TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Auto Sector: Flow Through Industry Assistance Peter McCann submits:Introduction By January 2009, American and Canadian taxpayers had pledged about $21B to help a small part of the auto sector; in mid-February 2009, [[GM]] and Chrysler wanted another $19B from American taxpayers plus funds from Canada. By March 2009, GM and Chrysler wanted even more money, with no assurance of the maximum cost to taxpayers. A bailout costing at least $40B will not safeguard the industry’s employment and it does not avoid contagion of economic collapse to the wider industry. But, a well-designed flow through assistance program can largely deliver greater assurance of employment and avoidance of contagion, and it would minimize a transfer of taxpayer wealth to wastrels. This article deals with distressed, toxic manufacturers but the principles apply to banks, airlines and diverse, other industries.Complete Story » seekingalpha.com |
Harley-Davidson Short Base in Decline Jessica Johnson submits:The Utilization (the measure of supply and demand in the securities lending market) of the luxury motorbike builder Harley-Davidson (HOG), is down 9% to 58% over the last month. A Utilization of 58% is still high, but is well off its 52 week high of 71% which was seen on 3/11/09. Short base (as measured by Percentage Shares Outstanding on Loan) in HOG is also down from its high, currently ar 12.91% Other motor bike manufacturers Suzuki Motor (7269), Honda Montor (7267), and Kawaski (7012) all ahve lower short vases, of 3.18%, 0.32% and 4.00% respectively. The Share price of HOG is down 3.63% over the last month. Download the full report by clicking here. Complete Story » seekingalpha.com |
Will Lear Declare Bankruptcy? Zacks.com submits: By Paul RamanLear Corporation (LEA) (Analyst Report) may file for bankruptcy protection no later than Jul 1.Complete Story » seekingalpha.com |
Canada's Transat: A Play on the Rising Loonie? Larry MacDonald submits: Transat A.T. (TRZAF.PK) is Canada’s largest travel tour operator. It stands to benefit from a higher Canadian dollar (which makes trips to foreign destinations cheaper, thereby increasing demand for travel/vacation packages outside of the country). Complete Story » seekingalpha.com |
The Economic View from the Railroads Jim Delaney submits: After yesterday’s about face erasing all of Wednesday’s rout and adding a few additional points to the SPX, does it mean that Ken Chenault, CEO of American Express (AXP), was right all along when he said: “Today, while there is still reason to be cautious about high unemployment levels, we are seeing broad-based improvements in credit quality, the trends in card member spending are encouraging, and there are signs that the recession may be approaching an end,” while discussing 3Q09 earnings? After all, haven’t we been bludgeoned with the eco-snippet that 70% of our GDP is driven by the consumer and while possibly at the higher end of the spending spectrum, don’t most “card members” use their cards for consuming?Complete Story » seekingalpha.com |