Eaton Corporation Q3 2009 Earnings Call Transcript
Eaton Corporation (ETN)Q3 2009 Earnings Call October 19, 2009 10:00 am ETComplete Story » seekingalpha.com |
Inside Paragon Shipping's Prospectus Supplement
Neil Carvin submits: The insightful Footnoted.org has observed that some companies submit interesting regulatory filings with the SEC late on Fridays, especially before a holiday weekend. We had this thought in mind as we perused the Form F-3, Registration statement by foreign private issuers, that the SEC accepted from Paragon Shipping, Inc., (NASDAQ: PRGN) on Friday, 15 January 2010, at 4:33 PM. The F-3 provides a preliminary supplement to the company's shelf-registration prospectus.Complete Story » seekingalpha.com |
Navistar International Corporation F1Q10 Earnings Call Transcript
Navistar International Corporation (NAV)F1Q10 Earnings CallMarch 10, 2010 10:00 AM ESTComplete Story » seekingalpha.com |
Why Tesla Is Unlikely to Succeed
John Petersen submits:Later this month, Tesla Motors plans to launch its initial public offering and sell about 12% of the company for $200 million. If the IPO is successful, Tesla's stock will trade on the Nasdaq Stock Market [TSLA] and its initial market capitalization will be roughly $1.5 billion. Since the IPO has spawned a series of analytical articles from better writers, I'll avoid the temptation to analyze the deal terms and focus on product issues instead. Like their cars, Tesla's IPO will undoubtedly attract vanity investors, the philosophically committed and the mathematically challenged. The more cautious element will probably stay on the sidelines. Calling Tesla an automaker is like calling France's très chic Louis Vuitton, Möet Hennesy Group (LVMHF.PK) a beverage company. Tesla started with a $100,000 roadster in 2008 and has sold 1,063 cars to date. They plan to add a $50,000 family sedan in 2012 and have booked approximately 2,200 reservations over the last year. As a reference point, the star-crossed Delorean Motor Company sold about 9,000 stainless steel gull-wing sports cars for $25,000 (roughly $60,000 current dollars) in 1981 and 1982.Complete Story » seekingalpha.com |
Toyota Crashes Not Caused by Engineering Problems
Tom Lindmark submits:Barring some new calamity, the three biggest corporate villains of 2010 have been Goldman Sachs (GS), BP (BP) and Toyota (TM). All have been subjected to Congressional inquisitions and seemingly endless pillorying by the media, and all have parted with significant sums of money in an effort to put their problems behind them. At least one appears to have been the victim of a rush to judgment. The WSJ has a report out that Toyota’s vehicles that supposedly ran amok were in fact most likely misused by those in control of the cars.Complete Story » seekingalpha.com |