Champions League predictions


Well the first round of Champions League group results were fairly predictable, except for Trabzonspor winning at 2010 champions Inter Milan of course. Here’s my attempt at predicting the scores in this week’s action. If you agree or disagree then please leave a comment below. Don’t worry, registering takes about five seconds. Playing on Tuesday Group A Bayern Munich v Manchester City City obviously pose a big threat but Bayern have been in such good form I can’t see an away win. 1-1 Napoli v Villarreal A good Champions League debut against City for the Naples side last time out but Villarreal’s Giuseppe Rossi will want to make an impact on home soil. Boring I know but another 1-1 Group B CSKA Moscow v Inter Milan Not the ideal game for Inter to bounce back from their shock opening defeat but at least it is not in the middle of the bleak Russian winter. New boss Claudio Ranieri is looking for a second win in two games and might just get it even with Wesley Sneijder out and an artificial pitch to deal with. 0-1 Trabzonspor v Lille Can the Turks continue their great start? I’m not sure they can given the French champions will be seething at dropping two late points against CSKA two weeks ago. 0-2 Group C Manchester United v Basel Injuries galore for United but not even the biggest Basel fan will be expecting victory. 2-0 Otelul Galati v Benfica The Portuguese looked decent against United and should be too strong in Romania despite the unfamiliar surroundings. 1-3 Group D Olympique Lyon v Dinamo Zagreb A home win you would think. 2-0 Real Madrid v Ajax Amsterdam Not everything is going perfectly at the Bernabeu but Ajax were great, they are not now. 3-1 - - Playing on Wednesday Group E Valencia v Chelsea Juan Mata to score on his return to the Mestalla? I actually think it will be 0-0. Bayer Leverkusen v Racing Genk Genk look lively but the Germans will be too strong. 2-0 Group F Arsenal v Olympiakos Piraeus We’ve got to have one shock this week don’t we? It won’t be here. 2-0 Olympique Marseille v Borussia Dortmund Difficult one. Dortmund are nothing like last season’s worldbeaters but neither are the hosts. 1-1 Group G Zenit St Petersburg v Porto 1-1 Shakhtar Donetsk v APOEL Nicosia Goals galore in eastern Ukraine. 3-2 Group H BATE Borisov v Barcelona Here is your shock. BATE are unbeaten in nine European matches, including six in this season’s qualifiers. The holders might not fancy it in the chilly Belarus air. 1-1. AC Milan v Viktoria Plzen Milan have still to convince this term and injuries don’t help. But they should scrape a win. 2-1

@7 months ago with 27 notes
#Champions #League #predictions 

Report links kidney stones and gallstones


Researchers already know that obesity, diabetes and having a generally unhealthy diet put people at risk for both types of stones. But even when those common risks were taken into account, the link remained.The report “raises our antenna to this shared relationship between these two disorders,” said Dr. Brian Matlaga, a urologist at the Johns Hopkins University School of Medicine in Baltimore.”From an anecdotal standpoint, certainly it’s not an uncommon scenario that a patient would have had both,” Matlaga, who wasn’t involved in the new research, told Reuters Health. But, he continued, “I’m a little bit at a loss trying to define what that relationship would be.”That’s because stones in the kidney and gallbladder form differently, he said, and are made of two different things — kidney stones of calcium and gallstones of cholesterol, most of the time.Data for the current analysis came from three different long-term studies of nurses and doctors who completed a health and lifestyle questionnaire, then reported any new medical conditions every two years afterward. In total, more than 240,000 people were followed for between 14 and 24 years.Over that time, there were about 5,100 new kidney stones diagnosed and close to 18,500 new cases of gallstones.Depending on the population — male or female, older or younger — people with a history of gallstones were between 26 and 32 percent more likely to get a kidney stone than people who hadn’t ever had gallstones.And the link also went in the opposite direction. A past history of kidney stones meant study participants were between 17 and 51 percent more likely to report a new gallstone.That was after factoring in the impact of age, diabetes, high blood pressure, weight and certain aspects of diet on the risk of both kinds of stones.Researchers led by Eric Taylor from the Maine Medical Center in Portland said it’s possible that a shift in the type of bacteria in the intestines might somehow predispose people to both kidney stones and gallstones. But, Taylor said, “the fairest thing is that we just don’t know” why the two would be linked.In their report in the Journal of Urology the researchers echoed Matlaga’s call for more detailed research into any explanations for a common cause — which might help doctors prevent or treat both kidney stones and gallstones, they added.”They are really two different kinds of stones, so the relationship is not going to be simple between the two conditions,” Taylor told Reuters Health.Matlaga said that for now, there are steps people can take to reduce their risk of both gallstones and kidney stones, even if they’ve already had one condition.”You’d like to try to minimize those common risk factors and work on things like weight loss and cholesterol control,” he said.Taylor agreed that the findings “emphasize the importance of healthy diet and healthy weight.”

@7 months ago
#Report #links #kidney #stones #and #gallstones 

UPDATE 2-Pangda chairman says accord with Saab now void


* Saab still awaiting vital 70 mln euro bridge loan (Adds background, no comment from Pangda chairman on possible ongoing interest in Saab, Swedish Automobile comment about misunderstanding)By Fang Yan and Ken WillsCHENGDU, Oct 12 (Reuters) - Pangda Automobile Trade Co Ltd , China’s largest listed auto dealer, said on Wednesday that its investment agreement with Saab has become void after the Swedish car maker sought bankruptcy protection.But the Dutch owner of the troubled company later offered conflicting details, saying the 245 million euro ($352 million)deal with Pangda and Zhejiang Youngman Lotus Automobile Co was still valid.Questions about a possible lifeline for Saab, a unit of Swedish Automobile NV , came as the administrator in charge of Saab’s restructuring under court protection was reviewing the plan. Swedish newspaper Svenska Dagbladet reported that it could pull the plug on the process at any time, paving the way for declaring the automaker bankrupt.Speaking to reporters on the sidelines of an industry forum in Chengdu, Pangda chairman Pang Qinghua said, “Now that it’s in bankruptcy protection, all previous pacts are invalid. It’s up to the court to decide. It can also find a new partner”.Pang added that he did not know whether the Chinese side had submitted a proposal to the Chinese government regarding the Saab deal.But in a text message sent to Reuters, Swedish Automobile Chief Executive Victor Muller said simply: “On track with both Pangda and Youngman”.Swedish Automobile later issued a statement, saying that it and Pangda “underline” that questions about the validity of the partnership agreements “are based on a misunderstanding”.The statement did not include further details.On Sept. 30, Swedish Automobile said the Chinese partners were still on track to invest 245 million euros and take stakes in the company. But the company said the terms were still under negotiation because Saab shares had fallen in value since the announcement of the deal.Pang declined to comment when asked if Pangda would be interested in a takeover of Saab assets once bankruptcy protection ended.A spokesperson for Zhejiang Youngman Lotus Automobile Co declined to comment.GOVERNMENT APPROVAL UNCERTAINSaab has struggled for months to stave off collapse, seeking new investors and selling off assets to pay suppliers and employees and resume production at its plant in Sweden.In June, Saab’s owner signed a non-binding memorandum of understanding for Zhejiang Youngman Lotus Automobile Co to take a 29.9 percent stake in the company and Pangda to take a 24 percent stake for a combined 245 million euros.Saab has still not received a vital bridge loan of 70 million euros ($96 million) that was secured by Youngman, money considered key to its short-term survival.The investment hinges on approval from the Chinese and Swedish governments and a green light from the European Investment Bank and Saab shareholder General Motors Co .Asked on Wednesday whether the deal had been submitted to China’s National Development and Reform Commission for approval, Pangda’s chairman said: “Youngman’s Pang Qingnian is the one that is supposed to send the application to the NDRC. As far as I know, he is soliciting opinions among industry experts regarding the deal, they are not done with it yet.”Pangda had already paid 45 million euros to Saab for a separate deal to purchase 2,000 cars but had not received any cars because of a production halt since April.”As for the cash injection (into Saab), I can do that only after the government approves the deal,” Pang said on Wednesday.Asked about the prospects for winning approval, he said: “I think the NDRC supports companies heading overseas, they come in and we go out. I think the government would be quite supportive on that front. When it comes to Saab, I think if it’s in China, the government certainly wouldn’t let it collapse.”Gaining Chinese government clearance could be difficult as Beijing follows a strict and price-sensitive policy when it comes to overseas acquisitions.Failure to gain Beijing’s approval on time torpedoed a deal Saab entered into with Chinese company Hawtai Motor Group in May, while Sichuan Tengzhong Heavy Industrial Machinery’s bid to buy GM’s Hummer in 2010 also fell through.Geely, which bought Volvo in 2010, denied reports last week that it was interested in Saab.BAIC Group, another Chinese automaker, which owns some rights to Saab’s old platforms, had no intention of becoming involved in the restructuring of the 60 year-old Swedish brand, Chairman Xu Heyi said earlier this week.

@7 months ago with 25 notes
#UPDATE #2Pangda #chairman #says #accord #with #Saab #now #void 

ARRIS to pay 76 percent premium for BigBand Networks


“BigBand’s valuable patent portfolio, coupled with their expertise in digital video networking, will enhance ARRIS’ technological leadership as service providers move to an all-IP (Internet Protocol) Converged Network Architecture,” ARRIS said in a statement.ARRIS said it expects the deal, seen completing late this year, to be neutral or to add to profit by mid-2012.Shares of Redwood City, California-based BigBand Networks soared 74 percent to $2.21 in pre-market trade on Tuesday. They closed at $1.27 on Monday on Nasdaq. Shares of Suwanee, Georgia-based ARRIS closed at $11.52, a 10-week high, on Monday on Nasdaq.

@7 months ago with 63 notes
#ARRIS #to #pay #76 #percent #premium #for #BigBand #Networks 

Cisco stops descent, stuck in purgatory for now


By Robert Cyran The author is a Reuters Breakingviews columnist. The opinions expressed are his own. After years of chasing growth – and seeing its stock crumble – Cisco is sensibly focusing on the bottom line. This should buy longstanding Chief Executive John Chambers enough time from investors to retire gracefully in three years. But it probably won’t result in big gains for investors, if rival tech valuations are any guide. For more than a decade, Cisco plowed burgeoning profits from its networking equipment business into lower margin, if faster growing, areas like set-top boxes and consumer electronics. Meanwhile, Cisco’s core markets, such as switches, were under assault. Shareholders failed to see the merits of this tradeoff and became increasingly worried about the durability of Cisco’s profits. That resulted in what Wall Streeters call “multiple compression.” In other words, while this fiscal year’s earnings per share should be about 90 percent higher than they were in 2006, the stock has lost about 30 percent of its value. Cisco now trades at a pedestrian 13 times estimated GAAP earnings. While other big tech firms also saw their multiples fall, Cisco suffered disproportionately. Chambers has now aligned Cisco’s future to meet the expectations of investors. He’s forswearing big acquisitions and focusing on smaller bites like the $99 million purchase of BNI Video announced Thursday, paying dividends and investing more in key businesses. All of this is healthy. But increasing the amount investors are willing to pay for Cisco’s profits, which would put a rocket under the stock, is a tall order. At around $17, Cisco shares trade at a slight premium to IBM’s and a 17 percent discount to Oracle’s, based on estimated earnings. That’s probably about right, because Cisco is more exposed to rampant hardware deflation. A big decline in prices could have a big impact on Cisco’s profit margins. So the company needs to show investors it can grow faster if it wants a better multiple. Unfortunately, as part of its new bout of realistic thinking, Cisco estimates revenue will increase by 5 to 7 percent over the next three years. That’s the same as analysts predict for IBM and Oracle. Of course, the networking market overall is growing at about 8 percent, meaning Cisco may be setting a bar it can easily vault. Or it may have a dour view of the market. The company doesn’t think it will lose market share, but rivals like Juniper Networks and Riverbed Technology, not to mention emergent Chinese powerhouse Huawei, are gunning for Cisco. Cisco’s new, down-to-earth approach to its future is a welcome change. But while it may halt the decade-long descent of its share price, a period in purgatory may still await investors.

@7 months ago with 129 notes
#Cisco #stops #descent #stuck #in #purgatory #for #now 

Sri Lanka bourse at 15-wk low on retail selling


* Rupee steady for 10th session amid heavy importer demandCOLOMBO, Oct 13 (Reuters) - Sri Lanka’s stock market fell to a 15-week low on Thursday in thin volumes on retail selling while most investors stayed on the sidelines due to liquidity concerns, but foreign investors continued buying heavyweight John Keells Holdings .The island nation’s main share index closed 0.28 percent or 18.24 points down at 6,585.99, lowest since June 27. It is Asia’s third-best performer with a year-to-date loss of 0.75 percent after being on the top for most of 2011.Foreign investors bought over 414,000 shares in conglomerate and institutional favourite Keells, bringing the total foreign buying over the last three sessions to 3.5 million shares, bourse data showed. Keells gained 0.5 percent on Thursday.Analysts and traders said a London-based fund has been buying into the conglomerate since Friday.The bourse witnessed a net foreign inflow of 66.1 million rupees on Thursday, extending the total inflow to 650.1 million in the last four sessions. But thus far in 2011, offshore investors have sold 16.7 billion after offloading a record 26.4 billion in 2010.Losers outperformed gainers by 138 to 67 on Thursday, Thomson Reuters data showed.Turnover was at 1.2 billion rupees ($10.9 million), less than last year’s average of 2.4 billion and this year’s 2.6 billion.Thursday’s total volume was 51.2 million, lowest since Sept.23, against a five-day average of 71.7 million. The 30-day and 90-day average trading volumes were 148.7 million and 138 million. Last year’s daily average was 67.9 million.The rupee closed steady at 110.18/20 a dollar for a 10th straight day, as a state bank continued dollar sales at 110.20 rupees in spite of importer demand, dealers said.FACTORS TO WATCH: - If central bank can maintain a narrow dollar trading range - How much the central bank buys in repo auctions - Rupee depreciation due to heavy importer dollar demandDATAColombo Stock Exchange:Stock Market Volume (Shares)Current Volume Average Volume 30 Days51,160,803 148,682,087Yield and Price of Sri Lanka’s sovereign bonds:Maturing year Tenure amount Reuters yield2012 5-yr $500 mln 6.016-5.5122014 5-yr $500 mln 6.503-6.1652020 10-yr $1,000 mln 7.0692-6.91242021 10-yr $1,000 mln 6.5769-6.4355* For Sri Lankan treasury securities benchmarks and data, please click and* For interbank lending rate or call money rate or* For secondary market rates, please see <0#LKBMK=>. ($1 = 110.200 Sri Lanka Rupees)

@7 months ago with 81 notes
#Sri #Lanka #bourse #at #15wk #low #on #retail #selling 

UPDATE 2-99 Cents agrees to $1.6 bln buyout by Ares-led group


* Offer tops earlier bid by Leonard GreenOct 11 (Reuters) - Ares Management LLC and Canada Pension Plan Investment Board agreed to buy 99 Cents Only Stores for about $1.6 billion in cash, topping a rival offer by private equity firm Leonard Green & Partners.Ares Management is teaming up with the members of the Schiffer/Gold family, who are the biggest shareholders in the company, to offer $22 a share for the retailer, compared with Leonard Green’s $19.09 bid.The latest offer represents a 32 percent premium to the stock’s trading levels prior to Leonard Green’s offer, which was made in March.In March, the Schiffer/Gold family said it was joining hands with Leonard Green to offer $1.34 billion to take the discount chain private, an offer some analysts said was too low.There have been media reports of possible interest by private equity firm Apollo Management as well, but the New York Post reported last week that Apollo dropped out of the race for the dollar chain.Last week, a source told Reuters that 99 Cents received a takeover offer from Ares Capital.Eric Schiffer will continue as its Chief Executive and Jeff Gold as its President and operation head after the deal, the company said in a statement on Tuesday.The Schiffer/Gold family will continue to hold a significant minority stake in the company.

@7 months ago with 93 notes
#UPDATE #299 #Cents #agrees #to #$16 #bln #buyout #by #Aresled #group