Joselyn

Maxwells allround performance will be key to Australias success in WC Cummins

first_imgLondon: Australia vice-captain Pat Cummins said teammate Glen Maxwell will a vital cog in the team as the all-rounder’s performance with the bat and ball would hold the key to their aspirations of winning the sixth World Cup. Australia have won two back-to-back ODI series — in India and against Pakistan — in the run up to World Cup and Maxwell has played an important role, hitting three half-centuries in their 5-0 series win in the UAE. Also Read – We don’t ask for kind of tracks we get: Bowling coach Arun A spell at Lancashire has also helped him adapt to the English conditions before the mega event. “I think the way he has turned games around for us in the last couple of months has been impressive with the bat and then he is also an option to bowl ten overs,” Cummins was quoted as saying by ICC media. “He is also able to get run-outs and take catches. You get all three facets out of him and he is always there in tough situations. He is probably our sixth bowler but on a good day he can get through all ten. He’s in good form,” the fast bowler added. Also Read – Bastian Schweinsteiger announces retirement, could join Germany set-up The defending champions won both their warm-up matches ahead of the World Cup — against England and Sri Lanka — and are now back as one of the favourites to lift the Cup. “Fans always expect us to do well and we are the same. Luckily, we have had a lot of success in the last 30 or 40 years so we are confident,” said Cummins. The 25-year-old said they have built a special team in the last six months. “We have played consistent cricket for the last few months. It can be hard to go from Test cricket to ODI cricket and adjust and build a settle team. But in the last six months, we have built a special team and everyone has found their roles.” Australia will begin their title defence against Afghanistan on June 1 at Bristol. “If you asked us six or 12 months ago who would be in the side, there would have been far more question marks. “Everyone feels like we are all in a good place, we have played a lot of games now. We are ready to play. We will just go through the usual routines now, nothing specific, just some low-key bits to make sure we are ready,” said Cummins.last_img read more

TSX rises on higher commodities

North American stock markets were mixed Friday morning, with resource stocks rising as the American dollar weakened after U.S. jobs data missed expectations.The Toronto market was positive with the S&P/TSX composite index ahead 93.88 points to 14,657.26 as traders continued to buy up resource stocks that were beaten down during the selloff that went on for much of October.The Canadian dollar put in a strong showing amid a strong employment readout for Canada and the weaker U.S. greenback, up 0.46 of a cent to 87.99 cents US.The economy created 43,100 jobs last month. Economists had forecast Canada would actually shed about 5,000 jobs after adding 74,000 jobs in September. The Canadian umemployment rate dropped sharply to 6.5 per cent from 6.8 per cent, the lowest since November 2008.New York markets were in the negative column after the U.S. economy generated 215,000 positions during the month, lower than the 235,000 reading that economists had expected. However, the U.S. jobless rate also fell, dropping to 5.8 per cent from 5.9 per cent. Also, U.S. job creation estimates for the past two months was revised upward by 31,000.New York’s Dow industrials fell 52.18 points to 17,502.29, the Nasdaq climbed 13.72 points to 4,624.75 while the S&P 500 index was down 4.4 points to 2,026.81.It was a relatively quiet morning on the earnings front where utility Fortis inc. (TSX:FTS) said that third-quarter profit fell about 70 per cent to $14 million, as it booked a number of non-recurring items related to its acquisition of Arizona-based gas and electric utility UNS Energy Corp. Excluding those items, the Newfoundland-based company had $72 million or 33 cents per share of net income. Its shares dipped a penny to $12.18.Athabasca Oil Corp. (TSX:ATH) said Friday it had a $19.9-million quarterly net loss and comprehensive loss, or five cents per share, while operations provided $7.2 million or two cents per share of positive funds flow. A year earlier, Athabasca had a net and comprehensive loss of $30.5 million or seven cents per share and operations had negative cash flow of $5.3 million or one cent per share. Its shares slipped six cents to $3.13.In other corporate developments, Bloomberg reported that Canadian Pacific Railway (TSX:CP) could be interested in going after Norfolk Southern, the second-largest railroad in the eastern U.S. CP made a pitch for rival carrier CSX during October.CSX “is not the only potential railroad we can merge with,” said Bill Ackman, a Canadian Pacific director and founder of hedge fund Pershing Square Capital Management LP. “I think the risk with CSX is we merge with” a rival to the Jacksonville, Florida-based carrier. CP slipped nine cents to $234.92 while Norfolk Southern gained three per cent.The TSX could be in for a modest advance at the end of a volatile week when energy shares were whipsawed as a move by Saudi Arabia to cut prices to its American customers pushed oil prices to three year lows. A higher U.S. dollar has also pressured commodities and resource stocks but the energy group, which makes up 25 per cent of the TSX, looked to end the week little changed.Resource stocks were supported by commodities which advanced while the greenback weakened following the American jobs data.The gold sector led TSX advancers, up 3.75 per cent while December bullion gained $7.50 to US$1,150.10 an ounce.The energy sector rose 1.5 per cent while December crude was 36 cents higher to US$78.27 a barrel.December copper was up three cents to US$3.04 a pound and the base metals sector ran ahead 2.4 per cent. read more