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Jarome Iginla was known as the Wild killer for his propensity for tormenting Minnesota when the teams were in the old Northwest Division. |
In 84 games, he scored 39 goals among 72 points. Only Nashville yielded more goals to the man they called “Iggy.” The future hall of famer with more than 1,200 career points tormented them again in a different way Saturday. |
A pregame ceremony to retire Iginla’s No. 12 Flames jersey pushed the faceoff back to 9:15 p.m. Central time. The Wild’s flight home was scheduled to land in the Twin Cities about 4:30 a.m. Sunday — just 14 hours before Sunday’s scheduled game against the Predators. |
But the Wild graciously watched the festivities from the visiting bench at Scotiabank Saddledome before their warm-ups as Calgarians paid tribute to Iginla’s 16-year career with the Flames. |
Ryan Donato expects to move out of the Intercontinental Hotel in downtown St. Paul and into more permanent housing as he tries to get settled in his new home after being traded Feb. 20 from the Boston Bruins for Charlie Coyle. |
He had one goal and five points in his first four games with the Wild, so things are falling into place on the ice. But his car remains in Boston. He’s driving a rental. And tired of eating hotel food. |
“It makes me feel more comfortable if I can cook some meals for myself,” said Donato. “That’ll make a huge difference. |
Republican sources continue to tell PolitickerNJ.com that Assembly Minority Leader Jon Bramnick (R-21) has consistently cultivated conversations about a 2014 U.S. Senate bid with GOP Party leaders. |
Other would-be challengers to U.S. Sen. Cory Booker (D-NJ), including state Sen. Mike Doherty (R-23), have not had those face-to-face discussions with chairs from all corners of the state. |
As recently as last week, Bramnick was on the phones to power players, sizing up a run at Booker. |
Lead acid battery makers had a nice ride for many quarters on the back of high demand and good profit margins. But the road ahead may be arduous as the odds are mounting against these firms. |
The two market leaders Exide Industries Ltd and Amara Raja Batteries Ltd may see weaker demand in the replacement market. This is a rub-off of weak automobile sales, mainly four-wheelers, between fiscal years 2012 and 2015. After all, replacement market sales follow automobile sales with a two- to three-year lag. |
A slowdown in the replacement market sales is worrisome as this segment brings in about two-thirds of the operating profit for battery makers. |
Next, some analysts say that there could be saturation in market share gains too. |
A report by Kotak Institutional Research says, “Organized players (primarily Amara Raja) have outperformed industry growth due to market share gain from smaller unorganized players over the past five years. Together, Amara Raja and Exide have almost 90% market share in the four-wheeler replacement segment and further m... |
If at all, some growth is likely in two-wheeler replacement market sales. But then, the operating profit accretion from this segment is lower than that from four-wheelers. |
Also, like most other commodities, lead prices too have risen by a significant 20-25% in the last six months. This will weigh on profit margins until the battery makers are able to pass on this cost increase to consumers. |
Given that the replacement market growth rate is likely to be subdued, manufacturers may be cautious in increasing battery prices in the replacement market. Some brokerage firms have justifiably trimmed operating margin forecasts for both Exide and Amara Raja by about 50 basis points for FY18. Only better-than-expected... |
All the above factors triggered some sell-off in both company stocks since November. That said, at current levels, Amara Raja shares trade at a richer valuation (about 23 times FY18 earnings estimate) than Exide’s, which trade at around 17 times. The former’s scorching pace of sales and earnings growth in the last deca... |
However, from these levels any further rise in stock prices will be powered by a favourable turnaround in the factors detailed above, which are critical to battery makers. |
January 30, 2015 Seattle Seahawks running back Marshawn Lynch has made clear he doesn't like talking to the media. But has his stance helped or hurt his Beast Mode image? |
January 30, 2015 The Seattle Seahawks will be trying to win a second straight championship when they play the New England Patriots. Both teams have a 14-4 record. |
January 22, 2015 The New England Patriots' coach and quarterback are weighing in on the controversy surrounding the deflated footballs used in the playoff game against the Indianapolis Colts. |
January 21, 2015 The NFL is investigating whether the New England Patriots deflated footballs and gained an advantage in the playoff game against the Indianapolis Colts last weekend. |
January 13, 2015 Ohio State routed Oregon 42-20 Monday night in Arlington, Texas. The game's offensive MVP, running back Ezekiel Elliot, rushed for 246 years and four touchdowns. |
January 12, 2015 The nation's first official college football championship in the new playoff system pits the Oregon Ducks against the Ohio State Buckeyes on Monday night. Both defeated favored teams to play in Dallas. |
January 12, 2015 The first college football championship game of the new playoff system will be played Monday night in AT&T Stadium in Arlington, Texas. It's the Oregon Ducks versus the Ohio State Buckeyes. |
January 6, 2015 Pitchers Randy Johnson, John Smoltz and Pedro Martinez, and second baseman Craig Biggio were elected to the Hall of Fame on Tuesday. Robert Siegel talks to Tom Goldman about the selections and some of the notable ballplayers who did not get in, like Don Mattingly. |
January 1, 2015 Charges of abuse against high profile players and the leagues response to those charges angered many. We look at how the league is working to restore its tarnished brand. |
January 1, 2015 This first day of 2015 is a historic day for college football. Playoffs begin, and there are two semi-final games: Oregon plays Florida State and later, Alabama takes on Ohio State. |
December 29, 2014 A California measure will limit the amount of full contact middle and high school football players can have during practice. The new law takes effect January 1. |
December 22, 2014 Florida State says quarterback Jameis Winston did not violate any school code of conduct in an alleged sexual assault case. This allows Winston to go on playing football for the undefeated Seminoles. |
December 1, 2014 Was the New England Patriots-Green Bay Packers game a Super Bowl preview? Does the putrid NFC South really deserve a spot in the playoffs, or can they give it to the SEC? |
After months of silence on peace issues, MoveOn is mobilizing its members to demand an exit strategy for Afghanistan. |
MoveOn.org resumed its historical antiwar stance this week, symbolically breaking with the Obama administration for the first time. |
After being criticized for abandoning the antiwar stance that won it millions of activist supporters, the organization sent targeted mailings supporting the demand for an Obama administration exit strategy report contained in HR 2404, by Rep. Jim McGovern of Massachusetts. |
The measure, which requires the Pentagon to outline an exit strategy from Afghanistan by December 31, had only eighty-four co-sponsors last week, and was blocked by the House Democratic leadership from consideration as part of the supplemental military appropriation of $100 million. Currently it is pending in the House... |
The bill represents an uncertain trumpet for Democrats who were willing to impose exit deadlines from Iraq on the outgoing Bush administration. Both President Obama and Defense Secretary Robert Gates have spoken in favor of an Afghanistan exit strategy in the past, which means their opposition to the McGovern legislati... |
The refusal of MoveOn to engage in the supplemental fight, or oppose the escalation in Afghanistan, meant a reduction of grassroots antiwar pressure on wavering Congressional members. Until last week, Congressional antiwar leaders were questioning where MoveOn, with its 5 million members, stood on the vote. |
Despite its modest nature, MoveOn’s entry into the debate could be an important factor in legitimizing antiwar criticism of the Obama policies among Democrats. Antiwar sentiment at the grassroots is smothered by the unwillingness of several organizations to openly oppose the war escalation, despite their roots in the a... |
The silent organizations thus far include Democracy for America and its founder, Howard Dean, Ben Cohen’s True Majority, and the Obama campaign’s offshoot, Organizing for America. The Feminist Majority even supported the $80 billion war supplemental with an amendment supporting women’s programs in Afghanistan. The Femi... |
Ernest C. Wilson Jr. has been watching buildings go up for a long time. Some of them he even designed. In fact, if you were picking the architecture firms most responsible for Orange County's cityscape--which has been both praised and damned--then his 39-year-old Langdon Wilson Architecture Planning of Newport Beach an... |
Southbound 35E from County 96 to I-94: 14 minutes. |
Northbound 35W from County 42 to Crosstown: 12 minutes To downtown Minneapolis: 18 minutes. |
Westbound Hwy. 36 from Edgerton Street to 35W: 9 minutes. |
The September “Employment Situation” report was finally released by the BLS yesterday. While the numbers were delayed by the government shutdown, they were not impacted by it, because the data was gathered in mid-September. |
Once again, the jobs numbers were awful. Adjusted to the labor force participation rate that obtained when President Bush left office, September’s unemployment rate was 10.9%. This was unchanged from August, and unchanged from 12 months ago. |
All of the 0.6 percentage point decline in the “headline” (U-3) unemployment rate (from 7.8% to 7.2%) observed during the past year has been a consequence of the ongoing (and unprecedented) exodus from the job market. Labor force participation continued its relentless plunge during September, falling to the lowest leve... |
The decline in job seeking that has occurred under President Obama amounts to 6.4 million Americans giving up on finding work. |
In the past 12 months, the nation has made no progress at all in getting back to full employment. In fact, we are 221,000 full-time-equivalent (FTE*) jobs farther from full employment now than we were a year ago. |
The problem is weak economic growth. The economy simply isn’t growing fast enough to produce any improvement in the jobs picture. If, as currently expected, real GDP (RGDP) growth for the third quarter comes in at 2.0%, our RGDP growth rate over the past year will have averaged only 1.44%. This is less than half the 3.... |
September also marked the end of the first full year of the Federal Reserve’s “QE3” program. During the first 12 months of QE3, the Fed expanded the monetary base by $892.7 billion, or 34.1%. |
If we were to be charitable, and attribute 100% of the increases in RGDP and FTE jobs over the past 12 months to QE3, then it took $2.16 worth of QE to produce $1.00 of nominal GDP (NGDP), and $575,940 of QE to create one FTE job. |
Unfortunately, however, this analysis is far too generous to the economic abomination that QE3 has become. It is clear from the data that the Fed’s QE has had exactly the opposite effect of what the Fed intended. |
QE is supposed to increase the growth rate of NGDP, and thereby (hopefully) RGDP and jobs. But it doesn’t. |
If we rank the past five 12-month (October through September) periods in terms of QE (percentage increase in the monetary base), NGDP growth rate, and RGDP growth rate, we see that there is a perfect inverse correlation between QE and GDP growth. The 12 months with the most QE had the lowest NGDP and RGDP growth; the 1... |
During the 12-month period that had the highest NGDP and RGDP growth, the monetary base actually contracted (i.e., the Fed did negative QE). This is also the period that enjoyed the highest percentage increase in FTE jobs. |
Given the data from the past five years, the Fed’s ongoing reluctance to “taper” QE3 is, well, bizarre. QE obviously makes things worse, not better, at least for the real economy. |
The first step in creating higher economic growth is to recognize the need for higher economic growth. While the Republican Party is supposed to be the party of economic growth, it is actually the Democrats (or at least a few of them) that have been talking about growth recently. |
Summers expanded upon his thoughts about growth during an interview on the Charlie Rose TV show on October 18. |
The good news is that Summers seems to understand that a tiny increase (e.g., 0.2 percentage points) in our long-term economic growth rate (over the CBO’s pathetic 2.17% forecast) will have more impact upon federal government finances than any conceivable “grand bargain” to raise taxes and cut spending. |
Unfortunately, Summers, who was until recently a leading candidate to replace Ben Bernanke as Chairman of the Fed, seem unaware that America’s single most important piece of infrastructure is the U.S. dollar. Stabilizing the dollar would have a much greater impact upon RGDP growth than would rebuilding every bridge in ... |
Summers also seems to have bought into the “education is an investment” fantasy. America has gotten no (economic) return at all on its massive increase in education spending at all levels over the past 50 years. |
So, Summers misses the most important single factor impacting America’s economic growth rate, and he advocates wasting even more money on education. At least Summers is talking about economic growth, while the GOP worries about cutting spending, which would produce little or no benefit even if it could be done. |
The GOP needs to focus its attention on growth, and to run on a strong pro-growth platform in the 2014 and 2016 elections. |
North Carolina’s presidential primary in 2020 is earlier in the election cycle than previous years, giving the state potentially more of a say in who wins the Democratic party nomination. |
Dolly Parton is going to be on a racecar at Bristol, baby! |
So far this year, NBC Charlotte has counted hundreds of shootings, and at least 32 murders across the Queen City. Most of them involving guns. |
Now's your chance to walk the Yellow Brick Road like your favorite "Wizard of Oz" characters at Beech Mountain's Land of Oz park. |
There were several heated questions asked by frustrated community members during the meeting, which lasted over two hours. |
Stocks fell across a broad front yesterday as traders worried about rising interest rates here, as well as in West Germany and Japan. |
Strong signs that interest rates may be moving up in both Japan and West Germany pushed up interest rates in the credit markets here yesterday, but traders voiced concern that to remain competitive they may have to be raised further. |
And in remarks that many traders took to be a big hint that no interest-rate relief was on the way, Alan Greenspan, chairman of the Federal Reserve, told Congress that the economy had probably passed the danger point. |
After falling 45 points in early afternoon, the Dow Jones industrial average ended the session off 38.74, or 1.5 percent, to 2,596.85. Trading was relatively light. |
Several market analysts have been advising clients to lighten up on stock positions, suggesting that Wall Street could be facing further declines. |
A. Marshall Acuff Jr., an investment strategist for Smith Barney, Harris Upham & Company, told the Reuters news agency that he had advised clients yesterday to trim stock holdings slightly and to build up cash. |
The Dow transportation index slid 11.38 points yesterday, or nearly 1.1 percent, to 1,067.92, largely because of a 3 5/8 decline in UAL, to 127 1/8. Analysts said UAL directors would convene tomorrow for a regularly scheduled meeting to review union proposals to buy the company. |
Trading volume, which just a week ago reached a low for the year of 118.4 million shares, stood yesterday at 148.2 million, down from 166.8 million on Friday. |
The most active issue on the Big Board was Great Northern Nekoosa, which rose 1 1/2, to 65 3/8, after Georgia-Pacific increased its offer for the paper company to $65.75 a share, from $63, and the two signed an agreement to merge. More than two million shares changed hands. |
In the strongest decline among the active issues, United Telecom slid 1 3/8, to 31 7/8, largely in response to a Wall Street Journal article yesterday on an inquiry by the Federal Bureau of Investigation into reported spying by U S Sprint into rival phone bids. Sprint is part of United Telecom. Among the strongest gain... |
Ashton Hagans: The freshman guard’s thievery pace has slowed, but only slightly. Starting with his eight steals in the CBS Sports Classic against North Carolina, Hagans made 26 steals in six games. That’s a ridiculous average of 4.3 steals per game. Since then, Hagans has nine steals in five games, a 1.8 average. No do... |
Tyler Herro: Yeah, yeah, PJ Washington recorded another double-double Saturday. But UK’s leading scorer in the win over the Gators was Herro, who finished with 19 points. On an afternoon when most players from both teams were having trouble making shots, Herro was six of eight from the floor, including three of four fr... |
Keldon Johnson: You might not have noticed, but the freshman has been hitting the glass of late. OK, he didn’t at Vanderbilt, where Johnson failed to find a single rebound. Before that, however, he grabbed 10 boards in the win over Kansas to go with his 15 points for a double-double. After Vandy, Johnson was credited w... |
EJ Montgomery: John Calipari said the freshman reserve was the difference in UK’s win over UF on Saturday. (The Gators joined in on the praise.) Really? Montgomery failed to score in 10 minutes. Ah, but he had three rebounds, including an important offensive grab off a missed Washington free throw that led to a basket ... |
Immanuel Quickley: The freshman guard’s three-point radar has been a bit off lately. He’s 3-for-14 from three over his last six games. On the plus side, Quickley was four of five from the foul line Saturday, including both ends of the bonus with 2:24 left that put Kentucky up 57-48. |
Nick Richards: After a stellar 14-point game at Vanderbilt, the sophomore center failed to be a factor in Gainesville. In five minutes on the floor, he failed to take a shot or a get rebound while committing two turnovers. Cal keeps saying that down the stretch, the Cats are going to need a contribution from Richards. ... |
Reid Travis: The grad student from Stanford was relatively quiet the last two games, managing just one point at Vandy and six at Florida. He did pull down seven rebounds against the Gators. Over his past five games, the 6-8 Travis is averaging 8.2 rebounds per game. His offense will return. |
PJ Washington: Vandy Coach Bryce Drew called the sophomore forward perhaps the most improved player in the country. Florida Coach Mike White called Washington the best player on the floor. As previously mentioned, Washington recorded his third consecutive double-double on Saturday, scoring 15 points and grabbing 12 reb... |
It should be noted Randle started his collegiate career with seven straight double-doubles. Under Calipari, DeMarcus Cousins also had a stretch of seven straight double-doubles. Anthony Davis’ longest streak was five. |
HAMMOND � The Nicholls State Colonels were unable to close out the 2007 season with a victory, dropping Saturday�s season finale to Southeastern Louisiana 7-2. |
The victory gave the Lions a sweep of the three-game series, but due to Stephen F. Austin�s victory over Sam Houston State on Saturday, Southeastern finished in seventh place in the Southland Conference standings and failed to qualify for the conference tournament. |
The Colonels finish the 2007 campaign with an overall record of 10-45 and a 6-24 mark in Southland Conference action. |
Making his final start in a Nicholls uniform, Michael Bartek (2-11) suffered the loss. |
In six innings, he allowed six runs, three earned, on six hits, while walking two and striking out three. |
In five innings of work, Central Lafourche product Rene LeBlanc (3-0) got the win for the Lions (34-21, 16-14). LeBlanc surrendered two runs, one earned, on four hits. |
Southeastern�s bullpen held the Colonels scoreless in the final four innings. |
Nicholls was led at the plate by Anthony Wray (2-for-3, RBI) and Shane Barksdale (2-for-3, run). Southeastern�s Bryan Frichter finished 3-for-5, with a double and three RBIs. |
Southeastern scored three unearned runs in the bottom of the second inning. With runners on second and first and two outs, Bartek appeared to get out the inning unscathed but a throwing error from scored Will Lefever. |
Frichter followed with a two-run double to give Southeastern a 3-0 lead. |
The Colonels chipped into the Lions lead with two runs in the top of the fourth. |
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