TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Oshkosh Corporation F4Q09 (Qtr End 09/30/09) Earnings Call Transcript Oshkosh Corporation (OSK)F4Q09 Earnings CallNovember 3, 2009 9:00 am ETComplete Story » seekingalpha.com |
Stoneridge Earnings Loss Narrows Zacks.com submits: Stoneridge Inc. (SRI) reported a narrower loss of $200,000 or 1 cent per share in the fourth quarter of 2009, compared to the net loss of $108.4 million or $4.63 cents per share in the same quarter a year ago and the Zacks Consensus Estimate of a loss of 4 cents per share. This was attributed to benefits from restructuring and cost-reduction initiatives. Net sales dipped 15.3% to $133.8 million due to the reduction in production volumes in the commercial vehicle markets in Europe (53.9%) and North America (17.9%). Despite this, the Warren, Ohio-based designer and manufacturer of engineered electrical and electronic components, modules and systems for the medium and heavy-duty truck, agricultural, automotive and off-highway vehicle markets generated an operating profit of $2.2 million in the quarter.Complete Story » seekingalpha.com |
Ford & Toyota: A Tale of Two Car Companies Richard Shaw (QVM Group) submits: It’s springtime and we’re thinking about maybe getting a new car. That and the recent problems at Toyota (TM), plus the strong sales at Ford (F), and the not too distant bankruptcy of GM and Chrysler, got us wondering how the car company stocks are doing — not that we are hot to own car company stocks (although we are hot to own a new car). Toyota and Ford were once locked in a fierce fight for the most widely purchased cars — between the Camry and the Taurus. Ford had major rollover safety problems a few years back, and now Toyota has major accelerator safety problems. Ford survived and so will Toyota, we believe. Toyota outclassed Ford in the luxury market (but this week some Lexus models had some safety problems too). Toyota beat Ford to the hybrid market and they have “first mover” kind of advantage, but Ford is putting out a good line of hybrids, and the Fusion is an award winning model.Complete Story » seekingalpha.com |
Group 1 Automotive, Inc. Q2 2010 Earnings Call Transcript Group 1 Automotive, Inc. (GPI)Q2 2010 Earnings Conference CallJuly 27, 2010 11:00 AM ETComplete Story » seekingalpha.com |
Auto Sales Point to Ongoing Recovery Calafia Beach Pundit submits: Total auto sales in September were about 2% stronger than expected. Abstracting from the disruption in the data caused by the ridiculous "cash for clunkers" program last year, and the typical month-to-month volatility in this series, auto sales are up at a 16% annual rate from their Feb. '09 low. That's a pretty impressive rebound. The level of sales is of course still dismally low, but the change on the margin is quite positive. This is fully consistent with an economy that is recovering. With employment, incomes, and confidence rising, I see no reason why this can't continue for the foreseeable future.Complete Story » seekingalpha.com |