| Genuine Parts Company Q3 2009 Earnings Call Transcript Genuine Parts Company (GPC)Q3 2009 Earnings CallOctober 16, 2009 11:00 am ETComplete Story » seekingalpha.com |
Climate Change Legislation and Transport ETFs Tom Lydon (ETF Trends) submits: The need for a greener planet and cleaner air will not only positively affect the way we live; it could also reap rewards for transportation-focused exchange traded funds. CNN Tech reports that as global climate change intensifies, many around the globe – from governments to companies to individuals – have also warmed to train travel. Traveling by rail is on average three to 10 times less CO2-intensive compared to road or air transport, according to the UIC, an organization of the railway sector based in Paris.Complete Story » seekingalpha.com |
Bombardier: Flying a Bit Too High Market Blog submits: By David Berman Bombardier Inc. (BDRAF.PK) shares have risen more than 30% over the past three months, partly because of new orders for its business planes and C Series commuter jet. That can mean only one thing for investors: time to lighten up on your expectations.Complete Story » seekingalpha.com |
What's Next for the Tanker Industry? Sairsint submits: Bloomberg reported June 14:“Supertanker rates are poised to surge to a two-year high by December as China’s demand for oil sends ships the equivalent of 11 extra times around the globe in a month. The 31% jump in China’s imports increased return journeys for supertankers to about 1.13 million miles in April, or 284,000 miles more than a year ago, based on customs data and voyage lengths. Daily rates may reach $100,000 by December, said Rikard Vabo, an analyst at Fearnley Fonds ASA, whose November recommendation to buy shares of Frontline Ltd., the biggest supertanker operator, earned 49%. His prediction for freight is 43% higher than the June 11 price of $70,025.”Complete Story » seekingalpha.com |
A Look at the Global Tire Industry World Market Pulse submits:The automobile industry is one of the dominating sectors because many economic activities rely on and are linked to automobile production. If you include suppliers, car services, garages or retailers, a total of about 5 million employees depend on the success of the automobile industry. With changing technologies, production concepts, strategies and products, the automobile industry is often an initiator of innovations in other related industries as well.As the world tries to come out of economic recession, the first sector to witness positive movement has been the Automobile sector and since its linked to related sectors like tire industry, plastics industry and metal processing, all the sub sectors are slowly witnessing a silent revival. As more and more people look at buying automobiles slowly, the tire industry is also set to attain a positive movement from the pits, where it has been for most of last year. The recession had people reducing spending across the board, which meant that they had been putting of those new tires on hold until things start to look a little better on the economic front. Now as the economy is moving out of the red slowly, tire sales are witnessing a welcome revival even better than the Automobile companies and a lot of second hand car owners have also been investing in the new set of tires instead of buying a new automobile altogether.Complete Story » seekingalpha.com |