Wednesday, November 17, 2010

Shane Mosley Drops NY Suit Against BALCO Founder

A $12 million libel actions filed against BALCO founder Victor Conte $ boxer "Sugar" Shane Mosley has been rejected.

The New York Daily News reported that the case was "voluntarily dismissed with prejudice and without costs, expenses or attorney's fees by one party against another.

" That's according to a document filed Friday in New York's Manhattan Supreme Court .

No terms were given. A case dismissed with prejudice can not be represented. Mosley has sued Conte in 2008, accusing him of lying when he said several times world champion of the division of three former knowingly taken illegal drugs to improve performance.

History of Bay Area Laboratory Co-Operative has been at the center of the scandal that involved Barry Bonds and many other athletes. Mosley said he unknowingly used steroids produced by BALCO.

Barron returns from doping ban at Q-school

Doug Barron shot a 2-over 74 in the first round of the second stage of qualifying school Tuesday in the first round on the PGA Tour since his ban for violating anti-doping policy of the tour was his promise.


"I felt good out there, the juice was flowing this morning," Barron said. "The first hole felt that the last round of a PGA Tour event. I felt totally in control of my body. What is a good thing.

" Barron was the first player suspended under drug policy, the missing part of 2009 and most of the 2010th one-year ban was lifted in September, with Barron obtained a therapeutic use exemption low testosterone. His lawsuit against the PGA Tour has been set.

The 41-year Barron had two birdies, two bogeys and a double bogey-six at the par-4 16th hole at Redstone members, former site of the Shell Houston Open.

He was eight strokes behind the leaders early, with the best golfers 20 or so in the final Q-School in December.

Japan’s Nishioka Cleared To Move to MLB

Japanese shortstop Tsuyoshi Nishioka is free to move to Major League Baseball by the posting system, the team announced Wednesday.

MLB teams have four days to bid on the table the rights to 26-year Nishioka, who helped the Lotte Marines win in 2010 Japan Series.

Display system allows major league teams to bet on the table for the rights of Japanese players who have yet to become free agents.

Nishioka led the Pacific League with a .346 batting average this season and had 206 hits, becoming the first player in the Pacific League record 200 hits since Ichiro Suzuki in 2004.

Tuesday, November 16, 2010

The Short End of the Stick (NYSE: SKF)

The ProShares UltraShort Financials (NYSE:SKF) rallied 3.67% today as the banking sector took a hit. But can it sustain the momentum? The SKF is an ETF (Exchange Traded Fund) that shorts bank shares with double the leverage. On Wall Street only the professional traders classify the SKF as a long term DE, or Dangerous Equity, because these peculiar stocks do not rely on underlying companies. Over the long term they do not track the performance of the 200% inverse Dow Jones Financial Index either. When the bank stocks that this ETF aims to track begin to rise, the shareholders of this fund will pay the toll. The bank stocks have been brutally beaten, and with the banking sector oversold and improving, there's no telling what devastating consequences it could have on the SKF.

Read Kibbens' full report here.

Volleyball: State Quarterfinal Scoreboard

VivaLoudoun Volleyball State Quarterfinals Scoreboard
AA Girls
Cave Spring def. Jefferson Forest, 25-14, 23-25, 25-15, 25-13
Loudoun County def. Powhatan, 25-13, 25-15, 25-13
Grafton def. Freedom, 25-13, 27-25, 25-15
Hidden Valley def. Turner Ashby, 25-11, 25-16, 25-19

AAA Girls
Stone Bridge def. Princess Anne, 25-22, 25-20, 25-12
Atlee def. Osbourn Park, 25-23, 25-23, 25-20
Deep Run def.

First look at Cars 2 as Pixar unveils teaser poster and trailer

Cars 2 PixarCars may not be the most appreciated entry in Disney-Pixar's back catalogue of computer-animated masterpieces but with a world-wide gross of $461m (not to mention a fortune in merchandising sales), it becomes only the second Pixar film after Toy Story to get a sequel. Cars 2 is gearing up for release next summer and hot on the heels of the teaser poster which was unveiled yesterday comes the first theatrical trailer, which you can check out right here...

Cars 2 sees Lightning McQueen (Owen Wilson) and Mater (Larry The Cable Guy) heading oversees to compete in the first ever World Grand Prix, only for Mater to get mixed up in the world of secret agents and international espionage. Antz and Ratatouille producer Brad Lewis shares directorial duties with Pixar founder and Disney CCO John Lasseter, while the cast also includes Michael Caine, Bonnie Hunt, Cheech Marin, John Ratzenberger and Michael Keaton.



Cars 2 is set for a 3D release on June 24th 2011 in North America and hits UK shores on July 22nd.

James Brewster Prepares to Be Sworn In

State Senator elect James Brewster from Allegheny County will be sworn to the State Senate at the capitol in Harrisburg on Wednesday afternoon.

Brewster, 62 has previously mayor of McKeesport and a member of City Council. He won a special election to replace former Senator Sean Logan, who resigned his senate seat in August for a position with The University of Pittsburgh Medical Center.

A democrat, he will represent the 45th Senatorial District.

Brewster said the first thing he will do is set an example as to how he thinks government should be reformed by not using a state car. "We're not going to take the per-Diem, we're not going to take the cost-of-living raises...I think that's an important step that people understand that reform starts with the individuals, the senators, the state reps...its a commitment I made and a commitment I can keep," he said.