Casella Waste Systems, Inc. Announces Second Quarter Fiscal Year 2009 ResultsRUTLAND, VT, Dec 03, 2008 (MARKET WIRE via COMTEX News Network) — Casella Waste Systems, Inc. (NASDAQ: CWST), a regional solid waste, recycling and resource management services company, today reported financial results for the second quarter of its 2009 fiscal year.Highlights of the quarter include:– Free cash flow* for the quarter was up $8.2 million over the sameperiod last year;– Operating income for the quarter was up 1.3 percent over same periodlast year; and– Solid waste operations continue to perform well through the economicslowdown, while the recycling group faces pressures from volatile commoditypricing.”Since the northeastern U.S. economy first began to slow in July 2006, we have taken steps to better position our business to perform well in this uncertain economic environment,” John W. Casella, chairman and CEO of Casella Waste Systems, said. “We continue to execute well against factors that we can control by combining our successful cost reduction initiatives from the past 18 months with operating programs that enhance productivity and asset utilization.””These efforts are currently offsetting economic pressures in our solid waste group, with performance in the quarter driven by increases in landfill volumes, improved operating performance of the hauling operations, and roll over impacts from the successful divestiture program of under-performing assets,” Casella said.”While it is difficult to fully assess the potential economic impacts from the financial market turmoil, the recession-resistant qualities of our integrated solid waste group will help our business maintain stability,” Casella said.”The global slowdown is negatively impacting recycling commodity pricing,” Casella said. “However, our commodity risk mitigation programs are dampening pricing exposure through the use of hedging agreements, floor price contracts, and long-term supply contracts with customers.”Second Quarter Financial ResultsFor the quarter ended October 31, 2008, the company reported revenues of $157.5 million, up $7.0 million, or 4.7 percent over the same quarter last year. The company’s net income available to common shareholders was $2.1 million or $0.08 per common share compared with net income of $2.8 million or $0.11 per common share in the same quarter last year.Operating income for the quarter was $16.0 million, up $0.2 million or 1.3 percent over the same quarter last year. Net cash provided by operating activities in the quarter was $19.4 million, compared to $15.1 million in the same quarter last year. The company’s earnings before interest, taxes, depreciation and amortization (EBITDA*) were $35.5 million, down $0.5 million or 1.4 percent over the same quarter last year. The company’s free cash flow for the quarter was $6.2 million, up $8.2 million over the same period last year.In early August 2008, the company ceased accepting waste at the Colebrook, NH landfill closure project, creating a negative $1.1 million EBITDA variance for the second quarter of fiscal year 2009 over the same period last year. Excluding the negative year-over-year impact of closing Colebrook, EBITDA for the quarter was up $0.6 million or 1.7 percent over the same quarter last year.Six Months Financial ResultsFor the six months ended October 31, 2008, the company reported revenues of $315.4 million, up 5.5 percent over the same period last year. The company’s net income per common share for the six month period was $0.17, compared to a net income per common share of $0.18 in the same period last year.Operating income for the six month period was $31.6 million, up $1.9 million or 6.4 percent over the same period last year. Net cash provided by operating activities for the six month period was $39.2 million, up $3.9 million compared to the same period last year. EBITDA was $70.5 million for the six month period, up $0.8 million or 1.1% from the same period last year. The company’s free cash flow for six months period was $4.4 million, up $5.5 million over the same period last year.Fiscal 2009 OutlookThe company said that its solid waste group continues to maintain a stable level of performance, while the recycling group faces pressures from softer commodity pricing. As expected in late October, commodity pricing continued to weaken during November and the company forecasts average commodity pricing to be down approximately 55 percent from our first quarter of fiscal year 2009 through the remainder of our fiscal year. The updated fiscal year 2009 guidance reflects continued weakness in commodity pricing and softening of economic conditions through the remainder of the fiscal year.The company has updated its guidance for fiscal year 2009 to the following ranges:– Revenues between $580.0 million and $600.0 million;– Free cash flow remaining constant at the original range of $8.0 millionto $14.0 million;– EBITDA between $120.0 million and $124.0 million; and– Capital expenditures between $65.0 million and $69.0 million.*Non-GAAP Financial MeasuresIn addition to disclosing financial results prepared in accordance with Generally Accepted Accounting Principles (GAAP), we also disclose free cash flow and earnings before interest, taxes, depreciation and amortization (EBITDA), which are non-GAAP measures.These measures are provided because we understand that certain investors use this information when analyzing the financial position of companies in the solid waste industry, including us. Historically, these measures have been key in comparing operating efficiency of publicly traded companies in the solid waste industry, and assist investors in measuring our ability to meet capital expenditures, payments on landfill operating lease contracts, and working capital requirements. For these reasons we utilize these non-GAAP metrics to measure our performance at all levels. Free cash flow and EBITDA are not intended to replace “Net Cash Provided by Operating Activities,” which is the most comparable GAAP financial measure. Moreover, these measures do not necessarily indicate whether cash flow will be sufficient for such items as capital expenditures, payments on landfill operating lease contracts, or working capital, or to react to changes in our industry or to the economy generally. Because these measures are not calculated by all companies in the same fashion, they may not be comparable to similarly titled measures reported by other companies.Casella Waste Systems, Inc., headquartered in Rutland, Vermont, provides solid waste management services consisting of collection, transfer, disposal, and recycling services primarily in the eastern United States.For further information, contact Ned Coletta, director of investor relations at (802) 772-2239, or visit the Company’s website at http://www.casella.com(link is external).The Company will host a conference call to discuss these results on Thursday, December 4, 2008 at 10:00 a.m. ET. Individuals interested in participating in the call should dial (877) 675-4751 at least 10 minutes before start time. The call will also be webcast; to listen, participants should visit Casella Waste Systems’ website at http://www.casella.com(link is external) and follow the appropriate link to the webcast. A replay of the call will be available on the company’s website, or by calling 719-457-0820 or 888-203-1112 (conference code #4859748), until 11:59 p.m. ET on Thursday, December 11, 2008.Safe Harbor StatementCertain matters discussed in this press release are “forward-looking statements” intended to qualify for the safe harbors from liability established by the Private Securities Litigation Reform Act of 1995. These forward-looking statements can generally be identified as such by the context of the statements, including words such as the company “believes,” “expects,” “anticipates,” “plans,” “may,” “will,” “would,” “intends,” “estimates” and other similar expressions, whether in the negative or affirmative. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s beliefs and assumptions. We cannot guarantee that we actually will achieve the plans, intentions or expectations disclosed in the forward-looking statements made. Such forward-looking statements, and all phases of our operations, involve a number of risks and uncertainties, any one or more of which could cause actual results to differ materially from those described in our forward-looking statements. Such risks and uncertainties include or relate to, among other things: we may be unable to reduce costs or increase revenues sufficiently to achieve estimated EBITDA and other targets; landfill operations and permit status may be affected by factors outside our control, continuing weakness in general economic conditions and in the commodities markets and poor weather conditions may affect our revenues; we may be required to incur capital expenditures in excess of our estimates; and fluctuations in the commodity pricing of our recyclables may make it more difficult for us to predict our results of operations or meet our estimates. There are a number of other important risks and uncertainties that could cause our actual results to differ materially from those indicated by such forward-looking statements. These additional risks and uncertainties include, without limitation, those detailed in Item 1A, “Risk Factors” in our Form 10-K for the year ended April 30, 2008. We do not necessarily intend to update publicly any forward-looking statements whether as a result of new information, future events or otherwise, except as required by law. CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONSOLIDATED STATEMENTS OF OPERATIONS Unaudited (In thousands, except amounts per share) Three Months Ended Six Months Ended ———————— ———————— October 31, October 31, October 31, October 31, 2007 2008 2007 2008 ———– ———– ———– ———–Revenues $ 150,483 $ 157,538 $ 299,009 $ 315,442Operating expenses: Cost of operations 95,621 103,728 192,525 208,170 General and administration 18,898 18,299 36,766 36,739 Depreciation and amortization 20,136 19,505 40,044 38,975 ———– ———– ———– ———– 134,655 141,532 269,335 283,884 ———– ———– ———– ———–Operating income 15,828 16,006 29,674 31,558Other expense/(income), net: Interest expense, net (1) 10,785 10,253 21,399 20,227 Loss from equity method investments 1,487 1,045 3,638 2,173 Other (income) expense 35 (64) (2,360) (152) ———– ———– ———– ———– 12,307 11,234 22,677 22,248 ———– ———– ———– ———–Income from continuing operations before income taxes and discontinued operations 3,521 4,772 6,997 9,310Provision (benefit) for income taxes (416) 2,706 714 5,023 ———– ———– ———– ———–Income from continuing operations before discontinued operations 3,937 2,066 6,283 4,287Discontinued Operations: Loss from discontinued operations, net of income taxes (2) (3) (4) (670) – (1,274) (11) Loss on disposal of discontinued operations, net of income taxes (2) (4) (437) – (437) (34) ———– ———– ———– ———–Net income available to common stockholders $ 2,830 $ 2,066 $ 4,572 $ 4,242 =========== =========== =========== ===========Common stock and common stock equivalent shares outstanding, assuming full dilution 25,652 25,745 25,592 25,720 =========== =========== =========== ===========Net income per common share $ 0.11 $ 0.08 $ 0.18 $ 0.17 =========== =========== =========== =========== ———– ———– ———– ———–EBITDA (6) $ 35,964 $ 35,511 $ 69,718 $ 70,533 =========== =========== =========== =========== CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED BALANCE SHEETS Unaudited (In thousands) April 30, October 31, ASSETS 2008 2008 ———– ———–CURRENT ASSETS: Cash and cash equivalents $ 2,814 $ 3,110 Restricted cash 95 96 Accounts receivable – trade, net of allowance for doubtful accounts 62,233 66,222 Other current assets 30,343 32,206 ———– ———–Total current assets 95,485 101,634Property, plant and equipment, net of accumulated depreciation 488,028 501,263Goodwill 179,716 179,930Intangible assets, net 2,608 2,680Restricted cash 13,563 13,602Investments in unconsolidated entities 44,617 41,832Other non-current assets 12,070 15,515 ———– ———–Total assets $ 836,087 $ 856,456 =========== =========== LIABILITIES AND STOCKHOLDERS’ EQUITYCURRENT LIABILITIES: Current maturities of long-term debt $ 2,758 $ 2,002 Accounts payable 51,731 47,340 Other accrued liabilities 58,335 47,512 ———– ———–Total current liabilities 112,824 96,854Long-term debt, less current maturities 559,227 562,280Financing lease obligations – 11,674Other long-term liabilities 39,354 48,406Stockholders’ equity 124,682 137,242 ———– ———–Total liabilities and stockholders’ equity $ 836,087 $ 856,456 =========== =========== CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS Unaudited (In thousands) Six Months Ended ———————— October 31, October 31, 2007 2008 ———– ———–Cash Flows from Operating Activities:Net income $ 4,572 $ 4,242Loss from discontinued operations, net 1,274 11Loss on disposal of discontinued operations, net 437 34Adjustments to reconcile net income to net cash provided by operating activities – Gain on sale of equipment (418) (577) Depreciation and amortization 40,045 38,975 Depletion of landfill operating lease obligations 3,348 3,520 Income from assets under contractual obligation (1,367) (114) Preferred stock dividend 1,038 – Amortization of premium on senior notes (307) (331) Maine Energy settlement (2,142) – Loss from equity method investments 3,638 2,173 Stock-based compensation 505 954 Excess tax benefit on the exercise of stock options (16) (157) Deferred income taxes 691 4,647 Changes in assets and liabilities, net of effects of acquisitions and divestitures (15,988) (14,160) ———– ———– 29,027 34,930 ———– ———– Net Cash Provided by Operating Activities 35,310 39,217 ———– ———–Cash Flows from Investing Activities: Acquisitions, net of cash acquired (93) (458) Additions to property, plant and equipment – growth (7,965) (8,232) – maintenance (35,025) (29,964) Payments on landfill operating lease contracts (2,413) (1,825) Proceeds from divestitures – 670 Other 2,554 (1,501) ———– ———– Net Cash Used In Investing Activities (42,942) (41,310) ———– ———–Cash Flows from Financing Activities: Proceeds from long-term borrowings 221,605 60,000 Principal payments on long-term debt (149,468) (59,104) Redemption of Series A redeemable, convertible preferred stock (75,056) – Proceeds from exercise of stock options 286 1,289 Excess tax benefit on the exercise of stock options 16 157 ———– ———– Net Cash Provided by (Used in) Financing Activities (2,617) 2,342 ———– ———–Cash Provided by Discontinued Operations 51 47 ———– ———–Net increase (decrease) in cash and cash equivalents (10,198) 296Cash and cash equivalents, beginning of period 12,366 2,814 ———– ———–Cash and cash equivalents, end of period $ 2,168 $ 3,110 =========== =========== CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES NOTES TO CONSOLIDATED FINANCIAL STATEMENTS Unaudited (In thousands)Note 1: The Company’s Series A redeemable, convertible preferred stock (“Series A preferred”) contained a mandatory redemption provision effective August 11, 2007. As the Company did not anticipate that the Series A preferred would be converted to Class A Common Stock by the redemption date, the Company reflected the redemption value of the Series A preferred as a current liability. Consistent with this presentation, the Company recorded the Series A preferred dividend as interest expense in the three and six months ended October 31, 2007. The Series A preferred was redeemed effective August 11, 2007 at an aggregate redemption price of $75,057.Note 2: The Company divested its Buffalo, N.Y. transfer station, hauling operation and related equipment during the quarter ended October 31, 2007. The transaction required discontinued operations treatment under SFAS No. 144, therefore the operating results of these operations have been reclassified from continuing to discontinued operations for the three and six months ended October 31, 2007. For the three and six months ended October 31, 2007, the Company recorded a loss from discontinued operations (net of tax) of ($273) and ($810), respectively. For the three and six months ended October 31, 2007, the Company recorded a loss on disposal of discontinued operations (net of tax) of ($437).Note 3: The Company terminated its operation of MTS Environmental, a soils processing operation in the quarter ended April 30, 2008. The transaction required discontinued operations treatment under SFAS No. 144, therefore the operating results of this operation have been reclassified from continuing to discontinued operations for the three and six months ended October 31, 2007. For the three and six months ended October 31, 2007, the Company recorded a loss from discontinued operations (net of tax) of ($478) and ($650), respectively.Note 4: The Company divested its FCR Greenville operation in the quarter ended July 31, 2008. The transaction required discontinued operations treatment under SFAS No. 144, therefore the operating results of this operation have been reclassified from continuing to discontinued operations for the three and six months ended October 31, 2007. For the three and six months ended October 31, 2007 and 2008, the Company recorded a gain /(loss) from discontinued operations (net of tax) of $81, $0, $186 and ($11), respectively. For the six months ended October 31, 2008, the Company recorded a loss on disposal of discontinued operations (net of tax) of ($34).Note 5: Return on Net Assets, (RONA), is defined as twelve months of operating income (excluding all unusual or non-recurring items) divided by the average for the five quarter-ends, commencing on the day preceding such twelve-month period, of the sum of working capital (net of cash) plus the net book value of property, plant and equipment plus goodwill and net intangible assets.Note 6: Non – GAAP Financial MeasuresIn addition to disclosing financial results prepared in accordance with Generally Accepted Accounting Principles (GAAP), we also disclose earnings before interest, taxes, depreciation and amortization, (EBITDA) and free cash flow, which are non-GAAP measures.These measures are provided because we understand that certain investors use this information when analyzing the financial position of the solid waste industry, including us. Historically, these measures have been key in comparing operating efficiency of publicly traded companies within the industry, and assist investors in measuring our ability to meet capital expenditures, payments on landfill operating lease contracts and working capital requirements. For these reasons, we utilize these non-GAAP metrics to measure our performance at all levels. EBITDA and free cash flow are not intended to replace “Net cash provided by operating activities”, which is the most comparable GAAP financial measure. Moreover, these measures do not necessarily indicate whether cash flow will be sufficient for such items as working capital, payments on landfill operating lease contracts or capital expenditures, or to react to changes in our industry or to the economy generally. Because these measures are not calculated by all companies in the same fashion, they may not be comparable to similarly titled measures reported by other companies. Following is a reconciliation of EBITDA to Net Cash Provided by Operating Activities: Three Months Ended Six Months Ended —————— —————— October October October October 31, 31, 31, 31, 2007 2008 2007 2008 ——– ——– ——– ——–Net Cash Provided by Operating Activities $ 15,078 $ 19,430 $ 35,310 $ 39,217Changes in assets and liabilities, net of effects of acquisitions and divestitures 11,232 7,149 15,988 14,160Deferred income taxes 165 (2,212) (691) (4,647)Stock-based compensation (289) (565) (505) (954)Excess tax benefit on the exercise of stock options 16 126 16 157Provision (benefit) for income taxes (416) 2,706 714 5,023Interest expense, net 10,785 10,253 21,399 20,227Preferred stock dividend (113) – (1,038) -Amortization of premium on senior notes 156 167 307 331Depletion of landfill operating lease obligations (1,491) (1,797) (3,348) (3,520)Income from assets under contractual obligation 629 25 1,367 114Gain on sale of equipment 177 293 418 577Other (income) expense, net 35 (64) (219) (152) ——– ——– ——– ——–EBITDA $ 35,964 $ 35,511 $ 69,718 $ 70,533 ======== ======== ======== ======== CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES Unaudited (In thousands) Following is a reconciliation of Free Cash Flow to Net Cash Provided by Operating Activities: Three Months Ended Six Months Ended —————— —————— October October October October 31, 31, 31, 31, 2007 2008 2007 2008 ——– ——– ——– ——–EBITDA $ 35,964 $ 35,511 $ 69,718 $ 70,533Add (deduct): Cash interest (14,471) (14,618) (19,154) (20,463) Capital expenditures (20,642) (15,767) (42,990) (38,196) Cash taxes (1,459) (13) (1,770) (258) Depletion of landfill operating lease obligations 1,491 1,797 3,348 3,520 Change in working capital, adjusted for non-cash items (2,886) (743) (10,303) (10,778) ——– ——– ——– ——–FREE CASH FLOW (2,003) 6,167 (1,151) 4,358Add (deduct): Capital expenditures 20,642 15,767 42,990 38,196 Other (3,561) (2,504) (6,529) (3,337) ——– ——– ——– ——–Net Cash Provided by Operating Activities $ 15,078 $ 19,430 $ 35,310 $ 39,217 ======== ======== ======== ======== CASELLA WASTE SYSTEMS, INC. AND SUBSIDIARIES SUPPLEMENTAL DATA TABLES (Unaudited) (In thousands)Amounts of the Company’s total revenues attributable to services providedare as follows: Three Months Ended Six Months Ended October 31, October 31, ——————- ——————- 2007 2008 2007 2008 ——— ——— ——— ———Collection $ 69,178 $ 70,094 $ 138,331 $ 141,422Landfill / disposal facilities 28,966 30,866 58,169 59,909Transfer 7,691 8,717 15,038 17,920Recycling 44,648 47,861 87,471 96,191 ——— ——— ——— ———Total revenues $ 150,483 $ 157,538 $ 299,009 $ 315,442 ========= ========= ========= =========Components of revenue growth for the three months ended October 31, 2008compared to the three months ended October 31, 2007: Percentage ———-Solid Waste Operations (1) Price 3.4% Volume -2.2% Commodity price and volume 0.2% ———-Total growth – Solid Waste Operations 1.4% ==========FCR Operations (1) Price 13.0% Volume 1.2% ———-Total growth – FCR Operations 14.2% ==========Rollover effect of acquisitions (2) 0.7%Total revenue growth (2) 4.7%(1) – Calculated as a percentage of segment revenues.(2) – Calculated as a percentage of total revenues.Solid Waste Internalization Rates by Region: Three Months Ended Six Months Ended October 31, October 31, —————— —————
Doc Rivers, like all NBA coaches, preaches defense. It can help a team win when its offense is off.Such was the case Thursday night at New Orleans. On a night when the Clippers shot 38.9 percent as a team – due in part to Chris Paul’s 3 of 18 performance – the team needed to be stingy. Luc Mbah a Moute, in particular, was just that in the Clippers’ 95-89 victory.Mbah a Moute scored just four points in 27 minutes, but he helped hold Pelicans leading scorer Anthony Davis to 14 on 7 of 17 shooting; Davis averages 23.1 points. Rivers noticed, and doled out praise.“You know, it’s a great example and we talk about it all the time,” said Rivers, whose team will take on the lowly Philadelphia 76ers on Saturday night at 7:30 at Staples Center (on Prime Ticket). “Your offense is going to let you down and you have to be prepared for that. We had great offense all year and tonight they let is down. We couldn’t make shots, but we won the game because we dug in the entire game defensively. “It won’t say statistically, but Luc was the star tonight. Luc guarded (Anthony) Davis as well as you can guard and doing that allowed everybody else to do their thing.”Other poor shooting games for the Clippers belonged to Paul Pierce (1 of 6), Wesley Johnson (3 of 10) and Austin Rivers (3 of 9).Winning without Blake GriffinThe Clippers (21-13) won all five games of the just-concluded road trip, the first of those games coming against the host Lakers at Staples Center on Christmas night. Blake Griffin played in that game, but that’s where he sustained a partially torn quad tendon. He hasn’t played since and won’t for at least another week.Winning without Griffin has been very positive, but J.J. Redick wants Griffin back as soon as possible. Newsroom GuidelinesNews TipsContact UsReport an Error “I think our rotation has been better,” Redick said. “The bench has given us a lift, not just scoring, but with their energy and their spirit, which has been really good.“It’s hard to make any broad proclamations because we are going to need Blake Griffin for us to do what we want to do. It’s great to win these games without him, but let’s hurry up and get him back on the court.”Redick scored 26 points Thursday for the second consecutive night. He made 9 of 15 from the field, 4 of 7 from 3-point range. He is 9 of 13 from beyond the arc his past two games.Scouting the 76ersPhiladelphia took a record of 3-31 into its game New Years Day against the Lakers at Staples Center. The 76ers entered that game having actually won two of their previous three games – at Phoenix and at Sacramento.Rookie center Jahlil Okafor leads the team in scoring and rebounding with respective averages of 17.3 and 7.9.• Related: Lakers have no regret taking Russell before Okafor
Toure, 34, has won three Premier League titles and four domestic cups during his eight seasons at City.His outing was his first Premier League start of the season with his previous nine appearances having come off the bench.After the game a presentation was made to Toure by his brother and former City team-mate Kolo Toure, who had been invited as a surprise special guest by the club.Toure was given a lifetime season ticket at the club, a commemorative shirt and a film was also shown of his City career highlights on the big screen.He also received a huge cheer when he picked out his winning goal against arch-rivals Manchester United in the 2011 FA Cup semi-final as his favourite moment at the club.“The most important one was the goal against United,” he said when asked about his City highlights. Manchester, United Kingdom | AFP | Manchester City crowned a remarkable Premier League season on Wednesday by smashing records for points earned, goals scored and number of wins with a 3-1 victory against Brighton.City took their goals tally for the campaign to 105, their points total to 97 and their number of wins to 31, eclipsing previous best marks set by Chelsea.Pep Guardiola’s team last month sealed the title with five matches to spare and are now a whopping 20 points ahead of nearest challengers Manchester United.City can become the first team to reach 100 points in an English top-flight season if they beat Southampton on the final day on Sunday.Veteran midfielder Yaya Toure was made captain for his final home appearance and goals from Danilo, Bernardo Silva and Fernandinho ensured he finished on the winning side. Leonardo Ulloa scored for the visitors.Leroy Sane also shone, setting up all three goals, but the occasion belonged to Toure as the club celebrated the Ivorian’s outstanding service over the past eight years.Toure was recalled for his first Premier League start of the season and regular captain Vincent Kompany gave up the armband for the night.He played 85 minutes before leaving to a huge ovation having been in the thick of the action throughout.“Thank you for being such a wonderful team mate. If there is ever going to be a legend at this club it is this man,” said Kompany. Share on: WhatsApp
Chute Dogging – Derek HadlandGirls Goat Tying – Tommie Sue LittleBoys Goat Tying – Derek HadlandPoles – Hanna PedersonBreakaway – Garret PattonAdvertisement Sunday Junior:Barrels – Tommie Sue LittleBoys Breakaway – Tyrel RobertsGirls Breakaway – Tommie Sue LittleTeam Roping – Garret Patton & Dexter Patton Ribbon Roping – Tyrel Roberts & Hanna PedersonPoles – Kate WhiteChute Dogging – Zach MillikenBoys Goat Tying – Derek HadlandJunior Bulls – Zach MillikenGirls Goat Tying – Fallyn Mills. Saturday Junior: Girls Breakaway – Tommie Sue LittleAdvertisement Sunday Senior:Goats – Rylee TrenholmSaddle Bronc – Chance BurnellTeam Roping – Cole Spiers and K.C. SpiersAdvertisement Barrels – Anna RorisonBulls – K.C. Spiers Girls Breakaway – Kelsey DrinkallSteer Wrestling – Jess Robinson Team Roping – Chance BolinBulls – Ryan Wilson The final fall rodeo event of the year will take place in Chetwynd this weekend, October 5 and 6. Below are the winners from the Dawson Creek event.Saturday Senior:Goats – Rylee Trenholm – Advertisement -Breakaway Roping – Britney SwaffieldTie-down Roping – Jess RobinsonPoles – Britnet SwaffieldAdvertisement Junior Bulls – Dexter Patton
20 3. Diego Costa is Chelsea’s top scorer with 20 goals this season 20 20 18. Cesc Fabregas, despite 15 of his 27 appearances coming from the bench, has contributed four goals and 11 assists this term 9. N’Golo Kante, who lifted the top flight trophy with Leicester City last season, is only the eighth player to win titles with different Premier League clubs 20. John Terry will leave Chelsea at the end of this season 8. John Terry has captained Chelsea to a record five Premier League titles 12. After a disappointing debut campaign, Pedro has established his place in the Chelsea team Chelsea are this season’s Premier League champions.The terrible 2015/16 campaign is history, with Antonio Conte leading the Blues to a dominant title triumph in his debut term in English football.Michy Batshuayi was the unlikely hero at the Hawthorns, as a 1-0 win over West Brom sealed the trophy and the celebrations will have lasted long into the night.With emotions still running high, we’ve put together a gallery of the 20 best pictures from Chelsea’s victory at the Hawthorns.Scroll through the gallery above to relive the win. 5. Antonio Conte leads the celebrations at the Hawthorns 20 20 20 6. The Chelsea players throw manager Antonio Conte in the air 19. Gary Cahill has led by example this season, captaining the side in the absence of John Terry 20 20 20 20 16. Pedro, N’Golo Kante, Antonio Conte and David Luiz 20 11. Chelsea have been top of the table since mid-November 20 20 20 13. Is this Chelsea’s best title-winning team? 20 2. Cesc Fabregas can’t contain his happiness as Chelsea go one goal up at the Hawthorns 20 20 15. Michy Batshuayi was the unlikely hero 14. This season could be Diego Costa’s last at Chelsea, if reports are to be believed 20 7. Steve Holland, assistant first team coach, and Antonio Conte, first team head coach 20 20 10. Pedro, David Luiz, N’Golo Kante and Thibaut Courtois 4. Cesc Fabregas, David Luiz, Nemanja Matic and Gary Cahill 1. Michy Batshuayi celebrates as he scores the winner over West Brom to seal the Premier League trophy on Friday night – click the arrow above, right, to check out 19 more pictures as the Blues celebrate their title triumph 17. Chelsea fans celebrate a second Premier League title in three seasons
Here at ReadWriteStart, we frequently profile cities outside Silicon Valley that are thriving hot-spots for tech entrepreneurship. Our “Never Mind the Valley” series has featured cities like Austin, London, Montreal, New York, and Boulder.These cities tend to have strong business climates, but in particular they offer a strong community for startups – often, but not always, centered on universities. Frequently, these communities provide startup incubator or accelerator programs, or at the very least some sort of mentorship opportunities so that new entrepreneurs can work with those more established in the industry.As the new year kicks off, we’re looking for more cities to profile. You can contact us via email with your suggestions.Image credits: Minnesota Historical Society (via Flickr) 8 Best WordPress Hosting Solutions on the Market Top Reasons to Go With Managed WordPress Hosting Related Posts Tags:#start#tips Why Tech Companies Need Simpler Terms of Servic… A Web Developer’s New Best Friend is the AI Wai… audrey watters
Brazil becomes the world’s oyster when FIFA kicks off, with the host nation locking horns with 31 other national teams, Brazil is the spiritual home of football and the world is pouring in this long awaited pilgrimage. There’s hooting, screaming and cheering in the field as all football fans unite supporting their favorite teams. Others, sitting at home are glued to their idiot boxes, avoiding blinking their eye.Football has always been more like a religion to people across the globe and interestingly it has a wide scope if pursued as a career.Does football give you an adrenaline rush? Do you have extraordinary foot-balling talent, motivation to work hard and will to improve your performance level then being a footballer could be ideal for you.Usually a career in football begins at a young age. Scouts from professional clubs are sent out to look for promising youngsters who are then invited for trials. If successful, they are then invited to join as a youth player and if they are good enough they may eventually be signed as a professional once they reach the required age.The work:Playing in matches against other teams in your league.Attending exhaustive regular training sessions to improve your skills and general fitness.Working on tactics, watching videos of matches and analysing your strengths and weaknessesWorking and interacting with specialists such as physiotherapists, sports psychologists, coaches and your team manager to broaden your horizons and increase knowledge about the sport and your game.Seeking advice on diet and lifestyle from nutritionists and doctors.Hours:advertisementA footballer usually plays in matches in the evening or at weekends. Life of a footballer is very tiring as it involves a lot of travelling with your club or national team for matches being hosted in different countries. The sport requires daily training to stay in shape and fit.Income:Individual earnings vary widely depending on the reputation, game, skills and talent of the player. To some extent it also depends on the club a player is playing for. Increment in earnings can happen by performance-related bonuses, appearance fees, endorsements and sponsorship. Training and development:If you are age 16 to 18, you may be able to train on the Advanced Apprenticeship in Sporting Excellence (AASE) scheme. You would work towards the Level 3 (NVQ) Diploma in Achieving Excellence in Sports Performance. If you’re keen on making football your career then you must keep up the passion and play on various levels, be an opportunity spotter join reputed academies that help improve your skills and turn your passion in to a well paying career.A footballer needs to follow a strict training regime to keep up your skills and general fitness.Skills, interests and qualities:To become a footballer you should have:exceptional foot-balling talenthunger to competeself-disciplinepassion for the sportcommitment and dedication to improving your performancegood team work skillsa high level of fitness and staminathe ability to cope with the stresspersistence and determinationability to face challengesstrength to fight failureaggression channelized in the right directionstrength to perform under pressurefocus in the gameScope:The sport requires tremendous fitness. Football is backed by a good pay if you’re going good but the average professional playing career is relatively short and for most players is over by their early thirties. It could also be interrupted or cut short by injury.
APTN National News OTTAWA–Truth and Reconciliation Commissioner Murray Sinclair says he will again take the battle over historical Indian residential school documents to the courts if Ottawa continues to resist its “obligation” to turn over the full archive.Sinclair spoke to APTN National News Tuesday following the release of the spring Auditor General’s report earlier in the day.The report found that nearly three years after the work began and with a year left before the TRC’s mandate ends next year, no one knows how much it will cost to gather all the historical documents, who will pay for it or what materials are even “relevant” for the project.The TRC was created as a result of the multi-billion dollar Indian residential school settlement and part of its mandate includes compiling and preserving the historical record.The Auditor General’s report found that the TRC and the federal department of Aboriginal Affairs had failed to find “common ground” on the transfer of historical documents from Ottawa’s vaults.Sinclair, however, said the report was an “endorsement” of the TRC’s continued battle with Ottawa over the release of the historical material.“It’s their legal obligation, it’s not their discretion. They don’t have a choice in this, they are legally obligated,” said Sinclair..If the federal government doesn’t comply, then the TRC will again take Ottawa to court.“The matter will be back in front of the judges who approved the settlement agreement, who continue to have a supervisory role with respect to the conduct of the parties and we won’t hesitate to take it back to them if necessary,” said Sinclair.In Ottawa, Aboriginal Affairs Minister Bernard Valcourt defended his government’s handling of the Indian residential school documents.Valcourt said during question period that the federal government has already handed over 3.5 million documents to the TRC and that he met with Sinclair in Montreal last week.“Our government is committed to a fair and lasting resolution to the legacy of Indian residential schools,” said Valcourt, after facing questions from the NDP. “This is an ongoing process and we are committed to continuing working with the commission.”NDP MP and Cree politician Romeo Saganash, whose brother who died in residential school, demanded during question period that Valcourt commit to releasing all documents requested by the TRC.“Will the minister rise today and solemnly commit and send the commission all the documents they request?” said Saganash, who also attended residential school.Valcourt, however, did not directly respond to the question, but repeated his prepared line about the 3.5 million documents.“Who is talking about politicizing the issue? That is what he is doing by ignoring the facts. The fact is that the government’s commitment is clearly reflected in the work of the Commission,” said Valcourt.The Auditor General’s report found that the TRC and the federal department couldn’t agree on what constituted relevant documents, where to search, what time frames the documents would cover, what formats to use and who would pay for it all.“The scope of the undertaking is still undefined. Canada and the Commission need to cooperate in order to assess what has been accomplished, what remains to be done, how long this will take and what resources are required,” said the report.The issue has already hit Federal Court once. On Jan. 30, 2012, the court ruled that Canada’s obligation included documents held in the vaults of Library and Archives Canada.The department had taken the position that Canada’s responsibility did not include searching for additional archival documents and federal departments did not have to go digging at Library and Archives Canada.The department effectively transferred that responsibility to the TRC which “strongly disagreed” and held to its claim that the federal government’s responsibility included finding archived [email protected]@APTNNews
CALGARY – Kinder Morgan Canada Ltd. said Wednesday that the Trans Mountain pipeline expansion project could be a year behind schedule as it continues to encounter permitting delays.The estimate is three months further behind from the company’s last estimate in December, and now potentially puts the $7.4-billion project in service by Dec. 2020 depending on regulatory, permit and legal approvals.Calgary-based Kinder Morgan Canada (TSX:KML) said it has scaled back spending in 2018 to focus on securing needed final approvals for the project, which faces significant opposition from numerous Indigenous groups, environmentalists and municipalities in British Columbia.Steven Kean, chief executive of American parent company Kinder Morgan, said on an investor call that the company will hold back on major construction spending until it has more confidence in the reliability and timing for getting permits for the project that would close to triple the capacity of the Trans Mountain system.“We’re not going to get all the permits before we would begin construction, but we do need to see that there’s a process in place and we can count on it.”The company scored a victory for its project in early December when the National Energy Board ruled in its favour, allowing it to bypass some bylaws in Burnaby, B.C., that were found to be obstructing the project.The regulator has not, however, made a decision on establishing a process to deal with potential future permitting delays for the project, as requested by the company.Kinder Morgan Canada repeated in its earnings results that if the project continues to face unreasonable regulatory risk the company may not be able to proceed with the project, but Kean downplayed the chances on the call.“We don’t expect to find ourselves in an untenable position, but we’ve made that point in the filings seeking the relief that we’ve asked for from the regulator — and so we’ve said the same thing to our investors that we said to the regulator.”Kinder Morgan Canada, which also operates the existing Trans Mountain pipeline as well as other oil and gas transportation and infrastructure, reported net income of $46.4 million for the three months ending Dec. 31, up from $17.8 million a year earlier.
LOS ANGELES — Ailing 95-year-old media mogul Sumner Redstone has settled a series of lawsuits pitting him against his ex-girlfriend days before a trial was set to begin.Redstone’s attorney, Robert Klieger, said Tuesday that Manuela Herzer will return $3.25 million that Redstone had given her and relinquish any claim she has over his estate or health.The settlement agreement says it ends seven lawsuits and countersuits between Redstone and Herzer that began in 2015 after their breakup and involve his estate, allegations of elder abuse and invasion of privacy.Sumner, the majority shareholder of CBS and Viacom, said he had given Herzer tens of millions of dollars.The legal fight had largely centred on whether Redstone, who has been in mental decline, was able to testify and make decisions for himself.The Associated Press