Ford Gaining on Honda, Toyota in Perceived Quality
TheCarConnection.com submits: Among mainstream brands, consumers still rate Honda (HMC) and Toyota (TM) highest in quality—whether that is or isn't the case on actual quality surveys. But Ford (F) is quickly gaining ground. That's according to the latest Perceived Quality Study (PQS), from residual values expert Automotive Leasing Guide (ALG). Perceived quality sometimes fails to mirror actual quality. Here, there's no better example than Volkswagen, which ALG says has maintained a strong perceived level of quality even though the brand has placed low in actual metrics for quality.Complete Story » seekingalpha.com |
Rail Traffic: 2010 Is Looking a Lot Like 2009
John Lounsbury submits:The AAR (American Association of Railroads) report through February was released yesterday (see here). So far 2010 is starting the same way that 2009 did.The following graphs have been selected from the report.Complete Story » seekingalpha.com |
Westinghouse Air Brake Technologies Corp. Q1 2010 Earnings Call Transcript
Westinghouse Air Brake Technologies Corp. (WAB)Q1 2010 Earnings CallApril 27, 2010 10:00 am ETComplete Story » seekingalpha.com |
Toyota Crashes Not Caused by Engineering Problems
Tom Lindmark submits:Barring some new calamity, the three biggest corporate villains of 2010 have been Goldman Sachs (GS), BP (BP) and Toyota (TM). All have been subjected to Congressional inquisitions and seemingly endless pillorying by the media, and all have parted with significant sums of money in an effort to put their problems behind them. At least one appears to have been the victim of a rush to judgment. The WSJ has a report out that Toyota’s vehicles that supposedly ran amok were in fact most likely misused by those in control of the cars.Complete Story » seekingalpha.com |
Hedge Funds Keep Up Railroad Fad With Australian QR National IPO
Market Folly submits:A recent Australian initial public offering (IPO) has caught the eye of many prominent hedge funds. QR National (Trading on the ASX as QRN), Queensland Rail's primarily coal network in Australia, recently became public with the backing of various new hedge fund owners. Shares IPO'd at AUD $2.55 and are now trading around AUD $2.77. It priced at the low end of the range and the Queensland government is left with a 40% ownership stake after the IPO raised $4.5 billion.Adam Weiss and James Crichton's Scout Capital has disclosed a 5.1% ownership stake in QRN with 124 million shares (around a $316 million stake). We also recently detailed how Scout boosted its stake in Coca-Cola Enterprises (CCE). The Children's Investment Fund has also disclosed a 6.1% ownership stake in QRN with a $316 million position. Overall, 46% of QRN's recently IPO'd shares went to overseas investors with the buzz being that numerous other hedge funds have smaller positions.Complete Story » seekingalpha.com |