Economic News: What's Ahead
Prieur du Plessis submits: The video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. US: Employment, autos, ratesComplete Story » seekingalpha.com |
Ford: Still Driving Higher
Jamie Moye submits:Ford (F) is trading higher, nearly 8% higher, today on the back of an upgrade from Deutsche Bank. It is hard to believe that, since the market high, marked by the S&P Global 100 ETF (IOO) in October 2007, the best performer between Ford, the Emerging Markets ETF (EME) and the S&P Global 100 ETF (IOO) is Ford by a wide margin with a gain of 32% versus -10% (EME) and -27% (IOO). Since the March 2009 lows, the returns are more in Ford's favor: 550% versus 94% (EME) and 68% (IOO).Complete Story » seekingalpha.com |
Is It Time to Buy Toyota?
Larry MacDonald submits: With all the adverse publicity surrounding the Toyota Motor Corp. (TM) safety recalls, there is probably never a better time to buy a Toyota car. Indeed, the company is currently offering one of its biggest sales promotions ever: interest-free loans for up to 60 months and two years of free, after-sales maintenance and inspection services for new customers. Complete Story » seekingalpha.com |
AMERCO F4Q10 (Qtr End 03/31/10) Earnings Call Transcript
AMERCO (UHAL)F4Q10 (Qtr End 03/31/10) Earnings CallJune 10, 2010 11:00 am ETComplete Story » seekingalpha.com |
Is It Time to Short the Airlines?
Stone Fox Capital submits:Listening to CNBC's 'Airline Profits Take Off' feature Friday morning, made me think it's about time to go short. Anytime people get bullish on the airlines, it's time to get out or go short. U.S. airlines have historically lost money and nothing has stucturally changed. Sure they charge a bunch of extra fees now, but that only offsets the lower ticket prices. Their biggest issues continue to be that everybody wants into the industry. And every time CNBC does a feature on profits, the unions automatically line up for their portion. Airlines can lose billions for 5 straight years and the unions will want new contracts the year they make $50. Reading through this article in the Ft. Worth Star-Telegram just reminds me of even more reasons you don't want to invest in domestic airlines. The CEO and upper management of American Airlines (AMR) is heavily engaged in discussing contracts with the various unions instead of working on developing and implementing a profitable growth plan. Any company engaged in such discussions can never be anything other then a trading buy. Complete Story » seekingalpha.com |