Fearless Romeo saves day for GlobalPort: ‘It was a gutsy move’

first_imgEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Ai-Ai delas Alas on Jiro Manio: ‘Sana pinahalagahan niya ang naitulong ko’ Gerald: Just because I’ve been bashed doesn’t mean I’d stop working GlobalPort guard Terrence Romeo during the Batang Pier’s game against the Alaska Aces on Sunday, June 4, 2017, at Mall of Asia Arena. Tristan Tamayo/INQUIRER.netTerrence Romeo is often criticized for his hero-ball mentality, but with GlobalPort’s season on the line, it was the super scorer’s score-first mindset that won it for the Batang Pier on Sunday night.With GlobalPort down by a point, Romeo took matters into his own hands and drilled a killer trey to beat Alaska for the last quarterfinals berth in the 2017 PBA Commissioner’s Cup.ADVERTISEMENT Trump’s impeachment defense, prosecutors dig in Trump’s impeachment defense, prosecutors dig in Ex-Bulacan town vice mayor, village chief shot dead “My thinking was I know we have to play one more game. It didn’t cross my mind that we’re going to lose,” he said. “Every time I shot the ball, even though I was missing, I was reminding myself that I have to make it and I want to contribute to the team.”Romeo scored 26 points on 9-of-20 from the field that went with five rebounds and three assists.However, the Batang Pier would need more than that from Romeo against top seed Ginebra, which enjoys a twice-to-beat advantage in the quarterfinals.“I still haven’t thought about Ginebra. All I want is to go on practice tomorrow (Monday) and prepare. Whatever happens on Tuesday, all I want is for us to be prepared,” he said.ADVERTISEMENT China reports 17 new cases in viral pneumonia outbreak Filipinos turn Taal Volcano ash, plastic trash into bricks PLAY LIST 01:40Filipinos turn Taal Volcano ash, plastic trash into bricks01:32Taal Volcano watch: Island fissures steaming, lake water receding02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite Swing Out Sister back to PH this April For Ina, portraying a zombie is like an ‘out-of-body experience’ “It’s a gutsy move. It takes one great player to be willing to take that shot. That’s why he’s Terrence Romeo. In short, makapal talaga ang mukha niya (he’s never shy in taking the shot),” Batang Pier head coach Franz Pumaren said with a smile after his team escaped the Aces, 107-106.Romeo joked that he just did what Pumaren used to do during his heyday.FEATURED STORIESSPORTSEnd of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legendSPORTSMcGregor blasts Cerrone in 40 seconds in UFC returnSPORTSBreak new ground“I told him in the dugout that perhaps, back in his heyday, he’d end up doing what I did. He’s also not scared when it comes to taking the big shots so I just did what he’d do,” Romeo said in Filipinio.Romeo shared his will to win roots from his desire to carry GlobalPort into the playoffs. Sports Related Videospowered by AdSparcRead Next Batang Pier brace for series vs Kings View comments Don’t miss out on the latest news and information. MOST READ LATEST STORIESlast_img read more

Americans protest on medals stand at Pan Am Games

first_img“Racism, gun control, mistreatment of immigrants, and a president who spreads hate are at the top of a long list” of America’s problems, Imboden said in a tweet sent after his team’s foil medals ceremony. “I chose to sacrifice my moment today at the top of the podium to call attention to issues that I believe need to be addressed.“I encourage others to please use your platforms for empowerment and change.”FEATURED STORIESSPORTSGolden State Warriors sign Lee to multiyear contract, bring back ChrissSPORTSCoronation night?SPORTSThirdy Ravena gets‍‍‍ offers from Asia, Australian ball clubsBerry raised her fist as America’s national anthem was played to honor her win in the hammer throw. She called out injustice in America “and a president who’s making it worse.”“It’s too important to not say something,” Berry told USA Today. “Something has to be said. If nothing is said, nothing will be done, and nothing will be fixed, and nothing will be changed.” Christmas Eve chaos in Hong Kong as police and protesters clash PLAY LIST 01:17Christmas Eve chaos in Hong Kong as police and protesters clash01:19Iraq protesters create Christmas tree out of flags02:26Trump lashes out as impeachment trial is in limbo02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award03:05Malakanyang bilib sa Phivolcs | Chona Yu01:26Homes destroyed after Taal Volcano eruption02:48ABS-CBN franchise has ‘natural deadline,’ no need for quo warranto — Gatchalian The history of high-profile protests at the Olympics dates to the 1968 Games in Mexico City, when sprinters Tommie Smith and John Carlos raised their fists during the medals ceremony for the 200-meter dash.The issues haven’t changed all that much in the ensuing 50 years.Quarterback Colin Kaepernick has been out of a job since shortly after he started kneeling during the national anthem before 49ers games in 2016 to protest police brutality and social injustice in America.Since then, athletes representing the U.S. have faced scrutiny about what, if any, signs of protest they might show if they land on the podium at an Olympics or other major event. Among the issues that have been fodder for possible protest have been race relations, the treatment of the LGBT community, social injustice and disagreements with President Donald Trump.The actions by Berry and Imboden will test the Pan Am Sports Organization and the U.S. Olympic and Paralympic Committee’s resolve to enforce rules that restrict political protests.ADVERTISEMENT The USOPC said in a statement on Sunday that its leadership is reviewing possible consequences. Berry is on the U.S. team that will head to the track and field world championships next month.“Every athlete competing at the 2019 Pan American Games commits to terms of eligibility, including to refrain from demonstrations that are political in nature,” the statement said. “In these cases, the athletes didn’t adhere to the commitment they made to the organizing committee and the USOPC. We respect their rights to express their viewpoints, but we are disappointed that they chose not to honor their commitment.”Sports Related Videospowered by AdSparcRead Next View comments Steaming fissures on Taal Volcano Island spotted Man United routs Chelsea to ruin Lampard’s EPL coaching debut MOST READ With the rise of e-commerce, is it also the end for our beloved CD-R King? DENR suspends entrance fee collection to Bohol’s man-made forestcenter_img ‘Game of Thrones’ spin-off on Targaryens may premiere in 2022 In this Friday, Aug. 9, 2019 photo, released by Lima 2019 News Services, Race Imboden of the United States takes a knee, as teammates Mick Itkin and Gerek Meinhardt stand on the podium after winning the gold medal in team’s foil, at the Pan American Games in Lima, Peru. “Racism, gun control, mistreatment of immigrants, and a president who spreads hate are at the top of a long list” of America’s problems, Imboden said in a tweet sent after his medals ceremony. “I chose to sacrifice my moment today at the top of the podium to call attention to issues that I believe need to be addressed. (Jose Sotomayor/Lima 2019 News Services via AP)LIMA, Peru — Two Americans used their medal-winning moments at the Pan American Games to draw attention to social issues back home that they feel are spiraling out of control.During their medals ceremonies at the multi-sport event in Lima, fencer Race Imboden took a knee and hammer thrower Gwen Berry raised her fist. Both athletes could represent the U.S. less than a year from now at the Tokyo Olympics, where similar protests would be seen by a much wider audience.ADVERTISEMENT Duterte lambasts Catholic Church anew in curse-laden speech before Filipino Baptists Will you be the first P16 Billion Powerball jackpot winner from the Philippines? TECO donates $100,000 to typhoon-stricken Sorsogon Asian stocks follow Wall Street higher after US-China deal Don’t miss out on the latest news and information. LATEST STORIESlast_img read more

Nikola Jokic triple double leads Nuggets past Grizzlies

first_imgNFA assures ample rice supply in ashfall, eruption-affected areas “Unfortunately, it’s another game we blew a big lead and made things more interesting than they needed to be,” Nuggets coach Michael Malone said.Jonas Valanciunas had eight of his 14 points in the first three minutes of the quarter to get Memphis within eight. Denver went ahead by 14, but a 3-pointer by Jackson cut it to 102-95 with 5:15 left, but the Nuggets scored the next six and held off the Grizzlies.TIP-INSGrizzlies: Valanciunas had 10 rebounds. … Have lost four straight and 31 of their last 38 games played in Denver. … Memphis made more free throws (13) than field goals (12) in the first half.Nuggets: F Paul Millsap was out with a left quadricep contusion. Millsap missed two games earlier in December with a similar injury. …. Plumlee made his first start of the season after coming off the bench for 30 games. … Mallory Pugh, a member of USA team that won the women’s World Cup last summer, took the ceremonial free throw before the opening tip.DYNAMIC NIKOLAJokic had five of his 10 assists in the fourth quarter, including a no-look pass to Jerami Grant for a layup. He also had an alley-opp to Murray, and then rewarded Murray for a backdoor cut that led to another dunk.“He’s playing at a high level and it’s really lifted our team,” Plumlee said. “He always does one or two things a game that are impressive.”NO FREE PASSDenver didn’t attempt a foul shot in the first half, while the Grizzlies were 13 of 16 from the line. It is the second time this season a Memphis opponent has shot one or fewer free throws. The Nuggets got their first attempts from the line when Jokic hit a pair with 10:47 left in the third.They finished 20 of 27 from the line.UP NEXTGrizzlies: Host the Charlotte Hornets on Sunday night.Nuggets: Host the Sacramento Kings on Sunday night. Trending Articles PLAY LIST 00:50Trending Articles01:05SEA Games: Kim Mangrobang wins gold anew as Filipinos secure triathlon double sweep00:42SEA Games: PH’s Biado, Chua hurdle foes in 9-ball doubles opener01:05Poor visibility, nakaapekto sa maraming lugar sa Batangas03:028,000 pulis sa Region 4-A, tuloy ang trabaho03:57Phivolcs, nahihirapan sa komunikasyon sa Taal01:04Sold-out: Stores run out of face masks after Taal spews ash01:45Iran police shoot at those protesting plane shootdown01:54MMDA deploys rescue team to Batangas following Taal eruption MOST READ Microsoft ends free Windows 7 security updates on Tuesday Jokic, who has 35 career triple-doubles, has 11 double-doubles in the last 12 games, helping Denver win eight of its last nine. Will Barton had 20 points and Jamal Murray and Mason Plumlee each scored 15 for the Nuggets, who allowed 42 points in the fourth quarter.“In the first quarter, they score 11 points and in the fourth they score 42,” said Jokic, who had 14 points in the first. “It’s a huge difference. We have to be focused on closing the halves, closing the quarters, closing the games.”FEATURED STORIESSPORTSAndray Blatche has high praise for teammate Kai SottoSPORTSBig differenceSPORTSAlmazan status stays uncertain ahead of Game 4Memphis shot 61.5% in the fourth quarter and 60.4% in the second half after hitting just 3 of 14 shots in the first quarter.“It was a tough first quarter for us,” Grizzlies coach Taylor Jenkins said. “We weren’t able to get a lot of shots to fall, both layups and 3s during the first quarter and a half. But I love our resolve.” Don’t miss out on the latest news and information. Thailand reports case of coronavirus from China No need to wear face masks in Metro Manila, says scientist Sports Related Videospowered by AdSparcRead Next Leonardo DiCaprio, Taika Waititi, other stars react to Oscar nominations Murray out of Australian Open; Grand Slam comeback on hold When Pops met Martin’s son Santino LATEST STORIES Denver never trailed and led by as many as 23 points in the first half when its two 7-footers, Jokic and Plumlee, sat with three fouls each. The Grizzlies made a run and closed within 50-39 at the end of the first half, with the final points coming on a dunk by Brandon Clarke just before the horn.Jaren Jackson Jr. led Memphis with 20 points, De’Anthony Melton had 17 off the bench and Ja Morant scored 16 points.The Grizzlies missed 20 of their first 25 shots and went 20 for 33 to close out the third quarter.“A lot better ball movement and a lot of side-to-side play,” Jackson said of the improved shooting. “When we trust our ball movement and trust our pick-and-rolls we just have much more action with more rhythm and everyone gets open looks.”Memphis closed within 52-49 early in the third quarter, the closest it had been since early in the first. Denver went on a 16-4 run later in the period and took a 14-point lead into the fourth.ADVERTISEMENT ‘People evacuated on their own’ Lava gushes out of Taal Volcano as villagers flee Denver Nuggets center Nikola Jokic, center, looks to pass the ball as Memphis Grizzlies forwards Brandon Clarke, left, and Solomon Hill defend in the second half of an NBA basketball game Saturday, Dec. 28, 2019, in Denver. (AP Photo/David Zalubowski)DENVER —Nikola Jokic scored at the beginning and passed in the end, and the Denver Nuggets needed every bit of what he provided to avoid a big collapse.Jokic scored a season-high 31 points and added 10 rebounds and 10 assists for his seventh triple-double of the season, leading the Nuggets to a 119-110 victory over the Memphis Grizzlies on Saturday night.ADVERTISEMENT View commentslast_img read more

BLUES FALL TO POMONA

first_imgStory Links The scoring was all freshmen-based for the Blues with one goal each coming from Deena Charles (Langley, B.C.), Katie Smith (Chestermere, Alberta) and Sara Sutherland (Regina). The first quarter went very well as the Blues went toe-to-toe with the hard pressing Sage Hens and emerged trailing 1-0.  However, the exhausted Blues players were not going to be able to move and mount any sort of attack. The Blues will be right back at it at noon Friday when they will match up against Concordia.For more information, scores and highlights on your favourite U of T athletes and teams, please visit www.varsityblues.ca. Don’t forget to follow us on Twitter, Instagram or Facebook for the latest and greatest in Varsity Blues intercollegiate athletics.  Print Friendly Version The Varsity Blues women’s water polo team went to Pomona on Thursday to take on the Pomona Pitzer College Sage Hens and were no match for the No. 1 ranked Division 3 school. The result was not unexpected as Pomona pumped in five goals in each of the next two quarters to lead 11-0 after three periods.  The Blues did get untracked in the final quarter, scoring three goals while surrendering four to finish in a 15-3 deficit. With an early start scheduled for the following day, Head Coach George Gross, Jr., decided to give the starters, who had carried the bulk of the playing throughout the competition tour, extra rest by putting together two lines of players that would substitute for each other every couple of minutes.last_img read more

Sunderland give Stars man Gateri trial

first_imgThe 18 year old, left-footed, midfielder, who can also play in defence, made his debut for Kenya in 2011 against South Africa and recently made spoke his delight at earning a recall for the Harambee Stars;“I am happy to be back in the national team. I can’t wait to don the national colours and make Kenyans proud,” he said after he was included in the side that beat Libya 3-0 in an international friendly in March having also featured in another tie against South Africa’s Bafana Bafana.Gateri currently plays for the ASD school, who are based in Cape Town and when asked for a comment, a spokesman for ASD said;“We can confirm that it is true but we cannot comment on the current developing story in regards to his trial.”Regardless whether the trial is successful or not, Gateri joins the growing ranks of Africans that Sunderland have recently taken on trial. Zambian international Stoppila Sunzu has recently undergone two different trial spells at the club, Ghanian international Albert Bruce had an unsuccessful trial in December and two youngsters from Simba SC, Shomari Kapombe and Ramadhani Singano, are due to join the club at the end of the Tanzanian season.– Diaspora Messenger0Shares0000(Visited 8 times, 1 visits today) 0Shares0000LONDON, England, April 17- Sunderland have taken Harambee Stars player David Gateri on trial from his African Soccer Development side in South Africa.According to reports in Kenya, Sunderland have taken the Kenyan international on trial for two weeks. last_img read more

Knicks turn tables on L.A.

first_imgJamal Crawford and Eddy Curry each scored 23 points to lead New York, which shot poorly and defended worse in the first two quarters before controlling the second half of its second consecutive victory. New York (22-28) improved to 13-13 at home and needs to win only once on a three-game road trip before All-Star weekend to match its victory total from last season’s 23-59 failure under Larry Brown. “You hate to look at it like that, but that’s crazy,” Crawford said. “I think we’ll definitely have that win total by the break. We’re a better team.” New York never led in the first half and trailed by as much as 12. But the Knicks stormed out of halftime with a 24-4 spurt, turning a 10-point deficit into a 10-point lead in a span of 9 minutes and handing the Clippers their second straight loss. Elton Brand had 22 points and 13 rebounds for the Clippers, who lost for the third time in 10 games and fell to 1-2 on their seven-game Eastern trip. Reserve Tim Thomas also had 22 points. Then suddenly they turned into the team they think they can become. Stephon Marbury scored 12 of his 15 points in an early second-half run that overwhelmed the Clippers and turned the game around, sending New York to a 102-90 victory over Los Angeles on Tuesday night. “I thought that unfortunately the way we started the third quarter was the difference in the game,” Clippers coach Mike Dunleavy said. “We came out and went 0 for our first seven possessions and then made some defensive mistakes the other way, gave them some momentum.” Down 53-43 at halftime, New York scored the first 10 points of the second half, tying it after the second of Marbury’s two consecutive layups with 8:24 remaining. Marbury, who had only three points and three turnovers in the first half, attacked the basket much more in the third quarter. Four of his five field goals in the run were drives, including his three-point play with 2:30 remaining in the quarter that capped it and gave New York a 67-57 advantage. “It was needed,” Marbury said. “At that point we didn’t have anything going so I just took it upon myself to start being more aggressive than I was in the first half.” The Clippers started 2 for 15 with three turnovers after shooting 54 percent in the first half. They were only 4-for-19 (21 percent) in the third quarter, getting outscored 27-11 as New York took a 70-64 lead into the fourth. “When you’re on the road you can’t do that, because we all know teams will get back in it, start making some shots and getting their team back in it,” Thomas said. “They just turned it up and started making shots. They kept cutting into the lead and once they got the lead it was catch-up ball for us from there on out.” Los Angeles briefly got within three in the fourth, but New York regained control behind Crawford, who scored 10 points in the period. David Lee added 16 points and 10 rebounds, and Quentin Richardson scored 15 points for the Knicks. The Knicks rebounded from a horrendous start to tie the game at 17 with 2:56 remaining in the first quarter. But Los Angeles outscored New York 11-2 the remainder of the period, with two dunks from Thomas, to lead 28-19. Thomas hit a 3-pointer to open the second quarter and push the lead to 12. The lead never got below six in the period, and the Clippers took a 53-43 advantage into halftime. New York shot 38 percent in the half. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!center_img • Photo Gallery: 02/06: Clippers vs. Knicks NEW YORK – The New York Knicks spent the first half looking like the team they have been for too long – inconsistent on offense and ineffective on defense. last_img read more

Providence eyes land for SCV hospital

first_img“It’s a minimum six- to eight-year process to get the facility open,” he said. Hospital building costs are figured at roughly $1.5 million a bed, and Carmody said the project would be financed by bonds, noting that the parent company is one of only a few nationwide with a multistate AA bond rating. The Santa Clarita City Council is reviewing an expansion proposal for Henry Mayo Newhall Memorial Hospital, the Valley’s sole acute care facility. Newhall Memorial has 230 beds and is seeking approval for 370. However, some critics have voiced strong opposition to the amount of medical office space in the plan. Carmody said that by 2015 or 2020, the number of acute-care patients in Santa Clarita will justify the addition of 150 beds to 200 beds, and that Providence wants to be positioned to provide them. SANTA CLARITA – The parent company of Providence Holy Cross Medical Center in Mission Hills is in discussions to buy land in Santa Clarita for a hospital, outpatient and medical office space, officials said Friday. “We are definitely wanting to purchase the property and if we purchase property of 30 (acres) to 35 acres, we are definitely going to build,” said Kerry Carmody, an administrator for Providence Holy Cross. In April, Carmody said Providence Health and Services was negotiating for 38 acres just outside city limits that would be suitable for a 200-bed hospital. He declined Friday to say whether that property or another is in play because no agreement had been reached. However, he said Providence is “ready to go” once a location is picked. An independent study ordered by Newhall Memorial and the city of Santa Clarita bears out an in-house Providence study on the growing need for acute-care services, he said, noting that the population is growing 7 percent to 9 percent a year. “If you look 10 (years) to 15 years in the future, even with the expansion of the local hospital, they will still be able to handle (only) 40 percent of the patients living in the valley,” Carmody said. “Now, Holy Cross in Mission Hills is currently seeing 16 percent of (Santa Clarita residents). “We see future expansion (in Santa Clarita) is going to meet the needs of the other 60 percent not using other local facilities.” The Mission Hills facility is 11 miles from Santa Clarita. Roger Seaver, president and CEO of Newhall Memorial, agrees the region’s growth could support two hospitals. Back in April, he said the growth and aging of the Santa Clarita Valley’s population indicate there will be a demand for two hospitals in the city. In fall 2005, Providence partnered with Facey Medical Group to open the $47 million Santa Clarita Medical Plaza, an outpatient facility at the high-profile corner of Valencia Boulevard and McBean Parkway, down the street from Newhall Memorial. Providence Holy Cross, which Carmody said is full every day, is undergoing a $143 million expansion to a total of 390 beds. But that’s not enough. Providence is the third-busiest trauma center in Los Angeles County. Two years running, Healthgrades.com rated Providence in the top 5 percent nationwide based on clinical outcomes. Healthgrades assesses hospital quality annually and publishes hospital ratings online. “We believe our 390 beds will be pretty much full in five years,” Carmody said. “Twenty percent of our new beds are being built for Santa Clarita residents.” judy.orourke@dailynews.com (661) 257-5255160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

It’s official: L.A. traffic is nation’s worst

first_imgThe national average is 38 hours of extra delay each year. But the report found traffic congestion around the country has continued to worsen, creating a $78 billion annual drain on the U.S. economy as motorists consume 2.9 billion gallons of fuel idling in bottlenecks and lose 4.2 billion hours from their lives. “There is no magic technology or solution on the horizon because there is no single cause of congestion,” said Tim Lomax, a researcher at the institute and co-author of the report, which is based on data from 2005. “Congestion is a far more complex problem than is apparent at first glance.” To most Los Angeles residents, Tuesday’s announcement comes as no surprise. And some drivers are literally sick of traffic. “I come home tired, stressed out and anxious,” Rosa Morales said of her commute home from Sherman Oaks to West Hills for a part-time baby-sitting job. BY Sue Doyle and Connie Llanos STAFF WRITERS Motorists in Los Angeles face the worst rush-hour traffic in the country, spending nearly two workweeks stuck behind the wheel in jams and wasting nearly 60 gallons of gas, according to a study released Tuesday. Angelenos spend 72 extra hours a year on the road – 12 more than commuters in San Francisco, Washington, D.C., and Atlanta, which all have the second-highest traffic delays in the nation, according to the report by the Texas Transportation Institute. And some Angelenos, such as Kelly Longstreet, say it’s time to give up California’s sunny skies for greener pastures and say goodbye to gridlock for good. Longstreet is packing up for Indiana, where commuters in Indianapolis spend an additional 43 hours a year in traffic, according to the study. “One of the things I was looking for was less traffic,” the medical claims officer said about her decision to move. “I want to enjoy a better quality of life.” Caltrans Director Will Kempton said the Texas study reflects California’s dire need to update its transit system. “With the passage of Proposition 1B last fall, the voters spoke loud and clear that we need to bring California’s transportation system up to date,” Kempton said in a written statement. The $19.9 billion bond provides money for highway improvement projects. Of the money allocated so far, Los Angeles is getting $730 million for a $950 million, 10-mile northbound car-pool lane on the San Diego Freeway through the Sepulveda Pass. In addition, $387 million will help stretch Interstate 5 from six to 10 lanes at the Orange County border and $315 million more was just awarded to the Exposition Line rail project under construction from downtown to Culver City. But it will take far more work to get the region moving – from tackling port traffic to synchronizing traffic signals, said Roger Snoble, Metro CEO. “These are all things we should keep on doing, and if we had the money, we could do them faster,” Snoble said. “We’re still going to be as aggressive as we can and stretch our dollars as far as we can.” sue.doyle@dailynews.com 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more

Porsche AG’s profits triple

first_img 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREStriving toward a more perfect me: Doug McIntyre The Stuttgart-based automaker said the earnings contribution of its core business improved compared with last year, excluding special factors such as a “high three-digit million euro development expenditure” for Porsche’s fourth model series, the Panamera, and for the hybrid drivetrain of the Cayenne sport utility vehicle. Another factor was the weaker level of hedging rates versus the U.S. dollar. Porsche said in September that sales for fiscal 2007 rose 3.4 percent on the year to 7.4 billion euros ($10.79 billion), helped by a better model mix. Car sales for fiscal 2007 totaled 97,515 compared with 96,794 a year earlier, the company said at the time. Porsche proposes to increase its dividend to 21.94 euros ($31.99) per common share from 8.94 euros last year and 22.00 euros ($32.07) per preferred share from 9.00 euros in fiscal 2006. This will raise the total dividend payment to 384 million euros ($559.8 million) for fiscal year 2007 after 157 million euros last year. Shares in the Stuttgart-based company initially jumped on the news of the dividend, then plunged 8.52 percent to 1,570 euros ($2,288.90) after the company announced it would suggest splitting the stock into 10 shares for each one now held at its next general annual meeting. The Associated Press BERLIN – Luxury sports-car maker Porsche AG said Monday that its net profit for fiscal 2007 more than tripled with help from a revaluation of its 22 percent stake in Volkswagen AG and strong results from its core business. Porsche said it earned 4.24 billion euros ($6.18 billion) for the full year, up from 1.39 billion euros a year earlier. The revaluation resulted in a one-time gain of 520.80 million euros ($759.27 million). Pretax profit for the year ended July 31 more than doubled to 5.86 billion euros ($8.54 billion) from 2.11 billion euros in the prior fiscal year. last_img read more

Donegal Junior Chamber chosen to host top awards

first_imgThe Donegal branch of Junior Chamber International (JCI) has won the bid to host this year’s national Ten Outstanding Young Person awards (TOYP).The glittering ceremony will be held on Saturday, May 13, at Harvey’s Point Hotel. JCI Donegal’s project manager, Emma Boylan, successfully pitched for the event at JCI Ireland’s national meeting in January.“This prestigious event is a great opportunity for Donegal people, and for local businesses, to network with young people who are extremely successful in both their personal lives and in business,” Ms Boylan said. “We will also being using the national awards to promote Donegal as a tourist destination, as a place to do business and to showcase local food and products. Delegates will experience a full day of training as well as a trip to Sliabh Liag.”She also stressed that members of the public can purchase tickets through eventbrite, and the awards are open to everyone who wants to experience it.Sponsored by AIB, TOYP is a drive to identify young people for their dynamism and enthusiasm in their fields. Last month saw the local awards ceremony in which winners, including Ireland star Seamus Coleman, received a commemorative trophy.After the local awards, a number of the Donegal winners have been given the opportunity go on to be recognised nationally, and possibly internationally, for their achievements. Every year, JCI selects ten outstanding young people under 40 to be recognised for living its mission in extraordinary ways. JCI Donegal is part of an international organisation aimed at attracting members aged 18-40, focusing on leadership, entrepreneurship and active citizenship. Two years ago, it landed another major coup by winning the right to host the 2015 National Convention.“We are not just about business, people join JCI to meet, learn and grow,” Ms Boylan added.“At JCI Donegal, our members come from all walks of life. They range from university students to corporate executives, self-employed professionals and business people to employees of local, multinationals and state organisations as well as the unemployed.However, all share a common goal in terms of self improvement and contribution to society.”Tickets for the convention can be purchased from www.eventbrite.ie For more information on the national TOYP awards, and on becoming a JCI member, log on to www.jcidonegal.com, contact 086 3766433 or email info@jcidonegal.comYou can also find JCI Donegal on Facebook, LinkedIn, and Twitter.Donegal Junior Chamber chosen to host top awards was last modified: April 28th, 2017 by StephenShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)Tags:AIBawardsdonegalEmma BoylanJunior Chamberlast_img read more