TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| West Marine, Inc. Q3 2009 Earnings Call Transcript West Marine, Inc. (WMAR)Q3 2009 Earnings Call TranscriptOctober 29, 2009 12:00 pm ETComplete Story » seekingalpha.com |
Transportation Secretary Says to Stop Driving Recalled Toyotas Hickey and Walters (Bespoke) submit: Transportation Secretary Ray LaHood made the comment today to stop driving recalled Toyotas (TM). As the owner of General Motors, would it be too cynical to think that there is a small ulterior motive in being especially harsh on Toyota? Probably. These days, you can never be too cautious, and the government is just making sure it covers all of its tracks. At any rate, the conspiracy theorists will likely be all over this one. TM shareholders have been getting crushed lately. As shown below, the stock is down from $92 to $72 in just a couple of weeks. Complete Story » seekingalpha.com |
Toyota's Recovery Continues Dr. Duru submits: The bottom in Toyota’s (TM) stock is looking more and more firm. As U.S. auto and truck sales rose 24.3% year-over-year in March, Toyota soared 40.7% on the wings of an intensive ad campaign and generous sales incentives. While one can argue that Toyota bought future sales, these numbers remain astounding in light of the recent recall debacle. These sales numbers confirm what the stock chart has been telling us – Toyota is already in recovery mode. The W-bottom looked firmer than ever when the stock popped above the 200DMA last week. While the stock could not overcome resistance from there, a fill of January’s gap down looks likely sooner than later (click to enlarge).Complete Story » seekingalpha.com |
Delta Airlines Should Outperform After Mixed Quarter Zacks.com submits: Delta Air Lines (DAL), the world’s largest airline, declared its second-quarter 2010 earnings on July 19, 2010. Delta Air Lines was the first major airline to announce its results for the second quarter of 2010. The company’s earnings surpassed the Zacks Consensus Estimate for the quarter but total revenue fell short of expectations. Share price for Delta Air Lines declined 19 cents on the back of disappointed revenue growth. Earnings Delta Air Lines reported second-quarter adjusted earnings of 65 cents per share beating the Zacks Consensus Estimate of 64 cents. Including special items, net income increased to $467 million or 55 cents per share compared with a net loss of $257 million or 31 cents per share in the year-ago quarter. Reported earnings were the highest in the last 10 years. Resurgence in the global economy, improved business travel, international traffic and rising fares were the chief drivers for the airline company.Complete Story » seekingalpha.com |
Will New Entrants Upset the Aerospace Apple Cart? Morningstar submits: By Anil Daka After a period of gradual consolidation, followed by Boeing's (BA) acquisition of McDonnell Douglas in 1997, two main assemblers, Boeing and Airbus, have dominated commercial aviation. While a duopoly might seem to indicate a strong buyer power over suppliers, assemblers have a symbiotic relationship with their supply chain, leading to competitive advantages for both suppliers and assemblers. Further, with new manufacturers from China and Russia looking to challenge the duopoly, assemblers appear to have a fight on their hands.Complete Story » seekingalpha.com |