FILE – In this June 10, 2016 file photo, Cleveland Cavaliers forward LeBron James (23) drives on Golden State Warriors guard Klay Thompson, left, during the second half of Game 4 of basketball’s NBA Finals in Cleveland. Golden State won 108-97. The game, which aired on ABC, was the top viewed program for the week of June 6-12, watched by 16.57 million. (Ronald Martinez/Pool Photo via AP, File) by Frazier Moore, The Associated Press Posted Jun 14, 2016 11:15 am MDT Last Updated Jun 14, 2016 at 12:01 pm MDT AddThis Sharing ButtonsShare to TwitterTwitterShare to FacebookFacebookShare to RedditRedditShare to 電子郵件Email B-ball, ‘The Bachelorette’ help ABC to week’s rating win NEW YORK, N.Y. – Basketball and “The Bachelorette” helped propel ABC to a ratings win last week, while the Tony awards, “60 Minutes” and scripted reruns kept runner-up CBS represented in the Top 10 Programs roster.Games 4 and 3 of the NBA Finals clash between Cleveland and Golden State ranked first and second for the week, according to the Nielsen Co.NBC’s “America’s Got Talent” was third, followed by a “Hamilton”-revived Tonycast and “60 Minutes.” Two editions of “The Bachelorette” ranked seventh and ninth.ABC won the week in prime time, averaging 6.6 million viewers, while CBS averaged 5.4 million viewers. Third-place NBC had 5.1 million, while Spanish-language Univision had 2.2 million, beating Fox’s 2.1 million. Reruns-sporting ION Television (with 1.5 million) and Spanish-language Telemundo (1.4 million) trounced the CW’s 860,000.Fox News Channel was the week’s most popular cable network, averaging 2.13 million viewers in prime time. HGTV had 1.54 million, and USA had 1.35 million.ABC’s “World News Tonight” topped the evening newscasts with an average of 8.2 million viewers. NBC’s “Nightly News” had 7.3 million and the “CBS Evening News” had 6.4 million. But it was a disrupted week of numbers-gathering due to basketball and hockey sportscasts. The newscasts of NBC and ABC were each measured only three of five days — with a different combination of those days for each network.For the week of June 6-12, the top 10 shows, their networks and viewerships: NBA Finals: Cleveland vs. Golden State, Game 4, ABC, 16.57 million; NBA Finals: Cleveland vs. Golden State, Game 3, ABC, 16.47 million; “America’s Got Talent,” NBC, 10.79 million; Tony Awards, CBS, 8.72 million; “60 Minutes,” CBS, 7.86 million; “Game of Thrones,” HBO, 7.60 million; “The Bachelorette” (Monday), ABC, 6.90 million; “NCIS,” CBS, 6.79 million; “The Bachelorette” (Tuesday), ABC, 6.77 million; “The Big Bang Theory,” CBS, 6.61 million.___ABC is owned by The Walt Disney Co. CBS is owned by CBS Corp. CW is a joint venture of Warner Bros. Entertainment and CBS Corp. Fox is owned by 21st Century Fox. NBC and Telemundo are owned by Comcast Corp. ION Television is owned by ION Media Networks.___Online: read more

first_imgGFMS launched its annual Copper Survey this week, which estimates that the copper market was in surplus of 777,000 t in 2009, as falling consumption in the majority of key markets more than offset the growth noted in China and production continued to increase, albeit at the margin. The consultancy said the main driver was strong investment demand for the red metal throughout the year. It noted global mine production increased by 2.4% in 2009, to reach 15.8 Mt, with rises in Africa and Asia, amounting to 14% and 15% year-on-year respectively. North American declines were partly offset by growth in Chilean production, culminating in output in the Americas overall falling by 1.9%.As Neil Buxton, Managing Director of the Base Metals division of the consultancy noted, “despite this outcome, prices climbed 141% from their annual low in January of a little more than $3,000/t to an end-year peak of $7,346/t, before rising further in the new year, peaking recently above $7,800/t”.Support was also provided by official stockpiling in China, an increase in work-in-progress inventories in the same country as well as modest improvements in supply-demand conditions as the year progressed, especially compared to their dire state in the first few months of 2009.GFMS: “although copper’s supply/demand fundamentals were negative for the price in 2009 and remain uninspiring this year-to-date, the outlook for them in the longer-term is positive for prices. Given projections of a persistently tight concentrate market, it is difficult to see how production will be able to keep up with the consumption recovery expected going forward. Realisation of this has undoubtedly been a principal factor driving investors to the red metal and can in large part explain why copper has outperformed the majority of other commodities.”One issue the Copper Survey addresses is the short to medium-term outlook for copper prices. “The key question here”, Buxton argued, “is whether the momentum provided by investment demand will be maintained through to a time when an improvement in supply-demand conditions can take over the reins. Developments so far this year suggest that the answer is yes.” The limited extent of the recent correction and the fact that speculators and consumers found prices well above $6,000/t low enough to rush back into copper is supportive of this view.At the same time, GFMS acknowledges the price currently stands at levels already elevated and that in the upper-$7,000s it is difficult to see a new wave of money moving into the market, at least until the time when supply-shortages emerge. Elsewhere, it says, “yield-hungry speculators are likely to actively trade copper-related news, macro developments and movements in other asset classes and this will likely maintain considerable volatility in the price.”To conclude, GFMS expects that the above forces will most probably see copper prices go through a period of consolidation over the next few months and breaches through the February low and the end-March high are expected to be limited and short-lived. As the market moves into deficit towards the end of 2010, strong investment demand is likely to re-emerge. This will probably lead to more noteworthy advances and GFMS would expect copper prices to exceed $8,000/t before the end of the year.Highlights of the report include:Estimated global average cash costs (C1) declined by 5.9% in 2009 to reach 99.5 ¢/lb, equivalent to $2,194/t. The decline was fuelled by weaker producing country currencies, lower input prices and higher gold by-product creditsGlobal refined production rose by 0.9% last year to reach 18.4 Mt. A tight concentrate market compounded with lower scrap availability, in the aftermath of the collapse in copper consumption in the second half of 2008 and over much of last year, limited growthIn spite of dire conditions in most key markets, global consumption posted a limited decline of 1.7% last year, to reach 17.6 Mt overall. The relatively benign outcome was almost exclusively due to China’s 26% year-on-year growth, fuelled by an aggressive fiscal stimulus and loose monetary policy in the country. In contrast, demand in the majority of mature economies posted double digit declines.last_img read more