| The Shipping Industry's $350 Billion Debt Felix Salmon submits: Landon Thomas’s story on dodgy shipping loans has some absolutely astonishing numbers, the biggest of which is simply the size of the market, which he pegs at a whopping $350 billion. The story is pegged to Eastwind Maritime, a shipper which went bust this summer owing $300 million on a fleet of 55 ships. That’s about $5.5 million per ship, which isn’t very much when the average five-year-old vessel was valued at about $88 million as of June of 2008. But things are different now:Complete Story » seekingalpha.com |
Dry-Bulk Shipping: Rough Waters Ahead Morningstar submits: By Adam Fleck Dry-bulk shipping stocks remain some of the most volatile names in our coverage universe, as evidenced below by Capital Link's dry-bulk equity index, a composite of 14 U.S.-listed shipping companies. The industry has underperformed the S&P 500 (gaining 52% from March 2009 lows compared with a 64% climb in the broader market), but we don't believe the names we cover are particularly cheap.Complete Story » seekingalpha.com |
High Conviction: A Dividend All-Star That's Paving the Way to Global Productivity Rising Dividend Investing submits: Greg Donaldson, an RIA, is founder and director of portfolio strategy for Donaldson Capital Management, based in Evansville, Ind. With 35 years of experience in the securities business, he's founded or co-founded three different investment management companies. Greg's investment approach involves looking for the correlation between stock price growth and dividend growth. He's found that for a few hundred companies, buying stock when its price is below its projected dividend line has been profitable - and, conversely, stocks whose price is outpacing dividend growth often end up as disappointments.Complete Story » seekingalpha.com |
Three Reasons It May Take Tesla Years to Climb Higher Timothy Lutts submits: While Thomas Edison is arguably the best-known American inventor, a cult following has grown up around Nikola Tesla, the Serbian engineer whose skills as an inventor, perhaps superior to Edison’s, were undermined by his inferior business sense. And this cult may have reached its peak on June 29, when the electric car company named Tesla Motors (TSLA) came public, raising $226 million from investors large and small who see great profit potential in the business.Complete Story » seekingalpha.com |
Harley Meets Expectations on Higher Profit Zacks.com submits: Harley-Davidson Inc. (HOG) posted a 66% rise in profit to $93.7 million or 40 cents per share in the third quarter of the year from $56.4 million or 24 cents per share in the same quarter a year ago. The profit was in line with the Zacks Consensus Estimate. The increase in profit was attributable to the company’s aggressive restructuring actions, incorporated in its go-forward business strategy, as well as improvement in profit in Harley-Davidson Financial Services. Complete Story » seekingalpha.com |