| Backlog of Flight Delays After Computer Problems The glitch in the system that feeds flight plans to air traffic controllers, which also failed in August 2008, snarled thousands of flights in the eastern U.S. nytimes.com |
International Speedway Corp. Q4 2009 Earnings Call Transcript International Speedway Corp. (ISCA)Q4 2009 Earnings CallJanuary 28, 2010 9:00 am ETComplete Story » seekingalpha.com |
General Maritime Corp. F1Q2010 Earnings Call Transcript General Maritime Corp. (GMR)F1Q10 Earnings CallApril 29, 2010 10:00 am ETComplete Story » seekingalpha.com |
LA Port Shipping Boom: Highest June on Record Mark J. Perry submits: I reported yesterday that international trade reached a 19-month in May, and today's report from the Port of Los Angeles provides additional statistical evidence of an ongoing boom in international trade activity. Shipping volume reached a 22-month high in June of 730,318 TEUs, the highest monthly shipping activity since August of 2008 (see chart above), and 32.38% above June last year. On a year-to-date basis, shipping activity at the LA Port is up by 15%. Other highlights include: •Strengthening of the overall trade environment. Complete Story » seekingalpha.com |
Ford: Not Out of the Hole, But Future Looks Brighter JunoTrade submits: With enthusiastic third quarter reporting finally in (see report here; earnings call transcript here), Ford (F) and GM seemed to be generating cautious optimism in the stock market Tuesday. As the world’s most profitable automaker, Ford, of Dearborn, Michigan, a Detroit suburb, still has a heavier debt load than both Chrysler and GM. Because the company borrowed a hefty $23 billion in late 2006, it was able to withstand the deadly drag of the recession, but the reality that rising gas prices killed the SUV market added to its struggle for survival. However, the fact that Ford did not declare bankruptcy, nor did it borrow any money from the government seems to have made a lasting and positive impression on the American public. Consumers tend to reward those they admire with loyalty and sales. Ford’s new survivalist image probably accounts for some of its increased American sales which are pushing production from 570,000 vehicles to an estimated 590,000.Complete Story » seekingalpha.com |