Thursday, May 31, 2012

Daily News Digest: Reuters Sports News Headlines - Yahoo! News

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Thursday, May 31, 2012 8:30 PM PDT
Today's Reuters Sports News Headlines - Yahoo! News:
UPDATE 1-F1 delays $3 bln Singapore IPO on weak markets
Thu,31 May 2012 07:41 PM PDT
Reuters - * Formula One IPO delay adds the chill in global IPOs * F1 had been scheduled to file Singapore IPO prospectusnext week * Global IPOs down 46 pct this year LONDON/SINGAPORE, June 1 (Reuters) - Motor sport racingcompany Formula One has delayed its Singapore initial publicoffer worth up to $3 billion due to weak markets, with thesport's boss and part-owner, Bernie Ecclestone, saying the firmis waiting until the time is right. ... Full Story
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F1 drops plan to lodge IPO prospectus next week - source
Thu,31 May 2012 06:31 PM PDT
Reuters - SINGAPORE, June 1 (Reuters) - Motor racing business FormulaOne Group has decided to delay its initial public offer on theSingapore stock exchange, dropping plans to lodge a prospectuswith regulators there next week, a source familiar with thedecision said on Friday. The source, who was not authorised to speak publicly on thematter, said the offer, worth up to $3 billion, had not beenabandoned altogether but would not be going ahead for "sometime". Weak markets have hit planned IPOs hard, with luxuryjeweller Graff Diamonds pulling its offer on Thursday. ... Full Story
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Fatigued Mickelson pulls out of Memorial event
Thu,31 May 2012 06:18 PM PDT
Reuters -

Mickelson of the U.S. watches his tee shot on the third hole during the first round of the Memorial Tournament at Muirfield Village Golf Club in DublinDUBLIN, Ohio (Reuters) - Phil Mickelson, with next month's U.S. Open very much in mind, withdrew from the Memorial tournament due to fatigue after carding a seven-over-par 79 in Thursday's opening round. The American world number 12 pulled out of the elite event hosted by Jack Nicklaus at Muirfield Village Golf Club after covering his back nine in six-over 42. "I think mentally I'm a little bit fatigued," Mickelson told reporters. "The course here is in such great shape. It's a beautiful way to get ready for the U.S. Open. "But I'm hitting it so poorly ... ...


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UPDATE 1-Golf-Fatigued Mickelson pulls out of Memorial event
Thu,31 May 2012 06:10 PM PDT
Reuters - * Mickelson pulls out of event after shooting a 79 * Says he needs to rest before next month's U.S. Open (Adds detail, further quotes) DUBLIN, Ohio, May 31 (Reuters) - Phil Mickelson, with nextmonth's U.S. Open very much in mind, withdrew from the Memorialtournament due to fatigue after carding a seven-over-par 79 inThursday's opening round. The American world number 12 pulled out of the elite eventhosted by Jack Nicklaus at Muirfield Village Golf Club aftercovering his back nine in six-over 42. "I think mentally I'm a little bit fatigued," Mickelson toldreporters. ... Full Story
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Camelot set to revive O'Brien fortunes
Thu,31 May 2012 06:01 PM PDT
Reuters - LONDON (Reuters) - Potential Triple Crown champion Camelot can restore Irish trainer Aidan O'Brien's Epsom Derby fortunes on Saturday by following up his 2,000 Guineas triumph with another classic success. Full Story
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Formula One to delay Singapore IPO: WSJ
Thu,31 May 2012 05:46 PM PDT
Reuters - (Reuters) - Motor racing business Formula One Group has decided to delay its initial public offer on the Singapore stock exchange because of global market weakness, the Wall Street Journal said on Friday, quoting unnamed sources. It was worth up to $3 billion. Full Story
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Formula One to delay Singapore IPO - WSJ
Thu,31 May 2012 05:45 PM PDT
Reuters - June 1 (Reuters) - Motor racing business Formula One Grouphas decided to delay its initial public offer on the Singaporestock exchange because of global market weakness, the WallStreet Journal said on Friday, quoting unnamed sources. It wasworth up to $3 billion. Formula One, whose major shareholder is private equity firmCVC Capital Partners, was in pre-marketing mode and had beenplanning to launch a preliminary prospectus with the MonetaryAuthority of Singapore by June 5, the newspaper added. ... Full Story
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Welcome Memorial joy for Stallings and Levin
Thu,31 May 2012 05:44 PM PDT
Reuters - DUBLIN, Ohio (Reuters) - American journeymen Scott Stallings and Spencer Levin both had good reason to smile on Thursday after surging into contention at the Memorial tournament to bury memories of recent struggles on the PGA Tour. Full Story
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"Diddy" Combs son criticized for accepting football scholarship
Thu,31 May 2012 05:43 PM PDT
Reuters -

Musician Sean Combs arrives on the red carpet for the screening of the film Lawless at the 65th Cannes Film FestivalLOS ANGELES (Reuters) - The son of rap impresario Sean "Diddy" Combs is embroiled in a firestorm for accepting a football scholarship from UCLA that critics say should go to a more needy student, but the 18-year-old cornerback says he earned the award. Justin Dior Combs, whose father topped a Forbes list of hip hop's wealthiest this year with a net worth estimated at $550 million, comes to the California school from the private, Catholic Iona Preparatory School in New Rochelle, New York. ...


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Golf-Welcome Memorial joy for Stallings and Levin
Thu,31 May 2012 05:42 PM PDT
Reuters - DUBLIN, Ohio, May 31 (Reuters) - American journeymen ScottStallings and Spencer Levin both had good reason to smile onThursday after surging into contention at the Memorialtournament to bury memories of recent struggles on the PGA Tour. Stallings, who has missed the cut in his last sixtournaments, fired a sizzling six-under-par 66 to grab aone-shot lead in the first round while Levin enjoyed one of thebest putting days of his life to open with a 67. ... Full Story
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Devils' Swedes say Lidstrom retirement "sad" day for hockey
Thu,31 May 2012 05:34 PM PDT
Reuters - NEWARK, New Jersey (Reuters) - Swede Nicklas Lidstrom became the first European to captain a Stanley Cup champion and as he retired from the NHL on Thursday a handful of compatriots hoping to get their hands on the same trophy paid him tribute. Full Story
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Hall of Famer and humanitarian Twyman dies at age 78
Thu,31 May 2012 04:54 PM PDT
Reuters - (Reuters) - Hall of Famer Jack Twyman, a standout player in college and the National Basketball Association (NBA) and a champion for a paralyzed former team mate, died on Wednesday at the age of 78. Full Story
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Stallings sets Memorial pace, Tiger four back
Thu,31 May 2012 04:43 PM PDT
Reuters -

Tiger Woods of the U.S. chips out of the sand on the 16th hole during the first round of the Memorial Tournament at Muirfield Village Golf Club in DublinDUBLIN, Ohio (Reuters) - Tiger Woods, without playing at his best, moved into contention at the Memorial tournament on Thursday while fellow American Scott Stallings made a welcome return to form by charging into a one-shot lead.


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UPDATE 1-Golf-Stallings sets Memorial pace, Tiger four back
Thu,31 May 2012 04:39 PM PDT
Reuters - * Stallings takes control with late birdie flurry * Woods four off the pace after carding a 70 (Updates at end of round) DUBLIN, Ohio, May 31 (Reuters) - Tiger Woods, withoutplaying at his best, moved into contention at the Memorialtournament on Thursday while fellow American Scott Stallingsmade a welcome return to form by charging into a one-shot lead. Four-times champion Woods birdied three of the fourpar-fives in surprisingly firm and fast-running conditions at asun-drenched Muirfield Village Golf Club to card a two-under-par70, finishing four strokes behind Stallings. ... Full Story
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Talks to end Quebec student strike break down
Thu,31 May 2012 04:36 PM PDT
Reuters -

Quebec's Premier Jean Charest speaks during a news conference at the National Assembly in Quebec City(Reuters) - Talks broke down between Quebec's provincial government and student leaders on Thursday, scuttling a bid to settle a sometimes violent strike that started nearly four months ago. Quebec Premier Jean Charest said negotiations had been suspended because the parties were at an impasse. "Obviously we're disappointed," he said at a press conference in Quebec City. "Despite the fact that the talks were ... constructive, there is an important gap which separates the government and the student groups. ...


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