TagsTransfersAbout the authorPaul VegasShare the loveHave your say Man Utd to try again for Benfica defender Ruben Diasby Paul Vegas15 days agoSend to a friendShare the loveManchester United are ready to try again for Benfica defender Ruben Dias.United may have to splurge up to £80million to prise the 22-year-old away from the Portuguese capital, says The Sun.They made moves for the Portugal international in the summer but missed out.Now with Benfica set to offer the centre-back improved terms, his release clause will rise dramatically from £60m.Benfica are desperate to keep hold of their star man and are believed to be willing to pay him big money in a new deal.But the lure of Manchester United could prove tough to resist for the player.
Twitter/@andrewflowersEvery week, ESPN’s advanced statistics-based FiveThirtyEight updates its probability rankings for the College Football Playoff, utilizing three different sets of rankings: the selection committee’s most recent Top 25, in-house Elo ratings, and ESPN’s predictive FPI. This week, FiveThirtyEight‘s top three teams match what the selection committee has, but No. 4 is a slight surprise: the Oklahoma Sooners. OU is aided by a No. 1 ranking by FPI, jumping them over teams like Notre Dame and Oklahoma State.For more on how FiveThirtyEight’s system works, read this by the site’s editor, Nate Silver. Here is the probability ranking table:Q: Notre Dame, what’s in your rearview mirror? A: the Big 12 coming for your playoff spot: https://t.co/FtHBJPCoM6 pic.twitter.com/BDsWBFe55N— Andrew Flowers (@andrewflowers) November 18, 2015[FiveThirtyEight]
TORONTO – The Canadian Imperial Bank of Commerce anticipates it will issue half as many new mortgages in the latter part of the year as it did in the same period of 2017 amid cooling in the real estate market.The bank has noticed a slowdown in the housing market in the last few months, likely due to changes to mortgage underwriting guidelines, Christina Kramer, CIBC’s group head of personal and small business banking for Canada, said Wednesday. Those changes include a new stress test for buyers who don’t need mortgage insurance, which has made it harder for some would-be homebuyers to qualify.“When we take a look at the second half, we continue to see that there will be origination decline, probably in around 50 per cent range relative to the same period last year,” Kramer told analysts on a call discussing CIBC’s results for its second quarter, ended April 30.CIBC, the first of Canada’s Big Six banks to report second-quarter results, announced a double-digit profit bump Wednesday, handily beating market expectations despite slowing growth in mortgage lending.Concern has been mounting over the impact of a cooling real estate market on mortgage loans at Canada’s biggest banks, as national housing sales activity reach lows not seen in several years.In April, home sales dropped to a seven-year low for the month that typically kicks off the busy spring real estate season. The Canadian Real Estate Association largely blamed a new stress test for uninsured mortgages that came info effect on Jan. 1. The new stress test requires would-be homebuyers with more than a 20 per cent down payment to prove they can service their mortgage if interest rates rise.CIBC’s said its quarterly profit attributable to common shareholders was $1.29 billion, up from $1.04 billion a year ago on strong results both at home and south of the border after some U.S. acquisitions last year.On an adjusted basis, it earned $1.32 billion, or $2.95 per diluted share for the quarter, up from $1.06 billion, or $2.64 a year earlier. Analysts had expected a profit of $2.81 per share, according to Thomson Reuters Eikon.CIBC’s spot mortgage balance for the second quarter was $203 billion, up 6.8 per cent from a year ago, but flat compared with the first quarter. By comparison, in the second quarter of 2017, CIBC’s spot mortgage balance was up 12.4 per cent from the previous year and up 2.2 per cent from the previous quarter.In the latest quarter, the bank booked $7 billion in uninsured residential mortgage originations, down from $11 billion a year ago.“We’ve actually seen a very soft start with the spring market,” Kramer told analysts. “We don’t know whether that’s a bit of a pause in the market or consumers changing behaviour or waiting to see what happens.”The slowdown in mortgage originations at CIBC was welcomed by analysts, which had been concerned about how quickly the bank’s mortgage book was growing compared to its peers.“CIBC’s domestic residential mortgage growth was essentially flat, potentially relieving a relative overhang on the stock as investors have become increasingly concerned with CM’s relative exposure,” Barclays analyst John Aiken said in a research note.Real estate secured lending accounted for 49 per cent of total net loans across the Big Six Canadian banks during the fiscal first quarter of 2018, according to a recent CIBC World Markets report. CIBC had the highest exposure among its peers, at 62.8 per cent.Kramer said CIBC has become less reliant on real estate lending for revenues.“A year ago, two-thirds of our revenue would be directly related to our mortgage performance and our mortgage business. And today that’s about one-quarter.”In other banking operations, CIBC’s U.S. commercial banking and wealth management arm saw net income in the second quarter jump by 431 per cent year-over-year to $138 million, helped by its acquisition of Chicago-based PrivateBancorp, which closed in June 2017.The lender’s domestic commercial banking and wealth management arm earned $310 million for the quarter, marking a nine per cent increase from the same period a year ago. However, its capital markets arm saw a seven per cent decrease in net income to $249 million compared with one year ago.Despite headwinds in the Canadian real estate market, CIBC’s chief executive Victor Dodig said the bank expects to continue generating strong earnings growth in excess of its five per cent target going forward, if macroeconomic environment conditions remain benign or relatively positive.However, Shannon Stemm, an analyst with Edward Jones based in St. Louis., said while it appears CIBC’s diversification is paying off, questions remain about how it will compensate for lower mortgage revenues.“It could be difficult for them to continue to offset such a big chunk of what’s been driving growth, over the next couple of years.”Companies in this story: (TSX:CM)
FORT ST. JOHN, B.C. – Ministry of Transportation and Infrastructure presented an update at the Peace River Regional District Board meeting about completed work in the Peace region and B.C.Since the last report dated July, projects such as road resurfacing was completed on Jackfish Lake Road, West Fraser road Dawson Creek to Kiskatinaw Bridge Mill & Fill and H29 Bullmoose to Sukunka HIPR as well as providing additional paving to Farrell Creek Road and Patch paving on Braden, Sweetwater, Bessborough Roads.Bridge work that is now complete includes Roseland Culvert Replacement, Scour Remediation, McLean & St John 3 and Brassey Creek Bridge.Community safety enhancements were completed to the Murray River Boat Launch Access, improved 911 Signage, increased reflectivity North Taylor Hill and improvements to the Museum Cross Walk in Ft. Nelson.To date, 2017 road washouts have been fixed with the Ministry now focusing on the Old Fort Road.“Currently, a single lane forestry type road has been put in place of the Old Fort Road, and within a weeks time they seek to upgrade the road to two lanes reducing the curves and increasing sight lines,” said Hali Davenport, Acting District ManagerFor more information on continued work in the region, see the Drivebc.ca website or HERE
Calla says the nice part about this new tool is that it can allow firefighters to locate bodies in high heat, thick smoke, or in dark locations.The camera will also be used for checking the spread of a fire and for finding victims in a vehicle collision. TAYLOR, B.C. – At a District of Taylor Council Meeting on Tuesday, a new thermal imaging camera was donated to the District’s Fire Department.Assistant Branch Manager of Canfor Taylor Pulp, Dwayne McCoy, presented Deputy Fire Chief, Enzo Calla, with a brand new thermal imaging camera.The thermal camera was given by Canfor in appreciation for the dedication that the Fire Department has when it comes to protecting the community.
FORT ST. JOHN, B.C. – The Fort St. John Metis Society is hosting a Jigging & Fiddling Gathering this weekend.Taking place at Peace Island Park, Margaret Fenton, of the Metis Society, says this event will offer a weekend full of traditional Metis culture such as food, crafts, and even jigging lessons.The event will also feature competitions in fiddling and jigging. Entry fees to the contest are $10.00 per person and each competitor will have a chance of winning up to over $1,000.Plus there will be a pancake breakfast in the morning and even a dance on Saturday night.Admission to this event is free, with donations being accepted.Donations will go towards supporting the Fort St. John Metis Society.The Fort St. John Metis Society’s Jigging & Fiddling Gathering is taking place this weekend, July 12 to the 14, at Peace Island Park in Taylor.For more information, you can send an email to email@example.com.
Mumbai: Revenge will be on their mind when Mumbai Indians lock horns with Kings XI Punjab, the hosts looking to stretch their winning run in the Indian Premier League here Wednesday. The previous encounter between the two teams in Mohali had ended in a comprehensive eight-wicket win for Kings XI, but home conditions at the Wankhede Stadium are expected to favour MI. MI enter the match high on confidence following successive victories over holders Chennai Super Kings and last edition’s finalists Sunrisers Hyderabad. Also Read – Puducherry on top after 8-wkt win over Chandigarh Significantly both these victories came mostly because of MI’s all-round bowling strength as the bowlers defended totals successfully. MI are also blessed with splendid batting firepower in the end overs from West Indian Kieron Pollard and Hardik Pandya. Kings XI, who too have been given a shot-in-the-arm by their six-wicket victory Monday night over Sunrisers, need to chip away at the top of the MI batting as well as ensure that the big-striking Pollard and Hardik don’t take away the game like they did when carving 45 runs in the last two overs against CSK to turn the game around. Also Read – Vijender’s next fight on Nov 22, opponent to be announced later MI don’t even have anyone in the top-20 run scorers’ list this season, an indication of the depth in their batting, and have a superior fast bowling attack bolstered by the inclusion of West Indian pacer, Alzarri Joseph, who blew away Sunrisers with his record-breaking haul of 6/12 in Hyderabad in their previous game. The hosts have a formidable pace attack with Jasprit Bumrah and left-arm Jason Behrendorff also there, along with Joseph and Hardik, to utilise the bounce and carry on the Wankhede track. Kings XI, third on the table with eight points, have been top heavy in batting with K L Rahul and Mayank Agarwal leading the way with 200-plus aggregates and the indomitable Gayle too not far behind. In bowling, skipper Ravichandran Ashwin (7 wickets) has done well in five out of six games that the team has played and has got good support from the likes of Sam Curran, Mohammed Shami and Murugan Ashwin. Teams (from): Mumbai Indians: Rohit Sharma(c), Quinton de Kock(wk), Suryakumar Yadav, Yuvraj Singh, Kieron Pollard, Hardik Pandya, Krunal Pandya, Mitchell McClenaghan, Jason Behrendorff, Mayank Markande, Rahul Chahar, Jasprit Bumrah, Alzarri Joseph, Anmolpreet Singh, Siddhesh Lad, Ankul Roy, Evin Lewis, Pankaj Jaiswal, Ben Cutting, Ishan Kishan (wk), Aditya Tare, Rasikh Salam, Barinder Sran, Jayant Yadav. Kings XI Punjab: Lokesh Rahul (wk), Chris Gayle, Mayank Agarwal, Sarfaraz Khan, David Miller, Mandeep Singh, Sam Curran, Ravichandran Ashwin(c), Andrew Tye, Murugan Ashwin, Mohammed Shami, Mujeeb Ur Rehman, Karun Nair, Moises Henriques, Varun Chakravarthi, Harpreet Brar, Simran Singh, Nicholas Pooran (wk), Hardus Viljoen, Ankit Rajpoot, Arshdeep Singh, Darshan Nalkande, Agnivesh Ayachi.
Kolkata: The people of Bandwan in Purulia demanded exemplary punishment of those involved in the murder of a teenage girl whose decomposed body was recovered from the forest recently. A march was held on Saturday afternoon to condemn the killing of 17-year-old Manika Mahato, a student of Dr Amarnath Jha Higher Secondary School. She was studying in Class XII and had scored over 95% marks in Madhyamik Examination. The residents demanded that the CID should probe the incident and also sought the resignation of the Officer-in-Charge of Bandwan police station within seven days. Manika went missing on May 3. Her family members faced many hardships before they could lodge a complaint. Her decomposed body was recovered on May 10. The police are yet to recover her school bag and purse. Locals alleged that initially, the police had refused to take complaint and finally accepted it after prolonged persuasion. They also alleged that Manika might have been tortured before being murdered. They further alleged that a section of the media has been trying to hide the criminals and the owner of the vehicle that had been used.
Senior guard Lenzelle Smith Jr. (32) drives to the basket during a game against Delaware Dec. 18 at the Schottenstein Center. OSU won, 76-64.Credit: Mark Batke / For The LanternAaron Craft. LaQuinton Ross. Amir Williams.These are the names that come to mind first when most people think about the No. 3-ranked Ohio State men’s basketball team (15-0, 2-0).Someone that doesn’t often make the headlines is senior guard Lenzelle Smith Jr.Smith Jr., the team’s lone senior aside from Craft, has been huge for the Buckeyes all season.Currently second on the team in scoring with an average 12.7 points per game, and third on the team in both rebounding and assists with 4.9 and 1.6 respectively, Smith Jr. should be one of the stars of the team.And yet he is less talked about then certain bench players like athletic junior forward Sam Thompson and sophomore guard Amedeo Della Valle.The respect that Smith Jr. garners is not befitting of someone as vital as he is to the Buckeyes’ chances to success. He has scored in double figures in 11 of OSU’s 15 games this year, including a season high 20 in a 65-50 win against Wyoming Nov. 25.But perhaps Smith Jr.’s best performance of the season came when he was at his worst.Against Notre Dame Dec. 21, the Buckeyes were in danger of losing for the first time this season. Trailing by eight points with less than a minute remaining, OSU needed something to change to keep their unbeaten run alive.That change came in the form of Smith Jr.Failing to score up to that point in the game, Smith Jr. was struggling to make an impact. But in the final 50 seconds, he scored nine points and helped the Buckeyes go on a 14-3 run to win the game.Even though the final box score reads only nine points, Smith Jr.’s contribution was the difference in the final stretch.Players like Craft and Ross deserve their recognition, both are fantastic players, but the shadow they cast should not completely hide the work Smith Jr. has been doing for OSU.He is third on the team in minutes, just behind Craft and junior guard Shannon Scott, with an average of 27 a game. He is also third on the team in field goal percentage, behind only the teams two centers, and second in 3-point percentage.Although the season is not yet half over, the Buckeyes will need Smith Jr. to continue his stellar play if they hope to make another deep run in the NCAA tournament.Maybe then the senior guard not named Craft will be recognized by Buckeye fans for everything he has done.
Real Madrid director Emilio Butragueno says Madrid are happy with interim coach Santiago Solari’s performance since being in charge as the club grabbed their fourth consecutive win by beating Celta Vigo on Sunday.Madrid grabbed a 4-2 win at Balaidos, bringing it to four victories with 15 goals since Solari’s tenure while bridging the gap behind Barca to four points in La Liga.“He has done excellently,” Butragueno said on Sunday.”“He arrived in a very particular moment and has achieved very good results, above all today against Celta in a very difficult game. We are very happy with how things have gone.”“We will see,” Solari said, according to AFP.“I usually don’t plan too far ahead but in principle, it’s my day off tomorrow.”“The important thing is to do everything for the good of the team and Real Madrid. Nothing else is important for me.”Mourinho: “Lionel Messi made me a better coach” Andrew Smyth – September 14, 2019 Jose Mourinho believes the experience of going up against Barcelona superstar Lionel Messi at Real Madrid made him a greater coach.“The team showed a lot of personalities to come through all the circumstances of the game.”“Gareth made a massive effort, his ankle was very swollen”“Celta played very aggressively, on the edge of the rules.”On the other hand, Madrid defender Alvaro Odriozola believes Madrid players are behind Solari.“These things are decided by those at the top, we just have to work to get out of the crisis,” Odriozola said.“We’ll go to the death with him, he’s a great coach and of course we want him to continue.”