| Boeing: Dreamliner Delays Are a Gift Ockham Research submits: Mad Money’s Jim Cramer spent a large portion of his Monday show discussing his biggest gaffes of the year. Cramer draws a lot of criticism for his stock recommendations, but at least he is willing to point out his faults, and he tries to use them as an opportunity to learn. In this case, he singled out his recommendation to make a quick buck off of Boeing (BA) as there were rumors that the company would fly their revolutionary Dreamliner jet for its first public appearance in June. The trade did not materialize the way he had hoped as the Dreamliner was delayed again, and Boeing stock fell from the low $50’s to below $40 in about two weeks time. Here is Cramer’s mea culpa: “Let’s talk about one of my biggest screw-ups, recommending Boeing as a trade ahead of the Paris air show. Because I believed they would be able to fly the new powerful and fuel efficient Dreamliner into France for the occasion. I thought it would be..as it turned out, Boeing used the air show to reveal exactly the opposite of what I predicted. It admitted that it still couldn’t build the darn thing the trade was a total and unmitigated disaster. A virtual Hindenberg.Complete Story » seekingalpha.com |
Seven Foreign Stocks Paying 7%+ Dividends David Hunkar submits: I ran the stock screener with the following conditions: Market Cap: >= $1B Dividend Yield : 7% or moreComplete Story » seekingalpha.com |
O’Reilly Automotive, Inc. Q4 2009 Earnings Call Transcript O’Reilly Automotive, Inc. (ORLY)Q4 2009 Earnings Call TranscriptFebruary 18, 2010 11:00 am ETComplete Story » seekingalpha.com |
The 10 Most Profitable British Companies David Hunkar submits: The ten most profitable publicly-listed British companies that made it to the Forbes Global 2000 list for 2010 are listed below. Rank Company Ticker Industry Sales ($bil) Profits ($bil) 1 BP BP Oil & Gas Operations 239.27 16.58 2 Barclays BCS Banking 65.91 15.17 3 GlaxoSmithKline GSK Drugs & Biotechnology 45.83 8.94 4 AstraZeneca AZN Drugs & Biotechnology 32.8 7.52 5 HSBC Holdings HBC Banking 103.74 5.83 6 Lloyds Banking Group LYG Banking 106.67 4.57 7 Vodafone VOD Telecommunications Services 58.35 4.38 8 British Amer Tobacco BTI Food, Drink & Tobacco 22.95 4.38 9 Rolls-Royce Group RYCEY.PK Aerospace & Defense 16.82 3.59 10 BG Group BRGYY.PK Oil & Gas Operations 16.5 3.5 All the firms noted above are also part of the FTSE 100 index. The oil giant BP plc (BP) is the most profitable British company. The current yield on the BP ADR is 7.54%. After the oil spill in the Gulf of Mexico BP’s stock has taken a hit falling from over $60 to $43.86 Friday. Oil and Gas company BG Group plc (BRGYY.PK) and Rolls Royce Group (RYCEY.PK) trade on the OTC markets.The three banking stocks in the list can be avoided now due to many uncertainties in that sector.Complete Story » seekingalpha.com |
High Speed Rail May Threaten Freight Rail Renaissance Ravi Nagarajan submits:There is little doubt that Amtrak’s Acela represents a very attractive way to travel between Washington D.C. and New York City. Leaving Washington D.C. a short distance from the United States Capitol, one can arrive at Penn Station in midtown Manhattan in roughly two hours and forty five minutes. While catching a flight between Washington and New York is a viable alternative, it is necessary to leave the city center to reach the airport. Combined with security procedures, it can easily take longer to travel between central locations in the two cities by air compared to the speed offered by America’s version of “high speed rail”. High speed passenger rail service has been a hallmark of the transportation systems in Europe and Japan for many years. More recently, China has rapidly expanded its high speed passenger rail system. Compared to America’s relatively slow Acela service, which shares tracks with freight carriers, China’s high speed rail system has lines that regularly run at 217 miles per hour on dedicated passenger tracks.Complete Story » seekingalpha.com |