Navios Maritime Holdings Inc. Q3 2009 Earnings Call Transcript
Navios Maritime Holdings Inc. (NM)Q3 2009 Earnings CallNovember 18, 2009; 8:30 am ETComplete Story » seekingalpha.com |
Polaris Industries Inc. Q4 2009 Earnings Call Transcript
Polaris Industries Inc. (PII)Q4 2009 Earnings Call January 28, 2010 10:00 p.m. ETComplete Story » seekingalpha.com |
Time for a 'Pure Play' Railroad ETF
ETF Database submits: Earlier this year, railroad stocks received a lot of attention after the world’s most famous investor, Warren Buffett, announced that he would buy the rest of Burlington Northern Santa Fe for $26 billion. This mega-acquisitions put a ‘boring’ industry in the spotlight for a brief time and once again on investors’ radars. However, as quickly as railroads jumped into the forefront of investors minds they disappeared again; relegated to their traditional role as the unsung backbone of the American economy. For investors seeking to make a play on railroads, there isn’t currently a real pure play ETF option. This is unfortunate for several reasons, since this sector can offer a compelling choice for investment in both good and bad economic times. Why It Would Make An Interesting Choice With oil prices spiking, many will be surprised to know that one of the least affected industries is that of railroads. “Burlington Northern Santa Fe last year moved, on average, a ton of goods 470 miles on a single gallon of diesel, and society has an enormous interest in using less oil to transport goods,” according to Mr. Buffett. This suggests that if oil prices continue to rise, rail firms are likely to be a major beneficiary since they are able to move more goods using less fuel than their trucking or air-freight peers. Railroads may seem like a remnant of an earlier era, but they remain a critical part of America’s transportation infrastructure.Complete Story » seekingalpha.com |
Ford Charges Up With Compact Power Batteries
TechCrunch submits: By Matylda CzarneckaFord‘s 2011 Focus Electric will run on Compact Power Inc.’s lithium-ion battery, the company announced today. The batteries will initially be made in South Korea at CPI’s parent company, LG Chem, with plans to start manufacturing at a new $300 million site in Holland, Mich. in 2012.Complete Story » seekingalpha.com |
Ford Takes Pole Position Among Automakers
Money Morning submits: By Don Miller Ford Motor Co. (NYSE: F) yesterday furthered its lead among U.S. automakers, reporting record-breaking third-quarter profits.Complete Story » seekingalpha.com |