The surging New York Yankees eased to a 12-3 victory over the Texas Rangers on Tuesday, turning what was expected to be a tight contest between the top teams in the American League into a rout.
The Yankees pounded out a seven-run fourth inning to support strong pitching from starter AJ Burnett, who struck out eight batters while allowing three runs over seven innings.
Jorge Posada had three hits and four RBIs, while Hideki Matsui added a three-run home run to help the American League East-leading Yankees (31-21) secures a fifth win in six games.
"We did the talking with our bats. That's how you win games," the New York first baseman Mark Teixeira said.
Texas (30-21) starter Vicente Padilla returned from the dis-abled list to pitch for the first time since May 16, but was relieved early after giving up seven runs in just 3 2/3 innings.
The right-hander struggled with his control while throwing 88 pitches and walking four batters.
Outfielder Nelson Cruz provided the team's only offence with a three-run home run in the third to give the Rangers a brief 3-2 advantage before the Yankees took complete control.
Johnny Damon and Robinson Cano had RBI singles in the fourth for New York, and Posada belted a three-run blast in the sixth.Derek Jeter recorded three hits and scored his 1,500th career run.
Former Ranger Teixeira had his career-high 14-game hitting streak snapped and was hit twice by pitches during a contentious contest that also saw New York's Burnett throw over the head of Cruz.
Teixeira's hard slide into second base broke up a potential double play in the fourth and led to a run.
"That's playing the game hard right there," Burnett said. "I think any runner would have done the same thing, but he had a little built up in him."
* Reuters
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Greatest of All Time
Starring: Vijay, Sneha, Prashanth, Prabhu Deva, Mohan
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COMPANY PROFILE
Founders: Alhaan Ahmed, Alyina Ahmed and Maximo Tettamanzi
Total funding: Self funded
The specs
Engine: 1.5-litre 4-cylinder petrol
Power: 154bhp
Torque: 250Nm
Transmission: 7-speed automatic with 8-speed sports option
Price: From Dh79,600
On sale: Now
The Perfect Couple
Starring: Nicole Kidman, Liev Schreiber, Jack Reynor
Creator: Jenna Lamia
Rating: 3/5
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THE SPECS
Engine: 1.5-litre, four-cylinder turbo
Transmission: seven-speed dual clutch automatic
Power: 169bhp
Torque: 250Nm
Price: Dh54,500
On sale: now
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UAE currency: the story behind the money in your pockets
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Israel Palestine on Swedish TV 1958-1989
Director: Goran Hugo Olsson
Rating: 5/5
How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.