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Showing posts with label new jersey. Show all posts
Showing posts with label new jersey. Show all posts

Friday, May 25, 2012

NHL hockey Stanley Cup Eastern Conference finals

us ice hokey final
New Jersey Devils' Adam Henrique (14) scores during the overtime of Game 6 of the NHL hockey Stanley Cup Eastern Conference finals, as New York Rangers' Henrik Lundqvist (30), Brad Richards (19), and Carl Hagelin (62) defend, Friday, May 25, 2012, in Newark, N.J.

NEWARK, N.J. (AP) -- The memory of missing the playoffs for first time since 1996 and the ghost of an 18-year-old wound were wiped out with a sweep of rookie Adam Henrique's stick.

The New Jersey Devils are going back to the Stanley Cup finals, thanks to Henrique, a 40-year-old goaltender and a coach who'd never been to the postseason in the NHL.

How's that for a turnaround?

Henrique scored off a wild scramble in front at 1:03 into overtime and the Devils defeated the rival New York Rangers, 3-2, in Game 6 of the Eastern Conference finals to advance to their first Stanley Cup finals since 2003.

"It means a lot," Devils leading scorer Ilya Kovalchuk said minutes after reaching the Cup finals for the first time. "It's a great feeling. Last year was a tough one, but this year was totally different. We played well all year. The first round of the playoffs was a little tough but after that, I think we figured out our game and what it takes to win."

After beating Florida, Philadelphia and their biggest rivals, the Rangers, only the Los Angeles Kings stand in 
the way of a fourth Cup for New Jersey.

The title round begins here Wednesday.

This series win came against the Devils' most intense rival, and it was that much sweeter.

"That one was like Christmas," said Henrique, who also scored the series winner in overtime as Devils' first-round, Game 7 win over the Panthers.

It also was needed. The Devils blew a 2-0 first-period lead and didn't want to head back to New York for a Game 7 on Sunday.

"It didn't matter how it got to overtime, we were in a good position," Devils captain Zach Parise said. "We were at home. We just needed one shot."

Actually, the Devils needed four shots to win the game.

Henrique's winner came after Henrik Lundqvist stopped Kovalchuk twice and Alexei Ponikarovsky. The last shot lay in the crease and Henrique tapped it home.

"We caught them on a line change and their defensemen were tired," said Devils coach Peter DeBoer, who was fired by Florida after missing the playoffs in his three seasons. "We found a way to jam one in. That's the only way you're going to score on Lundqvist. You're not going to get a clean one. You're going to have to work for it around the net.

"And that's what we did."

Ryan Carter and Kovalchuk also scored for the Devils, whose biggest move this year was hiring DeBoer. He has more than proved his coaching ability.

Ruslan Fedotenko and Ryan Callahan tallied for top-seeded New York, which had a good flurry just before New Jersey scored to end it.

Henrique, who is nominated for the Calder Trophy - given to the NHL's top rookie - skated away from the crease and jumped against the end boards in the corner as his teammates hopped off the bench and mobbed him.

The six Rangers on the ice just stayed down in disbelief and frustration. This was very much like Game 5, which the Devils won 5-3. New York carried the play after the first period and had a 35-29 edge in shots.

But when it came time for a game-deciding play to be made, it was a Devil who made it.

"When they scored, it was such an empty feeling," said Lundqvist, who said the puck took a weird bounce on the final play. "It is shocking."

Henrique overcame injury to score this one. He seemed to take a stick from Brian Boyle in the groin area late in the third and had to leave the ice.

He felt no pain after the game winner.

All the Rangers could do was bow their heads and then line up for the traditional handshake after losing to their cross-rival rivals in a series that was close.

"That's playoff hockey, and that's usually where you get an overtime goal," Rangers veteran Brandon Prust said. "Just whacking away in front of the net, getting rebounds."

Martin Brodeur, 40, kept the Devils alive in the third. He stopped a power-play shot by Brad Richards, made a save on Artem Anisimov between the circles and used his stick to deflect a pass from the boards by Carl Hagelin in the final minute just before it got to Marian Gaborik on the edge of the crease.

"You could tell he was in the zone. He led us," Parise said. "He made some big saves tonight."

Lundqvist's best stop in the third was on Dainius Zubrus on a shot from behind the circles.

Facing elimination and down 2-0 after 20 minutes, the Rangers found their game in the second period and tied the game at 2-all on goals by Fedotenko and Callahan in a roughly four-minute span.

Defenseman Ryan McDonagh, who assisted on both goals, made the big play to get New York back in the game. He collected the puck above the left circle, skated around the net and tried a wrap around. The shot didn't go on goal but it turned out to be a perfect pass to Fedotenko who a tap-in into an open net at 9:47.

Callahan, who had a New York goal go off his leg in the Devils' 5-3 win on Wednesday, tied the game at 13:41 when Dan Girardi's shot from the right point deflected off his leg into the open lower corner of the net. Callahan's sixth of the postseason was set up when Brandon Dubinsky won a faceoff in the left circle.

Carter, who scored the game winner in New York on Wednesday night after the Devils blew a 3-0 lead, put New Jersey ahead again at 10:05 of the opening period.

The play started with a bad pinch at the point by Rangers defenseman Marc Staal. Steve Bernier led a 3-on-1 and found Stephen Gionta coming down the middle for a solo chance against Lundqvist. The Rangers goaltender stopped the shot, but Carter swatted the rebound home for his fourth of the playoffs.

Kovalchuk's seventh goal of the postseason and fifth on the power play was a thing of beauty. All five Devils skaters touched the puck with tape-to-tape passes with Zubrus finding Kovalchuk alone low in the left circle for a shot that Lundqvist had little chance to stop.

The Devils - as is the tradition for many Cup finalists - did not touch the Prince of Wales Trophy that was presented at center ice. As the team skated off to their locker room, "Glory Days," the 1984 hit from New Jersey rocker Bruce Springsteen serenaded them.

The game was played on the 18-year anniversary of the Rangers' dramatic, 4-2, Game 6 victory over New Jersey at the Meadowlands, a victory that pushed that classic Eastern Conference final series to a Game 7 and eventually led New York to its first Stanley Cup in 54 years. That game, of course, was preceded by a guarantee from Rangers captain Mark Messier, who delivered three goals en route to the victory.

This time, though, there will be no Game 7.

NOTES: The Empire State Building's tower lights were lit in red and blue on Friday to cheer on the Rangers. ... Mogul and TV personality Donald Trump was at the game. ... Devils C Travis Zajac left the ice briefly in the second after being slashed on the left hand by Prust. No penalty was called. ... New Jersey is 4-1 in overtime in the postseason. New York finished 2-3 after regulation. ... This is only the second time the Devils have defeated the Rangers in the postseason in six tries. ... The last time New Jersey played in the Stanley Cup finals, the Devils also played a California team: the Anaheim Ducks in 2003.


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Friday, November 25, 2011

Euro loses vs dollar for fourth straight week

euro
Euro VS Dollar
(Reuters) - The euro fell to its lowest in more than seven weeks against the U.S. dollar on Friday and was poised to weaken further after a disappointing Italian bond auction stoked fears the euro zone crisis was deepening.

Italy paid a record 6.5 percent to borrow money over six months on Friday and its longer-term funding costs soared far above levels that are seen as sustainable. The rise in borrowing costs came even as the European Central Bank bought bonds in the secondary market.

Standard & Poor's added to those worries after the rating agency lowered Belgium's rating by a notch to AA and placed its credit outlook on negative.

Signs the euro zone debt crisis was threatening the region's biggest economies such as France and Germany have raised fears of a breakup of the 17-member currency bloc. Policymakers remained in disagreement over how to resolve the crisis, with Germany opposed to joint euro zone bonds and a bigger role for the ECB.

"There appears to be no credible plan in sight to solve the euro zone debt crisis. It shows that there are legs to the market view that the euro zone might be dismantled," said Joe Manimbo, senior market analyst at Travelex Global Payments in Washington.

The euro fell 0.9 percent to $1.3226, having dropped as low as $1.3210, its lowest since October 4, according to Reuters data.

The U.S. Labor Department's monthly jobs data is due next Friday and if they fall short of expectations, the euro should retrace its four straight weeks of decline against the greenback.

"If we get a negative surprise, that could make the dollar vulnerable," Manimbo said.

Key support for the euro lies around $1.3144, the euro's October low, followed by $1.3045, the 61.8 percent retracement of its 2010-2011 rally.

The euro lost 2.1 percent this week after poor demand at a German bond auction on Wednesday.

Bidding for Italian debt was also lackluster on Friday. Italy's two-year yield rose to a euro-era high above 8 percent and 10-year yields traded above 7 percent, a level that is seen as unsustainable.

"The Italian auction was a disgrace this morning, It was worse than what the market had expected," said Thomas Molly, chief dealer at FX Solutions at Saddle River, New Jersey.

Belgian bonds also succumbed to pressure ahead of auctions next week. The 10-year Belgian government note yield edged up to 5.89 percent on Friday, up 3 basis points on the day and up almost 100 basis points on the week.

Strains in the money market for euro zone banks added to investor concerns. The euro/dollar one-year cross currency basis swap, which widens when lenders charge more for swapping euro interest payments on an underlying asset into dollars, was at minus 104 basis points -- close to expensive levels of minus 115 basis points in late 2008.

SWISS FRANC TUMBLES

The dollar rose versus a currency basket to its highest since early October at 79.702 .DXY as investors raised their holdings of the U.S. currency, undercutting the bids for Swiss franc.

"Unless we see firm action from European authorities, the market is betting the worst is about to happen and the dollar is therefore well bid on demand for liquidity," said Jane Foley, currency strategist at Rabobank.

Against the yen, the dollar rose 0.9 percent to 77.74 after hitting a two-week high of 77.79, according to Reuters data.

The euro hit a seven-week low of 102.46 yen based on Reuters data, before rebounding to 102.90, flat on the day.

The Swiss franc tumbled against the dollar and euro on speculation the Swiss National Bank may raise the ceiling on euro/Swiss franc from the current 1.20 level.

The dollar last traded up 1.2 percent at 0.9308 Swiss franc after approaching an 8-month high at 0.9330. It was on track for a gain of 1.3 percent this week, its fourth straight weekly advance.

The euro rose 0.4 percent to 1.2315 francs, after hitting a session high of 1.2380.

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Thursday, November 24, 2011

Thanksgiving kicks off fight for holiday sales

holiday
Holiday Shopping
(Reuters) - The holiday shopping season is in full swing on Thursday, with retailers hoping consumers will spend big despite worries about the fragile economy and their own precarious finances.

The shopping period has been underway for some time as retailers such as Wal-Mart Stores Inc and Toys R Us started early by offering layaway programs.

But shoppers are looking for major bargains and retail executives are predicting a more competitive season than 2010.

An Old Navy store in Watchung, New Jersey, was teeming with shoppers on Thursday morning, while a line outside a Best Buy in Union, N.J., included shoppers who had pitched a tent to stay warm until the store's midnight opening, according to Charles O'Shea, a Moody's senior retail analyst.

O'Shea said he was visiting various retailers to gauge consumer traffic. The big draws are deals, like t-shirts for $6, down from $12. Bargains like those will be a fixture for the season, he said.

"There is no question that the shopper is looking for deals," O'Shea said. "Nobody wants to feel like they're leaving money on the table, especially when they have less money now."

Millions of U.S. people will head out to shop once they are done with their turkey dinners, getting a jump-start on "Black Friday" - the single biggest shopping day of the year, which sets the tone for the entire season.

Still, many others will be watching their pennies.

Paula Taero, a 58 year-old housekeeper from Queens, New York who was shopping on Thursday at a Kmart in Manhattan, said she is cutting back this year on her Christmas shopping.

"Santa will buy for others. I don't have so much money this year."

Wal-Mart, Old Navy, which is part of Gap Inc and KMart, owned by Sears Holdings', are among the few retailers open on Thanksgiving. Toys R Us opens Thursday evening.

To narrow the gap in store hours with rivals, discounter Target Corp, electronics chain Best Buy and department store chains Macy's Inc and Kohl's Corp will open at midnight - their earliest starts ever.

Others, including J.C. Penney Co Inc, are opening early Friday morning as they did last year.

The National Retail Federation expects sales in November and December to be up 2.8 percent over last year, but below 2010's 5.2 percent gain. So retailers, online and offline, see little margin for error.

BARGAINS OR BUST

Wal-Mart starts its Black Friday "doorbuster" deals on Thursday at 10 p.m. at its stores. Amazon.com Inc, not to be outdone, will offer its deals online at 9 p.m.

Newspaper inserts on Thursday morning were boasting of the usual "Black Friday" bargains to get people into stores. For example, Staples Inc was offering an ink jet printer for 60 percent off, while Target was offering 46-inch, high-definition televisions for about 45 percent off.

The knock-down-drag-out fight comes as the rebound in sales cooled in October, when many top chains like Macy's and Saks reported disappointing sales.

It will be even tougher for chains that have struggled with sales declines lately, like Gap and Penney.

The NRF expects 152 million people to hit stores this weekend, up 10.1 percent from last year.

But much of that traffic will be fueled by bargain hunting, analysts said, with the real test coming after the weekend when retailers see if spending happens only if there are big bargains on the table.

Last year, after a strong Black Friday weekend, shoppers sat on their hands until closer to Christmas.

This year, those looking for steals beyond the requisite "Black Friday" specials may be disappointed.

In a research note on Tuesday, Wells Fargo economist Mark Vitner said: "Bargain hunters may have a tougher time finding those markdowns this year, as retailers are keeping a sharper eye on profit margins."

Either way, middle class shoppers are also more frugal now, taking a page from their lower income counterparts, Andrew Stein, vice president of marketing planning at Sears Holdings told Reuters.

"The Kmart customer has always been a value shopper. The rest of the country is behaving like the Kmart shopper now," he said, noting that there were a lot of people at Kmart's layaway lines on Thursday.



Wednesday, November 23, 2011

Lee Evans Not Guilty: New Jersey Man Acquitted Of Murdering 5 Teenagers In '78

lee evans
Lee Evans
NEWYORK, N.J. — One of the nation's most baffling cold cases remains unresolved after a jury on Wednesday acquitted a New Jersey man of locking five teenagers in a vacant home in 1978 and burning them alive in retaliation for stealing his marijuana.

No bodies were ever found, and Lee Evans, who represented himself against 10 murder-related charges, was able to poke holes in the testimony of the star prosecution witness.

Despite hearing the phrase "not guilty" 10 consecutive times Wednesday morning in a Newark courtroom, Evans said he did not feel vindicated.

"It's a situation where I heard him say: `not guilty,' but the fact is, they put this horrible thing on you, and you still feel guilty," a visibly stunned Evans said moments after the verdict was read. He said of the verdict, "that was a jury, that wasn't the people," referring to the family members of the missing teens who packed the courtroom throughout the trial and have said publicly for decades they feel Evans is guilty.

Evans, now 58, said the revival of the long-dormant cold case had destroyed his life and livelihood.

"I'm literally tore up, ripped up inside from the case," he said. "How can you get past that?"

Several family members of the missing teenagers wept and hugged one another as the verdict was read.

"Not guilty does not mean innocent," said Terry Lawson, who was 11 when she saw last saw her older brother, Michael McDowell, climb into Evans' truck on the night he disappeared. "Mr. Evans may escape the law, but never the Lord."

McDowell said the families felt some relief by learning more about what happened to the boys.

"We are grateful this case has been brought before a jury, understanding it's difficult to ask 12 people to go back 33 years without the technology and DNA available today," she said, adding, "We know in our hearts what happened to the boys, and we know that Mr. Evans is a guilty man walking free today."

Acting Essex County Prosecutor Carolyn Murray said they were disappointed in the verdict.

"This is a case that has bothered the collective conscious of the Newark police force over 33 years," Murray said. "This case was never forgotten, it was never put on a back shelf."

Prosecutors sought to prove that Evans, who was 25 at the time, had planned to kill the teenagers as payback for breaking into his apartment and stealing a pound of marijuana a week before they vanished. Evans, who ran a handyman business, often hired the teens for odd jobs and paid them in marijuana, prosecutors said.

The case largely hinged on the prosecution's star witness, Evans' 54-year-old cousin Philander Hampton, who agreed to testify after pleading guilty in exchange for a 10-year prison sentence and $15,000 in relocation money. Hampton was sentenced under 1978 guidelines, and expected to be freed in a matter of months.

It was Hampton's comments to authorities in 2008 that helped revive the long-dormant case.

Hampton testified that Evans was angry about the marijuana theft and was bent on retaliation. He said he helped Evans lure the teens to a vacant Newark house on the night of Aug. 20, 1978, after asking them to help move some boxes, but then herded them into a closet and secured the door with a 6-inch nail. He said Evans poured gasoline around the perimeter, demanded that Hampton give him a match and set the house ablaze.

The bodies of 17-year-old Melvin Pittman and Ernest Taylor and 16-year-old Alvin Turner, Randy Johnson and Michael McDowell were never found. The boys were reported missing after the fire, and authorities at the time never connected the two events or examined the fire site as a crime scene.

The case was originally classified as a missing-persons case, despite the ongoing protests of family members who insisted to police that five grown teenagers wouldn't have simultaneously run away from home shortly after playing a game of basketball.

They insisted that Evans was the last person anyone saw the teens alive with. Evans told police at the time he'd dropped the boys off after hiring them for a few hours.

Over the years, investigators conducted a nationwide search for the teens, chased hundreds of dead-end leads and enlisted at least two psychics. The case went cold for decades, until a pair of Newark detectives on the cusp of retirement decided to rework it as an unsolved homicide.

During questioning by investigators in 2008, Hampton brought them to the site in Newark where he claimed the teens had been burned alive. The house had been destroyed in the blaze, and long since built over with new development.

Evans and the court-appointed attorney assisting him, Bukie Adetula, said the scenario to which Hampton testified would have been impossible and pointed out Hampton's criminal record and inconsistencies in his testimony.

Evans said he had lived and worked openly in the same community near Newark in the bordering city of Irvington, where many of the victims' families lived and saw him on a regular basis, and emphasized that fact as proof that he had nothing to hide.

Following the verdict, Evans was surrounded by family and supporters as he walked out of the Essex County Courthouse, saying he wasn't sure what he would do next or whether he would remain in the community.

Murray, the prosecutor, said, "with respect to this case criminally, this case is closed."


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