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Liverpool powered seven points clear at the top of the Premier League as the title favourites survived a scare in their 3-1 win against Leicester, while Bruno Fernandes was sent off in Manchester United's dismal 2-0 defeat at lowly Wolves. Erling Haaland missed a penalty as crisis-torn Manchester City failed to end their dismal run with a 1-1 draw against Everton, but it was United's travails and Liverpool's remarkable run that took centre-stage on Thursday. Arne Slot's side were shocked by Jordan Ayew's early strike at Anfield, but the leaders recovered their composure to equalise just before the interval through Cody Gakpo. England midfielder Jones marked his 100th top-flight appearance with the second goal soon after half-time. Mohamed Salah's 19th goal this term wrapped up Liverpool's 11th win in their last 13 games in all competitions. "We created enough, but because we went 1-0 down it was a game," Liverpool manager Slot said. "Then you saw how good we are and Leicester didn't want to come back into the game." Liverpool's comeback lifted them well clear of second-placed Chelsea, who were defeated 2-1 by Fulham earlier in the day. United suffered a third successive loss in all competitions to leave new boss Ruben Amorim with five defeats in his first 10 games. Fernandes was dismissed two minutes into the second half at Molineux for a second bookable offence. United's 10 men cracked in the 58th minute when Matheus Cunha's corner went straight in as goalkeeper Andre Onana flapped under pressure. Hwang Hee-chan compounded Amorim's misery when he tapped in with just seconds left. Losing to fourth-bottom Wolves was another bitter blow for United, who endured a humiliating 3-0 defeat by Bournemouth at Old Trafford last weekend after losing 4-3 in the League Cup at Tottenham. With his team marooned in 14th place -- just eight points above the relegation zone -- Amorim's woes might not be over, with United facing in-form Newcastle on Monday before travelling to Liverpool in their first game of 2025. "It's so tough to win games in this league with 11 men. With 10 men, it's more difficult," Amorim said. Champions Manchester City have just one victory in their last 13 games in all competitions as their Christmas schedule started in disappointing fashion. Bernardo Silva put City in front early on before Iliman Ndiaye salvaged a point for Everton. Seven minutes into the second half, Haaland had the chance to end his longest goal drought at the Etihad but Jordan Pickford denied him. City are languishing in seventh place and sit five points adrift of the top four, with their astonishing decline showing no sign of ending. "Of course we need results and we didn't get it. The team played really good again in all departments and unfortunately could not win," said City boss Pep Guardiola. At Stamford Bridge, Chelsea were stunned by Fulham's late fightback in a dramatic west London derby. It was Chelsea's first home defeat against Fulham since 1979. Cole Palmer put Chelsea ahead after 16 minutes, the England forward drilling home from the edge of the area after weaving through the Fulham defence in dazzling style. But Fulham levelled with eight minutes left when Harry Wilson nodded in from close range. There was worse to come for the Blues when Rodrigo Muniz completed the turnaround in the 95th minute. Nottingham Forest climbed to third place after a 1-0 win against sputtering Tottenham at the City Ground. Forest's fourth successive win was sweet revenge for boss Nuno Espirito Santo, whose former club Tottenham had Djed Spence sent off in the closing moments for a second booking. Tottenham are stuck in 11th as the pressure mounts on boss Ange Postecoglou. Newcastle swatted aside 10-man Aston Villa 3-0, moving up to fifth place after winning three consecutive league games for the first time since 2023. Jarrod Bowen's 59th-minute goal gave West Ham a 1-0 win at bottom of the table Southampton after the visitors saw Guido Rodriguez's red card overturned by VAR. It was a frustrating start for new Saints boss Ivan Juric, who has replaced the sacked Russell Martin. Bournemouth and Crystal Palace shared a goalless draw at the Vitality Stadium. smg/nf
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NW_FG Akers 21, 9:31. ILL_Laughery 30 run (Olano kick), 8:12. NW_D.Turner 13 interception return (Akers kick), 2:14. ILL_Altmyer 1 run (Olano kick), 13:21. ILL_Laughery 64 run (Olano kick), 14:15. ILL_Altmyer 43 run (Olano kick), 10:08. NW_FG Akers 34, 5:35. NW_Henning 11 pass from Lausch (Akers kick), 1:34. ILL_Laughery 31 run (Olano kick), 12:15. ILL_FG Olano 24, 11:06. NW_Gordon 15 pass from Lausch (Lang pass from Lausch), 1:00. RUSHING_Illinois, Laughery 12-172, McCray 11-46, Altmyer 4-20, Valentine 7-16, Anderson 1-4, (Team) 2-(minus 3). Northwestern, Porter 12-53, Komolafe 8-32, Lausch 5-22, Himon 3-21, Boe 1-0. PASSING_Illinois, Altmyer 9-16-2-127. Northwestern, Lausch 26-50-2-293, Boe 3-11-1-33. RECEIVING_Illinois, Franklin 3-54, P.Bryant 3-27, Dixon 1-38, McCray 1-5, Arkin 1-3. Northwestern, Henning 10-119, Gordon 7-54, C.Johnson 3-38, Eligon 2-35, Kirtz 2-25, Wagner 2-24, Porter 1-25, Himon 1-4, Arthurs 1-2. MISSED FIELD GOALS_Northwestern, Akers 44.Schneider to acquire Cowan Systems for $390 million 11-30-2024 03:04 PM CET | Business, Economy, Finances, Banking & Insurance Press release from: ABNewswire Schneider National, Inc., a leading transportation and logistics services company, has entered into a definitive agreement to acquire Cowan Systems, LLC, a dedicated contract carrier based in Baltimore, Md., and its affiliated entities. The transaction, announced today, is valued at approximately $390 million in cash, with additional agreements to purchase related real estate assets for about $31 million. Cowan Systems brings to Schneider a dedicated fleet of approximately 1,800 trucks and 7,500 trailers, serving customers in the retail, consumer goods, food and beverage, industrial, and building materials sectors. This acquisition is set to enhance Schneider's Dedicated segment, which will now operate over 8,400 tractors, representing around 70% of its Truckload fleet. Mark Rourke, Schneider's President and CEO, emphasized that the purchase of Cowan Systems aligns with the company's strategic vision to focus on customer-centric Dedicated solutions. Cowan Systems, which was founded in 1924, will continue to operate as a wholly owned subsidiary of Schneider, maintaining its brand and workforce. The acquisition is projected to be accretive to Schneider's earnings per share within the first year, excluding anticipated synergies. The closing of the deal, expected in the fourth quarter of 2024, is subject to customary conditions and will be financed through existing cash and borrowings under Schneider's new $400 million credit facility. The integration of Cowan Systems follows Schneider's pattern of acquiring dedicated contract carriers, including Midwest Logistics Systems and M&M Transport Services, LLC. The financial results of Cowan Systems will be reported within Schneider's Truckload and Logistics business segments after the completion of the transaction. Legal advisory for Schneider was provided by Scopelitis, Garvin, Light, Hanson & Feary, while Stifel Financial Corp (NYSE:SF). and Scudder Law Firm advised Cowan Systems on financial and legal matters, respectively. This announcement is based on a press release statement and reflects the company's expectations and projections about the acquisition's future financial performance and operational integration. In other recent news, Schneider National has seen a flurry of activity from analyst firms following its recent third-quarter earnings report. The company reported steady revenues of $1.2 billion, with adjusted diluted earnings per share falling slightly from $0.20 to $0.18. Benchmark, BofA Securities, and Evercore ISI have all adjusted their outlooks on the transportation and logistics services company. Benchmark raised its stock price target for Schneider National to $32.00, maintaining a Buy rating. This followed a third-quarter earnings report that fell short of expectations, with adjusted operating income reported at $44.3 million. Despite challenges, Schneider National's Dedicated and Intermodal business segments showed resilience and improvement, respectively. BofA Securities upgraded Schneider National's rating from Underperform to Buy, raising the price target to $34.00. This positive outlook follows the recent U.S. election and anticipates benefits to the truckload industry. However, due to weaker than expected performance in the third quarter, BofA Securities reduced its earnings per share estimates for 2024 and 2025. Evercore ISI reduced Schneider National's price target from $27.00 to $26.00 while retaining an In Line rating. This follows Schneider National's third-quarter earnings report, which disclosed an adjusted earnings per share of $0.18, falling short of projections. The company's earnings were adversely affected by a weaker performance in the Truckload and Logistics segments. These are recent developments that provide insight into the current state of Schneider National. The company continues its commitment to shareholder returns, strategic growth, and operational efficiency, as evidenced by its ongoing share repurchase program. Media Contact Company Name: ABC Private Limited Contact Person: Media Relations Email:Send Email [ https://www.abnewswire.com/email_contact_us.php?pr=schneider-to-acquire-cowan-systems-for-390-million ] Country: India Website: https://www.se.com/in/en/ This release was published on openPR.
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