| Ambassadors Group: A Good Addition to a Well Diversified Portfolio Paul Price submits:Ambassadors Group (EPAX) is an educational company that organizes and promotes international and domestic travel programs for students, athletes and professionals. Its travel business includes the ‘People to People Student Ambassador Programs’ for grade school, middle school and high school students to visit domestic and foreign destinations. Their ‘People to People Sports Ambassador Programs’ provide opportunities for middle school and high school athletes. Their ‘People to People Leadership Summit’ and ‘World Leadership Forum’ are Leadership Programs which provide domestic travel experiences for grade school, middle school and high school students. Ambassador’s ‘People to People Citizen Ambassador Programs’ provide foreign travel experiences for business professionals. NDAQ: EPAX - October 25, 2009 $13.08 Complete Story » seekingalpha.com |
Goodrich Corporation Q4 2009 Earnings Call Transcript Goodrich Corporation (GR)Q2 2009 Earnings CallJanuary 28, 2010; 10:00 a.m. ETComplete Story » seekingalpha.com |
A Bottom for Rail Freight and Ports Data? Wildebeest submits: Intermodal rail freight began to increase over the last few weeks which has led to some upbeat comments and optimism about the recovery. While the data is heading in the right direction I think the punditry is getting a bit ahead of itself on this subject.The Association of American Railroads (AAR) publishes a weekly news release that includes data about rail freight. The data is divided into two categories: intermodal and carloads. Intermodal includes the containers that you see in shipping ports. Carloads is bulk stuff, which the AAR further breaks down into Grain, Farm Products ex Grain, Metallic Ores, Coal, Crushed Stone Sand & Gravel, Nonmetallic Minerals, Grain Mill Products, Food & Kindred Products, Primary Forest Products, Lumber & Wood Products, Pulp Paper & Allied Products, Chemicals, Petroleum Products, Stone Clay & Glass Products, Coke, Metals & Products, Motor Vehicles & Equipment, and Waste & Scrap Materials.Complete Story » seekingalpha.com |
CSX Beats on Solid Volume Zacks.com submits: CSX Corporation (CSX), the third-largest railroad in the country, declared its second quarter earnings on July 12, 2010. The company’s results beat the Zacks Consensus Estimate by 10 cents. Net earnings of CSX shot up 50.7% in the second quarter to $1.07 per share from 71 cents per share in the year-earlier quarter. Net profit jumped 47% year over year to $414 million, due to a strong rebound in demand for cars and metals. Results were driven by increased revenues from volume improvement in chemicals, metals, automotives, coal and intermodal in the wake of an economic resurgence.Complete Story » seekingalpha.com |
Harpex Shipping Index on the Rise Calafia Beach Pundit submits: After a six-week pause, the Harpex index of container shipping costs in the Atlantic is once again on the rise. As an alert reader pointed out last week, the strongest component of the index is for the Class 8 type of ship—the very largest of the container ships. That sub-index has now returned to its early 2007 levels, having risen a spectacular 300% from its low 8 months ago. That likely counts as the most impressive V-shaped recovery I've seen so far.Complete Story » seekingalpha.com |