Luis Enrique has stepped down from his position as Spain head coach, with his assistant Robert Moreno taking over on a permanent basis.Former assistant coach Moreno oversaw Spain’s past three matches after Luis Enrique was granted leave following a family emergency in March and will remain in charge until the end of Euro 2020.Moreno and the Royal Spanish Football Federation (RFEF) were keen to see the former Barcelona boss return for the next international break in September. Editors’ Picks ‘There is no creativity’ – Can Solskjaer get Man Utd scoring freely again? ‘Everyone legged it on to the pitch!’ – How Foden went from Man City superfan to future superstar Emery out of jail – for now – as brilliant Pepe papers over Arsenal’s cracks What is Manchester United’s ownership situation and how would Kevin Glazer’s sale of shares affect the club? However, it was confirmed on Wednesday that Moreno will take on the job on a full-time basis in the latest coaching change for La Roja.”Luis Enrique has informed us that he will not continue as coach. I have to thank him, he has behaved with the RFEF in a ’10’ manner, we do not have the slightest rebuke. Our doors will always be open to him,” said RFEF president Luis Rubiales.”The decision of the RFEF is to trust Robert Moreno as the coach. He will continue on the same duration of the contract that was already signed. He will be in charge of taking us to Euro 2020 and of doing a good job if we qualify.”Moreno said: “I want to thank you [the RFEF] for placing your trust in us. It’s a bittersweet day.”I didn’t expect to be the head coach this way. We are going to try to continue the high-level work that Luis started.”And Luis Enrique also released a statement concerning his departure, stating: “As the reasons preventing me from carrying out my duties as national team coach since March continue today, I’ve decided to step down. “I’d like to thank the staff and players for their professionalism. Not forgetting the media for your discretion and respect.”Spain sacked Julen Lopetegui on the eve of last year’s World Cup after he agreed a deal with Real Madrid, before Luis Enrique came in for Fernando Hierro following an underwhelming tournament in Russia.The three-time European champions finished second behind England in their Nations League group but have since won their opening four Euro 2020 qualifiers.And their next set of qualification fixtures in Group F are scheduled for September 5 and 8, where they will face Romania and Faroe Islands respectively.
Astral Media Q3 profit up but misses analyst estimates by two cents a share by The Canadian Press Posted Jul 12, 2012 9:51 am MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email MONTREAL – Astral Media Inc.’s third-quarter profit was up seven per cent from a year ago but missed analyst estimates as it recorded unusual expenses related to its pending takeover by BCE Inc. and revenue fell short of expectations.The Montreal-based radio, television and outdoor advertising company (TSX: ACM.A) said its net income rose to $56.2 million or $1 per share.That was two cents below a consensus estimate of $1.02 per share compiled by Thomson Reuters.The quarter included $6.2 million of costs related to the BCE deal, although other costs related to Astral’s acquisitions were about $4 million lower than a year earlier.Astral’s revenue was also below analyst estimates, part of a trend in quarterly financial reports issued Thursday by several other Canadian media companies that rely heavily on advertising sales.TThey said their performance was good considering the difficult market environment.Astral reported $265.5 million in revenue for the three months ended May 31, down from $268 million a year earlier and nearly $13 million below the consensus estimate.“I am pleased by the third quarter results announced today and by Astral’s ability to continue to achieve a strong performance in spite of the challenging advertising market in which we operate,” Ian Greenberg, Astral’s president and chief executive officer said in his announcement.“Our relentless focus on maintaining our operational margins, commitment towards new product development and innovation, and optimal treasury management practices, enabled us to deliver another strong quarter of earnings growth.”Astral shares dipped a penny to $49.06.