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Pacific Drilling hit with NYSE delisting warning

first_imgOffshore driller Pacific Drilling has received notice from the New York Stock Exchange (NYSE) that the company is considered to be “below compliance” with NYSE’s continued listing standards for a listed company. The driller said on Friday that the two NYSE continued listings standards applicable to the company that it is at risk of failing to satisfy are maintenance of average market capitalization of not less than $15 million over a 30 trading-day period, which is a minimum threshold standard that does not allow for any plan/cure period; and average closing price of its common stock of not less than $1.00 over a consecutive 30-trading-day period.NYSE notified the driller that as of August 30, 2017, its 30 trading-day average share price was $0.99 and, consequently, the company would be delisted if it is not able to return to compliance with the NYSE continued listing standards within the applicable six-month cure period.Pacific Drilling has until September 15, 2017, to submit to the NYSE a letter indicating whether and how it intends to cure the share price deficiency.In addition, the company noted that its market capitalization dipped below $15 million for the first time on August 16, 2017. Consequently, the company expects that unless its market capitalization increases materially, NYSE will start delisting proceedings for the company’s common stock on or about September 13, 2017, and before it is required to respond to NYSE’s notice of delisting due to the share price deficiency.The $15 million average market capitalization continued listing condition does not allow for any plan/cure period and, consequently, the company would be automatically and immediately delisted on the date that this condition ceases to be satisfied. In that circumstance, the company’s common shares will trade solely in the over-the-counter market.last_img read more

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Sweet-Bitter outing: Goal scorer Aubameyang sent off by VAR

first_img Promoted Content13 kids at weddings who just don’t give a hootThe Best Cars Of All TimeWho Earns More Than Ronaldo?World’s Most Delicious Foods8 Superfoods For Growing Hair Back And Stimulating Its GrowthBest & Worst Celebrity Endorsed Games Ever MadeBirds Enjoy Living In A Gallery Space Created For ThemTop 7 Best Car Manufacturers Of All TimeThe Models Of Paintings Whom The Artists Were Madly In Love With6 Extreme Facts About HurricanesTop 8 Best Looking US First Ladies EverThe 10 Best Secondary Education Systems In The World Loading… Aubameyang was then sent off following a lunging tackle which caught Max Meyer on the left ankle, VAR overturning the initial yellow card he was awarded by referee Paul Tierney. Calling the game for the BBC, former Premier League player Steven Reid insists Aubameyang deserved to go. “The VAR was perfect. It was a bad decision for the referee and it’s done it’s job there,” he said. “But the atmosphere in the stadium when the tackle was shown – the change and the abuse he was getting as he went off, it just completely changed the atmosphere.” Aubameyang handed the armband to Lacazette and sloped off and Meyer soon followed him as he tried but failed to recover from the damage inflicted. Read Also EPL: VAR awards Palace late equalizer against Norwich Certainly the last has not been heard on the effect and impact of VAR. A case of referee versus VAR who has the final say! FacebookTwitterWhatsAppEmail分享 center_img Arsenal captain Pierre-Emerick Aubameyang scored and saw red in Saturday’s 1-1 draw at Crystal Palace. Jordan Ayew’s deflected equaliser earned Palace a point at home against Arsenal. But it was goalscorer Aubameyang’s sending off by the video assistant referee (VAR) which will be the major talking point from this game. Captain Aubameyang had put his side ahead with a well-worked team goal as Mikel Arteta’s side dominated the first half. But Ayew brought Palace level after the break, his goal-bound effort leaving Arsenal goalkeeper Bernd Leno with little chance after bouncing off David Luiz. Gunners captain delivers on a day of controversyAdvertisementlast_img read more

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Ex-Eagles forward Utaka begins coaching career with Montpellier youth team

first_img Utaka spent two-and-a-half years at Montpellier between 2011 and 2013, and he helped La Paillade win their first-ever top-flight title in the 2011-12 season. His brace in the club’s 2-1 win over Auxerre secured Montpellier’s triumph on May 12, 2012. Loading… The 38-year-old returns to Stade de la Mosson with the ambition of earning his coaching badge in the Ligue 1 club’s youth set-up.Advertisement Ahead of his new sojourn, the Nigeria national team sent a congratulatory message to him.“And the journey in coaching begins for John Utaka, the attacker with the Montpellier youth coach post. All the best poacher,” the Super Eagles official account wrote.Utaka is the latest Nigeria legend to take up a coaching role after ex-captain Joseph Yobo was appointed as an assistant coach to Gernot Rohr in the national team.Yobo also joined in felicitating with his former international teammates who scored six goals in 49 appearances for the Super Eagles.“Congratulations John Utaka on your appointment as the youth football team coach at French League 1 side Montpellier. I wish you every success bro,” the ex-Everton defender wrote on Instagram.The former Super Eagles attacker had a nomadic playing career across Nigeria, Egypt, Qatar, France, England and Turkey before retiring from football in 2018.Utaka was the top scorer in the 1999-00 Egyptian Premier League season with 17 goals to his name.read also:Utaka craves support for Super Eagles coach RohrDuring his 11-year career with the Super Eagles, he featured in the 2002 and 2010 Fifa World Cup tournaments, and he was also part of the team that won bronze at the 2006 Africa Cup of Nations.FacebookTwitterWhatsAppEmail分享 center_img Montpellier have appointed their former player and ex-Nigeria international, John Utaka, as coach of their Under-19 team. Promoted ContentThe 9 Best Robots In Movie HistoryA Soviet Shot Put Thrower’s Record Hasn’t Been Beaten To This DayBest Car Manufacturers In The World6 Ridiculous Health Myths That Are Actually TrueWho Earns More Than Ronaldo?What Happens To Your Brain When You Play Too Much Video Games?7 Universities In The World Where Education Costs Too MuchWho Is The Most Powerful Woman On Earth?World’s Most Delicious Foods5 Of The World’s Most Unique Theme ParksWho Earns More Than Ronaldo?Couples Who Celebrated Their Union In A Unique, Unforgettable Waylast_img read more

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Boxing selection trials start today

first_imgTHE Guyana Boxing Association (GBA) will begin its selection trials for the upcoming Caribbean Development Tournament today.Starting at 05:30hrs in the National Park, boxers will face their first training session. The training will continue at 16:00hrs at the Andrew Lewis Gym.The GBA has released its list of boxers up for possible selection. The list includes three categories – Elites, Youths and Females. In the Elites category are Richard Subratte, Anil Chiatraj, Kevin Allicock, Julius Kesney, Claimont Gibson, Tefon Green, Joel Williamson, Rhondel Douglas, Colin Lewis, Aquancy Harvey, Joshua Joseph, Marley Ross, Dennis Thomas, Desmond Amsterdam, Markember Pierre, Aluko Bess, Jason Bakker, Bryan Leitch, Renee Lewis and Floyd Cato.In the Youths category, Keevin Alicock, Akiel Mounter, Christopher Moore and Stephon Smith have been selected. Meanwhile in the Female category Shonette McFarlane is the lone boxer.The GBA has also named its coaches in Terrence Poole, Sebert Blake, Steele Crawford, Adrian Thomas, Clifton Moore, Wincel Thomas and Gregory Cort.The Development Tournament will be held in Barbados and the boxers selected will also represent Guyana in Suriname at an international competition.last_img read more

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Qatar says Gulf crisis has no impact on World Cup preparations

first_img(REUTERS) – Qatar said yesterday a rift with fellow Gulf Arab states that includes economic sanctions on Doha has not affected its preparations to host the 2022 World Cup, and alternative sources for construction materials had been secured.Soccer’s governing body FIFA said last week it was in “regular contact” with the 2022 World Cup organising committee of Qatar, after Saudi Arabia, Bahrain and the United Arab Emirates, along with Egypt, severed ties with Doha over alleged ties to terrorism – charges the Gulf state denies.The 2022 World Cup is the centrepiece of a carefully crafted strategy to project Qatar onto the global stage via sport. The dispute could impact its preparations.In the run-up to the tournament, Qatar is scheduled to host multiple events across many different sports, aimed at improving infrastructure and expertise.“I can confirm to everybody that there is absolutely no impact on the progress of work in the Mondial facilities and that work is proceeding normally,” said Ghanim al-Kuwari, executive director at the Qatari committee overseeing preparations for the World Cup.In remarks carried by state news agency QNA, Kuwari said Qatar’s local World Cup organising committee had completed around 45 percent of the work in accordance with plans.Most of the construction materials needed for building World Cup stadiums had been coming by land through Saudi Arabia, a route now blocked, but Kuwari said alternative suppliers have been organised.“We have actually organised alternative sources from other areas in order that the work on the project is not impacted.”He said that while some goods had come by land, most materials were coming by sea, adding that some materials were being locally made.Separately yesterday, the International Olympic Committee said it hoped the diplomatic and economic boycott of Qatar by its Gulf neighbours would not affect sports development in the region.Hamad Port in Doha was bustling with activity this week, with ships bringing in food supplies as well as building materials for construction projects including World Cup stadiums and a metro line running alongside highways that stretch out of Doha.last_img read more

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Vavic named conference player of the year yet again

first_imgAfter earning the No. 1 seed in the upcoming NCAA Championships, several members of the USC men’s water polo team were honored with Mountain Pacific Sports Federation postseason awards.Senior driver Nikola Vavic was named the conference player of the year after scoring 75 goals in 2013. It is his third time being named to the MPSF First Team. Vavic is now USC’s all-time top scorer with 248 career goals.Junior driver Kostas Genidounias and senior utility Mace Rapsey both made the All-MPSF First Team, while senior goalie James Clark earned a spot on the All-MPSF Second Team. Senior two-meters Jeremy Davie and Connor Virjee earned All-MPSF Honorable Mentions.Genidounias is the Trojans’ leading scorer this season with 76 goals. Genidounias has scored 175 career goals during his USC career. Rapsey has scored 47 times this season and currently ranks No. 20 on USC’s all-time career goals list. Clark has averaged 9.6 saves per game.Honorable mentions Davie and Virjee have scored 27 goals and 49 goals this season, respectively.The Trojans began the MPSF tournament as the No. 4 seed before beating No. 5 California 12-9 and No. 1-seeded Pacific 18-13. USC moved on to win the title match against No. 2-seeded Stanford, automatically earning a ticket to the NCAA tournament.USC was able to bounce back and win the MPSF tournament after enduring a relatively disappointing regular season. The team lost four games, including three conference games en route to a fifth-place finish. The Trojans’ resurgence should give the team a boost as it heads to the NCAA Championships.The tournament will take place this weekend in Palo Alto, Calif. Top-seeded USC will play the winner of the UC San Diego-St. Francis Brooklyn match tomorrow. The title match will take place Sunday at Stanford’s Avery Aquatic Center. If USC wins, the Trojans will be the first collegiate water polo team to win six consecutive national championships.last_img read more

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Euro 2016 semi final tonight

first_imgThe first finalist at Euro2016 will be decided tonight.Wales will look to continue their fairytale run through this year’s tournament when they face Portugal in tonight’s semi-final in Lyon.The game is being billed as a contest between Real Madrid team-mates Gareth Bale and Cristiano Ronaldo. Wales are without two first-choice players through suspension, with Aaron Ramsey and Ben Davies both sitting on the sidelines.Manager Chris Coleman says that he’s got full faith in who ever has to fill-in…Kick-off in Lyon tonight is at 8pm.last_img

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NAIA member Washington Adventist beats Delaware State 78-76

first_img WATCH US LIVE Written By SUBSCRIBE TO US Last Updated: 31st December, 2019 11:36 IST NAIA Member Washington Adventist Beats Delaware State 78-76  Xavier Sewell had 17 points and seven rebounds as NAIA member Washington Adventist edged past Delaware State 78-76 on Monday night. First Published: 31st December, 2019 11:36 IST LIVE TVcenter_img  Xavier Sewell had 17 points and seven rebounds as NAIA member Washington Adventist edged past Delaware State 78-76 on Monday night.Washington Adventist outscored Delaware State 19-9 down the stretch for its second win against a Mid-Eastern Athletic Conference opponent this season. The Shock also beat Howard 71-68.The Shock led for the first time in the second half, 72-70, on a basket by Derrick Hopkins with 3:01 left to play. Washington Adventist hit 4 of 5 free throws to seal it.Hopkins had 14 points for Washington Adventist. Freddy Liriano added 13 points, and Elijah Maynard had 10 points and six rebounds.John Crosby had 18 points for the Hornets (1-13), who have lost six straight games. Omari Peek-Green added 15 points, and Johquin Wiley had 13 points and seven rebounds.Delaware State plays Morgan State at home on Saturday. FOLLOW US COMMENT Associated Press Television News last_img read more

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Bianchi Family to Launch Legal Action against FIA, FOM

first_imgThe family of Jules Bianchi is launching a legal action against the sport’s world governing body the FIA, Marussia and Formula One Management following his fatal crash at the 2014 Japanese Grand Prix.Bianchi died on July 17 last year, nine months after he crashed into a recovery vehicle at the rain-soaked Suzuka race. He was the first F1 driver to die as a result of injuries sustained at a race weekend in more than 20 years. The statement released by Stewarts Law read: “The family of Formula One racing driver, Jules Bianchi, has today announced they plan to take legal action in England relating to the fatal head injuries Jules Bianchi sustained in a violent collision with a mobile crane at the Japanese Grand Prix in Suzuka, 2014.“The letters (to the FIA, Marussia and Formula One Group) explain why the Bianchi family feel the actions of one or more of those parties, amongst others, may have contributed to Jules’ fatal accident and invite them to accept that errors were made in the planning, timing, organisation and conduct of the race which took place in dangerous conditions during the typhoon season in Japan.“As a family, we have so many unanswered questions and feel that Jules’ accident and death could have been avoided if a series of mistakes had not been made.”Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

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