| Northrop Grumman: Ridiculously Undervalued, But Doing Everything Right Northrop Grumman (NOC) is on a roll.The Northrop-built USS New York was commissioned on Saturday. The ship's bow "contains 7.5 tons of steel recovered from the World Trade Center and the ship is named in honor of the victims and heroes of the 9/11 terrorist attack."Complete Story » seekingalpha.com |
Precision Castparts Corporation F3Q10 (Qtr End 12/31/09) Earnings Call Transcript Precision Castparts Corporation (PCP)F3Q10 Earnings CallJanuary 21, 2010 10:00 am ETComplete Story » seekingalpha.com |
Union Pacific Corp. Q1 2010 Earnings Call Transcript Union Pacific Corp. (UNP)Q1 2010 Earnings CallApril 22, 2010 08:45 am ETComplete Story » seekingalpha.com |
Tesla: Great Speed, Limited Range Kris Tuttle submits: Tesla (TSLA) stock is off to the races Tuesday with a very successful IPO. An expanded number of 13 million shares were priced above the range at $17 Monday night. Of course we have seen this race before, such as quite recently (pdf) with A123 Systems (AONE – $9.82) which traded into the low-$20s before eventually falling back to their Intrinsic Value of about $9/share. Going back a bit we had the same experience (pdf) with Netsuite (N – $13.44), which traded up to $40 immediately after their IPO (which enjoyed an increased size and filing range too) before trading down to Intrinsic Value a year later. Complete Story » seekingalpha.com |
NetJets Plans to Expand Fleet Amid Continued Weakness in Business Aviation Ravi Nagarajan submits:NetJets has announced a significant purchase agreement with Embraer (ERJ) that will add up to 125 Platinum Edition Phenom 300s to the NetJets fleet. According to a press release issued Monday afternoon, the agreement with Embraer is the first step in the execution of a ten year fleet plan intended to satisfy the demands of NetJets customers. The company indicates that yesterday’s purchase announcement is the first of several to come in the next few years and that future plans will include midsize and larger fleets in addition to orders already on the books to acquire $2.95 billion worth of aircraft. The agreement between NetJets and Embraer comes at a time when the business jet market is still under significant pressure. According to a survey published on Sunday and discussed in Monday’s Financial Times, Honeywell (HON) is forecasting a softer than anticipated recovery in 2011 which should be followed by more robust conditions in 2012. Honeywell believes that the peak of the next cycle could be even higher than the prior peak in 2008, but this may not occur until late in the decade. Honeywell manufactures a broad array of components used in the assembly of corporate jets.Complete Story » seekingalpha.com |