TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Will These Airlines Face Bankruptcy in 2009? James West submits:Deepening economic strife is starting to erode financial viability in many industries. Foremost among them is the airline industry, according to Giovanni Bisignani, CEO of the International Air Transport Association. He indicated that 2009 was shaping up to be worse for airlines than the period immediately following the attack on the World Trade Center in 2001.Most major airlines are reporting rapidly diminishing travellers, and have resorted to fare cuts and flight suspensions to counter the effect of the lost revenue, a situation that can only worsen the plight of the companies in the long term. The question is, which airlines are likely to fall first?Complete Story » seekingalpha.com |
Why I'm Adding to Excel Maritime, Atwood Oceanic and James River Coal Trader Mark submits:Another nice markup to close the day. I have to hand it to the magical invisible hand. Not as egregious as last Friday, but we'll take it.Over under in how many days the "reflation" trade comes back? 2.Complete Story » seekingalpha.com |
GM’s Chevy Volt: A Work in Progress Greentech Media submits: By Jeff St. JohnFresh out of bankruptcy, General Motors promises its plug-in hybrid, the Chevy Volt, will go on sale in late 2010. What else does GM want to tell the world about it?Complete Story » seekingalpha.com |
Are Defense Stocks Recession-Proof? David Hunkar submits: Some investors consider defense stocks to be good investments during any market condition. But are defense stocks really recession proof? A recent article titled A nation that merely wants peace in the New York Times says that:“Despite a recession that knocked down global arms sales last year, the United States expanded its role as the world’s leading weapons supplier . . . The United States signed weapons agreements valued at $37.8 billion in 2008, or 68.4 percent of all business in the global arms bazaar, up significantly from American sales of $25.4 billion the year before.Complete Story » seekingalpha.com |
Cash for Clunkers: A Man-Made Disaster Cynicus Economicus submits: It has been a while since I have last written a post, and the choice of subject matter for this post has proven to be a difficult decision. On the one hand, there are the ongoing tremors in the financial system, and on the other there are the global shifts, such as the unsubstantiated suggestion by China that they may allow the RMB to appreciate. Added to this, there is the ongoing ascent of the gold price, as investors and governments move into the asset of last resort, and the progressive decline in value of the $US. This from the Wall Street Times:"The gold market is kind of surprising here," as it holds on to the psychologically important $1,100 level, said Ralph Preston, senior market analyst with Heritage West Financial.Complete Story » seekingalpha.com |