Ford Focuses on Brazil
Zacks.com submits: Ford Motor (F) has revealed its plan to invest R$4 billion ($2.26 billion) in order to benefit from government tax incentives and lower interest rates in Brazil that are fueling record sales. Presently, Ford is the fourth-largest automaker in the country.Ford has decided to spend R$2.8 billion at the Camacari plant -- a state-of-the-art plant in the northeastern state of Bahiato -- with the aim of increasing output by 20% to 300,000 vehicles a year. The plant produces the sport utility vehicle EcoSport and the Fiesta subcompact. The investment is expected to generate 1,000 jobs in the region. The remaining R$1.2 billion will be invested at Ford's factories in Sao Paulo including its Sao Bernardo plant and a testing facility in Tatui.Complete Story » seekingalpha.com |
High Conviction: A Direct Play on Caribbean Tourism With 60% Margins
Jack Dzierwa submits: Jack Dzierwa is global strategist and co-manager of the infrastructure-focused U.S. Global Investors Global MegaTrends Fund (MEGAX). The fund takes a “picks and shovels” approach to infrastructure investing by not only investing in particular projects but also in the tool, equipment, companies and people that are needed to build or service a project. The fund's $28.5 million in assets is invested across North America, Europe, Asia and other areas of growth around the globe. Jack, what's currently your highest conviction stock position in your fund?Complete Story » seekingalpha.com |
Amerigon Inc. Q1 2010 Earnings Call Transcript
Amerigon Inc. (ARGN)Q1 2010 Earnings CallApril 27, 2010 11:30 am ETComplete Story » seekingalpha.com |
Paragon Shipping: In Depth Analysis for the June 2010 Quarter
Neil Carvin submits: Paragon Shipping, Inc., (NYSE: PRGN) earned $0.14 to $0.15 per diluted share, on a GAAP basis, in 2010's second quarter, which ended 30 June. Earnings per share were less than one third of the $0.48 Paragon made in the same quarter of 2009.Complete Story » seekingalpha.com |
Travel Volume Sets New Record, Trucking Shows Strong Gains
Mark J. Perry submits: The Federal Highway Administration reported recently that travel on all roads and streets in the U.S. increased by +1.5% in September compared to the same month last year. Total travel for the month of September was estimated at 247.8 billion vehicle miles, the highest travel volume ever for the month of September. The September increase in traffic was the fourth consecutive monthly increase compared to the same month last year, and the sixth increase in the last seven months. On a moving 12-month total basis, the annual vehicle-distance traveled through September was 2,990 billion miles, the highest 12-month total since August 2008, more than two years ago (see chart). Complete Story » seekingalpha.com |