| PACCAR Inc. Q3 2009 Earnings Call Transcript PACCAR Inc. (PCAR)Q3 2009 Earnings CallOctober 27, 2009; 12:00 pm ETComplete Story » seekingalpha.com |
GM's Saab Shut-Down Zacks.com submits: General Motors has decided to discontinue its Swedish brand, Saab Automobile, after talks failed with a Dutch automaker, Spyker Cars, to sell the unit. The Detroit automaker was struggling hard to conclude the sale by the end of this month. A few days back, Beijing Automotive Industry Holding Group (BAIC) – China's fifth largest automaker – had agreed to buy powertrain, engine and gear-box technology for Saab's 9-5 and 9-3 sedans technology at an undisclosed price. At that time, GM was planning to liquidate other assets associated with Saab, including its headquarters, which involves more than 3,000 jobs in Sweden.Complete Story » seekingalpha.com |
Will Plug-In Vehicles Be Obsolete Before They Are Profitable? John Petersen submits:Last week I did a 40-minute interview for Hedge Fund Radio, a weekly investment program hosted by John Thomas, the Mad Hedge Fund Trader. While our conversation focused on the unassailable mathematics supporting my contention that plug-in vehicles are wasteful, I was fascinated by John's description of his recent conversations with Toyota Motors (TM) where Toyota confirmed its commitment to NiMH battery technology for hybrid drive and fuel cell technology for electric drive. It's somehow comforting to know that the world's most successful automaker agrees that the first modern plug-in, GM's EV1, died from congenital birth defects and the same flaws will almost certainly doom the next generation of cars with plugs. The best part of the interview was that it gave me a chance to clarify and crystallize my thinking on the basic problem of using batteries to replace the fuel tank for an average American who drives 12,000 miles per year and would normally buy a fuel-efficient car with an internal combustion engine. The quick and dirty summary is:Complete Story » seekingalpha.com |
More Support for Toyota Larry MacDonald submits: Back in April, I wrote about Toyota Motor (TM) stock looking interesting after it got battered down by all the safety recalls. Then along comes the euro crisis and pushes the stock down another 5% or so, even though Toyota’s earnings for the quarter ending in March were above expectations. Cost cutting largely accounted for the performance. Complete Story » seekingalpha.com |
Canadian National Railway Dividend Stock Analysis Dividend Monk submits: SummaryCanadian National Railway (CNI) is a prominent and diverse North American railway.Five year revenue growth is between 2% and 3% annually.Five year earnings growth is approximately 8% annually on average.The balance sheet is strong.The current dividend yield is approximately 2%, with the last increase yielding an approximate 7% growth of the dividend.P/E is a little over 15 at the time of this writing. Overview Founded in 1918, Canadian National Railway is the largest railway in Canada and has significant operations in the United States. The rail network extends from the Atlantic Ocean to the Pacific Ocean through Canada, and also extends southward to the Gulf of Mexico through the United States. The total mileage of track exceeds 21,000.Complete Story » seekingalpha.com |