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‘Trade’ Tagged Posts

NBA draft surprises: A Trae Younger-Luka Doncic commerce, and a protracted tumble for Michael Porter Jr.

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Raiders commerce 2016 second-round DL Jihad Ward to Dallas


ALAMEDA – Raiders defensive lineman Jihad Ward performed a ton as a rookie, largely out of necessity. The 2016 second-round choose moved method down on the depth chart the next yr, with different choices wholesome and taking part in much better.

The Illinois product was a wholesome scratch a lot of the season, and did not impressed a brand new Raiders teaching employees led by Jon Gruden this season.

He did not stand a lot of an opportunity to make the 53-man roster, particularly after the Raiders chosen defensive tackles P.J. Corridor and Maurice Hurst on this yr’s NFL Draft.

The Raiders put him on the buying and selling block, and received one thing in return.

Ward was traded to Dallas for receiver Ryan Switzer on Saturday afternoon, shortly after the Raiders made their final scheduled choose. The Cowboys introduced the transaction.

Switzer was Dallas’ fourth-round choose final yr, and did not set up himself as an offensive participant. He was a stable return man, averaging eight.eight yards per punt return, which incorporates an 83-yard landing.

Switzer grew to become expendable after Dallas traded for receiver/return man Tavon Austin earlier on Saturday.

Ward had 32 tackles and a sack in two years with the Raiders.

49ers commerce offensive sort out Trent Brown to Patriots




Video by Niners Wire

The Patriots are including some high quality depth.

The New England Patriots acquired offensive sort out Trent Brown and an early fifth spherical decide (143rd general) from the San Francisco 49ers in change for a late third spherical decide (95th general), in keeping with ESPN’s Adam Schefter. Professional Soccer Speak had the preliminary report.

49ers are buying and selling OT Trent Brown and decide quantity 143 general to the New England Patriots in change for decide quantity 95 general, per @FieldYates and me. The deal is pending a bodily.

— Adam Schefter (@AdamSchefter) April 27, 2018

The 6’eight, 360-pound Brown is likely one of the rising stars at proper sort out and was a two-year starter for the 49ers, however is coming off a season-ending shoulder harm. He’s within the ultimate yr of his contract and reportedly got here to 49ers coaching camp obese and out of form, main the crew to pick out Mike McGlinchey with the ninth general decide.

If the Patriots are capable of hold Brown in form, then they are going to have one of many high tackles within the league on their depth chart, probably backing up All Professional proper sort out Marcus Cannon.

The transfer bolsters the crew’s depth chart with Cannon, Brown, LaAdrian Waddle, 2017 third spherical decide Tony Garcia, and potential 2018 first spherical decide Isaiah Wynn.

Cannon and Waddle have a historical past on each side of the road, whereas Brown is a proper sort out and Garcia and Wynn are left tackles. One of the best mixture will play, wherever that forces Cannon to line up on recreation day.

Associated slideshow: 2018 NFL Draft’s High Picks (Offered by USA TODAY Sports activities)

#1: Baker Mayfield, Cleveland Browns: Oklahoma Sooners quarterback Baker Mayfield was selected number 1 overall by the Cleveland Browns. Mayfield did not attend the draft. 2018 NFL Draft: The High Picks

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Dow closes down greater than 700 factors on commerce warfare fears




Shares fell sharply Thursday, pressured by worries of a possible commerce warfare and a decline in tech shares. The broader market was additionally pressured by a decline in financial institution shares.

The Dow Jones industrial common dropped 724 factors, with Caterpillar, 3M and Boeing as the most important decliners. The 30-stock index briefly entered correction territory for the primary time since final month, falling 10 p.c from its 52-week excessive at one level late within the day.

The S&P 500 fell 2.5 p.c, with seven of 11 sectors, together with tech and financials, dropping greater than 2 p.c. The Nasdaq pulled again 2.four p.c. Promoting intensified into the shut, with the Dow shedding greater than 250 factors within the closing hour of buying and selling. 

Earlier, the Trump administration unveiled tariffs designed to punish China for mental property theft, imposing about $ 60 billion in retaliatory expenses. Equities have been beneath stress not too long ago because the Trump administration ramps up a protectionist commerce agenda. Earlier this month, Trump introduced the implementation of tariffs on metal and aluminum imports, elevating issues a couple of potential commerce warfare.

“You can see extra stress [on stocks] if the commerce challenge” grows, stated Bruce McCain, chief funding strategist at Key Non-public Financial institution. “The query is: What’s the actuality of that taking place? Most agree this might damage the economic system.”

Boeing dropped 5.2 p.c, whereas shares of Caterpillar and 3M each closed decrease.

The 10-year Treasury yield posted its greatest one-day drop since September of final 12 months as traders bid up bond costs, whereas gold futures gained zero.5 p.c. Treasurys and gold are seen as safer belongings to carry than shares.

Financial institution shares, in the meantime, fell together with Treasury yields. The SPDR S&P Financial institution ETF (KBE) fell three.7 p.c, whereas Citigroup, J.P. Morgan Chase and Financial institution of America all traded decrease.

The Cboe Volatility index (VIX), extensively thought-about one of the best gauge of worry out there, rose above 22.

“Trump’s protectionism is making traders nervous,” Dario Perkins, managing director of world macro at TS Lombard, stated in a word Thursday. “Previous expertise suggests these insurance policies are flawed, whereas even reasonable commerce obstacles might disrupt at this time’s complicated international provide chains.”

Losses in tech additionally helped shares fall. Tech shares have been beneath stress recently amid a pointy decline in Fb shares. Information broke not too long ago that information analysis agency Cambridge Analytica gathered information from 50 million Fb profiles with out the permission of its customers. Shares of Fb have been beneath stress all week, sliding eight.5 p.c by Wednesday’s shut.

On Thursday, they fell 2.7 p.c. Fb CEO Mark Zuckerberg broke his silence over the information, telling CNN it had been “a significant breach of belief, and I am actually sorry that this occurred.”

The information raised concern that U.S. lawmakers might draw up regulation on information utilization for Fb and different main tech corporations. “They don’t seem to be going to write down the regulation only for Fb, stated Shawn Cruz, supervisor of dealer technique at TD Ameritrade, noting regulators are going to focus on all the sector. “That would flip right into a headwind for these shares.”

The PowerShares QQQ Belief (QQQ), which tracks the tech-heavy Nasdaq 100 index, dropped 2.5 p.c, breaking under its 50-day shifting common, a key technical degree. Google-parent Alphabet fell three.6 p.c and dipped into correction territory.

Tech corporations are additionally among the many corporations that may very well be within the cross-hairs of a U.S.-China commerce warfare.

Buyers additionally assessed the U.S. Federal Reserve’s newest financial coverage resolution. As extensively anticipated by the markets, the Fed raised rates of interest by 25 foundation factors on Wednesday and upgraded its financial outlook, saying that financial exercise and jobs good points had been robust in latest months.

Market watchers count on the central financial institution to hike 3 times in 2018, whereas the Fed introduced that it was rising its rate-hike forecast for 2019. Shares closed decrease Wednesday after the announcement.

“Typically, the upward momentum in shares is damaged,” stated Maris Ogg, the president at Tower Bridge Advisors. “It needed to break. You were not going to go up in a straight line ceaselessly.” “What’s taking place is the typical investor is extra attuned to rebalancing and taking income when their positions get outsized,” Ogg stated. 

CNBC’s Jeff Cox contributed to this report.

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Browns commerce Danny Shelton to Patriots, giving up ’18 fifth rounder for ’19 third


CLEVELAND, Ohio — One other Browns first-round decide bites the mud. On Saturday, they traded 2015 No. 12 total decide Danny Shelton to the Patriots, a league supply confirmed for

Adam Schefter reported that it is Shelton and a Browns 2018 fifth-round decide to the Patriots for the Patriots’ third-round decide in 2019.

It means each of the Browns’ 2015 first-round picks made by Ray Farmer are gone. Offensive lineman Cam Erving, the 19th total decide, was traded to the Chiefs final yr for a fifth-round choice.

All 10 of the Browns’ first-round draft picks from 2009-15 are gone. On the fee they are going, their 2016 first-round decide, underachieving Corey Coleman, might be on his manner out too.

It was the fourth commerce made by wheelin’ and dealin’ Browns GM John Dorsey in 24 hours, with the offers set to be consummated at Four p.m. Wednesday when the brand new league yr opens. Dorsey wasn’t joking on the NFL mix final week that he was open for enterprise. Apparently the Browns’ draft decide retailer is open, even on the weekends:

On Friday, the Browns dealt:

* A fourth-rounder in 2018 (No. 123) and seventh-rounder in 2019 to the Dolphins for three-time Professional Bowl receiver Jarvis Landry.

* The primary decide on this yr’s third spherical to the Payments for QB Tyrod Taylor.

* DeShone Kizer to the Packers for cornerback Damarious Randall and a swap of each groups’ fourth and fifth spherical picks this yr.

Browns commerce a third rounder for Tyrod Taylor

The strikes give the Browns a soar on free company, which begins Monday when groups can start preliminary negotiations for gamers. However Dorsey nonetheless has loads of draft capital — 5 draft picks within the first 64: 1, Four, 33, 35 and 64.

The Browns will possible pursue gamers such free brokers as Rams cornerback Trumaine Johnson and Redskins receiver Terrelle Pryor.

The 10 first-rounders gone from the Browns since 2009 are: Alex Mack, Joe Haden, Phil Taylor, Trent Richardson, Brandon Weeden, Barkevious Mingo, Justin Gilbert, Johnny Manziel, Shelton and Erving.

Shelton, who performed solely 44 % of the Browns’ snaps final season based on, is healthier suited to the Patriots’ Three-Four scheme, and the Browns have plenty of younger tackles who’ve made a robust case for reps.

It paves the way in which for extra enjoying time for 2017 third-round decide Larry Ogunjobi, who made probably the most of his restricted enjoying time final season — solely 28 % of the performs. Ogunjobi made 32 tackles, solely two fewer than Shelton. The Browns are enthusiastic about Ogunjobi and wish to see him on the sphere extra.

The Browns even have second-year sort out Trevon Coley (61 % of the snaps), who began 15 video games reverse Shelton, and 2017 sixth-round Caleb Brantley, who had two sacks and one fumble restoration regardless of enjoying solely 20 % of the snaps. In addition they have restricted free agent sort out Jamie Meder, who’s anticipated to return.

Shelton (6-2, 335) usually occupied two blockers, however by no means lived as much as his first-round standing, and will fare higher as a pure nostril sort out in Belichick’s Three-Four scheme. He performed within the Three-Four right here in every of his first two seasons — in 2015 below Jim O’Neill and Ray Horton in 2016.

His greatest season got here below Horton when he made a career-high 59 tackles and had 1.5 sacks. He tried to adapt final season to Gregg Williams’ Four-Three, however he wasn’t a match and sometimes disappeared.

“After we got here in, we requested him to make some adjustments to his sport, his physique and him to be a greater participant and we expect he generally is a Professional Bowl, dominant participant,” Horton mentioned in the beginning of that season. “I do not wish to put an undue burden on him, however that is what we really feel. We’re pushing him to be that.”

It by no means occurred. He began 45 of 46 video games right here, recording 129 tackles and just one.5 sacks. He additionally made only a few influence performs, recording to no interceptions, pressured fumbles or fumble recoveries. He had one move damaged up.

Here is the recap of the Browns’ frenzied 24 hours:

What the Browns acquired:

WR Jarvis Landry
QB Tyrod Taylor
CB/S Damarious Randall
Patriots third spherical decide in 2019
Packers 4th and fifth spherical picks in 2018

What the Browns gave:

2018 third spherical decide (for Taylor)
2018 4th spherical decide (for Landry)
2018 fifth spherical decide (to Pats with Shelton for ’19 third)
2018 4th and fifth (for Packers 2018 4th and fifth)
2019 seventh (for Landry)
QB DeShone Kizer
DT Danny Shelton

What they’ve left

The Browns started their 24-hour buying and selling frenzy with 12 draft picks, together with six within the first 65. They at the moment have 9, together with 5 within the first 64.

Listed below are the picks:

Spherical 1: No. 1 and No. Four
Spherical 2: No. 33 (1st within the spherical), No. 35 and No. 64.
Spherical Three: None.
Spherical Four: (Inexperienced Bay’s 114 or 133)
Spherical 5: (Inexperienced Bay’s 150 or 172)
Spherical 6: 175 (1st within the spherical)
Spherical 7: 219 (1st within the spherical)

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