Ford's EV Partners: Smith Out, Azure In
Greentech Media submits: By Jeff St. JohnFord Motor Co. (F) has changed up its partners on developing its Transit Connect electric van, ending its work with Smith Electric Vehicles to switch to Azure Dynamics Corp., it announced Friday.Complete Story » seekingalpha.com |
Navistar: Current Uptrend May Present Opportunity to Profit
Wall Street Cheat Sheet submits: by David GibbsNavistar International Corp. (NAV) reported better-than-expected Q4 earnings last Monday after the bell (Call Transcript). The commercial truck and engine producer “benefited from fewer charges and an increase in truck sales in advance of new emissions standards in January.”Complete Story » seekingalpha.com |
International Speedway Corporation F1Q10 (Qtr End 02/28/10) Earnings Call Transcript
International Speedway Corporation (ISCA)F1Q10 Earnings CallApril 8, 2010 9:00 am ETComplete Story » seekingalpha.com |
Auto Sales Pick Up Pace Through May
Wall Street Strategies submits:By David SilverThe monthly results for auto sales in the United States were released yesterday. The results were better than I had expected, as strength in trucks and SUVs propelled sales higher. In a big change from previous months, Chrysler was the strongest performer, seeing sales improve almost 33% compared to May of 2009.Complete Story » seekingalpha.com |
How Asian Airlines Lead Global Airline Recovery
World Market Pulse submits:Asia has definitely taken the lead in the road to recovery as far as the Aviation industry is concerned with Asian airlines leading the way to a stronger recovery than their global peers amid rising passenger and cargo volumes helped by the economic slowdowns in Europe and the United States. Global aviation industry's umbrella body IATA in its latest industry outlook has projected a global profit of $8.9 billion in 2010 for the Airline industry as a whole with airlines in the Asia-Pacific region leading the race with maximum profits to the tune of a $5.2 billion this year compared with $3.5 billion in North America, $one billion in Latin America, $400 million in the Middle East and $100 million in Africa.In March, the Montreal-based organization, which represents 230 airlines and 93 per cent of passenger air traffic, predicted a 2010 loss of $2.8 billion US for its members but in June, it revised that upwards to a modest profit of $2.5 billion US.Complete Story » seekingalpha.com |