sexta-feira, 30 de março de 2012

Wasserman Media Group making growth play with $25M investment

Wasserman Media Group, which has become a force in the sports and entertainment worlds, is making a growth play, thanks to a $25 million investment from Highbridge Capital Management, The Post has learned.

The infusion will help WMG push into Asia and South America, as well as expand its athlete management practice, sources familiar with the matter said.

Sources said the Highbridge investment values privately held WMG at $250 million. A spokeswoman for the firm declined to comment.

WMG, which specializes in corporate sponsorships and naming rights for sports and entertainment projects, negotiated the 20-year deal with MetLife to buy the naming rights to the Giants and Jets’ stadium in the Meadowlands.

<a href=Casey Wasserman of Wasserman Media, which scored the Met Life Stadium naming rights deal, is winning a whopping $25 million investment from Highbridge Capital." title="Casey Wasserman of Wasserman Media, which scored the Met Life Stadium naming rights deal, is winning a whopping $25 million investment from Highbridge Capital." width="300" height="300" src="/rw/nypost/2012/03/30/business/web_photos/wasserman--300x300.jpg" />

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Casey Wasserman of Wasserman Media, which scored the Met Life Stadium naming rights deal, is winning a whopping $25 million investment from Highbridge Capital.

The firm also reps sports stars such as the NFL’s Andrew Luck and the NBA’s Derrick Rose.

WMG was founded in 2002 by Casey Wasserman, the grandson of legendary talent agent and MCA owner Lew Wasserman.

More players are jumping into the sports agency business, which is being fueled in part by lucrative sports TV rights.

At the same time, some of the biggest players are in flux.

Hollywood talent agency CAA has branched out into sports management and has partnered with an investment venture, Evolution Media Capital, although sources said its efforts in Europe have been fraught with difficulties.

The firm’s European boss, Peter Kenyon, a former CEO of Manchester United and Chelsea, quit in October amid reports of a dispute between CAA and soccer association FIFA. CAA is part owned by private-equity giant TPG.

Separately, sports and entertainment powerhouse IMG has been dealing with a management transition following the death of owner, Teddy Forstmann. IMG is now under the leadership of CEO Mike Dolan, the former CFO of Viacom.

catkinson@nypost.com

Highbridge Capital Management, Wasserman Media Group, sports and entertainment, Casey Wasserman, investment, Wasserman Media, sports management, Evolution Media Capital, CAA, sports stars, Andrew Luck, Highbridge investment

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quinta-feira, 29 de março de 2012

NFL considering casino advertising

PALM BEACH, Fla. — NFL boss Roger Goodell gave the strongest hints yet that football fans will soon be seeing casino advertising inside stadiums.

On the day The Post reported that NFL owners were weighing a move to accept boatloads of marketing money from casinos, the football commish confirmed, “That is what we have to decide, and we will be deciding it over the next few weeks.”

Goodell, speaking at a press conference yesterday at the NFL annual meeting, here, said, “We have kept a real distance between gambling and the NFL. We intend to keep doing that. But we have frequently modified that over the years. We do it on a regular basis, and we are doing it now.”

Meanwhile, the NFL is discussing the likely rules that would govern casinos advertising, another clear hint that changes are on the way.

Sources tell The Post that casinos can advertise inside the stadium, on radio and in game programs and other team publications, but they wouldn’t be allowed to run commercials on any team’s self-produced TV programming.

Casino ads wouldn’t be allowed to reference table games or specific gambling activities, and no casino with a sports book would be allowed to advertise with, or sponsor, a team.

The Post reported exclusively yesterday that the Jets and Giants are open to considering casino ads, in a move that could net teams up to $5 million per season.

Jets owner Woody Johnson said: “It’s an interesting situation because that’s a great segment in which to develop relationships anyway.”

The NFL, even when they approve in-stadium advertising by casinos, as is expected, will still remain far behind other pro sports leagues when it comes to cozying up to casinos.

The NBA held its All-Star Game in Las Vegas, and a WNBA team plays at the Mohegan Sun Casino.

NFL, advertising, casino ads, football fans, Mohegan Sun Casino

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Eddie Lampert quietly shopping Lands' End

EXCLUSIVE

Eddie Lampert is cleaning out the closet at Sears, and he’s not feeling sentimental about Lands’ End.

The number-crunching hedge-fund tycoon — who, as chairman of Sears Holdings, has lately been scrambling to raise cash amid heavy losses at the Sears and Kmart retail chains — has quietly been shopping the Dodgeville Wis. mail-order catalog to potential buyers, The Post has learned.

Lampert, who inherited Lands’ End when he took control of Sears in 2005 by merging it with Kmart, has approached a handful of private-equity firms as he looks to raise as much as $2 billion in cash, sources said.

AP

Sears boss Eddie Lampert is shopping the retailer’s underperforming khaki-andplaid Lands’ End brand, which he bought for just under $2B a decade ago.

While it’s early in the process, sources said that Lampert is likely to tap Goldman Sachs to run the sale.

Last month, Sears said it had moved to raise upwards of $750 million by selling 11 stores and spinning off some smaller-format stores as it disclosed it lost $3.1 billion last year.

Sears has since cut a deal to sell three prize stores in Canada for $170 million.

“Everybody is talking to Sears about buying back stores,” according to a real-estate source. “It stinks of desperation.”

A Sears spokeswoman yesterday said the retailer doesn’t “comment on rumor or speculation.”

Lampert is looking to find a buyer who will license Lands’ End to Sears while pursuing growth elsewhere, possibly in Europe, according to a source.

“The idea is that Lands’ End would become something like Tommy Hilfiger,” according to the source, noting that the global brand’s clothing is licensed exclusively to Macy’s in the US.

Nevertheless, many insiders question whether the hard-bargaining billionaire could fully recover the $1.86 billion shelled out in 2002 by former Sears CEO Alan Lacy — a price tag that was widely viewed as inflated at the time.

That’s because Lands’ End — which had seen torrid growth in the 1990s as a family destination for khakis, cardigans and sensible swimsuits — hasn’t grown much under the Sears umbrella.

Sears has mostly kept mum about the brand’s financial performance in recent years, but sources said its profitability hasn’t changed much either, generating between $150 million and $200 million annually in earnings before interest, taxes, depreciation and amortization, or Ebitda.

While Sears had paid more than 10 times Ebitda for Lands’ End, today’s rocky retail environment makes a deal more likely in the $1.2 billion to $1.6 billion range, bankers said.

Lands’ End’s upscale image was an awkward fit from the beginning for Sears, whose stores have become increasingly shabby as Lampert has slashed capital spending.

While it’s rare for a brand to rebound, Martha Stewart has been successful at Macy’s despite a previous stint at Kmart, notes Michael Stone of the Beanstalk Group, a branding consultant.

“A lot of people remember Lands’ End before it went to Sears,” Stone said. “It can certainly be brought back to its former glory by the right company.”

jcovert@nypost.com

Sears Holdings, Sears, Dodgeville Wis., Eddie Lampert, EXCLUSIVEEddie Lampert, Kmart, Lands’ End, online

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Just sold!

Manhattan

FINANCIAL DISTRICT $1,055,000

15 Broad St.

One-bedroom, one-bath loft condo, 1,169 square feet, with foyer, kitchen with granite counters and stainless-steel appliances, beamed ceilings, marble bath and home office; building features doorman, gym, bowling alley, basketball court, sauna, Jacuzzi and roof deck with reflecting pool and fireplace. Common charges $942, taxes $170. Asking price $1,075,000, on market 12 weeks. Brokers: Jordan Cooper, Cooper & Cooper Real Estate and Jackie Chan-Brown, Citi Habitats

GRAMERCY $1,180,000

121 E. 23rd St.

Two-bedroom, two-bath condo, 1,012 square feet, with floor-to-ceiling windows, kitchen with granite counters, Brazilian cabinets and GE stainless-steel appliances, limestone baths with Kohler fixtures and ASKO washer/dryer; building features courtyard, roof deck, gym, meeting room and bike room. Common charges $1,228, taxes $432. Asking price $1,225,000, on market 15 weeks. Brokers: Joe Lui, Citi Habitats and Jessica Levine, Prudential Douglas Elliman

UPPER WEST SIDE $1,800,000

251 W. 89th St.

Three-bedroom, two-bath condo, 1,700 square feet, with windowed eat-in kitchen, foyer with fireplace mantel, master suite with marble en-suite bath and dressing room, original hardwood floors, 10 1/2-foot ceilings and window AC; building features doorman, roof deck, laundry and storage. Common charges $1,450, taxes $1,135. Asking price $1,800,000, on market 10 weeks. Brokers: Marla Woodford, Prime Manhattan Residential and Marisa Dichne, The Corcoran Group

Brooklyn

KENSINGTON $149,000

515 E. Seventh St.

Alcove studio co-op, 607 square feet, with kitchen with granite counters and stainless-steel appliances; building features garage, garden, laundry, storage and bike room. Maintenance $544, 40 percent tax-deductible. Asking price $154,000, on market 22 weeks. Broker: Jeff Surowka, Abacus Properties

PARK SLOPE $475,000

1 Plaza Street West

One-bedroom, one-bath co-op, 800 square feet, with renovated kitchen with white cabinets and stainless-steel appliances; building features doorman. Maintenance $1,001, 40 percent tax-deductible. Asking price $509,000, on market 16 weeks. Brokers: Wendy Stephenson, Brown Harris Stevens & Robert T. Frye, Prudential Douglas Elliman

Long Island

MINEOLA $347,500

136 Saville Rd.

Three-bedroom, 1 1/2-bath Colonial, on a 50-by-100-foot lot, with eat-in kitchen, formal dining room, laundry room, porch and two-car garage. Taxes $7,763. Asking price $365,000, on market seven weeks. Broker: Kathleen Christie, Laffey Fine Homes

Rockland

VALLEY COTTAGE $260,000

114 Sierra Vista Lane

Two-bedroom, 1 1/2-bath condo, 1,015 square feet, with kitchen with granite counters and tiled backsplash, renovated bath and washer/dryer; complex features pool. Common charges $428, taxes $435. Asking price $279,000, on market two weeks. Broker: Peggy Kirwan, Better Homes and Gardens Rand Realty

square feet, Asking price, granite counters, Cooper , kitchen, appliances, Citi Habitats, roof deck

Nypost.com

quarta-feira, 28 de março de 2012

New Coughlin deal in works

EXCLUSIVE

When Tom Coughlin received a one-year contract extension last July to serve as Giants head coach through the 2012 season, he shrugged off the extra job security that came with the pact, saying, “As I’ve said roughly a thousand times, we’re all on one-year contracts in this business.’’

Well, probably not for long.

After winning his second Super Bowl title in four years this season, Coughlin is in line for a heavy-duty new contract.

“We’ve had a lot of good discussions since the Super Bowl, and I have no doubt it’s going to get done very soon,’’ Giants co-owner John Mara told The Post yesterday from the NFL owners’ meetings in Palm Beach, Fla. “As I’ve said, Tom is our guy, and we think we have the best coach in the league.”

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Mara added he expects the deal to get done in the next 4-6 weeks.

Coughlin, who turns 66 on Aug. 31, is the NFL’s oldest coach. Last month, he became the oldest coach to win a Super Bowl, and he has shown no signs of slowing down.

Saints coach Sean Payton was scheduled to make $7.5 million in salary this season and the Patriots’ Bill Belichick ($7.5 million), Redskins’ Mike Shanahan ($7 million) and Seahawks’ Pete Carroll ($6.7 million) also are in the NFL’s coaching financial stratosphere.

Coughlin’s new contract likely will pay him far more annually than his 2011 salary of $5.25 million.

paul.schwartz@nypost.com

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Raider nation: Defending CHSAA champ Regis expanding profile in city

Regis is in uncharted territory, not just for its program, but for CHSAA boys volleyball teams across the city.

The Raiders will compete this year in tournaments at Cardozo, Francis Lewis and Horace Mann. The PSAL has long been the superior league – the CHSAA is still in the developing stages of boys volleyball – but Regis has become somewhat of a pioneer.

“We’ve been playing a lot of tournaments and a lot of scrimmages,” coach Alex Chan said. “Apparently everyone wants to play us. It’s good.”

Regis has been extremely successful, winning two of the last three CHSAA city titles. But more importantly, Chan has reached out and bridged the gap. He has long said that he’s about advancing the sport of volleyball and if that means bringing the Raiders success, then he’s pleased with that as a byproduct.

“Opportunities and venues that we didn’t even know about are now being opened to us,” Chan said.

The 10th-year coach has high hopes again this year. Regis graduated top players like John Flanagan, Billy Carballeira and Matt Vuoncino, but there is a returning nucleus that makes the Raiders the CHSAA favorite again. Middle hitter Tom McLaughlin and setters Brian Cavaluzzo and Will Salter all return and will be tri-captains. Chan is also excited about the progression of senior middle/outside hitter Tyler Sellers.

“The quality of my players is just as good if not higher than at this time last year,” the coach said. “I think we have a very solid team on all levels.”

The back row will be anchored by sophomore defensive specialist Brian Dobrowski, the star cross country runner at Regis, who decided to play volleyball instead of run track last spring.

“His natural talent is tremendous,” Chan said. “He’s going to be a key player.”

Last year, the team dealt with some adversity. Midway through the season, the gym at the Upper West Side school was damaged in a fire. It was a scramble to find a gym for Chan after that and Regis, which earned homecourt advantage in the playoffs, didn’t have any to speak of.

The Raiders won the title anyway and now have a bright, shiny new gym to play in. Chan joked that everyone wants to scrimmage Regis now, not because of the team, but because of the new facility.

“It’s a beautiful gym,” he said. “We just happen to come along with it.”

Regis will spend plenty of time away from home, playing in tournaments four weeks in a row during one stretch of the season. That’s the new normal for the budding program.

“I think that’s just a natural progression,” Chan said. … “I think that the team is always looking to use more opportunities to expand the sport more. We always want to go out and play more and be challenged.”

mraimondi@nypost.com

CHSAA, Francis Lewis, coach Alex Chan, volleyball teams, Regis, tournaments, tournaments, Brian Cavaluzzo, Chan, Matt Vuoncino, Regis is in uncharted territory

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terça-feira, 27 de março de 2012

Giants owner tweaks Tebow, Jets

PALM BEACH, Fla. — Fresh off another Super Bowl win, Giants owner John Mara couldn’t resist a dig at the Jets and Tebowmania yesterday.

Asked if New York was big enough to handle both the Giants and Tim Tebow, Mara joked the Jets wouldn’t be the only local team holding a press conference today to announce the signing of a backup quarterback.

“I don’t know [if the city is big enough], but the David Carr press conference will be tomorrow afternoon, too,” Mara said upon arriving at the NFL meetings.

Jets owner Woody Johnson didn’t respond to the poke from his local rival, but Rex Ryan did.

“You can say anything you want, because they’re world champions,” Ryan said. “That’s all fine and dandy. ... They accomplished what I wanted to, but instead of being the best team in New York, they were the best team in football. But we’ll take a swing at them.”

bhubbuch@nypost.com

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domingo, 25 de março de 2012

Lundqvist leads Rangers to shootout victory

TORONTO — This is no longer about finding time to get Henrik Lundqvist rest. This, rather, is about creating the opportunity for the Rangers’ franchise goaltender to get back on top of his game.

“The last few weeks have been OK, I don’t think I’ve been giving up bad goals, but I need to come up with more big saves to give us the chance to win,” The King said after recording 22 saves in a 4-3 shootout victory over the Maple Leafs in going back-to-back for just the fourth time this season and first time since Feb. 11-12.

“I’m trying to push myself to be a little bit sharper where I can be the difference in games, because the difference really is so small.”

NET GAIN: Rangers goalie Henrik Lundqvist gets low to stop a shootout try by the Maple Leafs’ Nazem Kadri during the Blueshirts’ 4-3 win last night in Toronto.

Reuters

NET GAIN: Rangers goalie Henrik Lundqvist gets low to stop a shootout try by the Maple Leafs’ Nazem Kadri during the Blueshirts’ 4-3 win last night in Toronto.

The difference between the first-place Rangers and second-place Pittsburgh increased to three points with the Penguins’ 8-4 defeat at Ottawa last night. The Blueshirts have seven games to go, the Penguins have eight, picking up their game in hand at home tonight against the Devils.

Odd, but for a team that professes not to place too much emphasis on the results of a game, the Rangers were quite the happy bunch after Brad Richards got his first shootout goal of the season following eight misses, one round before Ryan Callahan won it by beating Jonas Gustavsson to the blocker side.

“Of course it’s important for us to win. It gives us confidence,” said Marian Gaborik, who had a splendid night while scoring his 36th and 37th goals. “We know that we had a couple hiccups, but it’s easier to build off a win than a loss.”

One of the hiccups was a Brandon Dubinsky missed read as the third-man high against a Toronto breakout that helped create a two-on-one off which Cody Franson scored at 9:11 of the first period. This occurred one night after the Sabres scored on three odd-man rushes at the Garden.

“It was not a good feeling to happen right away, I have to say that,” Lundqvist said. “But I still had to battle. I just tried to move on.”

Coach John Tortorella moved Dubinsky off the unit with Derek Stepan and Callahan and onto the bench, before giving him limited fourth-line duty the rest of the way while Carl Hagelin moved into the Top Six.

Even after Dubinsky scored at 15:29 of the second to knot the game at 2-2, the winger got just two brief shifts in the third period — one on one of the club’s three successful penalty kills within a span of 5:59 in the third — before getting a turn in overtime, finishing his night with 7:51 of ice.

Richards made a blunder in the defensive zone that helped the Maple Leafs grab a 2-1 lead, but made a nifty feed to Gaborik to give the Rangers a 3-2 third-period lead after being allowed to remain in place.

Beyond the two points, beyond the Dubinsky benching, the night was most notable for the decision to go with Lundqvist back-to-back and the King’s acknowledgement that he needs to lift his game to the elite level he established through the first five months of the season.

“I want to get my game going and to do that I need to get back to being more patent because right now I’ve been a little too anxious to make saves,” said The King, who has made 56 starts after getting between 67 and 72 in each of the last five seasons. “However many games I play the rest of the way, if they to give me the rest, I’m fine with it.”

larry.brooks@nypost.com

Henrik Lundqvist, Maple Leafs, Maple Leafs online, Brandon Dubinsky, Rangers, Rangers, Marian Gaborik, The King, The King, Ryan Callahan, Blueshirts, Nazem Kadri

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sábado, 24 de março de 2012

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sexta-feira, 23 de março de 2012

EU: Transaction Tax Could Save U.K. Billions

BRUSSELS—The U.K. government could see its direct contribution to the European Union budget reduced by €7.6 billion ($10.04 billion) by 2020 if the EU's proposal for a regional transaction tax to fund Brussels's spending is agreed upon, Budget Commissioner Janusz Lewandowski said Thursday.

The European Commission's proposal is the centerpiece of last year's EU budget plans for 2014-20. That proposal will be the starting point for what is expected to be a scrap over Brussels's spending plans in coming months. member states, the EC and the European parliament must agree on the budget by December.

While the financial-transactions tax has won public backing from nine countries, including France and Germany, the Commission's plan faces an uphill struggle. Some countries appear steadfast in opposing a broad transactions tax, including the U.K. and Sweden. Many governments are also reluctant to lose their grip on Brussels's revenues.

In its report, the Commission estimates that by 2020 a financial-transactions tax levied on shares, bonds and derivatives could generate €81 billion annually.

The Commission says a third of that would be reserved for member states while Brussels would automatically receive the other two-thirds, some €54 billion.

According to the Commission, the French contribution to the EU budget would fall by €8.8 billion, Germany would see its payments fall €10.7 billion and Italy would provide €6.5 billion less.

Still, every euro saved on payments to Brussels would be one euro surrendered by national governments if a transactions tax was agreed and introduced. That leaves some member states unimpressed.

"The Commission's own analysis shows this tax could take €200 billion out of the EU economy and cost 500,000 jobs, which is why the U.K. is opposing it," said a British diplomat. "We are against any new EU tax to fund the EU budget and completely refute the suggestion that the U.K. will benefit from the EU's financial transaction tax."

The Commission has long wanted to increase the amount of funds directly earmarked for Brussels. However, some member states believe that control of those funds gives national governments greater sway over EU spending and priorities.

The Commission hopes that by offering national governments the chance to tell voters they are slashing the amount of money they send to Brussels, the EU's executive will win some governments over to their plans.

"We are coming with some striking figures to assist the debate," Mr. Lewandowski said Thursday.

There has been little sign of an emerging consensus on the transaction tax, while even those countries that have promised to forge ahead appear set on using the cash for their national treasury.

In a press conference in Brussels Thursday, Danish Prime Minister Helle Thorning-Schmidt, whose country holds the rotating EU presidency, said her government was speeding up discussions on the transactions tax. She confirmed it will be debated by EU finance ministers in Copenhagen next week.

Some diplomats believe the Commission is pressing the so-called "own resources" plan as a bargaining chip to trade in with the more powerful member states to prevent too austere an overall budget settlement.

While the U.K., France and Germany have had spectacular rows in the past in the lead-up to the multiyear budget settlements, all three have pledged an austerity settlement this time with spending increases for Brussels in line with inflation.

Some smaller European countries fear that will only happen if there are sharp reductions in cohesion funds—resources used for the poorer parts of the EU, especially the newer member states in Eastern Europe.

Write to Laurence Norman at laurence.norman@dowjones.com

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quarta-feira, 21 de março de 2012

Hurley leaving Wagner for Rhode Island

Dan Hurley is the new men's basketball coach at Rhode Island.

Hurley, 39, who spent two years at Wagner, agreed to a six-year deal to rebuild the struggling Atlantic 10 program. A press conference is scheduled for Wednesday at 1 p.m.

In his second season at Wagner, Hurley led the Seahawks, of the Northeast Conference, to a 25-6 record. The former star guard at Seton Hall, son of Basketball Hall of Famer Bob Hurley, also coached nine seasons at St. Benedict's Prep in Newark.

The Rams went 7-24 this season.

"Dan is a proven winner at every level and I am looking forward to partnering with him to build on the solid foundation we have in place," Rhode Island athletic director Thorr Bjorn said. "Our goals are to compete for, and win, Atlantic 10 championships and advance to play in NCAA tournaments."

Hurley's hire comes at the right time for the Rams. The Atlantic 10 is moving its conference tournament next season to Brooklyn and the new arena for the NBA's Nets, a golden opportunity for A-10 schools to recruit in the New York-New Jersey area and market their programs.

"We are delighted that Dan shares our vision to build a high-quality program that puts the student-athlete first and competes at the highest level," Rhode Island president David Dooley said. "And we are confident that he will be successful here."

Hurley replaces Jim Baron, who had two years remaining on his contract, after a 4-12 record in the Atlantic 10 this season. Baron, 57, coached the Rams since 2001 and made five NIT appearances. But he did not take the Rams to the NCAA tournament. He was fired March 4.

Hurley didn't take the Seahawks to the postseason, either, after losing in the NEC semifinals to Robert Morris, 71-64, at home. There was a thought Wagner might land in the NIT, but when the Seahawks weren't invited, they elected not to pursue the CBI.

A native of Jersey City, Hurley was an assistant coach at Rutgers. While at St. Benedict's, he went 223-21 and coached four McDonald's All-Americans. The season before he arrived at Wagner, the Seahawks were 5-26.

"Dan is an incredible competitor," Bjorn said, "who wants nothing more than to help young men grow and develop, on and off the court."

He has work to do. The Rams lost six of their last eight games and did not qualify for the Atlantic 10 tournament. Only Fordham kept them from last place.

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segunda-feira, 19 de março de 2012

Peyton near deal with Broncos: report

Denver -- Peyton Manning was hammering out the final details of a contract Monday to become the next quarterback of the Denver Broncos, FOX Sports confirmed.

The four-time MVP has directed his agent to negotiate a deal with the reigning AFC West champions.

Manning, who had narrowed his search down to Denver, San Francisco and Tennessee, reportedly called all three teams personally to inform them of his decision.

Titans owner Bud Adams later expressed his disappointment in failing to land the prized free agent.

"Peyton called me this morning to inform me of his decision and obviously I am disappointed, because I thought we would be a perfect fit," Adams said in a statement. "Now that we move forward, I want our fans to know that our expectations haven't changed -- winning a championship is still the goal."

AP

Peyton Manning.

News of Manning's decision was first reported by ESPN.

The two sides are said to be working out the kinks on a five-year deal. Manning and Denver executive vice president of football operations John Elway briefly discussed the parameters of a deal worth $95 million earlier this month, according to the report.

The move likely means Broncos quarterback Tim Tebow will be on his way out of Denver, with the team looking to pursue trade options for the immensely popular signal caller, according to the report.

Manning's, decision to take the reins in Denver after 14 seasons in Indianapolis, brings an end to the most highly publicized free-agency frenzy in NFL history.

The 11-time Pro Bowler, who turns 36 on Saturday, was released by Indianapolis on March 7 after Colts owner Jim Irsay decided not to pay Manning a $28 million roster bonus.

Irsay opted to roll the dice on drafting a quarterback of the future after four offseason neck surgeries sidelined Manning for the entire 2011 season and the team finished a league-worst 2-14.

Indianapolis is expected to draft Stanford star Andrew Luck with the first overall pick in next month's NFL Draft.

Manning, who ranks third in NFL history with 54,828 career passing yards and 399 touchdown passes, led the Colts to 11 playoff appearances, two AFC titles and a Super Bowl victory in 2006-07.

Barring a snag in the final contract negotiations, Denver will become Manning's second NFL home after the Colts drafted him with the first overall pick in 1998.

Peyton Manning, Denver Broncos, Denver, Bud Adams, NFL, FOX Sports, San Francisco, AFC West, John Elway, Colts owner Jim Irsay

Nypost.com

Gulfstream Results

FIRST-5 1/2 fur; $25,125; alw; 4up

1

Repenter (Cstllno)

4.40

3.20

2.60

6

Special Song (Lopez)

5.60

4.20

7

Petch (Cruz)

6.80

Scr: Rich Hero.

* Exacta (1-6) $29.40 * $1 Superfecta (1-6-7-2) $304.50 * $1 Trifecta (1-6-7) $103.80

Winner picked by Dasilva

SECOND-1 1/16m(T); $29,250; cl($35,0); 3YO

4

Crs nd Trcks (Cstlln)

4.20

2.60

2.40

6

Jardun (Bravo)

3.40

3.00

10

Soup A' Fleet (Gomez)

4.40

Scr: Lady Myrka, Love Man, My Uncle Cardie, Right Angle, Kat's Corinthian.

* Daily Double (1-4) $10.80 * Exacta (4-6) $14.20 * $1 Superfecta (4-6-10-8) $334.60 * $1 Trifecta (4-6-10) $30.90

Double picked by Dasilva

THIRD-1 1/8 miles(T); $62,750; alw; 4up

2

Eternl Rulr (Mrgh)

11.60

5.60

4.00

8

Ha Long Bay (Saez)

7.00

5.00

4

Our Noble Heart (Leparoux)

7.40

* $1 Pick 3 (1-4-2) 3 Correct $38.30 * Daily Double (4-2) $30.60 * Exacta (2-8) $74.80 * $1 Superfecta (2-8-4-5) $2,269.20 * $1 Trifecta (2-8-4) $413.50

FOURTH-1 mile; $62,750; alw; 3YO

5

Stat (Velazquez)

4.80

3.20

2.20

1

Isutalkintome (Jara)

7.60

3.20

3

Scatter Joy (Lopez)

2.20

* $1 Pick 3 (4-2-5) 3 Correct $36.40 * Daily Double (2-5) $26.80 * Exacta (5-1) $26.80 * $1 Superfecta (5-1-3-4) $87.10 * $0.5 Trifecta (5-1-3) $13.30

Winner picked by Dasilva

FIFTH-1 1/16m(T); $29,250; clm($35,0); 3up

11

Ys Sh Ruls (Lprux)

5.40

3.20

2.60

2

Onthekisser (Solis)

3.20

2.40

3

Deverell (Maragh)

2.80

Scr: Perfectly Gray, Clare's Bernardine.

* $1 Pick 4 (4-2-5-11) 4 Correct $202.10 * $1 Pick 3 (2-5-11) 3 Correct $59.50 * Daily Double (5-11) $14.20 * Exacta (11-2) $21.40 * $1 Superfecta (11-2-3-4) $147.90 * $1 Trifecta (11-2-3) $21.60

SIXTH-1 1/16 miles; $48,625; clm($40,0); 4up

6

Edgewter (Cstllno)

4.20

3.00

2.20

3

Nathan Ridge (Bravo)

5.80

3.80

5

Dream Maestro (Leyva)

3.00

* $1 Pick 3 (5-11-6) 3 Correct $21.60 * Daily Double (11-6) $14.00 * Exacta (6-3) $26.60 * $1 Superfecta (6-3-5-8) $369.70 * $1 Trifecta (6-3-5) $40.60

Winner picked by Dasilva

SEVENTH-1 mile(T); $66,100; alw; 4up(f)

7

Whpsw Cty (Lprx)

8.20

4.40

3.00

9

Silver Prism (Castellano)

4.80

3.40

2

Font (Prado)

2.60

Scr: Last Full Measure, She's a Ketch.

* $1 Pick 3 (11-6-7) 3 Correct $25.10 * Daily Double (6-7) $17.60 * Exacta (7-9) $39.40 * $1 Superfecta (7-9-2-8) $118.50 * $1 Trifecta (7-9-2) $55.60

EIGHTH-1 mile; $60,350; mdn; 3YO

5

Pshngnstrng (Lzcn)

4.20

2.60

2.20

4

Fortin (Trujillo)

7.80

4.40

8

Rose Brier (Lopez)

3.60

Scr: First Won, Entrainment.

* $1 Pick 3 (6-7-5) 3 Correct $24.00 * Daily Double (7-5) $17.40 * Exacta (5-4) $26.60 * $1 Superfecta (5-4-8-2) $638.90 * $1 Trifecta (5-4-8) $79.50

Winner picked by Dasilva

NINTH-1 mile(T); $66,100; alw; 4up(f)

3

Arch Spprt (Wlsn)

64.20

26.40

9.20

7

Button Girl (Castanon)

8.80

5.60

2

Startling Beauty (Lopez)

7.40

Scr: Entrustment.

* $1 Pick 3 (7-5-3) 3 Correct $302.00 * Daily Double (5-3) $122.00 * Exacta (3-7) $520.80 * $1 Superfecta (3-7-2-10) $9,645.40 * $0.5 Trifecta (3-7-2) $897.65

TENTH-7 fur; $150,000; 4up; Inside Info

5

Muscl Rmnc (Lyv)

11.20

6.40

4.60

8

Hot Summer (Saez)

36.80

14.20

9

Groupie Doll (Maragh)

3.60

Scr: Catch a Thief.

* $1 Pick 3 (5-3-5) 3 Correct $513.80 * Daily Double (3-5) $318.80 * Exacta (5-8) $464.60 * $1 Superfecta (5-8-9-6) $7,910.80 * $1 Trifecta (5-8-9) $1,151.30

ELEVENTH-7 1/2 fur(T); $29,250; cl; 3YO

5

Topazio (Gomez)

11.60

6.00

4.40

1

Starshp Amanda (Mdrd)

16.20

9.40

7

Natalie's Goal (Trujillo)

5.60

Scr: Red Candy, Downtown Devil, Ginagain.

* $0.1 Pick 6 Jackpot (6-7-3/5/7-3-5-5) 6 Correct $2,440.62 * $0.5 Pick 5 (7-3/5/7-3-5-5) 5 Correct $4,167.45, 4 Correct $31.65 * $1 Pick 4 (3/5/7-3-5-5) 4 Correct $2,881.50 * $1 Pick 3 (3-5-2) 3 Correct $150.90, $1 Pick 3 3-5-5 * $1 Trifecta (5-1-7) $716.00 * Daily Double (5-2) $12.40 * Daily Double (5-5) $63.60 * Exacta (5-1) $184.20 * $1 Superfecta (5-1-7-10) $6,202.60

Attendance 6,320.

Handle $800,224.

Total Handle $11,475,155.

Daily Double, Daily Double, Trifecta, Superfecta, Superfecta

Nypost.com

sábado, 17 de março de 2012

Bloomberg gives Goldman Sachs a pep talk

Mayor Bloomberg made an unannounced visit to Goldman Sachs’ downtown Manhattan headquarters yesterday to deliver a pep talk to employees after a former executive ripped apart the storied investment bank in a scathing public resignation that went viral.

“The mayor stopped by to make clear that the company is a vital part of the city’s economy, and the kind of over-the-top and unfair attacks on one of the city’s biggest employers in the city’s biggest industry that we’re seeing can eventually hurt all New Yorkers,” said mayoral spokesman Stu Loeser.

Bloomberg spent about an hour in the Goldman tower across from the World Trade Center site, going from desk to desk to chat with traders and division heads.

Afterwards, the mayor and Goldman CEO Lloyd Blankfein headed downstairs to the local Shake Shack to grab a couple of burgers, surrounded by students from nearby Stuyvesant HS.

Loeser said the idea for the personal show of support was entirely the mayor’s own.

“He likes to defend people who are under [unfair] fire,” said Loeser. “He wanted to tell them, `You’re valued. You and your company are an important part of this city.”

The mayor’s defense of the company is consistent with his repeated statements that New York needs to maintain a thriving financial industry, which provides a disproportionate share of the city’s tax revenues.

Goldman was rattled to its 143-year foundation Wednesday when Greg Smith, a London-based executive director, announced in a New York Times op-ed piece that he was quitting after 12 years because the culture of the company had turned toxic and that profits were being placed ahead of the interests of clients.

Wall Street insiders said Smith’s screed cast a pall not just on his former bank but across the entire financial sector, which is still trying to shake its “fat cat” label.

“I think we are beginning to enter a new political round of attacking the banks,” said Dick Bove, a financial analyst at Rochdale Securities. “There’s a desire to continue to treat banks — and Goldman is the lead name — as a political foil.”

At Goldman, banker sources groused that Smith’s letter forced them to spend valuable time on Wednesday and yesterday defending themselves.

Meanwhile, JPMorgan Chase CEO Jamie Dimon warned employees against taking advantage of Goldman’s situation.

“I want to be clear that I don’t want anyone here to seek advantage from a competitor’s alleged issues or hearsay — ever,” Dimon said in an e-mail. “It’s not the way we do business.”

Other executives took a different tack, aiming to differentiate themselves from the much-maligned Wall Street franchise.

“I think that it is important that you are aware of this article and understand the differences between what it says about Goldman and what and who we are here at Oppenheimer,” wrote Oppenheimer & Co. CEO Albert Lowenthal on Wednesday morning.

“We do not trade against [our clients] and have not built a firm around a proprietary trading book that requires our clients to lose in order for us to win,” the Oppenheimer chief’s letter continued.

mark.decambre@nypost.com

Goldman Sachs, Stu Loeser.Bloomberg, Mayor Bloomberg, Stuyvesant HS.Loeser, Goldman CEO Lloyd Blankfein, Greg Smith, JPMorgan Chase CEO Jamie Dimon, city

Nypost.com

quarta-feira, 14 de março de 2012

Best Behavior Bobby will be rare sight in rivalry

headshotJoel Sherman
Blog: Hardball

TAMPA — Simple question directed at Brian Cashman: “What is Bobby Valentine going to mean to the Rivalry?”

But, of course, it is not simple. Not when the goal for just about all involved in Red Sox-Yankees is to lower the temperature of the darn thing. So the Yankees general manager tries to figure out a way to say something without saying anything at all. He looks at his feet, kicks at the ground. Seventeen seconds of silence elapses after which, Cashman — of all things — stalls for more time by repeating the question.

Finally, he offers, “I guess we are all about to find out.”

Indeed we are. The teams have played more than 2,200 times — counting spring, regular season and postseason — and quite frankly, the old matchup needed a bit of rejuvenation. Yeah, it was better than Yankees-Royals or Red Sox-A’s. But it wasn’t 2003-04 when every darn game between the teams felt like a mandate on the worth of each organization.

Now here comes Valentine, a human torch. The new Red Sox skipper can create controversy simply by waving, as he did Monday to Ozzie Guillen after the Marlins manager was ejected, to which Guillen said that Valentine could, well, do something physically impossible. This is the effect Valentine tends to have on situations and people, both intentionally and not so.

This is why when Valentine entered the dugout at The George before last night’s 1-0 Red Sox win over the Yankees, he was immediately surrounded by 25 media members or roughly 25 more than, say, bothered to chat up Houston manager Brad Mills the previous evening.

“I worked in your business [at ESPN],” Valentine said jokingly. “So any way I can make your life easier, I am just here to please.”

Though entertaining — because he is genetically predisposed to be that — Valentine steered away from controversy. There was no “I hate the Yankees” declaration like at the Winter Meetings. No statements questioning Alex Rodriguez’s toughness or Derek Jeter’s intent on The Flip, like earlier this spring training.

In a private moment, I good-naturedly challenged Valentine to say something that could knock a Knicks’ six-game losing streak and mounting discord off the Back Page, and he chuckled, “Do I have [until] game time?”

However, like during the scrum with reporters, Valentine was Best Behavior Bobby. He does not do drab vanilla like Girardi. Still, he avoided the rocky road familiar to his past. He did say he was glad to be part of Red Sox-Yankees, and thought he would enjoy the 18 regular-season games more than the rest of the schedule. But he insisted that he would not work to pester the Yankees.

“If you try to annoy people with great talent,” Valentine said, “they usually have the last laugh.”

It is a nice sentiment. However, Valentine always has enjoyed a bit of psychological warfare, finding ways to vex the opponent. He just is not hardwired to quash throwing verbal logs onto fires like his predecessor, Terry Francona, or Joe Torre or Joe Girardi.

Valentine insisted this was the players’ Rivalry, and “they have allowed me to be part of it.” But his bigger-than-life personality is a major reason why he was hired — to help turn the page from the historic September 2011 collapse of the Red Sox. And if you have been reading the dispatches from Boston camp, you already know there is a Bobby Valentine variety show aspect to it, that he has to a large degree changed the subject to his theories and the 2012 campaign.

“I’ve enjoyed every second of it,” Valentine said of the early days of this regime.

He has a team good enough to win a championship or — in the tough AL East — finish fourth. He is trying to solve uncertainty at shortstop, in the corner outfield, the back of the rotation and throughout the bullpen. He says his team has no idea who he is yet, and that will not come until real wins and losses, success and slumps.

His influence on the Rivalry will be similar. The Yankees and Red Sox play just one series in the first three months, but five in the final three, including a season-ending three-gamer. In what projects as a tight race, you already can sense the importance, tension and passion that will be part of these games, especially as the season goes along.

The new ingredient will be Valentine. And my guess is — try as he might — we won’t be seeing much of Best Behavior Bobby.

joel.sherman@nypost.com

Bobby Valentine, Valentine, Bobby Valentine, Red Sox, Red Sox, Red Sox-Yankees, Red Sox-Yankees, Yankees, the Yankees, Brian Cashman, The Yankees, Joe Girardi.Valentine

Nypost.com

Court Sets May Hearing in Facebook, Google Case

NEW DELHI—An Indian court set May 23 for the next hearing in a criminal case against Google Inc. and Facebook Inc. and other companies on charges that they failed to censor objectionable content from their websites.

A court notice on Tuesday said the case will be heard by Metropolitan Magistrate Jay Thareja at the Patiala House court, instead of Judge Sudesh Kumar, another magistrate at the court. The notice didn't give a reason for the change.

Company executives weren't required to appear at Tuesday's brief, procedural hearing.

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Reuters

A security personnel answered a call at the reception counter of the Google office in the southern Indian city of Hyderabad February 6, 2012.

More

IRT: In Search of Justice at the Google, Facebook Trial

Earlier: Facebook, Google to Stand Trial in India

The case is the highest-stakes example yet of the controversy in India over what role Internet companies should have in policing Web content. If convicted, executives from the companies could face jail time and the companies could face fines, lawyers following the case said.

The case follows a complaint from journalist Vinay Rai, who alleged offenses such as defamation, obscenity and promoting enmity between different groups on grounds of religion and race.

Most of the companies have argued that India's information-technology law protects them from liability for content posted by users. The companies acknowledged they have a responsibility to remove content, in some cases, but only if notified about it. Mr. Rai didn't flag the content he found objectionable directly to the companies, complaining instead to the government.

The companies also have argued that monitoring their services without receiving complaints wouldn't be feasible, given the amounts of traffic on their sites, and would stifle free speech.

Microsoft Corp. also is a defendant but isn't expected to be a focus of the case. Google, Facebook and Microsoft have petitioned to be removed the case.

—Amol Sharma contributed to this article.

Write to R. Jai Krishna at krishna.jai@dowjones.com

Corrections & Amplifications
An earlier version of this story misstated the date of the next hearing in the first paragraph. The correct date is May 23.

Google Inc., Facebook Inc. online, Google, Patiala House court, Facebook, Judge Sudesh Kumar, Jay Thareja, India, Vinay Rai, R. Jai Krishna

Online.wsj.com

segunda-feira, 12 de março de 2012

Swiss Central Bank Tightens Rules

ZURICH—The Swiss National Bank's supervisory council said Monday it will tighten rules on personal financial transactions made by its senior policy makers in the wake of Philipp Hildebrand's departure.

Mr. Hildebrand resigned as SNB president in January after a currency deal involving his wife caused a major stir in Switzerland at a time when the central bank was trying to stem the franc's appreciation against the euro. The SNB introduced a ceiling of 1.20 Swiss francs per euro in September in an effort to curb global investor demand for the Swiss currency.

"In essence, only savings accounts at the SNB, well-diversified investment schemes, payments into occupational pension funds and individual pension fund schemes, and investments in real estate in Switzerland or abroad will be permissible," the SNB said.

The new rules will apply to the three governing members, their deputies, as well as "additional management personnel specified by the Bank Council," it said.

The council also recommended that the members of the board put control of their personal finances in the hands of independent asset managers.

The board members will be required to make quarterly disclosures of their assets. Currency transactions will still be allowed on non-financial assets like real estate, but deals worth more than 20,000 Swiss francs ($21,780) must be approved by the compliance office.

Last week, an independent probe by consultancy firm KPMG into the private financial transactions of key SNB directors found no evidence of wrongdoing

The implementation of the latest compliancy rules and the KPMG probe should now clear the way for the nomination of interim president Thomas Jordan as new SNB head.

The bank council will also have to recommend a third governing board member, in addition to Mr. Jordan and Jean-Pierre Danthine, with current SNB Deputy Director Thomas Moser seen as the favorite.

The final decision on the make-up of the new board will be taken by the Swiss government, however this isn't expected until shortly before the SNB's annual general meeting on April 27.

Swiss National Bank, SNB, Philipp Hildebrand, supervisory council, personal financial transactions, Currency transactions, Swiss francs, Mr. Jordan, Switzerland, Bank Council

Online.wsj.com

domingo, 11 de março de 2012

Island territories boost Mitt Romney's delegate total

<a href=Mitt Romney" border="0" width="580" height="387" />

Mitt Romney speaks Friday at the Mississippi Farmers Market in Jackson, Miss. (Rogelio V. Solis / Associated Press)

Mitt Romney finished a distant second in the Kansas Republican caucuses, but has won nearly a clean sweep of the 27 delegates at stake today in contests in three island territories, according to the Associated Press.

Romney won all nine GOP delegates from the Northern Mariana Islands after a vote at the territorial convention, and nine more from Guam. In the U.S. Virgin Islands, seven of nine delegates will go to Romney, one to Ron Paul, and one will be uncommitted, according to the Associated Press.

Residents of the island territories cannot vote in the presidential election, but both parties allow them to participate in the nominating process. Romney's son, Matt, campaigned in the Northern Mariana Islands. Paul paid a visit to the Virgin Islands in February.

American Samoa will also award nine delegates after a convention March 13. Twenty-three delegates are at stake in Puerto Rico's March 18 primary.

Rick Santorum won 33 of the 40 delegates at stake in Kansas' Republican caucus today, with Romney winning the other seven, according to an Associated Press projection. The Romney campaign noted that they would end the day with the most delegates, en route to the 1,144 needed to clinch the party's nomination.

"In what was hyped as a big opportunity for Rick Santorum, he again fell short of making a dent in Mitt Romney’s already large delegate lead, much less of winning the 65% of the remaining delegates that is required for him to have a chance at getting 1,144," the Romney campaign said in a statement.

Romney also picked up delegates in Wyoming after the state's county conventions; the balance of the 29 delegates from there won't be awarded until the state GOP convention in April.

Original source: Island territories boost Mitt Romney's delegate total

 

Mitt Romney, Mitt Romney, Northern Mariana Islands, GOP delegates, Romney campaign ebook download, Mississippi Farmers Market, island territories, Rogelio V. Solis, Ron Paul, Virgin Islands, Jackson, Miss., Rick Santorum

Latimes.com

sexta-feira, 9 de março de 2012

Verizon cuts

Verizon Wireless, the largest US mobile-phone carrier, said it is closing three US call centers and relocating employees to cut costs, affecting 3,175 employees. Verizon Wireless is trimming costs after capital spending rose 6.3 percent in 2011.
Nypost.com

Breaking semis curse, seniors lead St. Ray's to first final since 2007

St. Raymond celebrated in the Carnesecca Arena with a dance party. When things calmed down, senior Myron Hickman took a deep breath and uttered the word on the tip of all the Ravens’ tongues.

Finally.

The St. Raymond seniors had lost in the semifinals here at St. John’s twice in a row to Christ the King. As ninth graders, they lost in the freshmen semifinals.

That streak was finally broken Wednesday night in a wild, back-and-forth 54-53 win over rival Cardinal Hayes in overtime.

“Here’s the monkey off my back,” St. Ray’s coach Oliver Antigua said with a broad smile.

Denis Gostev

St. Raymond's Ray Pender (l.), Shane Rector (c.), and Lorenzo Rojas (r.) celebrate victory over Cardinal Hayes.

St. Raymond (20-9), which last made the finals in 2007, rallied back from down 48-41 with 2:50 left behind senior stars Daniel Dingle and Kerwin Okoro. And when the Okoro fouled out with 32.2 seconds left in regulation, Dingle and fellow senior Larry Graves made sure the Ravens left Jamaica, Queens with a berth in the championship game, set for 3 p.m. Sunday against Holy Cross at Fordham University.

“When you really want something,” Dingle said, “you take it.”

Dingle’s three-point play pulled St. Ray’s within 48-46 with 1:54 left and Okoro followed with a three-point play of his own to give his team the lead, 49-48, with 1:24 to go. Dingle made one of two free throws with 9.1 seconds left in regulation to send the game to overtime.

In the extra session, Dingle put the Ravens up for good with a foul shot with just 21.6 remaining and the defense held from there. That came after Graves made two free throws to tie the game at 53 with 1:18 to go.

Graves, who had 19 of his 21 points in the fourth quarter against Hayes (24-5) the last time, struggled from the field. But he was confident going to the line in a clutch spot. Every time he has a chance to make a play late in the game, he looks over to his coach and they both smile to each other.

“It’s Antigua, man,” Graves said. “He always tells me I’m gonna hit a big shot.”

The Temple-bound Dingle finished with a mammoth 24 points, nine rebounds and seven blocks. Shane Rector had 13 points and the Iowa State-bound Okoro added 11 points. The seniors – starting with Dingle and Okoro – hung with St. Raymond amid a mass exodus of start players two years ago.

“It’s nice to see for the guys,” Antigua said. “I’m happy for them. We deserve a chance to hold a trophy.”

Added Graves: “We didn’t take the easy way out.”

There was nothing easy about the game with Hayes. The Cardinals won the first two meetings during the regular season, including a 25-point rout in the second game. Hayes coach Joe Lods commented that his team had the edge on St. Raymond heading into a CHSAA Archdiocesan semifinal game, igniting the Ravens to a dramatic win.

Nothing like that happened this time around. Antigua was complimentary of Lods afterward. After all, the Hayes head man did guide his team to the CHSAA Class AA semifinals in its first year up from the ‘A.’ Jalen Jenkins had 14 points, Fairfield-bound Amadou Sidibe had 13 points and Naasir Williams added 12 points.

“I’m trying to re-establish Cardinal Hayes as a ‘AA’ team,” Lods said. “When I first took over, the cupboard was bare. … I see Cardinal Hayes as a storied franchise and we should be good. The Cardinals will be back.”

St. Ray’s will be back in action Sunday, back in its home borough of The Bronx. The Ravens made it past the semis this time and have a chance to win their first title since 2004.

“Finally, but it’s not over,” Dingle said. “The hunger is still there. Sunday is judgment day.”

mraimondi@nypost.com

Cardinal Hayes, Cardinal Hayes, St. Raymond, St. Raymond, Daniel Dingle, the Ravens, the Ravens, Shane Rector, Shane Rector, Kerwin Okoro, Oliver Antigua, Okoro, Raymond, Larry Graves

Nypost.com

Feds will throw e-book at Apple

The US Justice Department has warned Apple and five major US publishers that it plans to sue them, accusing them of colluding to raise the prices of electronic books, a person familiar with the probe said yesterday.

Several parties have held talks to settle the potential antitrust case, said the person, who was not authorized to speak publicly on the matter. It is not yet clear what such a settlement might look like.

The five publishers facing possible Justice Department action are Simon & Schuster, a unit of CBS Corp.; Lagardere’s Hachette Book Group; Pearson’s Penguin Group (USA); Macmillan, a unit of Verlagsgruppe Georg von Holtzbrinck; and HarperCollins Publishers, a unit of Post parent News Corp.

US and European officials have been investigating whether publishers and Apple acted together to drive up prices in the booming electronic book industry, blocking rivals such as Amazon from offering cheaper e-books.

Reuters

Copyright 2010 Thomson Reuters. Click For Restrictions

Apple, US Justice Department, Justice Department, Hachette Book Group, Verlagsgruppe Georg von Holtzbrinck, HarperCollins Publishers, electronic books, Pearson’s Penguin Group, Simon

Nypost.com

Gibbs provides Pittsburgh power

For Pittsburgh senior guard Ashton Gibbs, playing games at Madison Square Garden close to his home of Scotch Plains, N.J., never has been a pleasant experience in the Big East Conference Tournament. Pittsburgh had been one-and-done in the past three years, but the fourth time was the charm.

The Panthers beat St. John’s 73-59 yesterday in the first round, their first win in the event since capturing the Big East crown in 2008.

“It is definitely a little weird, especially in the past three years, we’ve had a lot more success during the regular season,” Gibbs said. “It was a good win for us today. I think it started on the defensive end, and we let it carry on to the offense.”

Last year, Pittsburgh was the No. 1 seed in the tournament, and No. 3 in the nation, but lost to Connecticut 76-74 in the quarterfinals after receiving a double bye. This year, they have struggled with a 16-13 record, and won just five of 18 conference games. Unless they win four more games this week, starting with Georgetown today at 2 p.m., the Panthers will miss the NCAA tournament for the first time since 2001.

“We did a good job of moving the ball, and it’s something we’ve just got to continue to do throughout the tournament,” said Gibbs, who was the high scorer for Pittsburgh, with 20 points on 5-of-14 shooting. He also made four 3-pointers — or two more than St. John’s as a team, a welcome sight according to coach Jamie Dixon.

“We have encouraged him to take open jump shots and more 3s than he has been taking, and that was a good thing,” Dixon said. “I think nine of his 14 shots were 3s, and 4-for-9 is a good percentage from 3.”

The Red Storm allowed Pittsburgh to shoot 45 percent from the field, as Nasir Robinson and Lamar Patterson were able to get open when the attention was being paid to Gibbs.

“We know [Gibbs] is one of the better shooters if not the best shooter in the Big East,” said St. John’s interim coach Mike Dunlap, who is filling in for Steve Lavin. “It was just a very fine player wearing us out a little bit and doing a good job. He is just playing off of momentum right now, and he has found his better self.”

david.satriano@nypost.com

Pittsburgh, Ashton Gibbs, Panthers, Madison Square Garden

Nypost.com

quinta-feira, 8 de março de 2012

Big Apple shines in Forbes list

Wall Street has been riding a roller coaster lately, but the New York can still lay claim to 58 billionaires on Forbes’ 25th annual list of the world’s richest people.

The roster, which numbers a record 1,226 billionaires worth $4.6 trillion, includes such New Yorkers as Koch Industries co-owner David Koch, tied with his brother at No. 12 with $25 billion. Charles Koch, chairman and CEO of Koch Industries, calls Wichita, Kan., home, though.

Other notable Gothamites on the roster are media mogul Mayor Mike Bloomberg, at No. 20 with $22 billion and preppy designer Ralph Lauren, at No. 122 with $7.5 billion.

Members of the Big Apple billionaires club also include News Corp. Chairman Rupert Murdoch, No. 106 with $8.3 billion, as well cosmetics titan Leonard Lauder and media magnate Samuel (“Si”) Newhouse Jr. , tied at No. 131, with $7.1 billion each. (News Corp. owns The Post.)

Further down the list are New York real estate maven Donald Trump, at No. 401 with $2.9 billion, and New York Daily News owner Mort Zuckerman, at No. 546 with $2.3 billion.

The world’s richest man for the second year in a row is Mexican billionaire Carlos Slim, worth about $69 billion.

Microsoft co-founder Bill Gates is the second-wealthiest person in the world, worth a reported $61 billion, while the “Oracle of Omaha,” Berkshire Hathaway Chairman Warren Buffett, comes in third with an estimated $44 billion net worth.

At 41, Sara Blakely, founder of figure-enhancing Spanx, is the youngest self-made woman in the billionaires club. She ranks No. 1,153, with $1 billion.

Walmart heiress Christy Walton, No. 11, ranks as the richest woman in the world for the seventh year, with a net worth of $25.3 billion.

Koch Industries, Charles Koch, New York, News Corp., Mike Bloomberg, David Koch, Ralph Lauren, billionaires club, Chairman Rupert Murdoch, New York Daily News, Donald Trump, Sara Blakely, Leonard Lauder

Nypost.com

Morgan Stanley ID's broker as 'madam's' potential mystery investor

Investment giant Morgan Stanley has identified one of its brokers as the mystery man who was in talks with accused Upper East Side madam Anna Gristina allegedly about setting up an online prostitution business right before her arrest in Manhattan, sources told The Post today.

The broker, David Walker, works in Morgan Stanley's wealth management unit, sources said.

Prosecutors, without naming Walker, said at Gristina's Feb. 23 arraignment in Manhattan Criminal Court, "We picked her up yesterday with a Morgan Stanley banker who she counts a close friend and she had been present at his office for a meeting in which she was trying to solicit money to fund what we believe is another business venture on the internet that involves matching up male clients with female prostitutes," court records show.

New York Post \ Natan Dvir

The entrance to Anna Gristina's alleged 78th Street brothel.

UES MADAM HAD MILLIONAIRE CLIENTS, LED LIFE OF SUBURBAN MOM

'MADAM'S' HUBBY COMMENDED FOR HEROISM BY PRESIDENT BUSH IN 1991

Assistant District Attorney Charley Linehan also said as that court hearing of the 44-year-old mom-of-four Gristina, "She has business contacts worldwide. . . she counts many 'high wealths' among her friends and clients."

Morgan Stanley declined to comment today, saying the bank is still investigating the allegations that one of its employees had been meeting with Gristina.

The allegations are the second major black eye involving the investment behemoth recently.

Last week, managing director and top banker W. Bryan Jennings was arrested by Darien, Conn., cops on charges that he stabbed a New York City cabby who had driven him to his suburban home Dec. 22, and had made racial slurs against the Egyptian-born hack.

Jennings has gone on indefinite leave from his job, which paid him about $2 million last year.

Internal Affairs Bureau cops met this morning with Sgt. Richard Wall over his possible connection to an Upper East Side madam, sources said.

Wall, a 12-year veteran assigned to the 19th precinct - which covers the neighborhood - was spotted numerous times coming and going from the four-story apartment building at 304 East 78th Street, a neighbor told The Post.

Wall was ordered to appear before IAB cops with his memo book, which tracks his day-to-day activities.

An NYPD spokeswoman said Wall may have visited the building while on official duty when he was assigned to the 19th from 2006 to 2011.
Nypost.com

segunda-feira, 5 de março de 2012

Hackley's Mueller beats buzzer, Poly Prep for elusive NYSAISAA title

Alexandra Mueller just shot and watched. There wasn’t enough time to do anything else with the shot clock ticking down from one.

“The ball just came near me,” Mueller said. “I knew the shot clock was winding down, so I kind of just threw it up there.”

With the score tied, Nia Yancopoulos shoveled a pass to the Hackley sophomore, who put up a 10-foot shot from the left side after Allie Coppola’s shot was blocked by Jacquie Kennedy on the right block. The ball hit off the left side of the rim, then off the right and finally dropped in after the buzzer sounded.

Denis Gostev

Poly Prep's Jacquie Kennedy scored 12 points in a loss to Hackley.

“It felt so good,” Mueller said. “I didn’t think it was going in, so it was even better.”

It was her only two points of the game and they gave top-seeded Hackley a trilling 35-33 win over No. 4 Poly Prep inthe NYSAISAA Class C girls basketball final Sunday at Fieldston in The Bronx.

They trailed nearly the entire game until the final 1:30 as the Blue Devils deliberately slowed the pace. Coppolla scored 12 points and Stefanie Frolo added seven points and 12 rebounds. It is Hackley’s first crown since 2008 and it finished a perfect 23-0.

“We didn’t score a lot,” Hackley coach Shelagh Amann. “But it’s the best two points ever, isn’t it?"

The win had added meaning for the Hornets. They lost in this exact game a year ago to Staten Island Academy. They rolled through their competition this season, including two lopsided wins over Poly and a 68-26 drubbing of No. 4 Rye Country Day in the semifinals, with the hope of getting back. None of that would have meant anything without this win.

“I don’t think I’ve ever been happier in my entire life,” Coppola said. … “I feel like we deserve this so much because we worked so hard for this.”

Poly Prep and coach Mike Junsch certainly made them work harder then they expected and had them playing “scared” at times, according to Amann. Junsch and his coaching staff at first thought Mueller’s shot was a shot clock violation, but after checking a hand-held video saw she got it off in time.

The Blue Devils (19-7) tried to drive the game's paced to a halt by starting possessions with 15 seconds on the shot clock and shooting with less than 10.

“Once the kids bought into the game plan of slowing the ball down, I did not think that we weren’t going to win that game,” Junsch said.

Kennedy (12 points) dominated in the paint at times and Friel, who scored eight, handled the pressure Hackley threw at her in the second half. The Blue Devils rebounded from a tough end of the season to win three playoffs games on the road and reach the first finals of Kennedy and Friel’s careers after losing in the semifinals to SIA last season

Jessica Dahldorf knocked down big jumpers, but Poly was dealt a blow to its rebounding when center Anna Lisa Westfield left the game with a knee injury with 3:12 left in the third quarter after landing awkwardly on a layup.

Hackley finally grabbed the lead at 33-32 on a Frolo jumper with 1:30 left. Friel tied the score at 33 by making 1-of-2 free throws with 1:13 remaining. The Blue Devils had two chances to take the lead, but Kennedy traveled and then was blocked on a drop step into the paint. She appeared to have made up for it by getting a piece of Coppolla’s shot with six seconds left and saw it sail under the rim.

“I saw there was only five second on the shot clock,” Kennedy said. “I knew if we held them for five seconds we were good.”

They were just a half second too short and Mueller just quick enough.

“It went up,” Mueller said. “And then back in.”

jstaszewski@nypost.com

Jacquie Kennedy, Alexandra Mueller, Blue Devils, Poly Prep, Hackley, Hackley, Mueller, Allie Coppola’s, Stefanie Frolo

Nypost.com

sábado, 3 de março de 2012

Monticello Results

WEATHER Clear TRACK Fast

FIRST-mile; pace; $2000; cond

OFF: 12:53 TIME: 1:57.2

2

SonOfBen(JMarohnJr)

4.90

2.90

2.10

3

Snuff Box (G Merton)

2.60

2.10

4

Savvy Hawk (K Switzer Jr)

3.50

* Perfecta (2-3) $11.80 * Trifecta (2-3-4) $43.00

SECOND-mile; trot; $2000; cond

OFF: 1:13 TIME: 2:03.1

2

OverTheLmt(JMrohn)

15.20

7.10

3.70

4

Digital Photo (T Gale)

4.10

2.60

5

B Muffler (J Marohn Jr)

3.00

* Perfecta (2-4) $92.00 * Trifecta (2-4-5) $361.00 * Double (2-3) $25.60

THIRD-mile; pace; $3400; cond

OFF: 1:32 TIME: 1:59.1

4

OdnBluChp(JTggrtJr)

3.40

2.30

2.10

3

Metro Blast (K Switzer Jr)

2.60

2.40

8

Comanche Hall (M Forte)

6.60

* Perfecta (4-3) $7.80 * Trifecta (4-3-8) $125.50

FOURTH-mile; trot; $2700; cond

OFF: 1:55 TIME: 2:05.0

3

Lts Captain (M Forte)

6.40

3.30

2.80

4

Mighty Arm (T Gale)

3.40

2.50

2

Halls A Sizzlin (J Taggart Jr)

4.30

* Perfecta (3-4) $23.00 * Trifecta (3-4-2) $99.50

Winner picked by Little

FIFTH-mile; pace; $4000; cl($2300)

OFF: 2:15 TIME: 2:00.4

1

OkCognac(JTaggrtJr)

7.50

4.10

3.20

2

WterfrontSuccess(MForte)

4.30

5.00

8

Raps A Million (J Marohn Jr)

5.10

* Perfecta (1-2) $33.60 * Trifecta (1-2-8) $184.00

Winner picked by Little

SIXTH-mile; trot; $2700; cond

OFF: 2:34 TIME: 2:04.4

1

SweetLucfr(KSwtzrJr)

14.20

5.10

3.20

7

Big Z Fortune (J Taggart Jr)

9.60

4.40

4

Pimlicos Treasure (J Devaux)

2.10

* Perfecta (1-7) $111.00 * Trifecta (1-7-4) $220.00 * Double (1-1) $43.00 * Pick 3 (3-1-1) $105.50

SEVENTH-mile; pace; $2700; cond

OFF: 2:58 TIME: 2:00.1

2

FourBrssStrz(MForte)

3.40

2.50

2.10

6

Huntoon (T Gale)

13.00

5.10

4

Hopulence (G Merton)

3.50

Scr: I Am So Glad.

* Perfecta (2-6) $75.00 * Trifecta (2-6-4) $304.50

EIGHTH-mile; trot; $3400; cond

OFF: 3:19 TIME: 2:02.1

7

Puzzlement(MMrxJr)

24.20

12.00

7.50

1

Thergosmyvacton(RPettto)

10.80

4.50

6

Cimmaron Hall (G Merton)

4.20

Scr: Forza Azzuri.

* Perfecta (7-1) $251.00 * Trifecta (7-1-6) $1,218.00

NINTH-mile; pace; $2000; cond

OFF: 3:39 TIME: 2:01.0

7

PonchndLfty(CStrttn)

6.00

4.00

2.60

1

Shining Jesse (J Oney)

12.00

5.70

4

Diablo (K Switzer Jr)

3.30

Scr: Cards N Music.

* Perfecta (7-1) $105.00 * Trifecta (7-1-4) $229.00 * Double (7-7) $137.50 * Pick 3 (2-7-7) $343.00

Winner picked by Little

TENTH-mile; pace; $2800; cond

OFF: 3:57 TIME: 2:01.4

1

Actor Hall (T Gale)

9.20

3.50

2.60

2

Election Day (J Marohn)

2.50

2.10

5

Bestwind Heather (G Merton)

3.60

* Perfecta (1-2) $19.40 * Trifecta (1-2-5) $164.00

HANDLE $438,454.

K Switzer Jr, K Switzer Jr online, J Marohn Jr, Trifecta, G Merton, G Merton, J Taggart Jr, T Gale, pace, pace

Nypost.com

Cross Training: A Racer on Ice Dreams of Summer Games, Too

[SKELLETON] Getty Images

Ms. Uhlaender competes at the 2010 Vancouver Winter Olympics

Two days before one of the most important races of her life in skeleton, a solo sledding sport, Katie Uhlaender hit the weight room—and hit it hard.

She "maxed out" at 225 pounds in one maneuver that required her to lift the equivalent of an NFL defensive back over her head. But the rigorous training didn't thrill her national-team coach, Tuffy Latour. He would have preferred that she focus, for at least a couple of days, on her position as one of the world's premier skeleton racers—and not on her dreams of becoming an Olympic weightlifter.

For Ms. Uhlaender, 27 years old, this balancing act was nothing new. She worked out the stiffness and soreness just long enough to win the women's skeleton world championship last Friday in Lake Placid, N.Y. She embraced her mother at the finish line, shed some tears and then had exactly nine days before her next challenge: an appearance this weekend at the U.S. Olympic weightlifting trials in Columbus, Ohio, where she will vie for a spot in the London Games, which start at the end of July.

"She's just a warrior," Mr. Latour says. "I wouldn't rule her out of anything."

[SKELLETON_2] Nicole Jomantas

Ms. Uhlaender at the 2010 Rocky Mountain State Games.

The sports world has seen its share of successful two-sport athletes. Deion Sanders and Bo Jackson, both of whom played professional football and baseball, are two of the most well-known examples. A handful of athletes have competed in both the Summer and Winter Olympics—most notably Clara Hughes, a Canadian who has medaled in cycling and speed skating.

But skeleton and weightlifting have about as much in common as quilting and auto repair, and that is what makes Ms. Uhlaender so unusual.

Skeleton looks like something straight out of Willy Wonka: Hurtling face-first down a frozen track on a sled that resembles a cafeteria tray, Ms. Uhlaender often tops out at 80 miles per hour with her chin inches from the ice. A two-time Winter Olympian, she won world cup titles in 2007 and 2008. Her friends describe her as fearless, and that mentality has helped in recent months as she tackled both sports. "It's been kind of hectic," she says.

While most of her skeleton teammates lifted weights about twice a week, Ms. Uhlaender found time to hoist barbells five or six times a week. That alone was something of a physiological feat. Between April 2009 and November 2010, she underwent five surgeries after twice shattering her left kneecap, first in a snowmobile accident and then while dancing with friends in Las Vegas. She hobbled around on crutches for six months. She says she is still hindered by a lack of full motor function in her left hip.

With the weightlifting trials approaching, her main goal this week has been to shed nearly eight pounds from her 136-pound, 5-foot-3 frame to make her weight class. (At the trials, she will compete in the 58-kilogram class, which is about 127.6 pounds.) As a skeleton racer, she can afford to be a bit heavier. The extra weight doesn't affect her explosiveness at the start, when she sprints between 30 and 40 meters before hopping aboard her sled.

She got started with the skeleton as a high-school student in Colorado when she challenged a young woman to a footrace at a rec center. The woman just happened to be a competitive bobsledder, and she encouraged Ms. Uhlaender to try out the skeleton. Eight weeks later, she was the national champion.

"That's Uhlaender," says Joy Bryant, a skeleton teammate who, like everyone else on the national team, refers to her by her last name. "She lives her life through competition. She's extreme."

Ms. Uhlaender faces hurdles away from the training center. She chose two of the least lucrative sports on the planet.

While Ms. Uhlaender receives an annual stipend from the U.S. Olympic Committee and free dormitory-style housing at its training facilities in Lake Placid and Colorado Springs, Colo., she says she "makes just enough to survive." She has a couple of sponsorships, including one with a mouth-guard company.

One problem is that the skeleton is an expensive sport, heavy on equipment. She says she recently paid $1,000 for a pair of "runners," which are the blades on the sled that make contact with the ice; $1,050 for an aerodynamic racing suit; and $1,000 for a helmet. She paid a shoemaker $100 to drill 530 tiny, ice-gripping needles into the soles of the track-and-field spikes she uses during races. "There are times when I put stuff on my credit card and close my eyes," she says.

Ms. Uhlaender banked $5,000 for winning her world title last week. (The old rules about amateurism no longer apply to Olympians, who can earn prize money and sign sponsorship deals.) That is a huge help, but her primary source of income is unconventional: cattle.

With the $10,000 she claimed for winning her skeleton world title in 2007, she took her father's advice and bought 10 pregnant cows. She keeps them on her family's ranch in McDonald, Kan. She usually spends the month of June there, helping tag, brand and breed them before selling them. She is earning about $5,000 a year off her initial investment, she said.

She says she continues to draw inspiration from her father, Ted, a former major-league outfielder who died of cancer in 2009. Philadelphia Phillies manager Charlie Manuel, who was a friend of Ms. Uhlaender's father, says he considers her "the most determined woman I've ever seen in my whole life."

At the weightlifting trials, Ms. Uhlaender will be a self-described underdog. With just two Olympic spots available to Americans, Ms. Uhlaender is seeded 15th. Regardless of how she does, she wants to continue to pursue both weightlifting and skeleton.

Kyle Pierce, a professor of kinesiology at Louisiana State-Shreveport, which houses the USA Weightlifting Development Center, says Ms. Uhlaender has plenty of potential. After all, she only started lifting weights seriously about a year-and-a-half ago as part of her post-injury rehab.

Mr. Pierce, who has worked with her, observes that the Russian great Vasily Alekseyev didn't peak as a weightlifter until he was in his mid-30s.

"I'm going to keep going until it's time to have babies," Ms. Uhlaender says. "And I don't have a man, so that still seems far off."

Katie Uhlaender, Uhlaender, Olympic weightlifting, weightlifting, weightlifting, Columbus, Ohio, Tuffy Latour ebook download

Online.wsj.com

sexta-feira, 2 de março de 2012

James Murdoch stepping down as executive chairman of News International

James Murdoch is stepping down as executive chairman of News International, the United Kingdom publishing unit of News Corp./a>., which also owns The Post.

News International has been at the center of a phone-hacking and bribery scandal in the UK.

News Corp. CEO Rupert Murdoch said in a statement that James Murdoch “will continue to assume a variety of essential corporate leadership mandates,” and he remains deputy chief operating officer of News Corp.

News International, News Corp., James Murdoch, UK.News Corp., Rupert Murdoch, executive chairman, International, News Corp, bribery scandal

Nypost.com

quinta-feira, 1 de março de 2012

All is Wells for Stumpf

Wells Fargo CEO John Stumpf received $700,022 in restricted share rights as part of his 2011 incentive compensation pay. The 22,315 share units are based on the stock’s $31.37 closing price Tuesday.

Wells Fargo, share rights, incentive compensation

Nypost.com