watford last weekend. City never reached those heights against Everton, though Kevin De Bruyne excelled once again, collecting his eighth assist in the league with a curling cross headed home by Gabriel Jesus. Dominic Calvert-Lewin equalized for Everton, which forced City goalkeeper Ederson Moraes into some smart saves. "They are on an incredible run," City manager Pep Guardiola said of Liverpool. "They don't drop points and they win well. We know it, the players know it. It is not easy." DEFIANT SPURS Lloris' mistake was probably the worst of the day. The France captain collected the ball near his line, dithered and tried to beat Southampton striker Danny Ings with a deft turn. Ings dispossessed Lloris and the ball rolled into the net, leaving the score 1-1 after Tanguy Ndombele's early goal. By that stage, Tottenham was also a man down after the 31st-minute red card to Serge Aurier for two bookings but Mauricio Pochettino's team still prevailed, Harry Kane finishing a flowing move in the 43rd to make it 2-1. Spurs have had a difficult start to the season — losing on penalties to fourth-tier Colchester in the League Cup in midweek — but they are still in the Champions League places. WEST HAM FLYING Doing even better than Tottenham, somewhat surprisingly, is West Ham. A 2-2 draw at Bournemouth, earned by left back Aaron Cresswell's 74th-minute equalizer, lifted West Ham to third. The London team's only loss came on the opening weekend, a 5-0 hammering by Man City. It was Cresswell's second goal in as many games. He also curled in a free kick in a win against Manchester United last weekend. HOME WIN FOR CHELSEA Chelsea finally kept a clean sheet this season, and it earned Frank Lampard a first home win in the league since his return as manager. Jorginho converted a penalty and Willian scored with a deflected shot as Chelsea beat Brighton 2-0 with both goals coming in the second half. It was the ninth straight league loss for Brighton against Chelsea — an English record run for most games played, and lost, against one opponent. Lampard had two draws and a loss in his first three league games at home following his return to Chelsea, where he is the all-time top scorer. STILL BOTTOM Watford will head into October still without a league win. Wolverhampton Wanderers consigned Watford to a fifth loss in seven games by winning 2-0 at Molineux thanks to an effort from Matt Doherty and an own-goal by Daryl Janmaat. Watford has two points and was on the end of an 8-0 thrashing by Man City last weekend. In the other two games, Burnley equalized twice in a 2-2 draw at Aston Villa, and Crystal Palace won 2-0 at home to Norwich......»»

Category: sportsSource:  abscbnRelated NewsSep 29th, 2019

MLB attendance drops in boom-bust era of big winners, losers

By Ronald Blum, Associated Press NEW YORK (AP) — Major League Baseball has entered the Boom/Bust Era. An unprecedented four teams are set to win 100 games in the same season, perhaps even five. Four clubs lost in triple figures for only the second time. Amid widespread claims the baseballs have changed, hitters shattered the home run record for the second time in three seasons. And sparked by batters going for the fences to beat suffocating shifts, strikeouts set a record for the 12th year in a row and outnumbered hits for the second straight season. With some teams out of contention even before their first pitch, average attendance has dropped four years in a row for the first time since the commissioner's office started tracking it in 1980. "We're going to draw 68-plus million people at the big league level," baseball Commissioner Rob Manfred said this week, "another 41 million in minor league baseball — they're actually going to be up. I'll take 110 million people going to see the sport live. That's a really, really awesome number in an environment where people have more and more and more alternatives to consume." More and more teams have adopted an all-in or all-out philosophy. If they don't think they can win it, why bother to be in it? Better to shed expensive veterans and rebuild with cheaper rookies — and incur the box-office hit. Management calls that prudent rebuilding. The players' association labels it tanking. "We have some of the most remarkably talented players our game has seen as a whole in a long time," union head Tony Clark said. "But the willful failure of too many franchises to field competitive teams and put their best players on the field is unquestionably hurting our industry." San Francisco has dropped from 3.2 million fans at home to about 2.7 million, Seattle and Toronto both from 2.3 million to about 1.8 million. Baltimore drew 1.3 million, its lowest total at home in a non-strike shortened season since 1978. Kansas City's 1.5 million is its lowest since 2006. While Philadelphia rose by about 500,000 following the signing of Bryce Harper and Minnesota by 300,000 during the Twins' winningest regular season in a half-century and San Diego by over 200,000 after adding Manny Machado, about half the teams are headed to declines. This year's drop was just around 2% with three days left in the regular season, from 28,830 to 28,252, but the final average should rise slightly after weekend games. The average fell below 30,000 last year for the first time since 2003. Manfred points to increases in television viewers. Fox is up 9% this year and at a seven-year high, and local broadcasts are first in prime time in 24 of 25 markets. Use of MLB's At-Bat app is up 18%. Still, wins and attendance are correlated in many markets. "We've lost a lot of games this year, a few more than we wanted to, but ultimately it's about getting on the right side of things and sometimes you do have to take a step back," said Mariners manager Scott Servais, whose team entered the weekend 66-93. "The disparity in the game between the top and the bottom, it's real. There's no question about it. Is it good for the game? I don't know. I do know that there are a lot of really smart people that work in front offices and ownership groups and they do realize that sometimes you do need to pull back, and that's what we're doing, and I'm all in because I think it's going to work." Houston (104 wins), the Los Angeles Dodgers (103) and New York Yankees (102) all broke the century mark with time to spare, and Minnesota (99) and Atlanta had a chance to join them. It's the third consecutive year three teams have reached 100 — before this run it occurred only in 1942, 1977, 1998, 2002 and 2003. Detroit (112), Baltimore (107), Miami (103) and Kansas City (101) gave baseball four 100-loss teams for the first time since 2002. One-sided season series included Houston going 18-1 against Seattle and the Yankees 17-1 vs. Baltimore. "Whether a team loses 95 or loses 100, I just don't see that as a relevant issue," Manfred said. "I think the more important point is that we have different clubs from all sorts of market sizes that are successful." Players are upset that many teams failed to pursue free agents the last two offseasons, executives concentrating two-to-five years into the future rather than trying to win now. "Each free agent market is a little bit different, but what we have seen that seems to be consistent over these last two markets is this all-in and all-out mentality," Clark said. Still, spending and success are not completely linked. Tampa Bay, last in payroll at $66 million, has a chance to make the playoffs along with Oakland, 25th at $95 million. Three of the six highest payrolls failed to reach the postseason: No. 1 Boston ($228 million), the No. 3 Chicago Cubs ($217 million) and No. 6 San Francisco ($181 million). Throughout the game, the increase in home runs and strikeouts has been a constant. The 6,647 home runs through Thursday were up 19% from last year and well above the previous record of 6,105 in 2017. About half the clubs are on track to establish team records, led by Minnesota (301) and the Yankees (299), who set the previous big league mark of 267 last year. Already 128 players have hit 20 or more homers, 11 more than the old high set in 2017, according to the Elias Sports Bureau. Among that group, 55 have reached 30 to better the record of 47 that had stood since 2000. And 23 pitchers have 200 or more strikeouts, topping the post-1900 record of 18 in both 2015 and last year, Elias said. Baseball's efforts to quicken the pace of games have not resulted in swifter play: the average time of a nine-inning game is 3:05:35, up from 3:00:44 last year and 3:05:11 in 2017. MLB and players have agreed to cut the active roster size from Sept. 1 on from 40 to 28 and increase the maximum from 25 to 26 from opening day through Aug. 31, which should cut down on late-season pitching changes. Management has not decided whether to exercise its right to install pitch clocks and a three-batter minimum for next year. "We'll have a final answer once I have a chance to review the issue with ownership in November," Manfred said. On-field rules are part of collective bargaining. The sides agreed last winter to an early start to negotiations for a labor deal to replace the agreement that expires in December 2021. But there have been just three negotiating meetings, one of them a preliminary session, and the labor rules will remain unchanged this offseason. "We made a deal in 2016. We're good," Manfred said. "The union's got to decide what it is they want us to consider. When they're ready to do that, I'm sure they will make a proposal." Said Clark: "We have had conversations. We anticipate those conversations continuing and at the point in time that they lend themselves to proposals from both sides, then we'll do so." ___ AP Sports Writer Tim Booth contributed to this report......»»

Category: sportsSource:  abscbnRelated NewsSep 28th, 2019

MPBL: Inspired Gensan hands San Juan first loss of season

Gensan Warriors - Burlington shattered San Juan Knights - Go For Gold's air of invincibility by defeating the champs 97-91 in Friday night's second game of the Maharlika Pilipinas Basketball League Lakan Season. The crowd at the Muntinlupa Sports Complex saw the San Juaneños lose for the first time since the finals of the Datu Cup to drop to 10-1, while Gensan goes to 9-2. Warrior Robby Celiz was a tower of power for his team, scoring 27 points and hauling down 8 rebounds off the bench. The forward went into the zone in the third quarter with 13 points, including an alley-oop conversion as Gensan produced a 34-point barrage in that segment to lead 70-65 at the start of the fourth. A Mike Williams fadeaway with four minutes to go put the Warriors in front 88-76, but a proud San Juan squad would not lay down. Triples from John Wilson and Mike Ayonayon keyed a breathtaking 12-0 run that squared the match at 88-88 with 2:40 left. However, the Warriors responded with a triple from Pamboy Raymundo and a pair of free throws from Celiz to re-establish their lead. Then with 42 ticks left Celiz put the icing on the cake with an artful fadeaway for a 95-89 lead that locked down the W. Wilson was masterful with 29 points in the loss but his side simply couldn't come up with enough stops. In the featured match,the Bicol Volcanoes LCC Malls showed grit and character in defeating Muntinlupa Cagers Angelis Resort 90-87 in front of a loud Muntinlupeño crowd. It was an entertaining affair right down to the last plays, with Bicol skipper Ronjay Buenafe claiming player of the game honors with 14 points, 9 assists and 9 rebounds. Dave Moralde debuted as the Cagers' playing coach, but he was unable to get a victory. Moralde's team was hampered by the loss of three big men in quick succession. In the third quarter RR De Leon was tossed for a second unsportsmanlike foul in an altercation with Jonas Guerrero. The Volcano was also kicked out of the playing area for picking up an unsportsmanlike along with an earlier technical. Nevertheless, Munti led 72-65 at the start of the fourth. But soon after Edzel Mag-isa was called for a fifth foul and four minutes later Jed Salaveria also graduated. Moralde had to go deep into his depth chart and dust off center Mark Guillen, who chipped in 5 points. Without a strong inside presence from the Cagers, Bicol grabbed a 79-75 lead on a Jerome Garcia bucket with 4 minutes to go. Moralde channeled his inner Bobby Jaworski and inserted himself into the game, delivering 5 points in a 7-0 run. But Bicol fought back, and a stylish Garcia turnaround jumper gave the visitors an 88-85 advantage with 31 seconds left. A Biboy Enguio putback cut the lead to one but the Fil-Indonesian muffed an easy undergoal stab and a late three as Bicol salted away the game from the line. John Ortuoste led Munti with 19 points, one more than Enguio. Garcia matched Buenafe's 14 point contribution. Bicol advances to 7-5 while Muntinlupa slumps to 3-9. In the first game of the tripleheader the Mindoro Tamaraws uncorked a 31-point fourth quarter to deny the SOCCSKSARGEN Marlins Armor On a first win. The Southern Tagalog side led 88-82 with a minute and a half to go when the Marlins mounted a late 5-0 run capped by a Spencer Eman basket to pull to 88-87 with 28 seconds remaining. But Mac Baracael hit a pair of clutch free throws to give the Tams a cushion, then on the next play picked off a loose cross-court pass by Matt Bernabe. Baracael was fouled and a split from the line completed the scoring. Baracael scored 16 and amassed 15 boards but the biggest offensive provider for Mindoro was Francis Camacho, who had a huge 32-point night. Raniel Diwa's 20 points was tops for the Marlins. Mindoro go to 4-7 while SOCCSKSARGEN stay rooted at the bottom of the South Division at 0-9......»»

Category: sportsSource:  abscbnRelated NewsAug 24th, 2019

Raiders GM to absent Brown: Time to be All in or all out

By Josh Dubow, Associated Press Oakland Raiders general manager Mike Mayock told disgruntled receiver Antonio Brown it's time to decide whether he's "all in or all out" about playing this season after losing a fight with the NFL and NFLPA over his helmet. Mayock issued a statement to reporters that the Raiders released in a video on Twitter expressing his frustration that Brown didn't participate in practice Sunday despite being healed from the frost-bitten feet that have sidelined him for most of training camp. GM Mike Mayock issued a statement today regarding Antonio Brown. pic.twitter.com/5ueLsrOmid— Oakland Raiders (@Raiders) August 18, 2019 "You all know that A.B. is not here today. So here's the bottom line. He's upset about the helmet issue. We have supported that. We appreciate that," Mayock said. "But at this point, we've pretty much exhausted all avenues of relief. So from our perspective, it's time for him to be all in or all out. So we're hoping he's back soon. We've got 89 guys busting their tails. We are really excited about where this franchise is going and we hope A.B. is going to be a big part of it starting Week 1 against Denver. End of story. No questions." Brown has been upset that the NFL and NFLPA won't allow him to use the same Schutt Air Advantage that he has used throughout his career. Brown filed a grievance over the issue that he lost on Aug. 12 and then set out to find a newer version of the helmet that was less than 10 years old to get approved. Brown's agent, Drew Rosenhaus, said last week after Brown returned to the Raiders training camp facility that they had found several helmets and were waiting formal approval. Brown took part in pregame warmups before an exhibition game in Arizona on Thursday night and took part in a walkthrough on Saturday, prompting coach Jon Gruden to express confidence that he would soon be able to practice. The helmet was sent to the independent Biokinetics Inc. lab in Ottawa for testing with results shared with biomechanical engineers from both the league and union, a person familiar with the testing said on condition of anonymity because the results weren't released. The person said the helmet was no different than the 2010 version that had previously been rejected and both the league and union determined it wasn't safe enough to be used. Pro Football Talk first reported the failed test after the Raiders walkthrough on Saturday, prompting a profane response from Brown on Twitter. He then didn't take part in practice Sunday, leading to Mayock's forceful statement. Brown had 686 catches and 9,145 yards receiving the past six seasons in Pittsburgh, the best marks ever for a receiver in a six-year span. But he still wore out his welcome with the Steelers after leaving the team before a crucial Week 17 game last season and was able to be acquired by Oakland in March for the small price of third- and fifth-round draft picks. But the drama that surrounded Brown in Pittsburgh didn't stop upon his arrival with the Raiders even though he was given a hefty raise with a three-year contract worth $50.125 million. Brown injured his feet while getting cryotherapy treatment in France, forcing him to start training camp on the non-football injury list. Brown was activated on July 28 and participated in parts of two practices before leaving the team to get treatment on his feet and deal with the grievance with the NFL. Brown returned to the Raiders on Aug. 13 but still hasn't participated in a full practice all of training camp. The National Operating Committee on Standards for Athletic Equipment sets performance and test standards for equipment. Brown's Schutt Air Advantage helmet is no longer allowed because the NFL follows the National Athletic Equipment Reconditioners Association (NAERA) rule that helmets 10 years or older cannot be recertified. Schutt discontinued making the helmet three years ago because current technology had moved past it, according to the company. Brown was one of 32 players using helmets last season that are now banned by the league and players' association. Those players, including Tom Brady, were able to use the helmets last season under a grace period but were required to make the change in 2019......»»

Category: sportsSource:  abscbnRelated NewsAug 19th, 2019

Brigadiers drop upset ax on Light Bombers to drive into NCAA 95 win column

STANDINGS San Beda 4-0 Arellano 4-1 CSB-LSGH 3-1 JRU 4-3 LPU 3-2 San Sebastian 2-2 Perpetual 2-3 Letran 2-4 Mapua 1-4 EAC 1-5 Emilio Aguinaldo College finally got the monkey off its back in the NCAA 95 Juniors Basketball Tournament, stunning Jose Rizal University High School, 75-69, for win no. 1, Thursday inside the latter's home gym in Shaw Boulevard, Mandaluyong. The Brigadiers leaned on total team effort to, at long last, break through inside the winners' circle after six games. Indeed, five different players got together in their 10-2 run that turned a one-point deficit  with under two minutes remaining into a six-point win. "Chinallenge ko talaga sila how to end the game and have that winning moment sa ganitong crowd," a beaming head coach Azli Guro said in his first post-win interview. Seldom-used Joshua Baruelo started it all off with an inside basket, his first and only make of the game, while Adrian Balowa and Mark Sanosa followed suit with a shot clock-beating triple and a split from the stripe, respectively. Light Bombers scoring machine Gholam Garcia hit a putback to pull his side within three with 19.7 ticks to go, but Ron Encila and JR Ilustrisimo closed the door on them once and for all by going 3-of-4 from the line. In the end, Balowa topped the scoring column with 22 points while Ilustrisimo also added 14 markers and seven rebounds. Point guards Dandoy and Sanosa also tunred in big-time contributions as the former finished with 13 points, six assists, four rebounds, and two steals and the latter ended with 11 markers, two boards, two dimes, and two pilfers. Even after the breakthrough win, though, EAC remains at the bottom of the standings at 1-5. Still, coach Azli is nothing but hopeful they have turned the corner. "This is a good morale-booster for us. Sana, magtuloy-tuloy na talaga para sa amin," he said. On the other hand, after back-to-back convincing victories, the Light Bombers have been sent crashing back to earth now at 4-3. Garcia scored 14 points in 3-of-12 shooting while Condrad Famaranco and Vince Icban also struggled, only merging for seven markers in 3-of-13 shooting. BOX SCORES EAC 75 - Balowa 22, Ilustrisimo 14, Dandoy 13, Sanosa 11, Macaraya 5, Encila 2, Baruelo 2, Rodrin 2, Mejia 2, Calipco 2, Sollestre 0, Cabuhat 0, Lomogda 0 JRU 69 - Gentalan 15, Garcia 14, Medina 12, Joson 7, Lenon 7, Icban 5, Sy B 4, Fortuna 3, Famaranco 2, Ramirez 0, Sy W 0 QUARTER SCORES: 17-11, 32-33, 53-53, 75-69 --- Follow this writer on Twitter, @riegogogo......»»

Category: sportsSource:  abscbnRelated NewsAug 1st, 2019

Higher finance costs weigh on RWM operator’s bottom line

THE owner and operator of Resorts World Manila (RWM) recorded a 45% drop in attributable profit in the January to March period due to higher finance costs......»»

Category: newsSource:  bworldonlineRelated NewsMay 15th, 2019

Property & Infrastructure: Singapore new home sales rise to one-year high as prices drop

THE NUMBER of new homes sold in Singapore rose to the highest in a year in July, with buyers snapping up new projects after almost three years of price declines......»»

Category: financeSource:  bworldonlineRelated NewsAug 15th, 2016

Corporate News: Ayala Corp. beefs up industrial portfolio with motorcycle JV

AYALA CORP. is building an automotive and manufacturing portfolio to further buoy the oldest Philippine conglomerate that registered a 32% higher bottom line last semester......»»

Category: financeSource:  bworldonlineRelated NewsAug 11th, 2016

SSS to members in MECQ areas: Go online, use drop boxes

In line with the declaration of the modified enhanced community quarantine in Metro Manila and other provinces, all offices and branches of the Social Security System located in these areas will operate with skeleton workforce to ensure the continuous delivery of services......»»

Category: newsSource:  philstarRelated NewsApr 15th, 2021

Prices of pork and chicken drop in Cebu City

CEBU CITY, Philippines — The prices of pork and chicken have dropped to normal in the markets here after a surge in the prices was maintained for almost three months. Market Operations Division (MOD) Head Irvin Cabales said that the price of pork has now dropped to P160 to P200 per kilograms from the previous […] The post Prices of pork and chicken drop in Cebu City appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsApr 14th, 2021

270,000 hogs delivered to Metro Manila during price cap implementation

Over 270,000 hogs were delivered to markets in Metro Manila in two months, in line with the Department of Agriculture (DA)’s effort to augment supply and stabilize pork prices in the market......»»

Category: newsSource:  philstarRelated NewsApr 9th, 2021

LRT-1 rail line increases speed to 60 kph

"All these upgrading works also serve to complement the team’s preparations for the commercial service of our new Gen-4 trains in the latter part of the year," Enrico Benipayo, LRMC chief operating officer said. .....»»

Category: newsSource:  philstarRelated NewsApr 5th, 2021

How gender equity affects the bottom line

The case for gender equity in the workplace goes beyond ethics and vanity metrics. It is a business one, and the numbers say it all......»»

Category: newsSource:  thestandardRelated NewsMar 24th, 2021

Labella to MCWD board: Don’t let legal battles affect management

CEBU CITY, Philippines — The legal battle between the terminated and the incumbent board of directors of the Metropolitan Cebu Water District (MCWD) has come at the most crucial time for the water utility. As the summer season approaches, the water supply is expected to drop with the summer heat treading a thin line between a […] The post Labella to MCWD board: Don’t let legal battles affect management appeared first on Cebu Daily News......»»

Category: newsSource:  inquirerRelated NewsMar 20th, 2021