TOP 100 TRANSPORTATION AND LOGISTICS SITES
| |||
|
| |||
| |||
|
| |||
| Earnings Preview: Honeywell International Honeywell International (HON) is expected to report Q1 earnings Friday, April 24 before the market open, with a conference call scheduled for 8:00 am ET. GuidanceAnalysts are looking for EPS of 54c on revenue of $7.53B. The consensus range is 50c-58c for EPS, and $7.35B-$7.73B for revenue, according to First Call. The company stated on its Q4 earnings call it expects Q1 EPS of 50c-60c, and Q1 revenue of $7.4B-$8B. Honeywell also stated it expects FY09 EPS $3.20-$3.55 vs. consensus of $3.03. Then in February it lowered its FY09 revenue guidance to $33.3B-$35.1B from $33.6B-$35.3B vs. consensus $33.45B. On the Q4 earnings call Honeywell CEO David M. Cote stated the company sees 2009 as a more challenging year than 2008. Complete Story » seekingalpha.com |
TARP: Does the Auto Bailout Qualify? BoneYard submits:Indiana's pursuit of lender justice raises an interesting point: Is the auto bailout allowed under the TARP?The Emergency Economic Stabilization Act of 2008 is formallyComplete Story » seekingalpha.com |
Boeing: The Emperor's New 787 Dreamliner MoneyMasters submits: Boeing’s (BA) 787 Dreamliner was originally scheduled to fly in September 2007. Just a few days before the maiden flight, management announced what would be the beginning of a 2+ year delay. That’s long even by airline standards. In its five or six announcements—it’s hard to keep count—management blamed everything from a shortage of fasteners to incomplete software to a labor strike.The latest delay was announced on June 23, 2009. Management said, "first flight of the 787 Dreamliner will be postponed due to a need to reinforce an area within the side-of-body section of the aircraft.” I’m not an aerospace engineer, so I won’t say how I really feel about that. Regarding first flight and aircraft deliveries, they said, “It will be several weeks before the new schedule is available.”Complete Story » seekingalpha.com |
United Airlines: September Traffic Down Zacks.com submits: Wednesday, United Airlines, a wholly owned subsidiary of UAL Corp. (UAUA) announced preliminary mainline traffic results for September. The company reported mainline passenger load factor of 81.2%. Total scheduled mainline revenue passenger miles (RPMs) decreased 1.1% on a capacity decrease of 3.7% in scheduled mainline available seat miles (ASMs) compared with the same period in 2008. The airline has been threatened by volatile oil prices, increased competition, increasing maintenance expenses and a disgruntled workforce. During the second quarter, the company initiated a fleet modernization review to replace its older fleet types. This process could present a unique opportunity for the company to improve its cost structure and fleet strategy.Complete Story » seekingalpha.com |
Why Traders Are Abandoning DryShips optionMONSTER submits: By David RussellDryShips (DRYS) failed to make new highs yesterday after a strong showing in the previous session, and investors are taking to the lifeboats.Complete Story » seekingalpha.com |