| LKQ Corp. Q3 2009 Earnings Call Transcript LKQ Corp (LKQX)Q3 2009 Earnings CallOctober 29, 2009 10:00 am ETComplete Story » seekingalpha.com |
GE Engines to Power Chinese Planes Zacks.com submits: One of the most advanced jet engines soon to enter service has been selected as the sole western power plant for China’s new C919 single-aisle, 150-seat passenger jet. Manufactured by CFM International, which is a 50/50 joint venture between General Electric Co. (GE) and SAFRAN Group, the engine could end up powering more than 2,000 planes over the next 20 years based on estimates by the developer and manufacturer of the C919, Commercial Aircraft Corporation of China (COMAC). The deal marks a new era for the joint venture, which last year extended its partnership through 2040 in order to power the next-generation of single-aisle commercial aircraft.Complete Story » seekingalpha.com |
The Week Ahead: iPads, Airlines and Australian Interest Rates Prieur du Plessis submits: The video clips below provide a handy summary of the reports expected on the economic, financial and corporate front around the globe during the week ahead. U.S.: Quiet before economic stormComplete Story » seekingalpha.com |
Does Every Brand Belong in China? David Wolf submits: According to BusinessWeek, America’s big auto makers appear to be getting ready to boot some of their brands. You only have to spend a few hours walking along a strip of auto dealerships to understand why. Over the past two decades, the growing number of models under a given brand and the increasing reliance of the industry on cutting the number of “platforms” on which their cars are based means that differentiation among brands is disappearing. (Seriously – apart from cosmetics, the difference between a Buick, a Pontiac, and a Chevy in a U.S. dealership is almost negligible.)Complete Story » seekingalpha.com |
AAR Corp. Posts Upbeat 1Q Results Zacks.com submits: AAR Corporation (AIR) posted upbeat results for the first quarter of fiscal 2011 based on the huge leap in revenue from the Government and Defense Services attributable to the acquisition of Aviation Worldwide Services (AWS) in April 2010.During the quarter, net income was $13.7 million or EPS of 35 cents, up 34.3% from the net income of $10.2 million or EPS of 27 cents in the corresponding period of fiscal 2010. Reported EPS beat the Zacks Consensus Estimate of 30 cents.Complete Story » seekingalpha.com |