| RailAmerica Begins Trading Zacks.com submits: Following the closure of its initial public offering (IPO), RailAmerica (RA) has started trading under the ticker symbol “RA” on New York Stock Exchange since Tuesday. RailAmerica, which filed for IPO in late July, had offered 10.5 million primary shares and 11.5 million secondary shares priced at $15 per share last week. It had expected them to price for between $16 and $18. The company intends to use the proceeds of $144 million from issuing 10.5 million primary shares for paying off debt and other corporate purposes.Complete Story » seekingalpha.com |
Plug-In Vehicles Are 'Waist Deep in the Big Muddy' John Petersen submits: Generation specific cultural references can be treacherous ground for bloggers because the flashback effect is usually limited to readers with long and vivid memories. In this case, however, the lessons of history are so relevant that I'll accept the risk and offer some context for younger readers. In my youth a war wrapped in the liberal ideology of the Kennedy and Johnson administrations and fueled by an underlying concern over who would control vast oil and gas resources was fought in the jungles of Vietnam, Laos and Cambodia. By current standards, the toll of 47,424 battle deaths was staggering. By the late '60s opposition to the War was widespread and a galvanizing force behind the antiwar movement was music, including an iconic folksong from Pete Seeger, Waist Deep in the Big Muddy.Complete Story » seekingalpha.com |
The Brinks Company at Bargain-Basement Price Above Average Odds Investing submits: Warren Buffet, in a 2010 letter to his shareholders, stated:In the end, what counts in investing is what you pay for a business – through the purchase of a small piece of it in the stock market – and what the business earns in the succeeding decade or two.Complete Story » seekingalpha.com |
Under the Hood: Why I Wouldn’t Buy Tesla IPO Wall Street Cheat Sheet submits: By Damien HoffmanTesla was a genius. Buying shares of the new IPO for the car company named after the innovator … not so genius.Complete Story » seekingalpha.com |
Commercial Vehicle Group Increase. Q2 2010 Earnings Call Transcript Commercial Vehicle Group Inc (CVGI)Q2 2010 Earnings Call August 5, 2010 10:00 am ETComplete Story » seekingalpha.com |