TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Five Reasons Not to Buy American Cars Rick Newman submits:Buy a [[GM]] or Chrysler vehicle, and the warranty will backed by the full faith and credit of the U.S. government. Is that a good enough reason to buy domestic? Probably not. With GM and Chrysler begging for billions in government aid to survive–and Ford (F), which hasn't taken any bailout money, still hemorrhaging money–many car buyers don't want anything to do with the once-mighty American auto industry. Polls show that at least half of Americans oppose the auto bailout, which isn't surprising considering that Detroit's market share has dropped from 75 percent in the 1970s to less than 50 percent today. Millions of once-loyal domestic consumers feel burned by shoddy products and arrogant service.Complete Story » seekingalpha.com |
Someone Other than the Government Should Step Up to Restructure GM BlindReason submits: I've had a lot of pieces very critical of the government preserving union contracts at the expense of senior secured debt holders. I think the Unions held both General Motors (GM) and Chyrsler to contracts that did not reflect economic realities and preserved benefits in health care and pay without work that are not realistic.Despite my unhappiness with the Unions coming in senior to Senior Secured Creditors there really are no other bidders or consortium coming in to bid. GM is a pretty big deal and it sounds like the government is going to be putting in $50 billion or so. Chrysler is a bit more perpelxing though since it's relatively bite sized.Complete Story » seekingalpha.com |
Stocks Going Ex-Dividend in July Stockerblog submits: If you want to try the stock trading technique called 'Buying Dividends,' which is the process of buying stocks before the ex dividend date and selling the stock shortly after the ex date at about the same price, yet still being entitled to the dividend, there are many stocks to choose from. This technique generally works only in bull markets.When you buy dividends, there are many stocks in many different sectors to choose from. In order to be entitled to the dividend, you have to buy the stock before the ex-dividend date, and you can't sell the stock until after the ex date. The actual dividend may not be paid for another few weeks. WallStreetNewsNetwork has compiled a free downloadable and sortable Excel list of the stocks going ex dividend during the first half of July. They came up with many companies all with market caps over $500 million. Here are a couple examples showing the stock symbol, the ex-dividend date and the yield:Complete Story » seekingalpha.com |
Southwest's Failed War of Attrition Vaughn Cordle submits:Time for Southwest to Raise Fares & Ancillary Fees Airlines have yet to fully understand what higher bag [and other ancillary] fees will do to demand once fully developed. One has to assume that extra fees will eventually cut into the fare revenue stream.Complete Story » seekingalpha.com |
Manhattan Bridge Subway Lines to Be Disrupted The vertical cables on the bridge will be replaced over the next four years, as part of the bridge’s restoration. Subway service will be suspended on as many as eight weekends. nytimes.com |