PACCAR Inc. Q3 2009 Earnings Call Transcript
PACCAR Inc. (PCAR)Q3 2009 Earnings CallOctober 27, 2009; 12:00 pm ETComplete Story » seekingalpha.com |
UPS Beats Estimates, Gives Positive Outlook
Zacks.com submits: United Parcel Services Inc.’s (UPS) fourth quarter operating earnings per share of 75 cents came in ahead of the Zacks Consensus Estimate of 73 cents and management’s earlier guidance of 58-65 cents. However, this was lower compared to 83 cents recorded in the prior-year quarter. Results reflected strong performance in the international segment and decreased operating expenses, which was offset by a decline in the revenues and operating margins of the U.S. domestic package and supply, chain and freight segments.Complete Story » seekingalpha.com |
Will Plug-In Vehicles Be Obsolete Before They Are Profitable?
John Petersen submits:Last week I did a 40-minute interview for Hedge Fund Radio, a weekly investment program hosted by John Thomas, the Mad Hedge Fund Trader. While our conversation focused on the unassailable mathematics supporting my contention that plug-in vehicles are wasteful, I was fascinated by John's description of his recent conversations with Toyota Motors (TM) where Toyota confirmed its commitment to NiMH battery technology for hybrid drive and fuel cell technology for electric drive. It's somehow comforting to know that the world's most successful automaker agrees that the first modern plug-in, GM's EV1, died from congenital birth defects and the same flaws will almost certainly doom the next generation of cars with plugs. The best part of the interview was that it gave me a chance to clarify and crystallize my thinking on the basic problem of using batteries to replace the fuel tank for an average American who drives 12,000 miles per year and would normally buy a fuel-efficient car with an internal combustion engine. The quick and dirty summary is:Complete Story » seekingalpha.com |
New $5B Defense Contract Underlines Lockheed's Upside Potential
Zacks.com submits: Lockheed Martin Corp. (LMT) won a contract from the U.S. Special Operations Command to provide full-scope logistics support to warfighters around the globe. The company will provide a wide range of mission-critical services, from aircraft and vehicle maintenance to IT and electronics support. The contract has a potential value of $5 billion spread over 10 years. Under the contract, Lockheed Martin will repair and maintain the fleet of special operations aircraft, ground vehicles, weaponry and electronics equipment as well as manage a global supply chain of parts, warehouses, and depots. The company will also manage and upgrade the command's critical infrastructure, from secure IT networks to worldwide facilities. Lockheed Martin will work with the Special Operations Forces Support Activity to implement leaner and more efficient business processes that will deliver more reliable, responsive support at lower costs and on shorter timelines. Complete Story » seekingalpha.com |
Canadian National Railway Dividend Stock Analysis
Dividend Monk submits: SummaryCanadian National Railway (CNI) is a prominent and diverse North American railway.Five year revenue growth is between 2% and 3% annually.Five year earnings growth is approximately 8% annually on average.The balance sheet is strong.The current dividend yield is approximately 2%, with the last increase yielding an approximate 7% growth of the dividend.P/E is a little over 15 at the time of this writing. Overview Founded in 1918, Canadian National Railway is the largest railway in Canada and has significant operations in the United States. The rail network extends from the Atlantic Ocean to the Pacific Ocean through Canada, and also extends southward to the Gulf of Mexico through the United States. The total mileage of track exceeds 21,000.Complete Story » seekingalpha.com |