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jeudi 30 décembre 2010
Girls basketball holiday roundup: Roberts lifts Lincoln over Truman
Simone Roberts made up for lost time.
After missing the first round due to the inclement weather conditions, the sophomore point guard had 16 points to lead Lincoln to a 32-30 win over Truman in the Baseline Holiday Madness Tournament semifinals Wednesday at IS 129 in The Bronx.
Erica Juarbe added seven points for the Railsplitters (4-2), who meet Medgar Evers in the championship game Thursday at 4 p.m. They now boast victories over PSAL ‘AA’ rivals Grand Street Campus, Midwood and Truman (6-6).
Medgar Evers 64, DeWitt Clinton 39: Keyanna Jean Louis had 20 points, Kailyn Richburg had 17 points and Ashley Castle had 13 points, 20 rebounds and 15 assists for Medgar Evers (7-2) in the Baseline Holiday Madness Tournament semifinals. The Cougars, who led 29-2 after one and were missing sophomore forward Shakila Small (personal reasons), will meet Lincoln in the final Thursday at 4 p.m.
An Rong Xu
Lincoln's Erica Juarbe had seven points in the Railsplitters' win over Truman.
BERGTRAUM HOLIDAY CLASSIC
Sachem East (L.I.) 48, McKee/Staten Island Tech 47: Kaitlyn Astel had 17 points, Olivia Iacono had 12 points and Alicea Ulmer added eight for MSIT (9-3), which coughed up a 10-point fourth-quarter lead. With her seventh point of the game, Astel, a junior, earned 1,000 for her career. Meagen Doherty had 16 points, Kathleen Everson had 15 points and Emily Carmel had 12 for Sachem East (3-1), last year’s New York State Federation Class AA finalist.
BRAGGIN RIGHTS CLASSIC
Bolingbrook (Ill.) 66, Nazareth 59: Bianca Cuevas led the Lady Kingsmen with 19 points in a battle of nationally ranked teams in Cincinnati, Ohio. Nazareth (7-2) was able to cut a 48-36 deficit after the three quarters to just four in the final minutes. Bolingbrook is 9-2.
ST. PIUS X CHRISTMAS CLASSIC
Notre Dame Academy 47, Xavier University Prep (La.) 23: Ashley Iannacone scored 13 points and grabbed nine rebounds in the third place game in Atlanta, Ga. The senior forward was named to the all-tournament team for the second straight year. Sam LaForgia had seven points and Nicole Necriosio added six for the Gators (4-3).
St. John Villa 54, Mercy 43: Brittany Sullivan dropped in 17 points and Nicole Francomano had 12 points and five steals for Villa (3-5) in the fifth place game. Danielle Iacampo scored 11 points, grabbed five rebounds and added three steals.
BISHOP FORD CHRISTMAS CLASSIC
Moore Catholic 66, St. Mary's (L.I.) 33: Taylor Baggs scored 14 points and hauled in 10 rebounds and Nicole Arnone had 14 points, six boards and seven steals for Moore Catholic. Jessica Coscia added 12 points as the Mavericks outscored St. Mary's 37-12 in the second half. Maddie Jankowski lead St. Mary's with 18 points, includling four 3-pointers.
DIAMOND STATE CLASSIC
Archbishop Molloy 60, Western (Md.) 40: Kamille Ejerta tallied 15 points and Alexa (Weasel) Detrich had 11 points for Molloy (4-2) in Delaware. Carolyn Gallagher had 10 points and 12 rebounds, Jessie Jamin scored 10 points and Amani Tatum added nine points and six assists. The Stanners play Ursuline at 11:15 p.m. Thursday.
HOLY NAME HOLIDAY CLASSIC
Bishop Maginn 64, St. Francis Prep 55: Meghan Erdman dropped in 15 of her 17 points in the first half for St. Francis Prep (3-5) in Albany. Caitlin O'Doherty added 13 points and nine rebounds off the bench. Jenna Halaby, who fouled out with 4:00 left in the game, scored 11 points and Katherine Hickman added eight.
AMSTERDAM UPSTATE VS. DOWNSTATE CLASSIC
Amsterdam 50, West 50th Street Campus 48: Abbie Etuk had 17 points and Caleitha Berry had 16 points for West 50th Street (7-4), which tied the game on a Josephine Diaz 3-pointer with eight seconds left before Amsterdam won at the buzzer. It was the second straight solid performance upstate for the Seahawks, who are still missing injured star Jade Venson.
“We are going to be better for it come March,” Seahawks coach Kinsley Kwateng said.
NON-LEAGUE
Christ the King 51, East Longmeadow (Mass) 38: Bria Smith scored 16 points for Christ the King (5-3) at home. Lauren Nuss and Sierra Calhoun each added eight points.
mraimondi@nypost.com
jstaszewski@nypost.com
st pius x, sachem east, inclement weather conditions, holiday madness, dewitt clinton, sophomore point guard, xavier university, class aa, meagen, bergtraum, msit, astel, dame academy, state federation, tournament semifinals, place game, three quarters, midwood, cincinnati ohio, richburg
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mercredi 29 décembre 2010
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mardi 28 décembre 2010
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lundi 27 décembre 2010
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At the news stand
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dimanche 26 décembre 2010
Highlandwarriors at the Mount Hagen Festival
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samedi 25 décembre 2010
Estacin do Rossio (Lisboa)
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GE to Sell Mortgage Assets to Santander
Spain's Grupo Santander agreed to purchase a $2 billion mortgage portfolio of Mexican real-estate assets from General Electric Co.'s finance division for $162 million plus the assumption of debt.
The deal, expected to close next year, involves Grupo Financiero Santander Mexico acquiring all of GE's consumer-mortgage business in Mexico, including its $2 billion consumer-mortgage portfolio.
The sale fits with GE Capital's strategy "to exit non-strategic businesses that lack scale to help reduce GE Capital's balance sheet while investing in core industrial" and other businesses said Mark Begor, president and chief executive of GE Capital's restructuring operations.
More
Document: GE announces deal
Santander said the deal will make its Mexican operations "the second leading provider of mortgages" in Mexico, according to Marcos Martinez Gavica, executive vice president of Grupo Financiero Santander. Santander Mexico already has a network of retail branches and the acquisition is aimed to help it grow its mortgage business.
GE Capital, which made a series of bad investment decisions leading up to the financial crisis, has been an active player in Mexico in recent years, dabbling in both commercial and residential real estate, as well as commercial leasing and lending.
One of GE Capital's Mexican initiatives was what it called a "Mexican Dream Mortgage" that hoped to sell Mexican retirement properties to U.S. baby boomers. In 2006, GE saw this as "a multibillion-dollar market" that could bring hundreds of millions to GE Capital, according to Michael Dodge, then a senior vice president of GE Money's WMC Mortgage Corp. division.
As the subprime-housing market began to implode, GE sold off its WMC division and recorded a $1 billion loss. The company has faced ongoing losses in its commercial real-estate and European mortgages divisions during the past two years. The mortgages it is selling to Santander are considered "prime" properties, according to a person familiar with the matter.
Earlier this month, GE Capital executives said it disposed of $14 billion worth of financial stakes and assets in 2010 and plans to dispose of another $17 billion in 2011 as the company aims to shrink its balance sheet. The goal is to expand its industrial business and shrink its financial division, so GE Capital would provide 30% of the company's earnings rather than 50%.
"There's some well-known pieces of GE Capital that will be disposition candidates or run-off candidates," said Jeff Immelt, GE's Chairman and chief executive, at an investor meeting this month.
GE shares are up 19% this year, though have declined 56% since Mr. Immelt took the CEO post in September 2001. Santander shares, meanwhile, have lost 35% of their value during 2010.
Write to Paul Glader at paul.glader@wsj.com and Bob Sechler at bob.sechler@dowjones.com
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