| Transportation Policies Choosing between a bad driver and a drunken driver; keeping compensation from an airline; and questioning the safety of vigorous activity. nytimes.com |
Stiff Fines Are Set for Long Wait on the Tarmac Carriers that do not provide food and water after two hours or a chance to disembark after three hours will face penalties of $27,500 a passenger. travel.nytimes.com |
What Toyota Can Learn From Detroit Rick Newman submits:For years, the American automakers studied Toyota (TM), trying to mimic its engineering and manufacturing success as their own sales plunged. Now, Detroit may finally be able to teach its Japanese rival something in return. Toyota's legendary quality control has obviously slipped, with the worldwide recall of more than 8 million vehicles for problems ranging from minor to dangerous. But Toyota also seems to have some cultural and leadership problems that are making its predicament worse. For the past month, since American regulators forced a huge recall to address "sudden acceleration" in eight popular models, Toyota has failed to make a convincing case that it has the situation under control. Headlines demonize the automaker, even though it can still boast more satisfied customers than most of its competitors. And executives in suits making meek apologies seem tone-deaf to what people really want to hear: contrition, yes, but also some passion about their product and a fighting spirit.Complete Story » seekingalpha.com |
Heroux-Devtek Inc. F4Q10 (Qtr End 03/31/10) Earnings Call Transcript Heroux-Devtek Inc. (HRX)F4Q10 (Qtr End 03/31/10) Earnings Call TranscriptMay 28, 2010 10:00 am ETComplete Story » seekingalpha.com |
General Dynamics: A Strong Value Investment Kumar Belle submits: General Dynamics Corporation (GD) is the fifth largest defense contractor in the world. It is a conglomerate active in four main business segments: Aerospace, Combat Systems, Marine Systems, and Information Systems & Technology. The company is a conglomeration of varied businesses built up through acquisitions and divestitures. In the 1990s the company started expanding beyond its core businesses of shipbuilding and land combat systems into information technology and passenger jets. The company’s 2009 revenues were $31.98 Billion.The Aerospace group comprises Gulfstream Aerospace Corporation, Jet Aviation and General Dynamics Aviation Services (GDAS). In 2009 the Aerospace group contributed to 16% of the company’s total revenues with sales of $5.2 billion. This was a decline of about 6 percent from 2008, but expected given the difficult economic environment.Complete Story » seekingalpha.com |