Twin Disc, Incorporated F3Q10 (QTR End 09/25/09) Earnings Call Transcript
Twin Disc Incorporated (TWIN)F3Q10 Earnings CallOctober 19, 2009 2:00 pm ETComplete Story » seekingalpha.com |
Buffett's BNI Buy and the White House Rail Projects Agenda
Ira Stoll submits: Back on November 3, after Berkshire Hathaway's (BRK.A) deal to acquire the Burlington Northern and Santa Fe Railroad (BNI) was announced, FutureOfCapitalism.com wrote:Compare Burlington Northern Santa Fe's route map with the map of proposed high speed rail projects competing for $8 billion in federal stimulus funding and you can get a sense of some of the opportunities for Berkshire Hathaway and Warren Buffett.Complete Story » seekingalpha.com |
Take the Train or the Plane?
Elyse Andrews submits: In my last issue, I wrote about my many recent travels, including a quick trip to New York City last weekend. I had a bad feeling going into the trip–the weather prediction was not favorable and I felt my travels had been too good to be true so far–call it a premonition. And that feeling turned out to be right. My flight home to Boston was canceled because of the wet weather and I was unable to get through to Delta (DAL) via phone, email and Twitter. So I took matters into my own hands, booked a train ticket and high-tailed it out of New York.Complete Story » seekingalpha.com |
Baltic Dry Index Submerges
What happens when consumer demand drops off a cliff as it has over the last quarter? Shipments of goods and raw materials will likely follow. How are those shipments measured? Let’s check in on trends and developments within the Baltic Dry Index. The Financial Times highlights the fact that the BDI is submerging precipitously and writes today:Complete Story » seekingalpha.com |
Pension Obligations Could Still Sink General Motors
Ravi Nagarajan submits:General Motors took the first step toward a new public offering last week with the filing of a massive Form S-1 with the SEC. While exact terms of the offering are not known yet, Barron’s has estimated that the IPO transaction may be worth $15 billion and would result in a market capitalization of $60 billion. With the United States Treasury owning over 60 percent of the company, the IPO represents a partial exit strategy for Uncle Sam and an opportunity for GM to shed the “Government Motors” stigma that has negatively impacted consumer perceptions. Aggressive Pension Plan Assumptions – A Red Flag?Complete Story » seekingalpha.com |