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September 20, 2020 | |Post a Comment

first_img Willie Mullins’ charge has shown most of his best form over two miles, however, and tackles the two-mile-six-furlong trip for the first time. Usuel Smurfer may strip fitter after his return in Galway and will appreciate the good ground on offer. Bishops Road looks the likely front-runner in the race and is capable of making a bold show on the pick on his chase form. The Richard Power Private Client Betting Handicap Hurdle has attracted a good-quality field, with Beckwith Star aiming to complete a hat-trick in the 17,500 euro contest. The Henry de Bromhead-trained gelding was a game winner at Galway, following on from another narrow success over fences at Wexford previously. He still enjoys a mark 7lb lower over timber, despite a 7lb rise for his victory at Ballybrit. Patsio claimed a handicap hurdle at the May meeting in the south-east and was far from disgraced in a hot novice hurdle at Galway. He looks on a competitive mark returning to handicap company now. Coldstonesober has already been in action at the Festival, finishing fourth over fences on Thursday night. The nine-year-old takes his racing well and is sure to produce another big run for connections. Collen Beag, who won her maiden here in May, was due to try handicap company for the first time on Friday night, while the consistent Swantykay, a winner here last year, reverts to hurdles having unseated over the larger obstacles last time. There is also a good conditions chase on the card with a few smart performers lining up for the Comeragh Veterinary Kilmacthomas Chase. Upazo sets the standard off a mark of 137 and looks well treated by conditions as he gets weight from a couple of likely rivals. Five former course-and-distance winners do battle in the final-day feature at Tramore on Sunday. Press Associationlast_img read more

May 31, 2020 | |Post a Comment

first_imgNew OrleansThe Southland Conference Tournament runners-up, the Privateers will stay home to host Texas Southern in the first round of the CollegeInsider.com Tournament at 7 p.m. Wednesday. It marks New Orleans’ third-straight trip to the postseason after an NCAA Tournament appearance in 2017 and playing in the College Basketball Invitational in 2018. FRISCO, Texas – Southland Conference tournament champion Abilene Christian headlines a trio of teams competing in the postseason this week when the Wildcats battle the Wildcats of Kentucky in the NCAA Men’s Basketball Tournament on Thursday at 6:10 p.m. CT on CBS in Jacksonville, Fla. With a 77-60 win over New Orleans, ACU won the league’s automatic bid to the Big Dance and earned the No. 15 seed in the Midwest Region. Sam Houston StateThe Bearkats earned an automatic bid to the National Invitation Tournament after claiming the Southland’s regular-season title and earning the No. 1 seed in the conference tournament. Sam Houston State will head to Fort Worth as a No. 8 seed to face No. 1 TCU at 8 p.m. Wednesday on ESPNU.last_img read more

January 11, 2020 | |Post a Comment

first_imgNEW YORK (AP) – Rupert Murdoch’s News Corp. offered to buy Dow Jones & Co. for $5 billion, but the deal, which would add The Wall Street Journal to Murdoch’s global media empire, faces doubtful prospects since Dow Jones’ controlling shareholders said Tuesday they would vote against it. Clinching ownership of The Wall Street Journal would mark a huge coup for the 76-year old media mogul, landing Murdoch the most authoritative voice in the world of business journalism as well as key know-how and personnel as News Corp. gears up to launch a business-oriented cable news channel to rival CNBC, which first broke news of the proposal earlier Tuesday. The offer of $60 per share represents a huge premium of about 65 percent over Dow Jones’ closing share price on Monday. However, Dow Jones said late Tuesday that the Bancroft family, the company’s controlling shareholders, said they would vote shares representing just over 50 percent of the company’s voting power against the deal. That leaves Murdoch with the option of making a sweeter offer, or it could open the door to other potential bidders. When informed of the Bancrofts’ opposition to his proposal during a live interview with Neil Cavuto on Fox News Channel, which is owned by News Corp., Murdoch said he hoped they would think about the offer, and that his company would be “great guardians” of the storied newspaper. “There’s plenty of time,” Murdoch said. The union representing Dow Jones employees, the Independent Association of Publishers’ Employees, was harshly critical of the prospect of being owned by Murdoch and issued a statement saying that the bid was opposed by the staff “from top to bottom.” “Mr. Murdoch has shown a willingness to crush quality and independence, and there is no reason to think he would handle Dow Jones or the Journal any differently,” the union said. “Despite our differences of opinion with current management, we strongly encourage the Bancrofts to continue to stand up for the institution’s independence, and to walk away from this offer.” Dow Jones’ shares shot up $19.87, or 54.7 percent, to close at $56.20 in very heavy volume on the New York Stock Exchange after reaching as high as $58.47. They had traded in a 52-week range of $32.16 to $40.08 before Tuesday’s news. News Corp. shares fell $1.01, or 4.2 percent, to $22.99. Like several other newspaper owners, Dow Jones is controlled by a family through a special class of stock. But unlike the Grahams at The Washington Post Co. or the Sulzbergers at the New York Times Co., the Bancrofts do not have an active hand in running the company. The company raised the ire of shareholder advocates two years ago by making changes to its rules that would allow the Bancroft family to maintain voting control even if they liquidate part of their holdings. According to Dow Jones’ most recent proxy statement, the family owns 24.7 of the economic interest in the company and controls 64.2 percent of the shareholder vote. News Corp.’s main businesses are now in television and entertainment – including the Fox News Channel, the Fox broadcast network and the Twentieth Century Fox movie studio – but Murdoch, who is now 76, got his start in newspapers and still owns many of them in England and Australia, in addition to the New York Post. Murdoch has long been know to have an interest in owning Dow Jones, although he said in a public interview in February that he had been “cooling” on the idea and doubted that the Bancroft family would sell. However, he also said at the time that the Journal had a “wonderful brand” and could be doing more to go up against The New York Times. In his interview Tuesday on Fox News Channel, Murdoch said he thought the Journal would be better off as part of a larger media company and could do more to increase its circulation and presence online. Murdoch made a name for himself as a tough competitor in the newspaper world and recently ramped up the circulation of the gossip-heavy New York Post with a 25-cent cover price. The Post, which has lost tens of millions of dollars a year, raised its price to 50 cents Monday. Like other newspaper publishers, Dow Jones’ shares have been beaten down over the past few years amid sluggish advertising and rapidly changing media consumption habits as more readers and advertising dollars move to the Internet. The offer from Murdoch comes during an unprecedented level of acquisition activity in the industry. Earlier this month, Tribune Co. agreed to go private in an $8 billion deal led by real estate investor Sam Zell, and last year, McClatchy Co. acquired what was then the second-largest newspaper publisher in the country, Knight Ridder Inc., following a shareholder revolt. At the same time, the New York Times Co. is facing investor unrest over its own sluggish financial performance. Last week, shareholders withheld 42 percent of their votes for directors, a public rebuke to the Sulzberger family, which controls the company. In addition to The Wall Street Journal, Dow Jones also publishes Dow Jones Newswires, Barron’s, several leading market indicators including the Dow Jones industrial average and a group of community newspapers. News Corp. also owns the popular social networking site MySpace and satellite broadcasters in Europe and Asia. AP Business Writer Jeremy Herron contributed to this report. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!last_img read more