TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Berkshire + Burlington = Hypocrisy, Expediency and Full Dose of Ego? I've gotten tons of calls and emails since the Berkshire (BRK.A)/Burlington (BNI) deal was announced. I'm flattered that so many people care about my thoughts (or are just kind enough to humor me). Having followed Buffett since before he was widely known and cool, I know what a Buffett acquisition looks like. Burlington is out of character.Whether it's motivation, price, method of payment, etc, Burlington is unlike any Berkshire deal I am aware of. While most people focus on the massive size of the deal, it is the least surprising aspect of the transaction. After all, Warren Buffett has often talked about hunting for elephants.Complete Story » seekingalpha.com |
Plug-In Vehicles Are 'Waist Deep in the Big Muddy' John Petersen submits: Generation specific cultural references can be treacherous ground for bloggers because the flashback effect is usually limited to readers with long and vivid memories. In this case, however, the lessons of history are so relevant that I'll accept the risk and offer some context for younger readers. In my youth a war wrapped in the liberal ideology of the Kennedy and Johnson administrations and fueled by an underlying concern over who would control vast oil and gas resources was fought in the jungles of Vietnam, Laos and Cambodia. By current standards, the toll of 47,424 battle deaths was staggering. By the late '60s opposition to the War was widespread and a galvanizing force behind the antiwar movement was music, including an iconic folksong from Pete Seeger, Waist Deep in the Big Muddy.Complete Story » seekingalpha.com |
Earnings Preview: Lockheed Martin theflyonthewall.com submits: Lockheed Martin (LMT) is expected to report Q1 earnings on Wednesday, April 21 before the market open with a conference call scheduled for 9:00 am ET. GuidanceAnalysts are looking for EPS of $1.34 on revenue of $10.62B. The consensus range is $1.27-$1.45 for EPS, and $10.50B-$10.82B for revenue, according to First Call. Lockheed beat Q4 EPS and revenue estimates and raised its FY10 guidance. Since then, the company has won several contracts. On March 2, it was awarded a $568M contract to provide incremental funding for the F-22 weapons systems. Despite these positive events, Lockheed’s F-35 fighter jet project, a main driver of future growth, is four years behind schedule and 62% above original cost estimates, according to a March 22 article by the Washington Post. Complete Story » seekingalpha.com |
Under the Hood: Why I Wouldn’t Buy Tesla IPO Wall Street Cheat Sheet submits: By Damien HoffmanTesla was a genius. Buying shares of the new IPO for the car company named after the innovator … not so genius.Complete Story » seekingalpha.com |
Southwest's Expansionary M&A atmabus submits: M&A can work, just not for the elephants in the room. This week, I intertwine two topics I've discussed before in light of major events announced last week in the airline industry.First, the good. I like to write about admirable companies; those that are profitable, well run, culturally hip, and leave a positive footprint on society. I wrote about Starbucks (SBUX) in great detail; and certainly Southwest Airlines (LUV) is one that tops my list.Complete Story » seekingalpha.com |