Pearson, the mother of a sixth-grader and an eighth-grader, joined other parents in voicing distrust for the Hart district. They claim Hart promised to keep their children at West Ranch until a high school is built in Castaic – a plan delayed two years until 2010. Castaic students attended Valencia until West Ranch opened three years ago. “I was stunned at how we as a board were treated during this whole process,” board member Steve Sansone said. Taking the heat for the Hart district, board member Dennis King said it was unfortunate that promises were made that couldn’t be kept. Castaic High was expected to open in 2008, and the two-year delay would have resulted in unmanageable overcrowding at West Ranch, Hart officials said. “When we passed the recommendations, that was the best plan, and it was based on being able to open Castaic High School by 2007-08,” King said. “All boundaries are subject to changes in what develops. There’s never any guarantees.” email@example.com CASTAIC – Surveys were sent home Thursday with Castaic Middle School students to determine how many would opt to attend Valencia High over West Ranch High if open enrollment were offered. The plan to poll families came at a morning meeting Thursday when parents and Castaic school officials gathered to air complaints. Their target was the Hart High School District, which voted last week to change boundaries in the fall, sending Castaic students from West Ranch to Valencia to ease overcrowding. The board of the K-8 Castaic Union School District urged parents to drop ideas of suing the Hart district or recalling Hart board members, but it prodded them to remain vigilant and organized in their drive to keep their options open. “I am so disheartened today,” said a tearful Laura Pearson, Castaic school board member. (661) 257-5254160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!
Twitter/@NickJuskewycz There were plenty of interesting possible upsets on the college football slate today, but we didn’t tab Jacksonville State over Auburn as one of them. However, the Gamecocks, who went 10-2 in FCS play last year, are half way to a stunning win at Jordan-Hare Stadium. They lead the Tigers 10-6 at halftime.Auburn and Jacksonville State traded field goals early on, but the Gamecocks’ quarterback Eli Jenkins threw an impressive touchdown pass to Josh Barge to take the lead in the second quarter.Jacksonville State currently leads 6th ranked #Auburn 10-6, late in the second quarter. #JSUvsAUB pic.twitter.com/B50kBpQDXD— CFB Nation (@UofCFB) September 12, 2015There is plenty of time life, but Auburn fans have to be concerned with how the team has come out against what should be an overmatched opponent.
HALIFAX – DHX Media Ltd.’s shares closed up more than 10 per cent Tuesday after it announced a deal with a division of Global Brands Group to boost distribution and sales of its Peanuts brand in China and elsewhere in Asia as the final step of its strategic review.The children’s entertainment company said late Monday it has also suspended its quarterly dividend, cut staff, and streamlined operations as part of the review it started in late 2017 as the company struggled with debt and poor financial results.Halifax-based DHX said the dividend cut will free up $10 million a year while operational changes will save about $11 million a year that it can put towards debt and future content.The news helped send the company’s share price to as high as $1.76 before closing up 14 cents or 10.3 per cent at $1.50 on the Toronto Stock Exchange. The company’s stock plunged by a third to $1.13 in mid-September to a six-year low after a weaker-than-expected preview of its fourth-quarter results.Going forward, the company will focus on its WildBrain business to capitalize on the rising popularity of YouTube for children, and on using its stable of shows and characters to produce premium original content for major streaming services.“We are well-positioned to enter our next stage of growth, focused on what we identified during the strategic review as the two largest opportunities for kids’ and family content,” said executive chairman Michael Donovan in a statement.The five-year agreement with Global Brands Group subsidiary CAA Global Brand Management Group LLP will see the firm work to increase Peanuts’ presence in Asia by extending the brand’s reach across multiple licensing categories.DHX said China and Asia hold the potential for significant growth of the Peanuts brand. The company said it expects a 35 per cent increase in revenues for the brand in the region over the length of the deal.The company sold a 39-per-cent stake in the Peanuts entertainment business to a Sony Corp. division for US$178 million in May, having bought 80 per cent of the business for US$345 million a year earlier.The strategic review also saw the company appoint a new leadership team including a new chief executive, chief financial officer, operating officer and commercial officer, cut its footprint by 3,150 square metres, and bring some Peanuts agency representation in-house.The completion of the strategic review came as DHX reported a loss attributable to shareholders of $14.1 million or 10 cents per share on $434.4 million in revenue for the financial year ended June 30. That compared with a loss of $3.6 million or three cents per share on $298.7 million in revenue for the previous year.Companies in this story: (TSX:DHX)
“Playoff Implications” is a phrase you usually don’t hear until the final weeks of the NFL regular season, but almost every regular season game has playoff implications. In the early going, however, it can be difficult to figure out just what those implications are, and how much is riding on each game.Most other major sports leagues play a greater number of regular season games, and thus the playoff picture in those sports evolves in a more incremental fashion. The pace can seem glacial at times for MLB, and inevitable and foregone when it comes to the NBA. But with just 16 regular season games, the NFL’s playoff landscape can change dramatically over the course of a single Sunday afternoon. And these tectonic shifts take place throughout the season, not just in those final weeks of December.With a week or two left in the season, the “eye test” usually suffices for judging which games will shape the playoff picture. But in mid-October there are far too many possibilities for the unassisted human mind to make sense of. We can only speak in general terms. For example, we know the playoff chances for the New Orleans Saints will improve with a victory this Sunday over the Detroit Lions. But by how much? And how far would they drop with a loss? Expanding our focus, what other teams have a vested interest in the outcome of this game? One would expect Carolina’s playoff chances to improve with a Saints loss, given that the Saints are their division rival. But once again, by how much?To answer these questions, we’ve created a weekly feature that measures the playoff implications of each game. To do this, you need to be able to simulate the remainder of the season multiple times and analyze the results. And in order to simulate the season, you need a way to rank all 32 teams, and use that ranking to create outcome probabilities for future games. We’ve been doing just that with FiveThirtyEight’s Elo rankings. But the Elo ratings, simple and beautiful, aren’t the only word on NFL rankings. For this feature we’re going to turn to the wisdom of the crowd instead, and use a ranking system one of the authors developed based on betting markets. In stock market terms, think of it as technical analysis in lieu of fundamental analysis.We’ll get into the methodology in a moment but first the results. Think of each interactive table below as a playoff implications “cheat sheet” for this week’s upcoming games.1The table is initially sorted by game importance, where we define importance by its cumulative impact on the playoff picture. Where you see blank cells on the table corresponds to games and teams in which there was not a statistically significant difference in playoff odds. (If you hover over a colored square, you’ll see details for that game.)UPDATE (Oct. 17, 12:30 p.m.): The interactive tables above have been updated to include Thursday night’s game, which now shows no playoff implications because its result is included in the playoff chances (the text of the article has not been updated).Reading the table across tells you which teams are affected by any particular game.2Notice that we don’t restrict ourselves to just the two teams competing in each game. As we alluded to above, teams benefit when they win games, but they also benefit when division rivals (and other competitors for playoff seeding) lose games. The Panthers, for example, would see their playoff chances rise by 11 percent with a Saints loss to the Lions. Reading the table down tells you which games matter most to any given team. For example, if you’re a Texans fan, what games should you care about this week, how much should you care about them, and who do you want to win? The column headers are sortable, so clicking on the “HOU” column tells you to care about HOU @ PIT, ATL @ BAL, CIN @ IND, NYJ @ NE, CLE @ JAC, and KC @ SD — in that order. And you want the Texans, Falcons, Bengals, Jets, Jaguars and Chiefs to win.My rankings start from the assumption that the NFL gambling market is efficient, and then attempts to determine how that efficient market ranks each of the 32 NFL teams. Unfortunately, Vegas doesn’t actually share its rankings with the general public, but with a little reverse-engineering, we can arrive at a pretty good guess at what they are. We start with the point spread. For Thursday night’s game, the New England Patriots are a 9.5-point favorite at home against the New York Jets. Since home field advantage is worth about 2.5 points, the market thinks the Patriots are 7 points better than the Jets when playing on a neutral field.Armed with this interpretation, we then take the point spreads from each game and for multiple weeks and run a simple linear regression to arrive at a consensus ranking. The process is akin to drawing a map of the United States but nobody tells you a city’s location. Instead, they only tell you how far away each city is from another city (e.g. Los Angeles is 1,700 miles away from Chicago, Chicago is 165 miles from Indianapolis, and so on). To further complicate matters, our map “moves” over time, making earlier “distance” measurements less reliable. For example, the Steelers opened the season as a 6-point favorite at home against the Browns. If the market were to set that point spread today, Pittsburgh would most likely drop to just a 2.5-point favorite, as the Steelers have fallen short of preseason expectations, and the Browns have exceeded them. So, the ranking methodology gives more weight to recent point spread data in an attempt to get the most up-to-date market evaluation of each team.Now that we have a ranking system that assigns a probability to each future regular season game outcome, the next step is to simulate the season multiple times (50,000 times to be exact). After simulating win/loss records, we apply the NFL playoff seeding rules (plus tiebreakers) and summarize the results. There are already several sites that do these types of simulations for the purpose of producing team playoff odds (including FiveThirtyEight). For this feature, we’re going to go a bit deeper than that.Instead of focusing on each team’s overall playoff odds, let’s instead focus on each game. We’ll use the New Orleans-Detroit game as an example. Of the 50,000 simulation runs, there were precisely 30,180 (or about 60 percent) that resulted in a Lions victory, and 19,820 that resulted in a Saints victory. Let’s now focus on those two samples in isolation. Of the 30,180 simulations in which the Saints lost, they made the playoffs 8,273 times, or 27 percent. Of the 19,820 simulations in which the Saints won, they made the playoffs 9,172 times, or 46 percent. Put simply, the Saints playoff odds could swing by a not-insignificant 19 percent as a result of their game against the Lions. (The games with the most cumulative influence on the overall playoff picture (“leverage”) are listed at left).We can repeat this calculation for every game and every team. The result: A measure of how much every game matters to every team.
After struggling through a portion of its Big Ten schedule, the Ohio State women’s basketball team is starting to turn it around. With an 89-67 win over No. 23 Penn State Thursday, the Buckeyes (16-9, 7-6 Big Ten), have won three straight games and continue to climb the muddled conference standings. OSU coach Jim Foster said, in a postgame press conference, that his team has picked up its defensive intensity over the last three games. “At no point in time was I in doubt that we would finish the season strongly,” he said. “Most people come and they see a two-hour blip. We see a lot of stuff going on behind the scenes that we like.” The game was tied 6-6 with 14:53 left in the first half. After a layup by senior center Jantel Lavender, the Buckeyes took the lead and never relinquished it. The Lady Lions (21-7, 10-4 Big Ten), struggled with turnovers, committing 27. They came into the game averaging 17.3 turnovers per contest. Penn State coach Coquese Washington said the turnovers were “the difference in the game.” “We turned the ball over and they’re able to go down and score in transition,” she said. “Ohio State is just a dangerous team in transition.” The Buckeyes turned the Lady Lions’ turnovers into 30 points on offense and had 10 fast break points. Lavender, who was honored before the game for breaking OSU’s career scoring record Sunday, finished with 23 points and 11 rebounds. Former Buckeye guard Katie Smith (1992-96), who held the all-time scoring mark before Lavender, recorded a video message for Lavender. The video played at Value City Arena before the game. “It was really nice that she took time out to congratulate me,” Lavender said. “She held that record for so long so she’s probably like ‘Oh, that’s awesome.’” Lavender helped a fellow Buckeye break a record of her own. Junior Samantha Prahalis set the OSU career assist record after Lavender converted the guard’s signature behind-the-back pass into a turn-around jumper. Prahalis finished the game with 11 assists. With both the scoring and assist records falling in the same week, Foster said he went “out of character” and reflected on what the records meant to him. “It’s going to be very difficult to recruit someone who can break them,” he said. “But, we’ll try.” With 14:40 remaining in the second half, OSU led by 23 after sophomore guard Tayler Hill hit two consecutive free throws. Lavender said Hill’s defense was key for the team. “Our flow started because of our defensive intensity,” she said. “Tayler really set the tone for us on defense and we all fell into place with that.” The Lady Lions cut the OSU lead to 10 three different times in the second half, but couldn’t get the deficit under double digits. “Coach called a 30-second timeout and just said we had to get stops,” Lavender said. “We just started to calm down on defense.” Ohio State’s next game is Sunday at Purdue (17-9, 7-6 Big Ten). The Buckeyes won their previous meeting, 90-67.
AS Monaco have announced that they have agreed on a deal in principle with Atletico Madrid to sell Thomas Lemar in the summer transfer windowThe France international has been heavily linked with a move away from Stade Louis II for past year and was narrowly close to sealing a late move to Arsenal in the final day of last summer’s transfer window before opting to remain at Monaco.Lemar was expected to be one of Liverpool’s main transfer targets for this summer, but Atletico have now taken the lead in the race for the 22-year-old’s services.The Europa League winners had an initial bid €60m rejected earlier this month, but it appears that they have made a breakthrough in their negotiations with Monaco.“AS Monaco and Atletico Madrid announce that they have found an agreement in principle for the transfer of Thomas Lemar,” read a statement on Monaco’s Twitter account.La Liga Betting: Match-day 4 Stuart Heath – September 14, 2019 Despite it being very early into La Liga season, both Barcelona and Real Madrid have had unprecedented starts to their campaigns. With this in…“The two clubs will continue to work in the coming days in order to find a definitive agreement.”L’AS Monaco et l’@Atleti annoncent avoir trouvé un accord de principe pour le transfert de Thomas Lemar. Les deux clubs vont continuer à travailler dans les prochains jours afin de trouver un accord définitif. pic.twitter.com/rinKA51Nbs— AS Monaco ?? (@AS_Monaco) June 12, 2018
Fleetwood Town have signed Dean Marney on a two-year deal, according to BBC.The former Burnley midfielder has joined Fleetwood Town on a free transfer, putting ink to paper on a two-year deal.The 34-year-old left Turf Moor after spending eight years at the club during which he made 202 appearances.Marney who also played for Tottenham Hotspur and Hull City in his career so far, teams up with former Burnley teammate Joey Barton who’s the current manager of Fleetwood Town.Joe Barton on his management career Obinna Echi – November 16, 2018 Joey Barton officially retired from playing football in the summer but has revealed he’d been planning to enter management for years.Fleetwood Town manager Joey…Marney would have disappointed to leave Burnley as the club are now participating in the UEFA Europa League but with game time few and far-in-between for the 34-year-old, a chance to play for the Cod Army was something he couldn’t turn down.Marney could make his debut for the club in their League One opener against AFC Wimbledon on Saturday.Joey Barton was appointed as manager of Fleetwood Town before the end of last season and will be hoping to lead the Cod Army to a successful League One campaign.
Arsenal manager Unai Emery has urged Aaron Ramsey to focus on his football rather than his prolonged contract drama at the clubThe Wales international has spent over a decade at the Emirates but only has under 12 months left on his current contract.Ramsey was left surprised to be left out of Emery’s starting lineup in last weekend’s defeat to Chelsea.And it is uncertain whether he will start in today’s home game against West Ham United.“I spoke with him last week,” said Emery, according to The Guardian.“I said: ‘I want you focused only on training and only on the match, you show us the capacity to help the team.’“The contract is another thing for his agent and the club but we want and I need his focus only on training, only on the match and on his performance each day.”The Spaniard suggested that Ramsey’s omission against Chelsea was only for tactical reasons.Merson believes Arsenal should sign Sancho Manuel R. Medina – September 14, 2019 Borussia Dortmund winger Jadon Sancho might be the perfect player to play for the Gunners, according to former England international Paul Merson.“Chelsea are different to other teams,” he said.“We have to work very specifically to prepare for them.“Saturday is also a difficult match but we are thinking more we can control the match with our personality.“Against Chelsea and Manchester City we wanted to but there were more times in the 90 minutes that the opposition didn’t let us.”Arsenal are currently suffering their worst start to a league season in 26 years after losing their first two games to Manchester City and Chelsea.“We need to win this match against West Ham. I think it’s very important to show [the supporters] a better performance than in the two first matches,” said Emery.“We are preparing well. I am feeling well when I look at the players in training.”
The collapse in oil prices worldwide over the past few months from $60 (Â£41, â‚¬54) a barrel to as low as $28 a barrel has proved to be very painful for oil-producing nations such as Russia and Saudi Arabia, while in contrast a huge benefit to Western consumers.After all, petrol prices are effectively a tax on the West, with the wealth being transferred to the oil-producing countries in OPEC, plus Russia and Norway.Since the middle of 2014, British drivers have benefited from a 30p a litre drop in petrol prices from 130p to 101p today, on the threshold of dropping under Â£1 a litre for the first time since 2009 (Chart 1).This has been for the strong growth in consumption on both sides of the Atlantic over 2015, as the savings from lower petrol prices have been spent elsewhere.Too much oil, not enough demand?Why have oil prices dropped so precipitously since the middle of 2014? The clear answer is a mismatch of supply and demand of crude oil. While global demand for oil grows relatively steadily over time, the level of oil supply varies much more.In recent years, there has been a massive increase in supply coming from drilling of oil shale formations in the US, leading to the growth in supply of crude oil outstripping demand. And in comes the first law of economics â€“ which dictates that price is determined by supply and demand: so more supply than demand drives prices lower. And that is exactly what has happened (Chart 2).In the past, this would have been corrected by OPEC (the Organization for Petroleum-Exporting Countries). But given that it controls less and less of the worlds oil production (around 38%; Chart 3), it cannot so easily exert the power over the oil price that it has demonstrated in the past.Oil price on the turn?In recent days, however, Russia has signalled it is ready to meet OPEC to discuss a combined production cut in order to boost the oil price.Remember, the oversupply of crude oil relative to demand worldwide is only of the order of one to two million barrels â€“ about 2% of current world oil production â€“ so it would not take that big a coordinated production cut in order to bring oil supply more in balance with demand.On the back of this news, crude oil prices have already rallied from below $30 a barrel to $36 a barrel for Brent crude. If a coordinated production cut is agreed, oil prices could move quite a bit higher still.After all, Brent crude was as high as $60 a barrel earlier in 2015, so there is still potentially a long way to go. The US Energy Information Administration has an average 2016 Brent crude oil forecast of over $40 a barrel, suggesting further upside over the year from current levels.On top of this, US oil production is estimated to have dropped by 600,000 barrels per day already over 2015, and could fall by another 900,000 barrels over 2016 as US oil wells start to see falling rates of production, partly due to the lack of new investment.This natural decline in oil production could also help to bring oil supply and demand back closer to balancing, and thus support oil prices this year.Top oil picks for 2016For an investor who wants to invest in oil stocks to benefit from any lasting rebound in oil prices, there are two ways to go. The first is to invest in a broad diversified fund that takes exposure to a range of European oil companies. For this, I would suggest buying the following exchange-traded fund (ETF): Amundi ETF MSCI Europe Energy UCITS ETF (code: ANRJ).This is an ETF that gives the investor cheap exposure (0.25% annual management charge) to all the large oil and gas companies in Europe, including Total, Royal Dutch Shell, BP and ENI. The current price of a share in this ETF was 169p as of 29 January.The second way is to invest in individual oil companies listed in London â€“ I have listed six (Chart 4).Of these six companies, I would prefer to invest in high-yielding integrated oil companies such as Royal Dutch Shell and Total.Bottom line: While oil companies have taken a beating over the past year, now may be an opportune time for long-term investors to look at this sector again.Edmund Shing is Global Head of Equity Derivative Strategy at BNP Paribas in London. He holds a PhD in Artificial Intelligence.
Darjeeling: The management of Risheehat Tea Estate near Darjeeling town has declared a suspension of work. The suspension of work came on the heels of Himalayan Plantation Labour Union (HPWU – affiliated to the GNLF) stopping the plucking of first flush tea leaves. The HPWU had stopped the plucking of leaves demanding that their arrears be immediately paid. In January 2018, the daily wages of tea garden workers had been increased by Rs 17.50. In the majority of the tea gardens in the Hills, the increment took effect from March 2018. Though a year has passed, the arrears have not been paid in around 60% of the tea gardens in the Hills, claims the union.