10 months agoSouthampton midfielder Højbjerg: We must use Arsenal win as springboard

first_imgSouthampton midfielder Højbjerg: We must use Arsenal win as springboardby Chris Beattie10 months agoSend to a friendShare the loveSouthampton midfielder Pierre-Emile Højbjerg hopes to use victory over Arsenal as a “springboard”.A brace for the returning Danny Ings and a late winner from substitute Charlie Austin saw the home side defeat the Gunners 3-2.“Hopefully we can use this as a springboard,” Højbjerg said. “We have to stay focused and realistic but use the confidence from the positive moments from this game because we played very well. We scored three goals against one of the best teams in the league so it’s a really big result. “We can not get carried away, we have to stay strong and keep building and it all starts tomorrow again in training. We need to take the confidence with us and believe we can win the next game as well.”He added: “Most importantly we want to fight for the club because we want to take the club to the next level. Congratulations to everybody, the fans, the coach and the players because the performance today was special.” About the authorChris BeattieShare the loveHave your saylast_img read more

‘Rs 25K crore rights issue not enough for Vodafone Idea’

first_imgNew Delhi: As telecom major Vodafone Idea (VIL) opened its rights issue on Wednesday for the next two weeks with an aim to raise Rs 25,000 crore, sector experts say the fund would not be enough for the company given its high debt and the highly-competitive market. In the meantime, Bharti Airtel too has announced that on April 24 its committee for fund infusion would decide on the shareholders who would be able to participate in its rights issue for around Rs 25,000 crore. Also Read – Thermal coal import may surpass 200 MT this fiscalAnalysts say Airtel is in a better financial position than Vodafone Idea and unlike the newly-merged entity, the amount raised from the rights issue by Sunil Bharti Mittal-led Airtel would be sufficient for the time being. Vodafone Idea is offering 2,000 crore shares at a price of Rs 12.50 apiece. The entitlement ratio of the issue, which will close on April 24, has been fixed at 87 rights shares for every 38 currently held. Under rights issue, existing shareholders are offered to purchase additional stock shares, known as subscription warrants, in proportion to their existing holdings. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostIn a rights offering, the subscription price at which each share may be purchased is generally discounted relative to the current market price. Rights are often transferable, allowing the holder to sell them in the open market. “Vodafone idea is very stretched because their Ebitda has fallen to about $650 million(around Rs 4,495 crore), their debt is also quite high and their leverage as measured by debt-to-Ebitda too is high,” Nitin Soni, Director for corporate ratings at Fitch Ratings, told IANS. He said that Airtel is a diversified company and has operations in Africa as well while Vodafone Idea is a telecom-specific company which has severely deteriorated its financials. “In that light, their (Airtel’s) equity injection is sufficient and they are going to raise another $3 billion from African IPO and sale of assets, but for Vodafone idea it is insufficient and they might have to raise more money in future because their capex plan is about $3.5-4 billion,” Soni said. He added: “They (Vodafone Idea) need to invest heavily to avoid any network congestion and their Ebitda has fallen much more than Bharti’s. So all in all they would probably need more equity, or stake or sale of other assets”. According to the company’s promoter shareholders, Vodafone Group and Aditya Birla Group have confirmed their participation of up to Rs 11,000 crore and up to Rs 7,250 crore, respectively, in the rights issue. “It is not compulsory that the rights issues of companies are fully subscribed over time, it is up to the market conditions and existing shareholders, and whether they rely on the management and the future expansion plans of the company,” said Manish Yadav, Head of Research, CapitalAim. Amit Gupta, Co-Founder and Chief Executive Officer at Trading Bells, said the fund would work for two or three quarters but the company would require additional infusion after that. “Vodafone Idea has a overall debt of Rs 1,23,000 crore with a gross debt-to-Ebitda (earnings before interest, tax, depreciation and amortisation) ratio of 33.30. After infusion of the equity capital through the rights issue, the debt would reduce to Rs 98,000 crore and its debt-to-Ebitda ratio would decline to 26.50 which would still be higher than that of its competitors Bharti Airtel and Reliance Jio,” Gupta said. The company is also looking to sell its 11.5 per cent stake in Indus Towers in the next two to three months and raise around Rs 5,500 crore. Off late, apart from loss in revenue, Vodafone Idea has also lost a large number subscribers to both Bharti Airtel and Reliance Jio. Vodafone Idea, the largest telecom operator in terms of subscribers, lost 35.87 lakh users taking its total base to 41.52 crore while both Jio and Airtel added to their subscriber base. From the industry perspective, Prashant Singhal, Emerging Markets TMT Leader at Ernst & Young, said that although the rights issue would help in reducing the debt, the sector being a capital intensive industry, companies would continue to need capital for expanding and investing their networks. He said that rationalisation of tariffs, which are extremely low currently, would give a much-needed boost to the sector, apart from the capital infusion.last_img read more

Lets Not Get Carried Away With the 3s

The “short or long but never midrange” theory of NBA shooting has been popular in analytics since at least the early 2000s. Statistically, 3-point shots have long been more efficient than long 2-point shots: The reward — an extra point — has outweighed a slightly lower completion percentage. So, the theory goes, teams should eschew midrange shots as much as possible and either take the ball to the basket or shoot from beyond the arc.Whether or not NBA players and coaches have had this theory in mind, 3-point attempts have steadily risen since their introduction in the 1979-80 season. In “Daryl Morey’s D-League Plan to Do Away With Midrange Shots,” Grantland’s Kirk Goldsberry looked at the Rio Grande Valley Vipers, the Houston Rockets D-League team that has taken the inside/outside strategy to the extreme — a staggering 47 percent of players’ shots come from the 3-point range. (If the NBA keeps increasing its long-distance shooting at the pace it has in the past 25 years, it should match the Vipers in approximately 2054.)Although the Vipers have had good results so far, Goldsberry warned against reading too much into the experiment and assuming the same strategy would work in the NBA:One troubling issue with the Vipers’ strategy is that they are significantly reducing the size of the scoring area. Let’s go back to the 1,300-square-foot apartment metaphor — the Vipers hang out only in the kitchen and bedroom. They never use the living room. By forgoing midrange shots altogether, they are telling opponents that they don’t plan on using a giant swath of tactical space relatively close to the basket. As NBA defenses evolve, the smartest ones are already finding ways to counter the smart-guy shot-selection strategy. The Pacers, who have the league’s best defense, have a reputation for vigorously defending the restricted area and the 3-point area, while being less protective of the midrange. They are the Vipers’ antivenom. And if defenses are able to take away those “efficient” areas, you better have alternative ways to generate offense.Goldsberry was describing an important limitation in the 3s-and-layups strategy: 3-point shots will only be more efficient than midrange shots so long as defenses fail to devote enough resources to defending them. Unless the best-defended 3-point shot is more efficient than a wide-open midrange shot (it’s not), saying 3-point shots are better than midrange shots is wrong. What we really mean is 3-pointers are suboptimally defended. As unwitting game-theory expert Stan Van Gundy would say, “Sometimes you’re going to get the shots the defense allows.”But there’s an even bigger issue with the back-of-the-envelope efficiency calculation at the heart of the pro-3 argument: The fact that 3-pointers are more efficient than midrange shots overall doesn’t mean the marginal 3-pointer is necessarily more valuable than the marginal 2-pointer.If you want to replace a midrange attempt with a 3-pointer, you will normally be replacing a bad 2-pointer with a bad 3-pointer. There’s no intrinsic reason those marginal shots should have the same relative efficiency as better shots of the same type. In fact, there are plausible reasons to think they wouldn’t. Average 3-point shot efficiency may be skewed by the extremely high efficiency of wide-open looks, which players probably weren’t passing up in the first place.This doesn’t mean that NBA teams shouldn’t be taking more 3s. I’d guess we probably haven’t reached that point yet. read more

Womens soccer Buckeyes prepare for final home conference matches

Iowa freshman goalkeeper Claire Graves (1) can’t stop Ohio State senior forward Lindsey Agnew’s (20) shot during the second half in a game at Jesse Owens Memorial Stadium on Sept. 25, 2016. The Buckeyes won the game 3-0. Credit: Colin Hass-Hill | Assistant Sports DirectorA motto and mindset was established at the beginning of the Ohio State women’s soccer season to always get one percent better.  After a weekend of strong offensive and overall play, the Buckeyes have their eyes set on doing just that, Thursday evening.The Indiana Hoosiers (5-7-3, 2-3-2 Big Ten) travel to Jesse Owens Memorial Stadium to face the Buckeyes (9-4-2, 3-2-2 Big Ten) at 7 p.m. After a long but victorious weekend trip to Maryland and Purdue, coach Lori Walker said her team feels calm and refreshed coming into Thursday’s matchup. “We were off on Monday, and yesterday we had a really good (practice) session,” Walker said. “The energy has been really good.  We’re excited to be back at home … it was a long trip.” Thursday’s game comes during OSU’s fall break, which Walker said has brought a mental calmness to the players, resulting in crisp play where their focus primarily on practice and the game.A focus in practice throughout the week for OSU has been that of precise play, especially coming off of a weekend scoring eight total goals, and defensively allowing just one goal. “We’re always trying to get one percent better. That’s what we’ve said from the beginning of the year,” Walker said. “We’ve got to continue to be sharper with our passing, continue to be sharper with our runs in the box.  We have got to continue to be sharper with our clearing defensively out of our own box. As those things continue to start to clean themselves up, I think we are continuing to be a dangerous team.”OSU junior forward Sammy Edwards was named Big Ten Offensive Player of the Week on Monday, following her three goals in two games. Edwards said that her strong emphasis on teamwork, paired with a unified energy helped her strive over the weekend, has provided inspiration for Thursday’s game versus Indiana. “We need these wins, and so I think this week helped a lot in getting our energy up there and our confidence up there,” she said.  “However, that (last) weekend’s over, and I think our focus again is just one game at a time, and that happens to be Indiana.”Edwards continued to emphasize the presence of an energy and confidence going into Thursday’s match, also stressing a focus on defensive and offensive organization as a whole.OSU’s defense held strong in it’s past two games, only giving up one goal within 24 total shots on the weekend.  The season’s motto finds its focus defensively, as the number of goals given up continues to decline.“I think that as each game comes, we’re trying to get one percent better, as coach always says, so I think now, we did only allow one goal in,” said OSU freshman defender Haley Walker-Robinson.  “The goal is to not let any (goals) in.  I think that that will be a good thing to build off of.”Walker-Robinson said her approach to improving one percent while facing Indiana comes from the desire to becoming stronger mentally and physically.“Mentally for me, I think that I don’t want anyone to get inside of our box, maybe even 10 yards,” Walker-Robinson said.  “For our line, we have a ‘line of restraint.’  We don’t allow any nonsense in that area.”Coach Walker praised the defense’s play throughout the past few games, crediting success to the emphasis of knowing responsibility in the defensive system.  “You have to really work hard to create a goal and score off Ohio State,” Walker said.The Buckeyes host senior day Sunday, as they welcome the Rutgers Scarlet Knights (9-2-3, 4-1-2 Big Ten) to Jesse Owens Memorial Stadium at 2 p.m. read more

Buckeye briefs for Feb 23

Former Buckeye hockey player Ryan Kesler scored an empty-net goal to seal Team USA’s 5-3 victory over Canada Sunday night. In his first and only season with the Buckeyes, Kesler had 11 goals and 20 assists, leading the Buckeyes to a third place finish in the Central Collegiate Hockey Association. In 2003, Kesler was the No. 23 draft pick overall selected by the Vancouver Canucks. Kesler promised a victory over the Canadians and came through with one of the most memorable victories in USA Hockey history. Junior guard Evan Turner earned his sixth Big Ten Player of the Week award after averaging 24.5 points against Purdue and Michigan State last week. This marks the ninth time in his career that he has received the honor. Turner had 29 points and seven rebounds in Wednesday’s 70-67 loss to Purdue. Turner leads the conference in scoring with 19.5 points per game and 9.3 rebounds per game.  Ohio State pitcher Alex Wimmers earned his fifth career Big Ten Conference Pitcher of the Week honor. In the Buckeyes’ season-opening win over North Florida, the Cincinnati native had nine strikeouts. Wimmers is a possible contender for the Golden Spikes Award, given to the best collegiate baseball player in the country. Wimmers was a 2009 All-American and Big Ten co-Pitcher of the Year and was a 2010 preseason All-American. Junior track star Letecia Wright was named Big Ten Track Athlete of the Week. Wright broke two personal records. Wright ran the 60-meter hurdles in 8.23 seconds, the fastest time in the Big Ten. She followed the hurdle performance with a 7.52 second sprint in the 60-meter dash, the fourth best in the conference. After struggling through several injuries in the indoor season, Wright is preparing for the Big Ten Indoor Championships Feb. 27 and 28. read more

Local billionaire donates 50 million to Salvation Army

first_img Dan Plante, January 29, 2018 Updated: 6:28 PM Local billionaire donates $50 million to Salvation Army Posted: January 29, 2018center_img SAN DIEGO (KUSI) — San Diego Billionaire Ernest Rady has done it again. This time, a $50 million donation to the Salvation Army’s homeless programs.“I wish I could take it with me, but this way I can help people long after I’m gone,” said 80-year-old Ernest Rady.The $50 million gift is the latest treasure chest donated by Rady and his family. They built Rady Children’s Hospital in San Diego. They also created “The Rady Genome Institute” and the “Rady School of Business.”“Historical, this is the third largest donation in the history of the Salvation Army,” said Major George Baker, Divisional Commander.Like most people in San Diego, the Rady’s were watching as the homeless crisis, became a health crisis. Hepatitis A killed more than dozen people and hundreds got sick.“Government moves real slow. It took a health crisis and the business community to make this happen,” said San Diego Councilmember Scott Sherman.Most of the money will be used to tear down the existing apartments, then rebuild bigger and better ones. The new name “The Door of Hope/Rady Residence,” in Linda Vista. Following that, the “Rady Center” downtown San Diego.While $50 million is a lot of money, a really big number, this project needs a little more. Total cost is $80 million, the remaining $30 million will be raised in various ways.According to Mister Rady, “I have only one request. I’d like to see this happen before I go, so get busy.”The Rady Residence should be complete in 2020, the downtown facility around 2022. Categories: Local San Diego News Tags: Rady Children’s Hospital FacebookTwitter Dan Plante last_img read more

Cards Fall 84 to Boston College

first_imgStory Links Preview The Eagles (14-24, 4-10) countered with two runs in the home half of the first. A hit and a walk put two on for Allyson Moore’s RBI hit. A wild pitch sent Ellie Mataya home to give BC a 2-1 lead. Watch Live Full Schedule Roster Next Game: at Boston College 4/14/2019 | Noon The Cardinals (26-15, 7-7 ACC) wasted no time getting on the scoreboard when junior Celene Funke led off the game with a hit, stole second and scored on redshirt senior Sidney Melton’s RBI single. The game featured two ties and two lead changes as the Cards had eight hits to BC’s seven. Redshirt senior Sidney Melton went 2-for-3 with a double, a run and a stolen base while sophomore Kyra Snyder went 1-for-1, drawing three walks in the game. Senior Megan Hensley connected on a two-run homer as the Cards attempted to rally in the seventh inning. The Cards started to rally in seventh as Melton led off with a double to set up Megan Hensley’s two-run homer. The senior’s team-best sixth home run of the season made the score 8-4. Senior Madison Cousineau was hit by a pitch, sophomore Kyra Snyder connected on a two-out single and Butler walked to load the bases with two outs, but BC reliever Camryn Dolby delivered a strikeout to end the game. Louisville pulled even in the fourth inning when redshirt freshman Taylor Roby singled, junior Caitlin Ferguson was hit by pitch and Snyder walked to load the bases. Sophomore Maddy Newman drew a walk to plate pinch-runner Jordyn Wolfe. Matchup History NOTES: Boston College 8 – Louisville 4 The fifth inning brought two more runs for the Eagles courtesy of Carly Servini’s two-run double. Dolby (9-8) got the win after giving up two earned runs on five hits and striking out six in 3.2 innings. Lexi DiEmmanuele went 3-for-4 with a run while Boccagno and Severini each drove in a pair of runs to lead the Eagles at the plate. Live Stats Sophomore Danielle Watson (8-11) took the loss, allowing six runs, five earned, on four hits and striking out four in 3.2 innings. The University of Louisville softball team fell 8-4 to Boston College in game two of an ACC series. The teams will meet in the rubber-game Sunday at 12 p.m. Boston College capitalized on three hits, three walks and an error to put up a four-spot in the bottom of the fourth. Bianna Boccagno’s two-run homer put the Eagles on top 4-2. A bases-loaded walk and a Louisville miscue extended the lead to 6-2   Louisville leads the series with Boston College 6-4 Butler is currently on a seven-game hitting streak Hensley’s home run pushes her career tally to 31, moving her into a tie for sixth on Louisville’s all-time list. She needs one more to tie for fifth with Katie Keller (2011-14). Hensley also moved into a tie fifth on Louisville’s career RBI list – she now has 157 and is tied with former teammate Maryssa Becker (2014-17). With her run in today’s game, Melton extends her career total to 138 and is tied for sixth on Louisville’s career list. She needs two more to move into a tie for fifth with Kristin Auston (2009-12). Melton is on a four-game hitting streak and has reached safely in the last five games With her stolen base in today’s game, Melton improves her season total to 21 and moves into sole possession of fourth on Louisville’s single-season list. She now has 54 career stolen bases and stands third on Louisville’s all-time list, needing six more to tie Jennifer Esteban (2010-13) for second. Funke also recorded a stolen base in the game to move her single season total to 18 and is tied for eighth on UofL’s single-season list. One more will move her into a three-way tie for sixth. As a team, Louisville has registered a program-record 74 stolen bases on the season. The previous record was 68, set in the 2010 season.Print Friendly Versionlast_img read more