26 Oct

USC 5-Star Freshman WR Reportedly Mulling A Transfer

first_imgA general view of the Los Angeles Memorial Coliseum.LOS ANGELES, CA – OCTOBER 24: Clouds over the Los Angeles Memorial Coliseum turn pink in color as the sun sets during the Oregon State Beavers and USC Trojans college football game at Los Angeles Memorial Coliseum on October 24, 2009 in Los Angeles, California. (Photo by Kevork Djansezian/Getty Images)A USC Trojans’ five-star freshman wide receiver is reportedly already considering a transfer out of the program.Bru McCoy, a five-star wide receiver in the 2019 class, is reportedly “mulling” a transfer to another major program.Rivals.com is reporting that McCoy is considering a transfer into the Texas Longhorns’ program.“BREAKING: USC freshman wide receiver Bru McCoy mulling a transfer to Texas,” Adam Maya tweeted.BREAKING: USC freshman wide receiver Bru McCoy mulling a transfer to Texas. https://t.co/cnSzh5SIZH pic.twitter.com/hbZLJWhVum— Adam Maya (@AdamJMaya) January 24, 2019McCoy, a 6-foot-2 wide receiver, is ranked the No. 9 overall recruit in the 2019 class by 247Sports’ Composite Rankings.The coveted athlete is set to be named the Maxwell Football Club Offensive Player of the Year.Chosen 25 athletes WR Bru McCoy and DE Nolan Smith will be named the Maxwell Football Club Offensive and Defensive National High School Players of the Year presented by Adidas, respectively, USA TODAY HSS has learned.McCoy led Mater Dei (Santa Ana, Calif.) to a National Championship with 78 receptions, 1,428 yards and 18 touchdowns against some of the top competition in the nation, including St. John Bosco (Bellflower, Calif.) and IMG Academy (Bradenton, Fl.)McCoy has already enrolled at USC, so he would likely need a waiver from the NCAA in order to play immediately at Texas in 2019.Stay tuned.last_img read more

24 Oct

Tanker Investments Adds Four More to Its Fleet

first_imgzoom Tanker Investments Ltd. said that it has agreed to acquire two 2012-built coated Aframax tankers from a third party for an aggregate purchase price of $95 million.These two vessels are expected to join Tanker Investments’ fleet upon closing in late-May and early-June 2014 and will continue to trade in the Teekay Taurus Pool.The company has also agreed to acquire two 2010-built Very Large Crude Carriers (VLCCs) for an aggregate purchase price of $154 million from Teekay Tankers Ltd. The acquisition of these two vessels is expected to close on May 9, 2014.Tanker Investments said that intends it to finance the acquisition of these four vessels with existing cash balances and by drawing a portion of the company’s new $200 million revolving credit facility, which is expected to be finalized in May 2014.With the purchase of these four vessels, and the previously announced acquisition of five Aframaxes, the company has now invested all of the equity proceeds raised as part of the $250 million private placement and $175 million initial public offering.“Following Tanker Investments’ successful launch and subsequent initial public offering on the Oslo Stock Exchange in March, we have been focusing on executing on our strategic plan to grow our fleet through attractively-priced acquisitions,” commented William Hung, Tanker Investments’ Chief Executive Officer.“We view our investment in VLCCs as an opportunistic addition to our tanker portfolio timed to take advantage of an expected rally in VLCC freight rates and asset prices that we believe may occur earlier than other segments, and the coated Aframax investment provides us with optionality to trade these ships in the crude oil or clean products trade.”Mr. Hung continued, “While Tanker Investments’ fleet has grown to 13 vessels in just five months, with vessel prices currently still well below long-term average levels, we intend to use our strong balance sheet and liquidity position to continue growing Tanker Investments’ fleet to take advantage of the firming fundamentals that are expected to have a positive impact on tanker asset values.”Press Release, May 9, 2014; Image: Tanker Investmentslast_img read more