| Allegiant: October Year-Over-Year Comps Are Strong Andrew Horowitz submits: Allegiant Air (ALGT) came with impressive numbers for October. The load factors were slightly down but we saw healthy increases in most areas as compared to 2008. Allegiant has one of the best load factors in the industry as they manage flight loads well.Yet, we also looked deeper and saw that there is a rising number of non-paying passengers that are making up this load factor. That can be caused by a variety of factors including frequent fliers and crew transfers. It can also be caused by giveaways to fill up planes and goose load factors. But, for now, we will assume that is is the former.Complete Story » seekingalpha.com |
Boeing: Cutting Edge Company, Profiting from the Military-Industrial Complex Joseph L. Shaefer submits: It was Dwight D. Eisenhower, America’s only 5-star General President, who first warned us of the “military-industrial complex.” (Less well-known is the fact that in the draft of the address, Eisenhower initially used the term “military-industrial-congressional complex,” but struck the word “congressional” in order to pacify members of Congress. Too bad – Congressional meddling and jockeying to get more dollars in their district is the largest single factor in defense cost overruns.) Still, even with Congressional posturing, jockeying and meddling, we manage to muddle through and support the best-trained and arguably the best-equipped fighting force in the world. I believe this is because true patriots occupy much of the military-industrial complex. Many, from security guards to the elder statesmen of the industry, are former military themselves.Complete Story » seekingalpha.com |
BDI's Peaking Impact and Stocks' Barrier Ashraf Laidi submits:Baltic Dry Index Peaking ImpactThe 1-month lag between the Baltic Dry Index and selected commodities strikes again. The BDI, a daily index of shipping costs of dry bulk, is often seen as a leading indicator for raw material demand, hence a precursor for global production dynamics. Complete Story » seekingalpha.com |
Disclosure Can Save Magna International Founder Stronach's Payday Streetwise Blog submits: By Andrew WillisFrank Stronach has always been the poster boy for all that’s wrong with corporate governance.Complete Story » seekingalpha.com |
A Picture of Global Shipping Gad Allon submits: by Martin LariviereI am not sure I have much to add on this but this is an intriguing way of visualizing how world trade moves. It also shows the impact of slow steaming. (Click to see a full-sized image.)Complete Story » seekingalpha.com |