| Ford Fusion Gets Top Marks, Company Stock Soars TheCarConnection.com submits: A year ago, many people were predicting the end of Detroit. In light of the financial sector's collapse and the subsequent Big Three implosion (not to mention a few highly publicized chats between Detroit CEOs and members of Congress), naysayers around the world insisted that America's moment to shine was over -- at least as far as cars were concerned. Today, however, we need look no further the Ford Motor Company to see that rumors of Detroit's death have been greatly exaggerated. Tuesday, the popular Ford Fusion sedan was awarded Motor Trend magazine's car of the year award. Fuel-efficient and affordable (starting under $20,000), the 2010 Ford Fusion scored a whopping 8.8 review here at TheCarConnection.com, and it's had similar appeal among the buying public. Over the past year, the Fusion has boosted sales and helped expand Ford's U.S. market share by almost a full percentage point: the company now holds 15.8% of the American market.Complete Story » seekingalpha.com |
Rail Traffic Improves, Still Weak The Pragmatic Capitalist submits: The trend in rail traffic remains up, but is still showing signs of a weak recovery. In their latest report, the AAR is reporting total carloads of 277K, up 3.9% year over year and down 11.1% compared to 2008. Intermodal traffic traffic was up 2.9%, but declined 4.4% compared to 2008. Breadth of the data continues to improve as 13 of the 19 commodity groups showed improvement. All in all, the data is fairly positive, but continues to show a weak rebound. Complete Story » seekingalpha.com |
High Conviction: Tide Is Rising for the Global Shipping Sector Brad McFadden of the Daily Trading Report manages a global macro proprietary fund that's essentially “looking for beta rather than alpha.” They're looking to ride primary trends of major asset classes with about half of their capital, and look for deep value or overvalued situations in global sectors or themes (not individual stocks) with the other half - with exposure gained primarily through ETFs and LEAPS options. Without third-party investors, he says, “we're not bound by the unspoken requirement to produce positive returns on a quarterly or even semiannual basis. Perhaps this is why we are not scared to look to sectors/markets that are completely out of favor.”Complete Story » seekingalpha.com |
Metropolitan Diary A chance encounter comes full circle after 37 years, a curious way to not hail a cab, and a reverie on a decisive moment. nytimes.com |
United Parcel Service CEO Discusses Q3 Results - Earnings Call transcript United Parcel Service Inc Q3 2010 Earnings Conference CallOctober 21, 2010 08:30 am ESTComplete Story » seekingalpha.com |