Elite complete quarterfinals cast

first_imgThe Aces will be clashing with Rain or Shine on Wednesday with the game carrying a lot of weight for the Elasto Painters who, like the Elite, would want to avoid clashing with the top seed in the quarterfinals.As things stand, Rain or Shine has Alaska and then Blackwater to close out its elimination round schedule. That match happens Saturday with the loser dropping toNo. 8 and having the unenviable task of beating No. 1 two straight times.“We need (to win) to improve our standings,” Blackwater coach Leo Isaac said.FEATURED STORIESSPORTSRedemption is sweet for Ginebra, Scottie ThompsonSPORTSMayweather beats Pacquiao, Canelo for ‘Fighter of the Decade’SPORTSFederer blasts lack of communication on Australian Open smogIn the nightcap, TNT KaTropa outlasted Star, 104-99, to improve to 7-3 and tie idle NLEX in third place.Star and Rain or Shine share 5-4 marks.Isaac’s entire starting unit finished with twin digits in scoring and Dave Marcelo, another new recruit acquired from Barangay Ginebra, came off the bench to scatter 13 for the Elite, who led by as much as 21 points in the third period. It’s too early to present Duterte’s ‘legacy’ – Lacson Don’t miss out on the latest news and information. Sports Related Videospowered by AdSparcRead Next How to help the Taal evacuees Carpio hits red carpet treatment for China Coast Guard PLAY LIST 02:14Carpio hits red carpet treatment for China Coast Guard02:56NCRPO pledges to donate P3.5 million to victims of Taal eruption00:56Heavy rain brings some relief in Australia02:37Calm moments allow Taal folks some respite03:23Negosyo sa Tagaytay City, bagsak sa pag-aalboroto ng Bulkang Taal01:13Christian Standhardinger wins PBA Best Player award LATEST STORIES OSG plea to revoke ABS-CBN franchise ‘a duplicitous move’ – Lacson MOST READ Blackwater import Henry Walker collides with GlobalPort’s Sean Anthony in Sunday’s PBA Governors’ Cup game at Ynares Center in Antipolo. —AUGUST DELA CRUZANTIPOLO—Allein Maliksi had an impressive debut and Henry Walker held Blackwater together yet again as the Elite tripped GlobalPort on Sunday night, hastening the completion of the quarterfinal cast of the PBA Governors’ Cup.Acquired from Star just a few days back, Maliksi scored 22 points and Walker flirted with a triple double as the Elite led early before holding on for a 118-107 decision of the Batang Pier at Ynares Center here that left the rest of the elimination round as games for qualifiers to improve on their current rankings.In rising to 5-5, the Elite not only shut the door on the Batang Pier but also on the idle Alaska Aces, both with 3-7 cards.ADVERTISEMENT Mos Burger to open in Manila; teases with a pop-up End of his agony? SC rules in favor of Espinosa, orders promoter heirs to pay boxing legend Margot Robbie talks about filming ‘Bombshell’s’ disturbing sexual harassment scene DAY6 is for everybody In ‘Jojo Rabbit,’ Comedy and Drama Collide View comments A costly, catty dispute finally settled Melindo retains jr fly title by split decision “We were lucky to withstand that GlobalPort rally,” Isaac said, before paying tribute to Walker for his leadership on the floor. “He was doing everything he can in being a leader for us on the floor.”Blackwater also caught a break in the second period when Terrence Romeo was ejected for throwing the ball at Walker.“That was a big thing for us,” Isaac admitted. “We had our [defensive] radar on Terrence for this game because we know he can really explode. When he was thrown out, he already had 13 points. Imagine what he could have done [to us] if he was able to finish the game.”Murhphey Holloway scored 28 points and had 23 rebounds to lead the Batang Pier.ADVERTISEMENTlast_img read more

Former Countrywide charged with insider trading

first_imgThey then used the information to sell off their shares, to buy put options and, eventually, to short-sell the stock, prosecutors said.160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREGame Center: Chargers at Kansas City Chiefs, Sunday, 10 a.m.His attorney declined to comment. Zhu, of Santa Monica was fired in June. That same month, federal prosecutors disclosed he and two other former Countrywide executives had agreed to plead guilty to criminal charges of insider trading as part of a scheme that generated more than $100,000 in profits. All were vice presidents working in financial planning or portfolio management. Sentencing in the men’s criminal cases was expected in the coming weeks. The SEC filed civil insider trading charges against the other two men – Alan Cao and Jun Shi – last year. Both agreed to pay back gains from their Countrywide stock transactions plus fines. In plea agreements in the criminal case, Zhu, Cao and Shi admitted they got hold of confidential data showing Countrywide would not meet Wall Street analysts’ financial expectations for the third quarter of 2004. A former executive at mortgage lender Countrywide Financial Corp. of Calabasas was charged Monday with insider trading after he sold stock before the company announced negative earning results three years ago, regulators said. The Securities and Exchange Commission filed a civil complaint against Quan Zhu, 43, in Los Angeles federal court. Zhu has agreed to settle the charges, without admitting or denying the allegations, by paying nearly $109,000, officials said. Regulators say Zhu was tipped to nonpublic information about the company’s negative earning results in 2004. In the days before the quarter’s results were made public, he sold short the company’s stock and bought put options, betting that the stock price would fall. The transactions resulted in gains of more than $35,000 once the stock fell with the public announcement, officials said. last_img read more