Berkshire Well Positioned for Buffett's Prediction on Electric Cars
Ravi Nagarajan submits:Warren Buffett met with students from Rice University’s graduate school of business Friday. Each year, Mr. Buffett meets with several groups of business students and provides advice on business and investing topics. According to an article in the Houston Chronicle, Mr. Buffett made some comments regarding peak oil and the prospects for electric cars: Goetgeluk [President of Rice University's finance club] asked what Buffett thought of the peak oil theory — that oil production has peaked and will only decline in the future — and what he believed would replace carbon fuel. Buffett told him that in 20 years, he believes all the cars on the road will be electric. He’s already invested in a Chinese company working on the technology to make it happen.Complete Story » seekingalpha.com |
Ferrari to Show Its Hybrid
Greentech Media submits: The real news in electric vehicles last week was the official unveiling of the hybrid version of the Ferrari 599 GTB Fiorano (FIATY.PK) (as reported by All Cars Electric). The 599 in the model name refers to the 620 horsepower 5.99 liter V-12 engine, now augmented by an electric motor, a lithium-ion battery pack and a flywheel-powered Kinetic Energy Recovery System (KERS). The hybrid development was spurred by the cry of cash-strapped Ferrari owners trying to get a few more miles per gallon. And this Ferrari delivers -- with 11.75 miles per gallon, up from the usual 8.7 miles per gallon. The masters of Maranello strike again.Complete Story » seekingalpha.com |
Stoneridge, Inc. Q1 2010 Earnings Call Transcript
Stoneridge, Inc. (SRI)Q1 2010 Earnings Call TranscriptApril 30, 2010 2:30 pm ETComplete Story » seekingalpha.com |
Landstar System, Inc. Q2 2010 Earnings Call Transcript
Landstar System, Inc. (LSTR)Q2 2010 Earnings Call TranscriptJuly 14, 2010 5:00 pm ETComplete Story » seekingalpha.com |
Sonic Automotive Management Discusses Q3 2010 Results - Earnings Call Transcript
Sonic Automotive, Inc. (SAH)Q3 2010 Earnings Conference CallOctober 26, 2010 11 AM ETComplete Story » seekingalpha.com |