General Dynamics Corporation Q3 2009 Earnings Call Transcript
General Dynamics Corporation (GD)Q3 2009 Earnings CallOctober 28, 2009 11:30 am ETComplete Story » seekingalpha.com |
B/E Aerospace Q4 2009 Earnings Call Transcript
B/E Aerospace (BEAV)Q4 2009 Earnings CallFebruary 2, 2010 9:00 am ETComplete Story » seekingalpha.com |
Rail Traffic Surges to New High
The Pragmatic Capitalist submits: Warren Buffett is looking smarter by the day as rail traffic continues to make gains. For the week ending March 27th, rails originated 293K carloads which was the highest level since November 2008. This was 16.5% higher versus 2009, but down 11.6% versus 2008. Intermodal traffic is also making a sharp rebound with a 12% year over year increase, but a 5.3% decline versus 2008.Click to enlargeComplete Story » seekingalpha.com |
Riding the Rails, Until the Weather Caught Up
Downed trees and power lines block Amtrak's Capitol Limited train bound for Chicago from Washington, stranding and infuriating passengers during unscheduled stop in Connellsville, Pa; delay is complicated by derailed freight train and whiteout conditions on highway that prevent replacement workers from relieving train crew query.nytimes.com |
Was Continental Headed for Bankruptcy Before Merging With United?
Sudhanshu Jain submits:The airline industry is a highly competitive industry which generally earns low returns because of the high cost of operation. This can bring disaster when times get tough in th economy. Continental Airlines (CAL) is the fourth largest airline in the US based on revenue passenger miles. It was founded in 1931 and commenced operations in 1934. Continental Airlines had been through Chapter 11 twice. It filed for the bankruptcy for the first time in September 1983 and remained under Chapter 11 from 1983 to 1986. Continental filed for its second bankruptcy in 1990 mainly due the increased jet fuel prices after the Gulf War of 1990. In 1993, Air Canada, Air Partners and Texas Pacific Group enabled Continental to emerge from bankruptcy by investing $450 million in the airline.Complete Story » seekingalpha.com |