TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Earnings Preview: Honeywell International Honeywell International (HON) is expected to report Q3 earnings before the market open on Friday, October 23 with a conference call scheduled for 8 am ET. GuidanceAnalysts are looking for a profit of 72c on revenue of $7.88B. The consensus range is 65c-78c for EPS, and revenue of $7.62B-$8.05B, according to First Call. When the company reported its Q2 results it announced that it expected Q3 EPS 70c-75c and revenue of $7.7B-$8.1B. Honeywell also gave guidance for FY09 EPS of about $2.85 versus consensus of $2.78, and FY09 revenue of about $31.5B versus consensus of $32.97B. However, the company's CEO tempered the forecast by stating that Honeywell was "not planning for any recovery" in 2009. The company's shares have climbed just over 10% since its last earnings report, to $37.68 from $33.99. However, with over 50% of the company's sales overseas, the general feeling is that the weaker foreign markets could weigh down Honeywell's Q3 results. Complete Story » seekingalpha.com |
AMETEK Inc. Q4 2009 Earnings Call Transcript AMETEK Inc. (AME)Q4 2009 Earnings Call January 26, 2010 8:30 am ETComplete Story » seekingalpha.com |
What Recovery? Shipping in Worst Slump Since WWII Michael Panzner submits: We interrupt the euphoria in the stock market to bring you this breaking news flash --"Shipping Market Worst Since World War II, Fisher Says" (Bloomberg) The world shipping market is mired in its biggest slump since World War II, said James Fisher & Sons Plc, a U.K. hauler of oil products.Complete Story » seekingalpha.com |
The Future Market for Alternative Cars Frank Holmes submits:Tesla became the first American automaker to go public since 1956 yesterday as shares began trading under the ticker TSLA on the Nasdaq. With its most expensive car selling for more than $100k, Tesla is looking to strike a chord with wealthy yet environmentally conscious car buyers. Later this year, Chevrolet hopes its Volt (a price tag about half the size of the Tesla Roadster) will become the first electric car for the masses. Building this industry from the ground up isn’t an easy task. There were more than 260 million registered vehicles in the United States last year and only a small percentage of those are fueled by alternative energies.Complete Story » seekingalpha.com |
Tata Motors Puts the Pedal to the Metal in India’s Car Market Investment U submits: Tony D’AltorioMany investors know that as of this year, China has the world’s largest car market. But too many have no clue about India’s fast-paced automotive sales. Sales there have been driven sharply higher by several factors, all leading to one impressive final result. The Society of Indian Automobile Manufacturers (SIAM) reported that passenger car sales hit a record high last month at 158,764, rising by 38% year-on-year. That growing demand actually contrasts with China, where July sales rose at their slowest pace in 15 months. Of course though, India didn’t put the brakes on its economy in the same way… far from it.Complete Story » seekingalpha.com |