TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Arkansas Best Corp. Q3 2009 Earnings Call Transcript Arkansas Best Corp. (ABFS)Q3 2009 Earnings CallOctober 21, 2009 11:00 am ETComplete Story » seekingalpha.com |
Earnings Preview: Ford theflyonthewall.com submits: Ford (F) is expected to report Q4 earnings before the market open on Thursday, January 28, with a conference call scheduled for 7am ET. GuidanceThe consensus estimate is 26c for EPS and $32.6B for revenue, according to First Call. For Q3, Ford beat consensus estimates for EPS and revenue. At the time it reported its Q3 results, the company said it's on track to exceed FY09 financial targets. Its Q3 results also indicated that the automaker was reversing a multi-quarter trend of negative cash flow. Positives for Q4 include cost cutting, improving volumes and an improving economy. Negatives for the quarter could be seen coming from higher raw material costs, stubborn unemployment and reduced revenue from the company's financial services segment. Complete Story » seekingalpha.com |
Autos to Be Fastest Growing U.S. Industry in Next 5 Years Research Recap submits: Despite all the problems facing automakers, Oxford Economics forecasts that motor vehicles will be the fastest growing industry in the US over the next five years, displacing medical devices which will drop out of the top 10 growth industries list. We are pleased to offer a complimentary download of Oxford Economics Sector Prospects Briefing for the US.Oxford Economics forecasts annual growth of 16.4% for motor vehicles for the next five years. The sector had the worst performance in 2009 with a 41.6% decline. Other sectors with double digit growth forecast for the next five years are Iron and Steel (15.0%), Electric Components, Computers and Office Equipment, Motor Vehicle Bodies and Parts and Casting.Complete Story » seekingalpha.com |
Car Sales Up 14 Percent Year Over Year Calafia Beach Pundit submits: Car sales in June were a bit weaker than expected, but they were nevertheless up 14% from year-ago levels. This series is notoriously volatile from month to month, so looking at the trend is the only way to make sense of it, and to me the trend is clearly up, and at a fairly rapid pace. That's not surprising given the depths to which sales fell—the rebound should be impressive. Nothing here to suggest the economy is "rolling over." I keep searching, but I can't find the signs that point to the double-dip recession that everyone seems to be expecting.Complete Story » seekingalpha.com |
Get Ready for the 'New' General Motors Ian Wyatt submits: In the middle of last year, General Motors Company filed for bankruptcy and collapsed into the government's arms. With only $82 billion in assets and around $172 billion dollars in debt in 2009, General Motors made the call that the best decision was to file for bankruptcy. At the time Chief Executive Frederick Henderson said the move would "...give us another chance". President Barack Obama supported the idea saying that GM would emerge a "...stronger and more competitive" company over the next year.Complete Story » seekingalpha.com |