TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| AutoNation: Riding Out Lower Volume Zacks.com submits: AutoNation (AN) has revealed a 44% rise in profits to $65 million or 36 cents per share in the third quarter from $44 million or 25 cents per share in the year-ago quarter. (See earnings call transcript.) With this, the largest automotive retailer in the U.S. has inched past the Zacks Consensus Estimate of 35 cents per share. Despite lower new vehicle industry volume, the retailer benefited (especially in the Domestic and Import segments) primarily from “Cash for Clunkers” cash incentive vehicle-exchange program. The program, launched by the U.S. Government in late July and open for a month, succeeded in attracting a large number of consumers to the retailer’s showrooms. It aided the retailer’s results for the latest quarter by 7 cents per share.Complete Story » seekingalpha.com |
Toyota Motor Corp. F3Q10 (Qtr End 12/31/09) Earnings Call Question and Answer Session Transcript Toyota Motor Corp. (TM)F3Q10 (Qtr End 12/31/09) Earnings CallFebruary 04, 2010 08:00 am ETComplete Story » seekingalpha.com |
Scorpio Tankers IPO Sets Sail SA Editor Mohit Manghnani submits:Scorpio Tankers (STNG), a provider of sea transportation services priced its IPO yesterday at $13. Business Overview (from prospectus)Complete Story » seekingalpha.com |
Ash Turns Routine Flights Into Overland Odysseys Airports rumbled back to life across Europe, but travelers who opted for land or sea journeys told of epic adventures. travel.nytimes.com |
Delta to Grow on High Travel Demand Zacks.com submits: Delta Air Lines Inc. (DAL), the world’s largest airline, expects third quarter unit revenue to rise on recovering travel demand. The demand for air travel has been growing more than expected so far in September. The economic downturn in 2009 and the oil price hike in 2008 had affected the airline industry during the past two years. Now, with an economic resurgence, demand for air travel is increasing from last year’s depressed levels.Complete Story » seekingalpha.com |