| Liberals and Conservatives Agree: Proposed Oversight Bill Will Make Things Worse Washington's Blog submits: When a liberal labor leader and a conservative financial policy analyst unite against something, you know that something is really bad (actually, I don't believe in the whole false left-right dichotomy; I think its Americans versus those trying to steal our wallets and our rights, but that's another story). Yesterday, AFL-CIO president Richard Trumka slammed the Fed and the proposed "TARP on steroids" legislation in his testimony to Congress. Here are the must-read parts of Trumka's prepared remarks to the House Financial Services Committee:Complete Story » seekingalpha.com |
Ford Tops in Vehicle Residual Value Zacks.com submits: After 36 months in service, the projected resale value of 2010 Ford (F) vehicles (Ford, Lincoln and Mercury) has gone up by an average of $1,310 per vehicle compared to the 2009 model year. This is the largest increase compared to other automakers based in the U.S. Ford accredited its improved quality and design as well as fuel economy in vehicles for the increase in residual value. For example, the redesigned 2010 Ford Taurus' projected average resale value after 36 months in service exceeded the 2009 Taurus by $4,862.Complete Story » seekingalpha.com |
Auto Sales Speed Through March Wall Street Strategies submits:Auto sales have been rolling in all day and for the most part have been a little less than stellar.Ford (F) reported sales that increased about 40% year over year, and while that is a great number, a good portion of the increase came from fleet sales and was also buttressed by much higher incentives. That being said, the Company's market share was about 16.5% and continues to improve.Complete Story » seekingalpha.com |
Magma Design Automation Inc. F4Q10 (Qtr End 05/02/2010) Earnings Call Transcript Magma Design Automation Inc. (LAVA) F4Q10 (Qtr End 05/02/2010) Earnings Call May 27, 2010 5:00 PM ETComplete Story » seekingalpha.com |
FedEx Exhibits Lukewarm Economy, But Misses Earnings Estimates Wall Street Cheat Sheet submits: Shipping giant FedEx (FDX) continues to have some small problems keeping Wall Street earnings expectations in check. However, the global economic bellwether still proves the economy is doing much better than apocalyptic bears are preaching. “[T]he economic environment and growth prospects are much improved from a year ago,” said FedEx CEO Frederick Smith. Smith and FedEx’s numbers show us growth going forward may be slower than eternal optimists crave, but it’s growth nonetheless.Complete Story » seekingalpha.com |