среда, 14 марта 2012 г.

Man Utd reports record loss despite revenue rise

LONDON (AP) — Manchester United posted an annual net loss of 83.6 million pounds ($132 million) after costs associated with the huge debts racked up by the club's American owners wiped out record revenues.

In the financial results released Friday for the year ending June 30, United reported record revenues of 286.4 million pounds based on the strength of marketing and broadcasting income. The club's operating profit exceeded 100 million pounds for the first time.

But the impact was largely erased by the payments to manage the club's debts, which are around 750 million pounds, and costs related to a controversial bond issue.

"We have a long-term financing structure in …

Granny shocked by police stun gun in bed sues

An 87-year-old grandmother subdued by police with a stun gun while she was lying in bed hooked up to an oxygen machine is suing her Oklahoma hometown.

Attorney Brian Dell said Tuesday that he filed the lawsuit June 21 on behalf of his client, Lona Varner. He did not specify the amount she's seeking from the city of El Reno but said it's at least $75,000.

Varner's grandson called the …

Truck overturns on W.Va. Turnpike, injuring one person

A tractor-trailer loaded down with a shipment of glue overturnedon the West Virginia Turnpike near the Yeager Bridge in Charleston.

The truck stalled traffic Monday night and the accident injured atleast one person.

The tractor-trailer was southbound when the rig overturned andleaked diesel fuel and glue onto the roadway, a …

First group of Palestinian policewomen deployed to direct chaotic West Bank traffic

Palestinian pedestrians gawked at the unusual sight of women directing chaotic Ramallah traffic on Wednesday, the first batch of women to venture into a job traditionally reserved for Palestinian men in the West Bank.

The women, dressed in uniforms of navy blue pants and light blue shirts, directed traffic and ordered people to use white-striped crosswalks in the center of town, an area crammed with honking cars and pedestrians. Many of the women also topped their uniforms with navy blue headscarves, a sign of Muslim modesty.

The women belonged to the first class of Palestinian policewomen who recently complete a European Union-sponsored training program, …

Talks on bank rules zero in on consumer protection

More than a year after Lehman Brothers' collapse set off a financial panic, U.S. Senate negotiators are laboring to seal a deal over a consumer protection dispute holding up broad legislation to establish new rules for Wall Street.

At issue is whether a government consumer watchdog should be free from bank regulators to write rules that govern everything from credit card and overdraft fees to payday loans and mortgages.

While the U.WS. political world has focused on attempts to revive health care legislation, tougher Wall Street regulations could end up being this year's biggest legislative accomplishment. The House passed its version of the bill in …

Beverage trend pours splash with flash

Robert Hansen, a buyer for the Treasure Island food stores, standsbefore the bottled-beverage shelves flooded, if you will, withchoices.

Each time he turns around, he says, it seems another half-dozenentries are on the market. Splashing over the rocks during Chicagosocial hours, plain or with a twist, is the centuries-old beveragethat has whetted the market in the past five years: water.

"I know each time I go to buy there will be more and morewaters," says Hansen. "It can drive you crazy. First it was Perrier.Now it is Perrier with orange, lemon, lime. The rest are makingflavors. It will be like the soft drink industry and the names ofall the imports."

Sipping a glass of mineral or sparkling water in place of acocktail today is considered smart. Americans' attitudes toward dietand exercise, fear of public drinking water and tougher drunkendriving laws have helped create a demand for the 35 imported and 400domestic brands of bottled water on the market today, says WilliamDeal, executive vice president of the International Bottled WaterAssociation in Alexandria, Va.

Everyplace from the corner tavern to Champagne bars such asPops for Champagne, 2934 N. Sheffield, are stacking waters alongsidethe beers on the wall. Mineral waters are being used as mixers or asaperitifs and often cost as much as cocktails.

Recognizing the lure of the industry, such companies asAnheuser-Busch are joining the frey; the brewer recently purchasedCalifornia's Saratoga mineral water. AB Volvo is heavily marketingRamlosa, its popular Swedish water from a 300-year-old spa, in theUnited States using tennis star Bjorn Borg as spokesperson.

On a percentage basis, the bottled-water market shows thebiggest consumption increase of all beverage categories, includingsoft drinks.

According to New York's Beverage Marketing Corp., a marketingconsulting firm, last year 1.2 billion gallons of bottled water - notcounting tonic and seltzer - was sold in the United States, anincrease of 13.5 percent over 1984. Illinois was the fifth largestmarket for mineral water, consuming 37.5 million gallons. Thebiggest growth was in imports; today waters are imported from Italy,France, West Germany, Belgium, Yugoslavia and Switzerland, to namejust a few countries.

By 1990, the market is expected to increase 10.5 percent yearlyin gallon sales; between 1990 and 1995 market growth is expected tolevel off at 7.2 percent a year.

Non-sparkling domestic waters are the largest sellers in theUnited States, at 900 million gallons, with imported sparkling andnon-sparkling selling 30 million gallons yearly.

Ten years ago, the American market for bottled waters wasvirtually a desert. Sales were stagnant, with domestic brandsholding their share. Then in 1976 came something the French callPerrier - an entry that made more than a ripple. It sparked both thedomestic and imported bottled water markets, Americans bought by thecase and new competition flourished.

The sale of domestic waters, including the oldest manufacturedin the United States, Mountain Valley, increased, too. Perrier isstill the top-selling sparkling mineral water in the United Statesand, along with other bottlers, is taking on the soft drink marketwith its expansion into flavored waters.

Water is flooding the American market much like wine did, saysRobert Reider, executive vice president and chief operating officerof Taylor Food Products Inc., which is distributing Ramlosa in theUnited States.

"Perrier helped boost all segments of the industry," saysReider. "After the French entry the term bottled water became a newword in the vocabulary, even though it has been around in the U.S. for 150 years."

At Treasure Island, naturally sparkling Perrier and Evian, astill mineral water from France, are the largest sellers, Hansonsays. Both are the biggest sellers in their categories nationally.

Brand names abound. France's Contrexeville, Vichy, Vittel;West Germay's Apollinaris and Black Forest; Italy's San Pellegrinoand Fiuggi; Yugoslavia's Radenska.

Bottled waters vary in type and content (see accompanyingglossary), and sorting them out can be confusing. Almost all waters naturally contain sodium, althoughPerrier, Canfield and others sell salt-free sparkling waters andseltzers.

Tipping a bottled water during lunch, the cocktail hour or atthe symphony won't be just another fly-by-night trend, say BeverageMarketing executives. The tradition that began in the regal spas ofEurope will hold fast in the United States as the concern over goodhealth continues.

Although it doesn't yet reign, it pours.

вторник, 13 марта 2012 г.

ICC asks guardians of cricket rules to review Pietersen's switch hitting

Kevin Pietersen's innovative switch hitting has brought him under the scope of the guardians of cricket's rules and regulations.

The Marylebone Cricket Club will meet at Lord's on Tuesday to discuss the legality of the improvised shots at the request of the International Cricket Council, MCC media officer Abi Carter said.

Pietersen changed his grip and his stance _ from a right-hander to a left-hander _ while Scott Styris was in his delivery stride and hit two sixes over cover and long-off in England's 114-run win over New Zealand on Sunday at Durham.

The sixes were the highlight of Pietersen's unbeaten 110 in the series-opening limited-overs match, but drew criticism from analysts including West Indies fast bowling great Michael Holding.

Pietersen could not understand the fuss. But those opposed to his switch hitting argue that if a batsman can change his stance without notifying the umpire or fielding team, then a bowler should be allowed dispensations on run ups and for wides.

"The ICC has asked the MCC to look at it and make a recommendation," Carter told The Associated Press, adding that the club's heads of cricket and laws and other officials possibly could make a recommendation within hours of meeting.

Any law changes would require considerably more lengthy consultation between the ICC and the MCC, she said.

Players have been using reverse sweeps for decades, switching stance and rolling the wrists over deliveries to hit behind the wicket, but Pietersen's approach is pioneering. He can bludgeon balls over the boundaries in front of square.

"Reverse sweeps have been part of the game for however long, I am just fortunate that I can hit it a bit further," Pietersen said. "I don't understand (criticism) because everybody wants brand new ideas, new inventions and that's a new shot. Nobody has seen it before."

Pietersen said he played to win and was happy to hone any shot to help that.

"There's new things happening to cricket at the moment and people are criticizing all the time," he said. "There should just be positives about all the stuff that's happening."

The South Africa-born England batsman, one of the highest profile players in limited-overs cricket, said he spent time practicing and visualizing the switch hits and it was an attacking option for him to accelerate the run rate.

New Zealand captain Daniel Vettori was amazed by Pietersen's improvisation, but also could see bowlers having a problem with it.

"It's amazing to see and I think it's really good for the game that batsmen have the skill to do that," Vettori said. "The only thing I would say about it is that if you're going to bat left-handed then I think to even it up for the bowlers you should have both sides of the wide line.

"That would bring your skill into play and the wicketkeeper's skill into play, if a batsman wants to change then it should be fair for both ball and batsmen."

England and New Zealand meet in game two of the five-match series at Birmingham on Wednesday.