| Lockheed Martin to Flesh Out Green Strategy Wednesday Greentech Media submits: By Michael KanellosYou know green has gone mainstream when military contractors talk about it.Complete Story » seekingalpha.com |
Shipping Recovery Boosting the Sector's ETF Michael Johnston submits:With barely more than a month in the books, 2010 is shaping up to be a bipolar year for global equity markets. After surging ahead in the first week and a half of January trading, a sharp pullback handed many benchmarks one of their worst monthly performances since the recovery began. But when the calendar turned to February, equities took off again on a mini-rally. January’s big sell-off has left many equity ETFs trying to get back to break-even on the year. Of the 559 non-leveraged, non-inverse ETFs in the ETF screener, only about 100 are up year-t0-date, and there are some surprising names at the top of the list. Banking funds have surged in the first month of the year, as have certain emerging and frontier markets (Turkey and Colombia are among the top performing equity markets so far). Also near the top of the list is the Claymore/Delta Global Shipping Index ETF (SEA), an ETF designed to offer exposure to the global shipping industry.Complete Story » seekingalpha.com |
WestJet Airlines Ltd. Q1 2010 Earnings Call Transcript WestJet Airlines Ltd. (WJAVF.PK)Q1 2010 Earnings CallApril 04, 2010 10:00 am ETComplete Story » seekingalpha.com |
The Icelandic Plume The smoldering volcano in Iceland has brought huge disruptions to travel, with immense economic costs. It has also brought a visceral awareness of our interconnected world. nytimes.com |
Airlines and the Pat Down Rule Hickey and Walters (Bespoke) submit: Given the ongoing controversy regarding the TSA's new pat-down rules, we wondered what impact, if any, that the policy is having on the airline stocks. A lot of people have argued that the invasive procedures will lead to more people getting in their cars and driving rather than deal with the hassle of flying. While it's still too early to get any meaningful data on passenger traffic, we would note that the relative strength of the airline stocks peaked around the time that the 'printer cartridge' bombs were discovered and the TSA instituted its new pat-down policy. While the connection could be nothing more than a coincidence, it's something to keep an eye on. Shares of Priceline (PCLN) have also pulled in since reporting strong earnings two weeks ago on November 9th.click to enlargeComplete Story » seekingalpha.com |