TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Gulfstream International Takes a Step Closer to Profitability Gulfstream Internatinal Group Inc. (GIA) recently reported its 2008 financial results, which showed reduced losses when compared to 2007. However, after stripping away one time non-operating numbers, the company actually reported a positive EBITDA of $589K, a step in the right direction to reporting positive net income. The company’s initiatives, detailed in the GeoTeam’s original report on February 5, 2009, seem to be bearing fruit as evidenced by company comments in the 2008 year end release:Complete Story » seekingalpha.com |
Bond Market's Wild Action and the State of U.S. Automotive Industry Economic Disconnect submits: Bond Market is Saying Something; Nobody Knows Just WhatAs I have explained before, I am not as astute concerning the bond markets as I would like to be. Hence, it can be hard for me to offer commentary regarding these instruments. Sometimes, however, I am not alone and Monday seemed to be one of those days.Zero Hedge is a very observant fellow, and he was all over the wild action in the short term paper Monday:Complete Story » seekingalpha.com |
Wabtec Corporation Q2 2009 Earnings Call Transcript Wabtec Corporation (WAB)Q2 2009 Earnings CallJuly 24, 2009 10:00 am ETComplete Story » seekingalpha.com |
Corporate Bully of the Day: Hertz Felix Salmon submits: Good on Audit Integrity for fighting back against the blatant bullying being perpetrated on it by Hertz (HTZ). A brief history is in order: on September 16, Audit Integrity released a report, based on new and proprietary analysis, listing 20 large public companies with the highest probability of declaring bankruptcy in the next twelve months. One of those companies was Hertz, which, in its latest 10-K, has a 23 pages of risk factors, including these:Complete Story » seekingalpha.com |
Energy Watch: Solve for California Gregor Macdonald submits: The next BLS release of unemployment data for California comes this Friday, and its bracing to think what the numbers might be. Currently, the broad measure of unemployment for California–or U6–is running at 19.9% and the more conservative measure, which will be updated this this week, is at 12.2%. I’ve written quite alot on the subject of California this year. So, I watch the macroeconomic newsflow that emerges from the state each week, and most of it is pretty awful. This Summer I spent a little time on television making the case to both MSNBC and BNN in Toronto that California was extremely overleveraged to the automobile, and should probably think seriously about building out it’s rail system. At that time the machinations over California’s budget were in full swing, and a number of observers thought the budget agreement would put the state on the right path for at least another year. I was doubtful, and said so at the time. Moreover, I tried to draw the two points together: California was now suffering diminishing returns from its vast automobile and highway system, and it was unlikely to crawl forward again as an economy unless petrol became very cheap again (unlikely), or got serious about transition.Complete Story » seekingalpha.com |