| Auto Bailout Update TheCarConnection.com submits: By Richard ReadTo say that the federal government's bailout of Chrysler and General Motors has been contentious is a little like saying that the Bugatti Veyron is kinda fast -- an understatement at best, cause for a righteous uproar at worst. But roughly a year since the Big Three began wooing Washington, the dust has begun to settle: Ford seems to be doing fine on its own, Chrysler and GM have emerged from bankruptcy, Chrysler and Fiat (FIATY.PK) finally hooked up, and surprisingly, the world hasn't ended. (Yet.) However, there is one very long, very loose string that still needs to be tied up: the not-so-small issue of dealers summarily terminated from GM and Chrysler networks during those companies' restructurings.Complete Story » seekingalpha.com |
Shipping Stocks: Fairly High Yields and Smooth Sailing Stockerblog submits: If you are an income investor and you are predicting a global recovery, for some diversification from electric and gas utility stocks, you might want to step on board some shipping stocks. There are two types of shippers, the liquid shippers which transport crude oil, petroleum products, and liquefied natural gas, and the dry bulk shippers, which transport iron ore, coal, grain, minerals, fertilizers, and other non-liquid items. The shipping stocks generate some fairly high yields. Eighteen yield over 3.5%. For example, Teekay LNG Partners (TGP) is a liquid shipper that yields 9.2%. Horizon Lines, Inc. (HRZ) is a dry bulk shipper with an 8.2% yield. Another high yield dry bulk shipper is Safe Bulkers, Inc. (SB) paying 7.1%.Complete Story » seekingalpha.com |
Bears See Downside as UAL Pulls Back optionMONSTER submits: By David Russell UAL (UAUA) pulled back after hitting a 15-month high today, prompting the bears to bet on a push lower.Complete Story » seekingalpha.com |
Kandi Tech Reports Strong Results, But Future Depends on Electric Car Growth Tate Dwinnell submits: Kandi Technologies (KNDI) reported strong earnings results this morning with an EPS of .04/share on revenues of $8.25 million. That’s a big improvement over the year ago quarter in which the company reported a loss of .03/share on revenues of $4 million, but no so impressive when you compare it sequentially. The company had been reporting accelerating revenue growth with $4 million, $5.5, $9.6 and $14.7 million over the last 4 quarters, so the $8.25 million this quarter no longer seems so impressive.The future growth of this company really depends on the success of its COCO electric vehicle for which it recently received approval. Currently, it’s a go-kart and ATV business and while the go-kart business is doing very well with 44% growth last quarter, the future depends on its EV growth.Complete Story » seekingalpha.com |
Wright Express Corporation Q2 2010 Earnings Call Transcript Wright Express Corporation (WXS)Q2 2010 Earnings CallComplete Story » seekingalpha.com |