| Manhattan Bridge Subway Lines to Be Disrupted The vertical cables on the bridge will be replaced over the next four years, as part of the bridge’s restoration. Subway service will be suspended on as many as eight weekends. nytimes.com |
Northrop Grumman Corporation Q4 2009 Earnings Call Transcript Northrop Grumman Corporation (NOC)Q4 2009 Earnings Call TranscriptFebruary 4, 2010 10:30 am ETComplete Story » seekingalpha.com |
Why Record Fine Is Good for Toyota Rick Newman submits:Is $16.4 million a lot of money? The government seems to think so. In a stern-sounding announcement, the Transportation Department has said it is imposing the "maximum civil penalty" against Toyota (TM) for taking too long to tell the government about the "sticky-pedal" defect that ultimately led to the recall of 2.3 million U.S. cars. Automakers have five days to tell the government about a safety problem once they know about it. Transportation Secretary Ray LaHood says that Toyota waited at least four months before telling the feds about the sticky-pedal problem. The resulting fine, according to DOT's announcement, "would be the largest civil penalty ever assessed against an auto manufacturer." Sounds severe. But Toyota would be getting off cheap by paying the fine. In fact, it might be just what Toyota needs to put the recall nightmare behind it and start repairing the damage.Complete Story » seekingalpha.com |
Earnings Preview: United Parcel Service theflyonthewall.com submits: United Parcel Service (UPS) is expected to report Q2 earnings before the market open on Thursday, July 22 with a conference call scheduled for 8:30 am ET. GuidanceAnalysts are looking for EPS of 77c and revenue of $11.98B. The consensus range is 70c-83c for EPS, and $11.72B-$12.35B for revenue, according to First Call. UPS reported disappointing Q1 results, missing both EPS and revenue estimates. On its Q1 earnings conference call, management noted that, “the U.S. was still not in a robust economy.” Recent sentiment on the stock has been mixed. Positive news included BB&T’s July 12 upgrade to a Buy from a Hold with a $75 target. Complete Story » seekingalpha.com |
FedEx Delivers! Soos Global Capital submits:If you were away from the screens and had heard that a company, whose stock you own, had just reported earnings that were double that of the year earlier period, you'd be sure that your cash register was ringing!In today's case of FedEx (FDX), once you'd look at your screen you'd be calling your computer repair company thinking that the big red number next to FDX could only mean that your computer malfunctioned.Complete Story » seekingalpha.com |