| Tata Motors: License to Dive Paul Price submits:Tata (TTM) is India’s largest automobile manufacturer and the world’s 5th largest medium and heavy commercial vehicle maker. They are #2 in medium to heavy bus manufacturing as well. They also provide financing for many of their buyers through their TML Financial Services unit. Tata acquired Jaguar and Land Rover from Ford in a (badly timed) $2.8 billion transaction that closed in June 2008. I rarely write about ‘short’ ideas but this one seems to just jump off the page when you consider the fundamentals. Tata Motors closed at $13.78 last week and has jumped up to $14 /share in this morning’s rally (Nov. 23, 2009). Complete Story » seekingalpha.com |
Earnings Preview: United Parcel Service theflyonthewall.com submits: United Parcel Service (UPS) is expected to report Q4 earnings before the market open on Tuesday, February 2 with a conference call scheduled for 8:30 am ET. GuidanceAnalysts are looking for EPS of 74c and revenue of $12.22B. The consensus range is 63c-75c for EPS, and $11.77B-$12.58B for revenue, according to First Call. UPS reported mixed Q3 results, beating EPS while slightly missing on revenue estimates. Following a recent spate of good news investors will be looking for UPS to surpass Q4 estimates. Complete Story » seekingalpha.com |
How Long Has a Continental-United Merger Been in the Works? Morningstar submits: By Basili Alukos There has been much talk recently in the news about a potential merger involving United Airlines (UAUA) and Continental (CAL). Although the talks have intensified recently, we believe both companies have already made numerous announcements that, taken collectively, appear to foreshadow a merger. In this piece, we will analyze and discuss the timeline of these events, describe why the carriers are compatible partners, and explain how a merger could positively affect the entire airline industry. Timeline of Events May 2008--Shortly after Northwest and Delta (DAL) announced their merger, Continental and United briefly held negotiations involving a possible merger. Although a golden share (which served as a deterrent to a change of control) held by rival Northwest was partially responsible for the deal's collapse, we also suspect that Continental was terrified of United's fragile financial position and quickly ended all discussions.Complete Story » seekingalpha.com |
Orion Marine Group: Massive Driver Could Propel the Stock Alan Brochstein, CFA submits: I first learned of Orion Marine Group (ORN) in late 2009, when it was featured in a Forbes cover story regarding the 200 best small companies. Complete Story » seekingalpha.com |
Ford Motor Q3 2010 Earnings Call Transcript Ford Motor (F)Q3 2010 Earnings CallOctober 26, 2010 9:00 am ETComplete Story » seekingalpha.com |