Why Airline Mergers Don't Work: Scale Is Not a Blessing
Victor Cook submits: On March 24, 2008 my first post on Why Airline Mergers Don’t Work opened with the following paragraph: Ever wonder why over the last 30 years Southwest Airlines management (NYSE: LUV) spent only $0.03 on mergers and acquisitions for every $1.00 of shareholder value they created? By comparison Delta management (NYSE: DAL) spent $2.35 for every $1.00 of value they created. And Northwest (NYSE: NWA) spent $1.61 on M&A for every $1.00 of value they created. In Louisiana we have a name for this kind of strategy: Jumping over a dollar to get to a nickel.Complete Story » seekingalpha.com |
Good News for Ford: People Won't Buy Cars from Doomed Companies - J.D. Power
TheCarConnection.com submits: By Bengt HalvorsonThings haven't looked so hot for Chrysler and General Motors this year. And now it's clear that assurances from the government and CEOs weren't enough to overcome the images of...well, sinking ships. And for the image-conscious, buying a car from a failing company or a retired brand? Not so great...Complete Story » seekingalpha.com |
What Should Toyota Do Now?
Robert Salomon submits: A friend and colleague from Oxford (Mike Barnett, Director of the Saïd Business School Center for Corporate Reputation) sent me a brief Op-Ed he penned about the challenges Toyota (TM) faces in preserving its reputation for quality (see Toyota Can Still Save Reputation). Mike writes:Toyota was high on a pedestal, reputed for its superior quality, and then life-threatening defects captured media attention. How far will Toyota fall? It depends upon how quickly Toyota can capture the conversation.Complete Story » seekingalpha.com |
Earnings Scorecard: UPS
Zacks.com submits: First Quarter ReviewUnited Parcel Service (UPS), the world's largest package delivery company, reported first quarter results on April 27, 2010. The company reported adjusted earnings of 71 cents per share, beating the Zacks Consensus Estimate of 69 cents per share and the prior-year quarter of 52 cents per share.Complete Story » seekingalpha.com |
BE Aerospace, Inc. Q2 2010 Earnings Call Transcript
BE Aerospace, Inc. (BEAV)Q2 2010 Earnings Call TranscriptComplete Story » seekingalpha.com |