Energy losses push TSX down modestly as loonie moves higher US markets

first_imgTORONTO – Losses in the energy sector led Canada’s main stock index modestly lower on Tuesday as U.S. markets drifted higher for the third day in a row.The S&P/TSX composite index was down 25.41 points to 15,216.47, in a largely broad-based decline.One notable bright spot on the commodity-heavy TSX was the base metals sector, which was up more than two per cent on the day.“Base metal stocks are definitely leading the market much stronger,” said Colum McKinley, vice-president and portfolio manager of Canadian equities at CIBC Asset Management Inc. “We saw a weaker U.S. dollar so that’s helping support copper prices and zinc prices.”South of the border, Wall Street indexes continued turning higher.In New York, the Dow Jones industrial average was up 39.18 points to 24,640.45. The S&P 500 index was up 6.94 points to 2,662.94 and the Nasdaq composite index was up 31.55 points to 7,013.51.Today’s market calm follows harrowing levels of market volatility over the last two weeks when the TSX fell more than five per cent and Wall Street indexes entered “correction” territory. Last week the Dow twice fell 1,000 points in a day, sometimes gaining or losing hundreds of points in only a few minutes.Given the heightened market sentiment, McKinley said investors will be intensely focused on the U.S. Labor Department Wednesday when it issues its monthly report on consumer prices.“A lot of this volatility in the market place has related to pricing in or changing the expectations in the market for inflation,” he said. “We would caution that you should never look at a single point and make a decision on it.”In currency markets, the Canadian dollar closed at an average trading value of 79.37 cents US, up 0.02 of a U.S. cent.On the commodities front, the March crude contract was down 10 cents to US$59.19 per barrel and the March natural gas contract was up four cents to US$2.59 per mmBTU.The April gold contract was up US$4.00 to US$1,330.40 an ounce and the March copper contract was up eight cents to US$3.16 a pound.last_img read more

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92 largecap equity funds underperformed in 2018

first_imgNew Delhi: Most of the large-cap equity funds and government bond funds underperformed their benchmark indices over the one-year period ending December 2018, says a report. According to S&P Indices Versus Active (SPIVA) India scorecard, 92 per cent of the large-cap equity funds, 25.6 per cent of mid, small-cap equity funds and 81.6 per cent of government bond funds underperformed their respective indices over the one-year period ending December 2018. Also Read – Thermal coal import may surpass 200 MT this fiscalThe large-cap equity funds are compared to S&P BSE 100 index, while mid, small-cap equity funds to S&P BSE 400 mid, and small-cap index respectively. “The large-cap equity funds witnessed a low survivorship rate (66.7 per cent) over the 10-year period and a low style consistency (42 per cent) over the one-year period ending December 2018,” S&P Dow Jones Indices Associate Director, Global Research & Design Akash Jain said. Over the 10-year period, the return spread for actively managed large-cap equity funds, between the first and the third quartile break points of the fund performance, stood at 3.4 per cent, pointing to a relatively large spread in fund returns. Also Read – Food grain output seen at 140.57 mt in current fiscal on monsoon boostIn line with the historically volatile nature of the mid, small-cap segment of the Indian equity market, the return spread for actively managed mid, small-cap equity funds was even higher at 5.3 per cent over the same period, the report said. The asset-weighted return for large-cap equity funds was 72 bps higher than the equal-weighted return over the 10-year period. During the same period, the asset-weighted return of Indian equity mid, small-cap funds was 91 bps higher than their benchmark, the S&P BSE 400 mid small-cap index. “Over three-year period, 88.1 per cent of ELSS Funds have underperformed their respective benchmarks and the return spread between the first and third quartile break points of the fund performance was 3.7 per cent over the 10-year period,” it said. The SPIVA India Scorecard reports on the performance of actively managed Indian mutual funds compared to their respective benchmark indices over one, three and five-year investment horizons.last_img read more

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Mediterranean Days on Water Information Systems

first_imgRabat – A gathering on Water Information Systems will take place at the Faculty of Sciences of Rabat, in order to prepare for the meeting scheduled for the 20 & 21 March 2014. The meeting will focus on Water Information Systems in the Mediterranean region.Obviously, water is the most vital natural resource for our own survival, thus preserving it is crucial. Achieving this objective requires more involvement from water users and those participating in the management of water resources by raising awareness and providing information about this resource. The key is the use of, Water Information System (WIS), which allows the following: the production, the collection, the archiving, the development, and the availability of data around this natural resource.What is a WIS? What’s its composing? How can we implement it? What are the available technologies required for such a system? What are the existing experiences in this area? And what would be the opportunities and at the same time the limits of development?The answer to these questions and many more will be given and explained by the Moroccan Association of Young Geometricians (MAYG) at the gathering organized under the theme of: “Water Information Systems: Innovations, Challenges and Prospects,” on Saturday, November 7th, 2013 at the Faculty of Sciences of Rabat, starting from 9am.It should be noted that the MAYG is organizing this gathering, not only for a better exchange, but also to pave the way for the International Congress “WIS Med’s Day” (Water Information System Med Day’s) set in 2014.last_img read more

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Opinion NCAA makes another mistake lifting Penn State bowl ban

Joe Paterno’s statue outside of Beaver Stadium on Thursday, July 12, 2012, in State College, Pennsylvania. A news conference addressed the results of Louis Freeh’s investigation into the Jerry Sandusky scandal on Thursday at the Scranton Hilton in Scranton, Pennsylvania.Credit: Courtesy of MCTOn Monday, the NCAA announced it had lifted the postseason bowl ban against the Penn State Nittany Lions football team only two years into its four-year suspension, making the team eligible for the Big Ten Championship game and the first-ever College Football Playoff this season.The ban from bowl games was part of the July 2012 sanctions against the program after an investigation into the Jerry Sandusky child sex abuse scandal that rocked State College, Pa. In addition to a four-year ban from postseason games, the NCAA stripped Penn State of all of its 112 wins from the 1998 to 2011 seasons and fined the university $60 million — both of those sanctions remain in effect.The NCAA also announced that after this season that Penn State will be allowed to award the Football Bowl Subdivision-standard 85 scholarships to students on the football team. As part of the original sanctions, Penn State was limited to 65 scholarships this year, with an increase of five per season until 2016. That sanction had already been adjusted to allow the Nittany Lions 75 scholarships this season as of September 2013.While those in the Penn State community rejoiced about the news of the reduction in sanctions, it has been reviled in other corners.Penn State is 2-0 on the season and is scheduled to open its Big Ten schedule Saturday against Rutgers in New Brunswick, N.J., at 8 p.m.Coming off of one of the worst weekends of football for the Big Ten in recent memory, the NCAA’s decision can be seen as nothing more than a money grab. Entering week three of the season, only three Big Ten teams appear on the Associated Press Top 25 poll, with none higher than Michigan State at No. 13. There is likely a legitimate fear among NCAA officials that the oldest conference in college athletics will not be represented in the inaugural playoff and that perhaps Penn State is the conference’s best hope.Penn State would have attended bowl games in 2012 and 2013 if it had been eligible.Two years ago, the conversation in football circles was whether the NCAA had been too lenient, and if the “death penalty” (suspension of the football program) was more appropriate. Today, Penn State is celebrated by former U.S. Senator George Mitchell for its strides towards integrity, disgusting praise for a university that harbored a sexual predator for over a decade. While Penn State’s football and institutional reputation has been unquestionably smeared by the punishments rendered, rewarding the school for two years of good behavior is horribly close-minded.Tone deaf as ever, Scott Paterno, Joe Paterno’s son, said that despite the reduction, the family is still pursuing a lawsuit against the NCAA, hoping to reveal the truth and have some of his father’s wins will be restored. Whether blinded by reverence or simply failing to understand logic, Scott Paterno does not seem to grasp how his father’s culpability in the scandal is deserving of punishment. He again chooses to ignore the responsibility his family, his university and the state of Pennsylvania owes to the victims.Jerry Sandusky leaves the courthouse Thursday, June 21, 2012, following the closing arguments in his sexual abuse trial, at the Centre County Courthouse, in Bellefonte, Pennsylvania.Credit: Courtesy of MCTFull restoration of Penn State’s football privileges continues the over-glorified mop-up in the years after the scandal. As American society slowly advances toward zero tolerance for domestic and heinous crimes, it was refreshing to see the NCAA take a firm stance against what happened at Penn State. While the scandal was entirely separate from on-field play, the punishment was the NCAA saying it would not allow football to supersede the university’s responsibility as an institution.At least it did until the league’s commissioners realized the potential financial loss. With 14 member schools, the Big Ten covers a lot of geography. That’s a lot of households watching bowl games and the playoffs, and a large number to lose if the Big Ten is not well-represented this year.Pennsylvania stepped up its investigation into sexual crimes after the scandal, state Attorney General Kathleen Kane said. “It shouldn’t take an embarrassment on the commonwealth to shame us into taking care of our kids.”At least she understands the responsibility no one else seems to grasp. The point of the sanctions was to punish the university’s failure to behave responsibly. While Penn State football has unquestionably changed since the scandal broke, the punishment is not supposed to be up for audible for good behavior. Again, the NCAA and the university are ignoring the victims and doing nothing to embrace their responsibility by at the very least admitting that the idea of the Nittany Lions potentially taking the field for a bowl game only three years after the scandal broke might be inappropriate. read more

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Lippi It would be a nobrainer for Real Madrid to hire

first_imgAntonio Conte has all the technical and psychological requirements to get Real Madrid back to winning ways, reckons Marcello LippiThe former Chelsea coach is the rumoured favourite to replace the fired Julen Lopetegui in the dugout at Real.And Lippi, who coached Conte at Juventus during his playing days, reckons that his fellow Italian is a logical choice for Los Blancos.“Conte has all the technical and psychological values to manage a great club and why not, even Real Madrid,” said Lippi, according to the Daily Mail.Sacchi explains Sarri, Conte, and Ancelotti Manuel R. Medina – September 14, 2019 Arrigo Sacchi talked about how Sarri has a tougher time at Juventus than Conte at Inter; while Ancelotti’s “blood is boiling” at Napoli.Arrigo Sacchi…“I don’t know if he is interested in Real Madrid and if Real Madrid are interested in him but for sure he would be able to have Real Madrid come back.”Real Madrid Castilla boss Santiago Hernan Solari will be in charge on an interim basis for the next two weeks as the club decides on Lopetegui’s replacement.Former Real midfielder Esteban Cambiasso also backed the idea of Conte taking charge and reckons he will get on well with Real captain Sergio Ramos.Conte has also previously coached the Italian national team and Juventus.last_img read more

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Alisson Napoli save felt like the winning goal

first_imgLiverpool goalkeeper Alisson Becker has described his sensational late save against Napoli in the Champions League as like a match-winning goalThe Reds progressed to the knockout stages of the competition on Tuesday night through Mohamed Salah’s first-half goal to take second place in Group C.Although their efforts at Anfield were nearly undone when Napoli’s Arkadiusz Milik’s made a last-minute effort to equalise for the visitors.However, Liverpool’s £67m summer recruit Alisson proved he’s worth every penny by blocking Milik’s effort and becoming an instant hero in front of the home fans.“A save at the end of the game is always great and you feel you have contributed to the game,” Alisson told The Times.Jadon Sancho, Borussia DortmundCrouch: Liverpool could beat Man United to Jadon Sancho Andrew Smyth – September 14, 2019 Peter Crouch wouldn’t be surprised to see Jadon Sancho end up at Liverpool one day instead of his long-term pursuers Manchester United.“Of course, an important save in the first minute is as important as a save in the last minute but for the fans it’s the closest thing to scoring a goal in the last minute as we did in the derby against Everton.“But I only managed to make that save with the help of my teammates’ contribution and thank God we got the victory.”Liverpool will host Manchester United at Anfield on Sunday with kick-off set for 17:00 (CET).last_img read more

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Nuno Espirito is happy after a surprising victory

first_imgThe Wolverhampton Wanderers manager guided his club to a surprising win over Tottenham Hotspur and the coach is delightedWolverhampton Wanderers surprisingly defeated Tottenham Hotspur 3-1 today.And for manager Nuno Espirito this is a moment of happiness, although he’s surprised.“The second half was really, really good. We managed possession, had chances and goals,” he said according to Four Four Two.Harry Maguire, Manchester UnitedLiverpool legend Nicol slams Harry Maguire’s Man United form Andrew Smyth – September 14, 2019 Steve Nicol believes Harry Maguire has made some “horrendous mistakes” recently, and has failed to find his best form since joining Manchester United.“We had a lot of belief after the equalizer, I would have said a draw was a good result, but I cannot control the emotions of the boys if they see space in front of them.”“It is good for the dressing room but to play like this at Wembley – the home of football – is the big thing,” he commented.“We have achieved something very special in getting to the Premier League and it has been a very special year.”last_img read more

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Tuesday Update Swan Lake Crews Slowly Demobilizing

first_imgFacebook0TwitterEmailPrintFriendly分享The Swan Lake Fire is approximately 102,027 acres in size with 72% of the planned objectives accomplished.  Fire crews continued making progress completing fire suppression objectives and no substantial growth has occurred on the fire in three days. The remaining 341 crew members on the fire are working to identify areas to stop the fire spread to the east towards Cooper Landing and secure the Sterling Highway. They are continuing to scout, monitor, and work hot spots in the area above Upper Jean Lake, where able to do so safely. The Swan Lake Fire Community Meeting has been scheduled for Thursday, July 25, at 6pm, at the Cooper Landing School. Mark Struble with the Incident Command Team: “On the fire we are holding steady, there has been no real forward movement on the last for the last 60-75 hours. Most of that danger is passing so they are starting to demobilize. Some helicopters and engines are being sent to other areas of the state.” Since fire growth potential remains, given the current hot and dry weather conditions, firefighters will continue to monitor hot-spots from the air and ground while mopping-up and repairing miles of fireline.center_img Incident command staff will be on hand to provide fire information and will share the strategies and tactics being used to protect critical infrastructure throughout the community of Cooper Landing. Struble: “There will be fire officials, and local agencies there to answer questions about what is next. You look out at these blackened landscapes and what is the plan to mitigate what has happened here over the last 6 weeks with this burn.”  All interested residents are welcome to attend and ask questions about this incident and the continued efforts being made to protect the community and critical infrastructure.last_img read more

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Worlds first Chromebook Enterprise from Dell took close to 2 years to

first_imgDell Latitude 5400 Chromebook Enterprise. Sarah Tew/CNET Chromebooks — laptops that run on Google’s Chrome OS — are a growing part of the global PC market. The devices have consumed a large part of the education market in the past few years and have steadily pushed into the business world. Dell announced Monday the world’s first Chromebook Enterprise two-in-one and laptop to help solidify Chrome OS’ business presence.The two devices are designed to satisfy the IT execs faced with a new world that demands choice, said Brett Hansen, VP of Dell client software and general manager data security. “They want to be able to choose environments that make the most sense for either my organization, my department or even an individual.” Within that construct, Dell started conversations with Google about Chrome.Google had been talking with many businesses that wanted their workforce both using the cloud and a modern operating system, said Eve Phillips, Google’s group product manager for Chrome OS Commercial. “Things get lost, they’re not secure, real laptops get left places, for all of these reasons — for end users and IT — there are tons of benefits” for moving to a cloud-based OS.”At the same time,” Phillips added, “organizations also want to take advantage of what the cloud offers without throwing away everything they’ve got.”04-dell-latitude-5300-2-in-1-chromebook-enterpriseDell Latitude 5300 two-in-one Chromebook Enterprise. Sarah Tew/CNET Chromebook Enterprise aims to solve this from a software perspective with both Chrome OS and the enterprise features it enables, as well as combining it with the hardware, support and sale infrastructure from Dell. “It’s bringing all of the pieces together that organizations have grown to expect along with the modern OS of Chrome devices,” Phillips said.Dell and Google have been working on the extensive joint effort for close to two years. “To really get the benefits of both companies, there were things we had to do differently,” Phillips said. Those included integrating the security of verified boot and Google’s boot security chip into the hardware as well as enabling all of Dell’s support infrastructure.03-dell-latitude-5400-chromebook-enterprise Sarah Tew/CNET For Dell’s part, in addition to its hardware and support, the company is making broader adoption easier. “Right out of the gate we’re going to sell this in 50 countries and we’ll have 10 different keyboard languages,” Hansen said. And then there are the two devices themselves — a traditional clamshell and a two-in-one — which are designed as mainstream devices developed for a larger workforce.Built for durability, they’re made from carbon fiber and can be easily serviced by an IT department. They’re also highly configurable with everything from a Celeron up to eighth-generation Intel Core processors, up to 32GB of DDR4 memory and enterprise-class PCIe NVMe SSD drives up to 1TB. The 14-inch Latitude 5400’s battery can last up to 20 hours, while the 13-inch Latitude 5300 two-in-one can go for up to 14 hours, depending on configuration and tasks.Other benefits include unified endpoint management with VMware’s Workspace One, a revamped Google Admin panel with significantly faster load times and the option to enable managed Linux environments on Chromebooks.The Latitude 5400 price will start at $699 and the Latitude 5300 starts at $819. Both are available on Aug. 27. 35 best battery life laptops Comment Computers Now playing: Watch this: Tags 37 Photos Correction, 2 p.m. PT: Corrected the number of keyboard languages. 1 1:26 How to use Android Instant Tethering Share your voice Chrome OS Dell Google Intellast_img read more

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Cards Wrap Up Thursday Doubleheader with 52 Win Over Xavier

first_imgThe Cardinals (11-3) gained an early advantage with doubles wins at Nos. 1 and 2. Senior Christopher Morin-Kougoucheff and freshman Fabien Salle teamed to beat Jack Dykema and Brett Winters 6-2 on court one. Seniors Brandon Lancaster and George Hedley followed quickly with a 6-3 win over Matthew Graft and Connor LaFavre at the two-spot to clinch the first point of the match. Live Stats Xavier’s Graft wrapped up the match with a 7-5, 1-6, 6-3 win over Salle on court three. Watch Live Full Schedule Roster  Doubles competition1. C. Morin-Kougoucheff/Fabien Salle (LOU) def. Jack Dykema/Brett Winters (XU) 6-22. Brandon Lancaster/George Hedley (LOU) def. Matthew Graft/Connor LaFavre (XU) 6-33. Michael Lee/Jan Vrba (XU) vs. Sergio Ramirez/Fredrik Moe (LOU) 3-3, unfinished Coach Rex Ecarma Interview Louisville moved ahead 2-0 in singles with Morin-Kougoucheff’s 6-1, 6-2 decision against Winters at No. 1. “Xavier obviously made a push tonight,” said UofL head coach Rex Ecarma. “Some of those guys we know very well, some of those guys came here on recruiting visits, so they were really hyped up for Louisville and they did a good job. Fede Gomez and Fabien Salle, have played so many matches. I was thinking when I was out there on the court with Fabien, we’re not even halfway through the season and he’s got so many matches under his legs and Fede is the same way. I was really glad they pushed it to a third set. Gomez got his, Salle didn’t get his, but again it was a short week. It’s like football, you have a Sunday game and all of a sudden you have a Thursday night game. That’s how we felt. We were much fresher in the morning, and you could see the wear and tear by the end.”  Sergio Hernandez Ramirez Interview Next Match: NORTHWESTERN 3/3/2019 | Noon Photo Gallery The Cardinals countered on court two, where Lancaster topped Dykema 6-2, 6-1 to push Louisville’s lead to 3-1. #44 Louisville Men’s Tennis 5, Xavier 2 The match was decided at the No. 4 spot where freshman Sergio Hernandez Ramirez beat LaFavre 7-6, 6-1 to clinch the win for the Cardinals. Senior Federico Gomez increased the Cardinals’ lead to 5-1 with his 6-4, 2-6, 6-3 decision against Vrba at the five-spot. At the six-spot, Xavier’s Michael Lee posted a 6-1, 6-3 win over freshman Juan Paredes to put the Musketeers (1-8) on the scoreboard and cut the lead in half.  Singles competition1. Christopher Morin-Kougoucheff (LOU) def. Brett Winters (XU) 6-1, 6-22. Brandon Lancaster (LOU) def. Jack Dykema (XU) 6-2, 6-13. Matthew Graft (XU) def. Fabien Salle (LOU) 7-5, 1-6, 6-34. Sergio Hernandez Ramirez (LOU) def. Connor LaFavre (XU) 7-6 (7-3), 6-15. Federico Gomez (LOU) def. Jan Vrba (XU) 6-4, 2-6, 6-36. Michael Lee (XU) def. Juan Manuel Paredes (LOU) 6-1, 6-3 The Cardinals will return to action on March 3 when they play host to Northwestern at 12 p.m. Tennis Match ResultsXavier vs Louisville Men’s Tennis2/21/2019 at Louisville, Ky.(Bass-Rudd Tennis Center) Match Notes:Xavier 1-8Louisville Men’s Tennis 11-3; National ranking #44Order of finish: Doubles (1,2); Singles (1,6,2,4,5,3)T-2:15  A-168  LOUISVILLE, Ky. The University of Louisville men’s tennis team collected its fifth straight victory with a 5-2 win over Xavier Thursday evening at the Bass-Rudd Tennis Center. The match completed a doubleheader sweep after the Cards beat Northern Kentucky 7-0 earlier in the day. Matchup History Story Links  Print Friendly Versionlast_img read more

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