MUMBAI, India (CMC): Chris Gayle says it was a remark from close teammate, Sulieman Benn, before the start of the West Indies innings, that inspired his scintillating hundred against England on Wednesday. “I was focused and I was a little bit pumped as well. Just before I went out to bat, Sulieman Benn said to me ‘Chris you’ve got to entertain me’,” Gayle said. “Sometimes when someone says such things like that, it kind of actually gives you a bit of buzz as well so Sulieman gave me that spark. I said ‘I’m going to entertain my teammate’. He’s my drinking partner as well so we’re going to have few beers … it’s good to get off on a winning note.” The left-handed Gayle was superb, smashing five fours and 11 massive sixes as he stormed to exactly 100 not out, in the Windies opening game of the Twenty20 World Cup. He needed just 47 balls to reach his landmark, to record the third fastest hundred in T20 Internationals. He put on 55 for the second wicket with Marlon Samuels, who hit a cameo 37, added a further 46 for the third wicket with Denesh Ramdin (12), before combining in a match-winning unbroken fifth wicket stand of 70 off 35 balls with Andre Russell, who finished with a run-a-ball 16 not out. “The preparation has been really, really good. There (were) a lot of throw downs with (coach) Stuart Williams and it has helped a lot,” the 36-year-old said. “It’s all about practicing your skills and then you can exploit them out there in the middle. It worked for me today, it’s a good wicket to bat on and we were chasing a decent total on that sort of wicket, but the dew played a part as well so it was good to get set and take it from there.” On 15 from 12 balls when Samuels fell, Gayle then opened up, racing to his half-century off another 15 balls and then using another 20 deliveries to get to three figures. Gayle said Samuels’s cameo had paved the way for him to play freely. “After facing (my first) over, it actually took a while to get back on strike, but I didn’t lose my composure,” Gayle recalled. “He (Samuels) was getting the boundaries as well so that was actually pretty good because then that kind of eased the pressure a bit and actually gave me a chance to pace my innings and then work out which bowler I was going to take down … and keep ahead of the run rate or keep within the run rate. “It was a fantastic innings and I am really happy to finish the game and not leave it for anyone.” Preparation
Judy Ann’s 1st project for 2020 is giving her a ‘stomachache’ MOST READ DepEd’s Taal challenge: 30K students displaced Sports Related Videospowered by AdSparcRead Next Gov’t in no rush to rescue animals in Taal 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 “Because the awareness raised by people like you, Cebu City will be building a skate park in the SRP (South Reclamation Project). My sister is personally donating 5M to your cause. As the expert, your input is of course welcome on the park’s design,” Osmeña wrote.Didal not only made Asiad history as one of its first skaters to ever win gold, she also stands to receive a P6-million bonanza for her efforts, which she said will be used to take her family out of poverty.“I think we will start a family business,” Didal continued in Filipino. “We need to do that because I won’t be able to skate for the rest of my life.”Didal’s handlers are lining up tough international events for her to take part in and earn those needed points for the Olympics.ADVERTISEMENT As Gin Kings open title defense, teams begin hunt for their Govs’ Cup crown ‘High crimes and misdemeanors’: Trump impeachment trial begins Gretchen Barretto’s daughter Dominique graduates magna cum laude from California college Will you be the first P16 Billion Powerball jackpot winner from the Philippines? Gold medallist Margielyn Didal of the Philippines gestures during the victory ceremony for the women’s skateboard street event during the 2018 Asian Games in Palembang on August 29, 2018. AFP PHOTO / Mohd RASFANJAKARTA—There is a skate park being built in Cebu City, a product of an open letter from a netizen who wrote the local government to support skateboarder Margielyn Didal, who had won in a tournament in London.Didal will have an urgent use to practice on the park now.ADVERTISEMENT A day removed from her newfound fame and riches, Didal continues to dream, and she’s going to take the country along for the ride and quench for the Filipinos a thirst that has been there for ages.“I want to earn qualifying points to go to the Olympics [in Toyko in 2020],” Didal, the fourth Philippine gold medalist in the 18th Asian Games, said on Friday after planing back to the Athletes Village from Palembang province to delay what was supposed to be a trip back home on Thursday so she can be the country’s flag-bearer in the closing ceremonies.FEATURED STORIESSPORTSGinebra beats Meralco again to capture PBA Governors’ Cup titleSPORTSJapeth Aguilar wins 1st PBA Finals MVP award for GinebraSPORTSTim Cone still willing to coach Gilas but admits decision won’t be ‘simple yes or no’Skateboard will also make its Summer Games debut in Japan two years from now, and with the 19-year-old Didal at the peak of her prowess, she aims to win a medal—if not the Philippines’ first gold in the Olympics.Cebu City Mayor Tomas Osmeña posted on his Facebook page that Didal will have a say on the park’s design, and the 19-year-old sensation could shape it to fit her preparations for Tokyo. Don’t miss out on the latest news and information. Peza offers relief to ecozone firms Palace OKs total deployment ban on Kuwait OFWs Lights inside SMX hall flicker as Duterte rants vs Ayala, Pangilinan anew LATEST STORIES View comments
– Advertisement – Rep. Barway; “…besides the chemically fertilizer exposure, the GVL is in bad labor practices and has since resulted to masses wrongful dismissals, and a death of the excavator driver, popularly known as ‘Albert.” — Rep. Barway Complains to House of Representatives, and to Summon GVL CEOAt least 10 female workers of Golden Veroleum Liberia (GVL) in Grand Kru County have suffered ‘miscarriages’ because of chemical exposure amid GVL’s failure to provide the necessary Personal Protection Equipment (PPE), Grand Kru County District #1 Representative Nathaniel Barway, Sr., has complained to the Plenary of the House of Representatives.Rep. Barway said the victims are from Garraway, Weadebo and Trembo Sections.A medical doctor, assigned at John F. Kennedy Hospital, who requested not to be named, told the Daily Observer yesterday via mobile, that there are obvious surgical abortion methods and medical abortion methods, but not many have heard of chemical abortion.“A chemical abortion is nothing more than a non-surgical abortion method wherein the pregnancy is terminated by introducing medication or chemicals or because of chemical exposure into the system that prevent the pregnancy from progressing,” the medical doctor said.Rep. Barway, who is also the House’s co-chairman on Internal Affairs, stressed that besides the chemical fertilizer exposure, the GVL is in bad labor practices and has since resulted to mass wrongful dismissals, and a death of an excavator driver, popularly known as ‘Albert.’According to sources, Albert happens to be a relative of Rep. Barway.In his communication, which was read on Thursday, March 7, the 17th day sitting, Rep. Barway urged Speaker Bhofal Chambers and his colleagues to summon the General Manager of GVL, to answer why he should not be held responsible for the unfair labor treatment of employees of his company, as well as for the contradictions of the Memorandum of Understanding (MOU) signed between the communities in Grand Kru County District #1 and GVL.Unfair Labor Treatments“Here are few counts as examples of the unfair labor practices against its employees: Daniel Cooper, a truck driver for GVL who was transporting oil palm from Grand Kru to their factory in Sinoe got in an accident. As per traffic regulation of Liberia, when an accident occurs, a traffic officer/LNP has to be informed and invited to investigate the issue but this was not done at all, and the driver was dismissed without any compensation when the truck was not damaged and is in use up to present. Another employee, Emmanuel Sackor, whose brother was caught stealing palm at night and was taken to court and found guilty but GVL management transferred the crime to Emmanuel Sackor who was not part of the theft. Yet he was dismissed by GVL,” Rep. Barway said.He added: “Another employee, Peter Wesseh, a security officer of GVL and tractor operator, were asked to transport few mattresses from Grand Kru to Sinoe highway when GVL was carrying on road maintenance between Grand Kru and Sinoe Counties. While taking mattresses back to GVL’s office in Grand Kru after the road maintenance work, two of the mattresses dropped unknown to them (the transporters) and they could not locate them. The management of GVL asked the two employees to pay for the mattresses with immediate effect, but Peter Wesseh did not have cash (money) on hand to pay and for that he was dismissed by GVL, but the tractor driver who had money to pay, is still working.”‘Contradictions’ in MOUThe Grand Kru County lawmaker further said according to the MOU between employees/citizens in District #1, Grand Kru County and GVL, employment for community citizens is done with the ratio of 6 hectares to one employment. This means that when any employee who is employed under such arrangement is not able to continue the work, he/she should be replaced by any other person recommended by the community, but GVL disagrees to such replacement.“GVL agrees according to appendix B-1 to issue 50lb bag of clean rice to each employee as motivation per month. But unfortunately, outside of the MOU, GVL again has attached an unfair condition (an employee must work up to 23 working days before qualifying or rice. This condition is not in line with the fair labor practice of Liberia. We tried to plead for at least 18 working days, but GVL failed to do so,” Rep. Barway wrote.“According to Appendix C-5, GVL agrees to build and improve roads and bridges. The communities and employees have been pleading for concrete bridges, but GVL fails to listen.”Joint Committee InvestigationFollowing the reading of the communication and illustration from Rep. Barway, The House of Representatives Thursday resolved to mandate a Joint Committee on Judiciary, Internal Affairs and Labor to commence investigation into allegations of the ‘Chemical Miscarriages’ and ‘Bad Labor Practices’ and report within two weeks.The decision was based upon a motion proffered by Lofa County District #1 Representative Francis S. Nyumalin, Sr.In a rather brief response, GVL said it is “greatly disturbed by the allegations” made by Representative Barway. “The company operates in compliance with Liberian laws and for the safety of our employees and the communities within which we are based. The company refutes the allegations and will be preparing a full response to the claims made,” a statement submitted by Randall P. Kaybee, corporate communications coordinator, said.Share this:Click to share on Twitter (Opens in new window)Click to share on Facebook (Opens in new window)
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“The chances of them playing on Sunday are 50-50. They have only been training lightly over the past two days but I will look at them by Saturday morning and see whether they will be okay enough to play. But I will not risk them if it proves they are not 100 percent,” Nyangweso told Capital Sports.Waweru’s contribution for the Kenyan Premier League leaders has been immense as the former Kakamega Homeboyz and Muhoroni Youth player has been directly involved in 11 of Ulinzi’s 24 goals this season, scoring three and assisting eight.On his part, Muloma has been impressive in midfield as well especially in break up play and ball distribution and it will be an immense miss if he is unavailable for the clash against Nzoia.Nyangweso has admitted there is pressure for the team to maintain their status at the top of the log, but reckons he has an experienced side which can take in the pressure and play with ease.Ulinzi Stars midfielder Daniel Waweru (right) against Nakumatt FC. Photo/TIMOTHY OLOBULU“For us, that pressure is good because it will keep us on toes and ensure we do well. At this moment, our focus is on how we approach and play our games. We can’t really focus on the other teams. If we win our matches, we keep our position,” the tactician offered.Ulinzi are on top of the table with 29 points, same as second placed Posta Rangers who have a weaker goal difference while record 15-time champions Gor Mahia sit third a point below but have a match at hand.The soldiers should expect a tough tie from Nzoia who return to the stomping ground in which they made a resounding entrance into the Kenyan top flight.In their first match after earning promotion at the Afraha Stadium, Bernard Mwalala’s men thwacked defending champions Tusker FC 5-2 and Nyangweso knows it will not be an easy tie.“Nzoia is a good team with speedy players and we need to be at full concentration for the entire game. We are taking the game seriously and hopefully we get maximum points. We are getting into a tricky end of the season where every point counts,” the tactician further said.However, the Bungoma-based side has not had such a smooth sail over the past four matches, losing twice and drawing a similar number and dropping to 12th in the Kenyan Premier League standings.0Shares0000(Visited 1 times, 1 visits today) 0Shares0000Ulinzi Stars head coach Benjamin Nyangweso feeds his team with tactical information at half time during their Kenyan Premier League match against Nakumatt FC at the Ruaraka COmplex on July 15, 2017. PHOTO/Timothy OlobuluNAIROBI, Kenya, Jul 28- Ulinzi Stars head coach Benjamin Nyangweso is hoping midfielders Churchill Muloma and Daniel Waweru will pass a late fitness test ahead of their back-to-back Kenyan Premier League matches against Nzoia Sugar on Sunday and Wednesday respectively.The two players, who have been significant figures for the military side throughout this season, picked up injuries in training this week with Muloma nursing a knock on his hip while Waweru has a thigh strain.
There are a lot of unhappy people in sport at the moment.Chelsea are underperforming, England are out of the Rugby World Cup and Newcastle and Sunderland are yet to record a win in the Premier League this season.Lost and dejected, sport’s biggest stars have turned to talkSPORT’s resident agony aunt Piers Morgan for some sympathy and advice (and don’t get any).Here are a few of Piers’ nuggets of wisdom:Gareth Bale on not being liked by Cristiano Ronaldo:“Look Gareth, you’re from Tottenham – a sea of mediocrity – so you should be used to playing second best. You should be good at playing second fiddle and be used to people just around the corner to you, geographically, who are 10 times better.”Steve McClaren on a tough start to his new job:“Steve, even your brolly couldn’t prepare you for the bitter storm of Newcastle right now – which is an appallingly run club at the moment. I feel incredibly sorry for the fans who deserve so much more.”Jose Mourinho on his troublesome season:“Jose, you are a specialist, a specialist in failure, a specialist in relegation zones, a specialist in – potentially – the Championship next season. I wish I could say I feel sorry for you but I don’t because you are an arrogant, cocky, sneering, Portuguese SOB (which I believe is the preferred term for your medical staff.”Stuart Lancaster on England’s failures:“Stuart, you are a lovely bloke but unfortunately rugby is a barbaric game and you need barbarians to win big tournaments. You’re just too nice.”
“We’ve chronicled just how much of an economic impact this industry has, not just on the city and the county but on the state,” the mayor said. “It is without question a job creator in this state and we’ve got to do as much as we can to keep those jobs here.” Steve Caplan, executive vice president of the Association of Independent Commercial Producers, said these steps can make a significant difference. “For the nuts and bolts of production, making sure we get permits in a timely way, that we’re able to shoot in certain communities and that we are able to work with the neighborhoods is hugely important because if we don’t have that, we’re not filming here,” Caplan said. But most agree that what would be more crucial to stemming runaway production would be the passage of AB 777, proposed legislation that would be the first state tax incentive program for the film industry. The bill, which stalled in the Legislature last year, proposes credits of 12 percent of a film or television project’s budget, up to $3 million per project or TV episode. To qualify, at least 75 percent of the project must be shot in California. Similar incentives have led to significant gains in activity in New York in particular but many other states are upping the incentives ante as well. “It’s precisely what … has given us the belief and the understanding that California needs to step up as well,” Villaraigosa said. “You look at New Mexico, you look at North Carolina, you look at Louisiana, a number of these states are very aggressive at providing incentives for film production and entertainment industry jobs and we have to do the same thing.” The lukewarm reception in Sacramento has been attributed by many as reaction to a general feeling among legislators that the entertainment business is a rich industry that shouldn’t need any handouts. But Steve Dayan, former chairman of the FilmL.A. board of directors and a member of Teamsters Local 399, said that perception is inaccurate and unfair. “You could be out of work for months,” said Dayan, whose union members include studio drivers, location managers and casting directors. “We’re like gypsies, we go from show to show to show. One of my drivers, for example, could be working at Warner Bros. today, Fox tomorrow, Disney the next day. They are daily employees literally, working for a day at a time. A lot of people think that people that work in the film industry are wealthy. I can tell you for a fact that some of my members are making $35,000 to $40,000.” Dayan said every time a producer drafts a budget, the tax breaks and other incentives from competing states and countries is often what makes the difference in where they decide to film and that each decision is costly for the work force. “A major motion picture with a $100 million budget, that’s employing hundreds if not thousands of people,” he said. “Those kinds of jobs are good middle-class jobs with pension and health benefits. We should be trying to retain those and we should try to find ways to target those incentives so that they reach the proper genres of film, movies of the week, commercial production and features as well.” Greg Hernandez, (818) 713-3758 email@example.com!dtpost 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set! What a difference a new name makes. At least the folks at FilmL.A. Inc. hope so. The nonprofit company responsible for issuing on-location film permits, which shed the scandal-tinged name Entertainment Industry Development Corp., held a splashy grand opening this week to tout its new name, new leadership and new home at downtown’s Los Angeles Center Studios. The makeover occurs as the Los Angeles region faces more competition for film and television production than ever before from other states and such film-friendly countries as Canada, New Zealand and Australia. “We can no longer think that these jobs are just going to stay here because this is Hollywood and we have the greatest climate and so many of the industry professionals work and live here,” Mayor Antonio Villaraigosa said at the FilmL.A. reception Wednesday night. “We’ve got to be aggressive at trying to keep them here.” AD Quality Auto 360p 720p 1080p Top articles1/5READ MORECasino Insider: Here’s a look at San Manuel’s new high limit rooms, Asian restaurant It seems that FilmL.A. will now be able to focus on just that. The old EIDC became embroiled in controversy after its former president, Cody Cluff, was put on three years’ probation in 2004 in connection with embezzling public funds. Steve MacDonald, named president after the scandal, is stressing a commitment to using various tools to prevent further erosion of the second-largest employment sector in Los Angeles County, one that generates 250,000 direct jobs and more than $30 billion a year in revenue for the local economy. MacDonald said FilmL.A., which moved from an office building in Hollywood in December, is now closer to the city’s busiest production locations and has implemented a new system to help streamline the permit process. “We’ve completely revamped our notification system to help the needs and concerns of the neighborhoods that host on-location production and we will continue to improve our processes and services for the industry,” MacDonald said. Villaraigosa said he is proposing that the city eliminate fees for filming on all city property and reducing the business tax for some entertainment-related businesses. He is also exploring the idea of an entertainment incentive zone where the city can make it easier to film and provide incentives in some parts of Los Angeles.
Sam Allardyce has admitted he found it hard to enjoy England’s run to the World Cup semi-finals in the summer after his acrimonious dismissal from his role as coach in 2016.The former England manager was speaking to sports broadcaster and psychotherapist Gary Bloom on the latest episode of talkSPORT’s ‘On the Sporting Couch’ – the second series begins on Sunday November 4 at 8pm. shining The 64-year-old had to leave the job after just 67 days and one match – a 1-0 win over Slovakia – when the Daily Telegraph published the results of an undercover investigation.His successor, Gareth Southgate, has been an inspired replacement, leading England to the last four of the World Cup in Russia, while he recently guided the Three Lions to a victory over Spain.And Allardyce revealed it’s been tough to watch on knowing he could have done something similar. Every time Ally McCoist lost it on air in 2019, including funny XI reactions REPLY MONEY Which teams do the best on Boxing Day in the Premier League era? Top nine Premier League free transfers of the decade no dice REVEALED REVEALED Forbes list reveals how much Mayweather, Ronaldo and Messi earned this decade RANKED ADVICE Ronaldo warned Lukaku how hard scoring goals in Serie A would be before Inter move huge blow Where Ancelotti ranks with every Premier League boss for trophies won Berahino hits back at b******t Johnson criticism – ‘I was in a dark place at Stoke’ 2 Southgate captured the imagination of a nation in Russia Oxlade-Chamberlain suffers another setback as Klopp confirms serious injury 2 Latest Football News “It took me a long time to be able to watch England after what had happened with the Telegraph,” he told Gary Bloom on talkSPORT.“I couldn’t watch the games at the beginning and I didn’t enjoy the World Cup as much as I had done in the past.“It could have been me.“That wouldn’t have been my team, I don’t know whether I would have been as brave as Gareth was when he picked that side… Former England manager Sam Allardyce. BEST OF Premier League Team of the Season so far, including Liverpool and Leicester stars Son ban confirmed as Tottenham fail with appeal to overturn red card “But I think they’re on a great road now.“It could have been me, but it isn’t.“I’m comfortable in life and I’m comfortable with the position I’m in at the moment.“Everton dumped me, we finished eighth and you’re still not good enough, so you have to move on.”On the Sporting Couch starts on Sunday 4th November on talkSPORT with Sam Allardyce, with a podcast of each episode available on Acast.
FROM JOHN SMITHSON IN READING: A hammer-wielding Donegal Town man told a murder trial that he did kill his business partner – but only because he feared the father-of-three was going to shoot him.Shaleem Amar, who was 33, died from massive head injuries after being battered repeatedly with hammers on November 17 last year.Robert Johnston, known as Derek, admitted at his murder trial at Reading Crown Court that he hit Mr Amar many times with at least one hammer after the pair argued over money owed to their business. Johnston’s sons and business partners Ben, 27, Tom, 25, and their employee Shaun Matthews, 56 – are also accused of murdering Mr Amar at a luxury home he was renting through them in Sunningdale, Berkshire.Mr Amar was found in the back of a van, allegedly owned by the Donegal Town man, covered in sand.Derek Johnston claimed he was at Mr Amar’s house with hammers to build a smoking room for the victim when, he claimed, Amar pulled out a gun.“He was shouting that he was going to kill me and I was defending myself,” said Mr Johnston under questioning from defence lawyer Nigel Rumfitt QC.Johnston said he grabbed a hammer from a Tesco bag on the work top after Mr Amar punched him and started to get his gun, shouting “you’re dead”.“I was thinking if I don’t get the better of him he is going to end up shooting me.“He said ’don’t you speak to me like that, you are f****** dead, I’m going to shoot you.”Johnston said he hit Mr Amar repeatedly on the head with at least one hammer.He said his son Ben broke up the fight, at which point Mr Amar fell to the ground and didn’t get up.Johnston and Mr Amar were partners in a fraudulent business carrying out complicated paper trail VAT fraud, the court heard.The company would claim VAT on goods it “sold” but that didn’t actually exist.The two began to argue over Stg£10,000 owed to them by an Irish transport company to which Johnston had family links.Mr Amar became agitated after Johnston senior called him a “typical little big man” for the way he was acting over the money.Mr Amar was 5ft 3ins tall and sensitive about his height, the court heard.The Johnston men and Matthews had gone to Mr Amar’s rented house to build him a smoking shelter so as not to cause complaints about smoking in the house as Mr Amar was due to hold a Christmas party.The day before the murder, Johnston senior had travelled with Matthews to Ridgeons Building Merchants in Pampisford, Cambridgeshire, to buy the materials necessary to build the shelter.The four then went to Mr Amar’s house the following day in a van and began to unload the equipment but were invited in for coffee.Two split bags of sand were left in the car as the group went in for coffee.It was soon after this that the argument between Mr Amar and Johnston had started.After the fight, Derek Johnston said the four men decided to take Mr Amar to hospital as he was unconscious and bleeding profusely.He, Matthews and his son Ben picked up the victim and put him in the back of the van.Just as they were leaving the property Mr Amar’s wife arrived home.Johnston senior told her Mr Amar had “gone to the airport to meet someone”.Soon after leaving the property, the van was pulled over by police who thought the men may have carried out a burglary in the wealthy area.The four men stepped out of the van, leaving Mr Amar in the back.One of the officers spotted bloodstains and said they were arresting the men for assault.At that point, Johnston senior ran away but only managed to get “about 10 yards” away before being caught.“I just panicked, I realised the situation I was in and I panicked,” he said.Mr Amar died at the scene and the four men were arrested on suspicion of murder.Johnston senior, 57, told the jury his son Tom had no involvement in his business with Mr Amar.Tom had recently moved back home to become a full-time carer for his mother, who had cancer.The trial of Johnston senior, and his two sons, all from Pampisford, Cambridgeshire, and Matthews, from Whittlesford, Cambridgeshire, is expected to run until the end of next week.Mr Martin Heslop QC, cross-examining for the prosecution, said it was Johnston’s plan to kill Mr Amar and take over the business.Mr Heslop said: “If Mr Amar suddenly disappeared, you would be in the driving seat and you would be earning the big money.”Derek Johnston continually denied that the four men parked their van as close to the gate to block access to the house.Mr Heslop said this did not tally with the fact that Mr Amar’s wife had to get the men to move the van to let her into the property.“Mr Johnston, you are telling lie upon lie upon lie,” he said.The case continues. At hearing.© 2011 donegaldaily.com, all Rights ReservedThe copying, republication or redistribution of donegaldaily.com Content, including by framing or similar means, is expressly prohibited by law.Follow us on www.twitter.com/donegaldailyFollow us on www.facebook.com/donegaldailySell anything on www.donegaldailyclassifieds.comHAMMER MURDER TRIAL SENSATION: ‘I KILLED VICTIM’ DONEGAL MAN TELLS TRIAL was last modified: November 22nd, 2011 by BrendaShare this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)
AD Quality Auto 360p 720p 1080p Top articles1/5READ MOREWalnut’s Malik Khouzam voted Southern California Boys Athlete of the Week “We have consistently driven operational performance to higher levels throughout each quarter this year, highlighted by strong growth in our net earnings,” Bob Stevens, chairman, president and chief executive officer, said in the company’s earnings announcement. “Additionally, every business segment has contributed to the enterprisewide focus on improving the returns on our investment base. As a result, our return on invested capital is expected to exceed 15 percent in 2005.” Net sales for the nine months that ended Sept. 30 were $27 billion, a 6 percent increase over the $25.6 billion recorded in the same months last year. Net earnings for the nine months through September were $1.3 billion, or $2.81 per share, compared with $894 million or $2 per share in 2004. The 2005 results include the effects of three previously disclosed unusual items: an after-tax gain of $31 million recognized in the first quarter from the sale of Intelsat investment, an after-tax gain of $27 million recognized in the second quarter related to the investment in Inmarsat, and an after-tax loss of $19 million recognized in the first quarter related to a telecommunications satellite operated by a subsidiary. On a combined basis, these items increased 2005 net earnings by $39 million, or 9 cents per share. Lockheed Martin reported third-quarter net earnings of $427 million compared with $307 million in the same quarter last year. Per diluted share, the third-quarter earnings were 96 cents, compared with 69 cents per diluted share a year ago – up by 39 percent. The increase in projected 2005 diluted earnings per share was primarily driven by an unusual gain of 12 cents per share from the sale of approximately 16 million shares of Inmarsat stock. This stock sale was consummated in October, and the gain will be reflected in the corporation’s fourth-quarter results, the company said. Net sales were $9.2 billion for the third quarter, a 9 percent increase over third-quarter 2004 sales of $8.4 billion. Cash from operations for the third quarter of 2005 was $893 million. In October, Lockheed Martin paid approximately $150 million to acquire INSYS Group Limited and Coherent Technologies Inc. The INSYS acquisition expands the corporation’s commitment in the United Kingdom. Net sales for Lockheed Martin Aeronautics, which operates a Palmdale plant, increased by 8 percent for the third quarter and decreased by 2 percent for the nine months through September. The quarterly sales increase was primarily due to increased C-130J transport plane deliveries and volume on other Air Mobility programs. For the nine-month period, sales decreased by $150 million due to anticipated declines in combat aircraft, which more than offset growth in Air Mobility. Combat aircraft sales decreased by $490 million for the nine-month period primarily due to declines in F-16 volume, which more than offset higher F/A-22 and F-35 volume. 160Want local news?Sign up for the Localist and stay informed Something went wrong. Please try again.subscribeCongratulations! You’re all set!