Ukraine MADRID (AP) Rafael Nadal and Fernando Verdasco both won on Friday to give Spain a 2-0 lead over Ukraine in their Davis Cup World Group playoff. Nadal overwhelmed Sergiy Stakhovsky 6-0, 6-0, 6-4 to secure the hosts’ second point on the outdoor red clay at the Caja Magica after Verdasco had rallied to beat Alexandr Dolgopolov 3-6, 6-4, 6-4, 6-2. “We have the series in hand, but it’s not over,” Nadal said. “We accomplished our goal for today and are happy with the wins. Let’s see if tomorrow we can get the decisive point.” The second-ranked Nadal showed no signs of weariness after his 13th Grand Slam title at the U.S. Open on Monday. Nadal said he felt fine returning to his preferred clay after the hard courts in New York. “I only had a short time to get used to clay gain, a surface I love,” he said. “Changing surfaces quickly is not the best thing for your legs.” Nadal needed 30 minutes to ease to a one-set lead. He then lowered that mark by four minutes to go ahead 2-0. Things were so dire for the 92nd-ranked Stakhovsky that when he finally won his first game, the 13th of the match, he pumped his arms in the air and was applauded by the smattering of Ukrainians and the rest of the Spanish crowd. Nadal last played for Spain in December 2011, when he won the decisive point of the final against Argentina to earn Spain its fifth title.
How Much Fuel Is Left In Air Canada’s Rally?
Had the government not extended the deadline, Air Canada would almost certainly have become insolvent. Then the rally hit a rough patch, as a double punch of capacity concerns and disappointing earnings overshadowed previous progress. But the airline made up for its earlier earnings shortfall with its most recent earnings, which handily beat expectations. This set off the most recent rally in shares, which now seem set to challenge the high reached earlier this year. What’s left? Despite rallying strongly over the past month, Air Canada shares are still well below their 52-week high of $3.40. The current momentum behind the shares could propel them to this level if the market acts in a similar way to the first part of the Air Canada rally. But earnings for the airline could also provide a boost to the stock. Businessweek has 2013 consensus EPS of $0.73 per share and 2014 consensus EPS of $0.96 giving the airline a 2013 P/E ratio of 4.5 for FY2013, and 3.4 for FY2014, based on the $3.25 close on Sept. 12. Investor image issues One of the drags on Air Canada’s share price, and part of the reason it went sub-dollar last summer, is a negative perception of the airline in the financial markets. While Air Canada did declare bankruptcy in 2003, all major U.S.-based carriers also have sought protection since the beginning of the millenium. Air Canada’s also been plagued by the success of rival carrier WestJet (TSX: WJA ) .
13, 2013. (AP Photo/Darko Vojinovic) By DUSAN STOJANOVIC/Associated Press/ September 13, 2013 Buy reprints BELGRADE, Serbia (AP) Milos Raonic served 34 aces to outlast Janko Tipsarevic in five sets Friday and tie the Davis Cup semifinal between Canada and Serbia at 1-1 after the opening singles matches. Raonic beat Tipsarevic 5-7, 6-3, 3-6, 6-3, 10-8 in a 4-hour, 11 minute marathon on an indoor clay court at Belgrade Arena. Earlier, top-ranked Novak Djokovic swept past Vasek Pospisil 6-2, 6-0, 6-4. Tipsarevic had a match point against the big-serving Raonic when leading 5-4 in the fifth set. Djokovic, coming off a four-set loss to Rafael Nadal in the U.S. Open final on Monday, won 12 consecutive games midway through his match and had no problem dispatching the 41st-ranked Canadian. He said he was still recovering from the change of the time zones and jet leg after arriving in the Serbian capital from New York on Wednesday. I’m glad the match was short, Djokovic said. I forced him to make mistakes. … I find additional inspiration while playing for my country. Pospisil said Djokovic played an amazing match and gave him no chance.