| Commodities Breaking Out: Will Baltic Dry Index Follow? Asset reflation has clearly become the play in the markets as the concerted global printing press continues to churn out its magic dust and continues to bridge the gap between still-fragile business/investor sentiment and eventual economic recovery.Commodities have performed as well as stocks, as exhibited by the powerful breakout in the Reuters/Jeffries CRB index as of late. The index has about a 30% exposure to energy, while it is also exposed to a number of hard and soft commodities contracts.Complete Story » seekingalpha.com |
Toyota: Toward the 21st Century Electric Car Jack Lifton submits:The Wall Street Journal yesterday, January 19, 2010, reported that:"A key supplier of Toyota Motor Corp. (TM) moved to secure a long-term source of lithium in Argentina, in one of the first global natural-resource plays of the electric-car age."Complete Story » seekingalpha.com |
General Motors Burning Oil Wall Street Strategies submits:By David SilverSo in an interesting turn of events, General Motor's CEO Ed Whitacre said that the U.S. taxpayer is going to make money off its General Motors investment. Oh yeah, but a Congressional Oversight Panel said that U.S. taxpayer could lose $6.3 billion from its investment in GMAC (and that is assuming we don't dump any more money into GMAC, which is far from on solid footing). Complete Story » seekingalpha.com |
Aviation Majors Grab Orders Zacks.com submits: Five companies in the airlines industry and in the aircraft component manufacturing industry have been awarded a total of $125 million over a period of five years by the Federal Aviation Administration to develop aviation technologies that consume less energy, involve less polluting and emit lower noise. The companies include General Electric Company (GE), Honeywell International Inc (HON), Boeing Company (BA), Pratt & Whitney- a division of United Technologies Corporation (UTX) and Rolls-Royce America, a company specializing in manufacturing of jet engines. Complete Story » seekingalpha.com |
What GM Still Needs to Prove Rick Newman submits:Not bad. Barely a year after its shameful bankruptcy filing, General Motors has become a profitable, competitive automaker with cars that shoppers want to buy. It wouldn't have happened without an extraordinary $50 billion bailout by the U.S. government, but GM's accomplishments over the past 12 months are still exemplary. After five years of disastrous losses, GM has earned more than $2 billion in profits so far this year, with the future for once looking better, not worse. The company plans a huge public offering this fall that will bring it back into the ranks of public companies and help it reduce the government's ownership stake. Many of its cars are proving popular, with fewer discounts to help them sell. And after two abrupt CEO departures in the last 18 months, the current chief, 68-year-old Ed Whitacre, has announced his orderly retirement later this year, with a successor lined up. Kind of like an ordinary company would do.Complete Story » seekingalpha.com |