Recovery? $29 Billion Manufacturer Reports Revenues Off 17%
Greg Feirman submits: Honeywell (HON), a big, diversified manufacturer, reported earnings Friday morning. The company earned 80 cents a share, beating estimates for 72 cents, but revenues were off 17%, more than $1.5 billion to $7.7 billion. They cut Selling, General & Administrative expenses by $275 million (21%), saving 36 cents a share for the quarter.Click to enlarge:Complete Story » seekingalpha.com |
November Railtime Indicators Point to Positive Trend
The AAR is out with its latest railtime indicators for the month of November.The Association of American Railroads (AAR) today released the December 2009 “Rail Time Indicators” report and online video summary. The report notes that November freight rail carloadings were down 8.2% compared with the same month last year and down 17.4% compared with November of 2007. However, if Thanksgiving week were excluded, November would have been the highest volume month of the year for U.S. railroads.Complete Story » seekingalpha.com |
Peak Oil Investments I'm Putting My Money On: Part III, Natural Gas Vehicles
Tom Konrad (AltEnergyStocks) submits: In Part II of this series, I listed five potential substitutes that have been proposed to replace oil as limited supply and growth in developing markets draw oil away from traditional users. These were: Biofuels and Biochemicals Vehicle Electrification Hydrogen Natural Gas Coal and Natural Gas to Liquids Part I looked deeper into the potential for biofuels to displace oil , and made some recommendations as to which stock might benefit most from this trend. Part II looked at vehicle electrification and hydrogen fuel cell vehicles. This part looks at natural gas vehicles [NGVs], their potential to displace oil, and associated potential investments.Complete Story » seekingalpha.com |
Are GDP Numbers to Be Believed?
Chris Ridder submits: click to enlarge DateComplete Story » seekingalpha.com |
Magma Design CEO Discusses F1Q11 Results - Earnings Call Transcript
Magma Design Automation Inc. (LAVA)F1Q11 (Qtr End 08/01/2010) Earnings CallAugust 26, 2010 5:00 pm ETComplete Story » seekingalpha.com |