| The Greenbrier Companies, Inc. F4Q09 (Qtr End 10/25/09) Earnings Call Transcript The Greenbrier Companies, Inc. (GBX)F4Q09 Earnings CallNovember 12, 2009 11:00 am ETComplete Story » seekingalpha.com |
Trouble Brewing for the Baltic Dry Index The Business Insider submits: The dry bulk shipping vessel orderbook is so massive over the next two years that even huge cancellation estimates would have trouble making it manageable, and thus saving the Baltic Dry Index (a measure of spot rates for bulk shipping). FTAlphaville highlights that broker Icap expects 1,400 vessels to be delivered in 2010, which equates to 120 vessels per month on average. (Even if in reality they won't be spread out evenly) How bad is 120 ships per month relative to what the market has had to deal with so far?Complete Story » seekingalpha.com |
China: Astounding Growth in Auto Sales, Introduction of Futures Trading Patrick Chovanec submits:Andrew Peaple, a Beijing-based columnist for the Wall Street Journal, had two great articles this week, which are well worth reading: the first on the explosive growth of China’s automotive industry, and the second on the introduction of futures trading in China’s financial markets. Beijing hosts its annual Auto Show this weekend, and many of the global industry’s top executives (including Carlos Ghosn) are here to assess the trends and potential in what became, this past year, the world’s largest auto consumer market. The growth in auto sales in China is truly astounding — as Andrew notes in his article, 2009 sales were up 48% over 2008, and for the first three months of this year, sales are up 80% over the same period last year.Complete Story » seekingalpha.com |
Tesla's Challenge? Staying Ahead Joel West submits: Yesterday was a great day for Tesla Motors and its CEO Elon Musk. Both got tons of favorable publicity — opening the NASDAQ market Tuesday morning — and wads of badly needed cash as the company enjoyed a wildly successful IPO.By any measure, the IPO was a huge success:Complete Story » seekingalpha.com |
Earnings Preview: United Parcel Service theflyonthewall.com submits: United Parcel Service (UPS) is expected to report Q3 earnings before the market open on Thursday, October 21 with a conference call scheduled for 8:30 am ET. GuidanceAnalysts are looking for EPS of 88c and revenue of $12.38B. The consensus range is 80c-92c for EPS, and $12.00B-$12.86B for revenue, according to First Call. UPS reported positive Q2 results, beating both EPS and revenue estimates. It also raised its FY10 EPS guidance to $3.35-$3.45 from the prior view of $3.05-$3.30 vs. consensus $3.44. The shares have risen approximately 15% since Q2 results were released. Sentiment on the street has been mostly positive. On September 22, Sterne Agee initiated the shares with a Buy rating and a target price of $100. Complete Story » seekingalpha.com |