Asbury Automotive Group Inc. Q3 2009 Earnings Call Transcript
Asbury Automotive Group Inc. (ABG)Q3 2009 Earnings CallOctober 29, 2009; 10:00am ETComplete Story » seekingalpha.com |
Rail Traffic Remains Mixed
The Pragmatic Capitalist submits: The latest data from the AAR continues to show a near-term rebound in rail traffic trends, however, the bigger picture is showing a more mixed recovery. For the week ending January 30th, total carloads jumped 7% year over year, but declined 12.7% compared to 2008. Intermodal traffic was also mixed with a 7.5% jump from 2009, but down 9.7% from 2008. Breadth was again positive this week as 13 of the 19 commodity groups showed gains. All in all, this data continues to reflect the weak recovery, but is showing certain signs of a recovery from the low trough of 2009. Complete Story » seekingalpha.com |
Toyota Penalized the Maximum $16.4 Million
Ockham Research submits: The National Highway Traffic Safety Administration has levied a $16.4 million penalty against the world’s largest automaker, Toyota Motor (TM). US Transportation Secretary Ray LaHood said that Toyota “knowingly hid a dangerous defect.” The penalty is far greater than the NHTSA’s previous largest fine, a $1 million penalty against General Motors for faulty windshield wipers. “We now have proof that Toyota failed to live up to its legal obligations,” LaHood said in the statement. “Worse yet, they knowingly hid a dangerous defect for months from U.S. officials and did not take action to protect millions of drivers and their families.”Complete Story » seekingalpha.com |
Macdonald Dettwiler: A Down-to-Earth Profit Provider
Market Blog submits: By David BermanCompanies that have big dreams can scare away conservative investors, many of whom focus on the high costs and the potential failure of realizing those dreams. In the case of MacDonald Dettwiler and Associates Ltd. (MDDWF.PK), the dream looks particularly fanciful. Satellite refuelling stations? Uh, okay.Complete Story » seekingalpha.com |
FedEx CEO Discusses F1Q2011 Results - Earnings Call Transcript
FedEx Corporation (FDX)F1Q2011 Earnings Call TranscriptSeptember 16, 2010 8:30 am ETComplete Story » seekingalpha.com |