TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| GM Is Cheap for a Reason Andy Kern submits: Let’s face it. General Motors is in terrible shape. It sells an unpopular line of vehicles and is completely captive to its inflexible cost structure. Despite what political pundits would like to suggest, the company’s troubles are not the result of a lack of environmentally friendly products – they are due to the fact that consumers just don’t want to buy their cars. It’s really pretty simple.Now, having said this, the stock of the company is not inherently a bad investment. For one thing, the company seems to (for elusive reasons) be wholeheartedly supported by US government. This is almost certainly the only reason why the company has not already filed bankruptcy. After all, in the past three years GM has posted cumulative losses equal to twice market cap of the company when the stock was at its peak.Complete Story » seekingalpha.com |
Rockwell Collins: The Best Offense Is a Good Defense Chuck Carnevale submits:Rockwell Collins (COL) is a large mid to small large-cap company that provides smart communications and aviation electronic solutions to the world’s leading aerospace and defense companies.Although operating in a cyclical industry, Rockwell Collins possesses all the attributes you want in a growth stock. Their business is well balanced and diversified with 57% coming from military or government and 43% commercial. They generate high returns on equity and high returns on capital despite a large government (military) business.Complete Story » seekingalpha.com |
Penske Automotive Group, Inc. Q2 2009 Earnings Call Transcript Penske Automotive Group, Inc. (PAG)Q2 2009 Earnings CallJuly 29, 2009 2:00 pm ETComplete Story » seekingalpha.com |
Ford, UAW Reach Deal - Maybe Zacks.com submits: Ford Motor Co. (F) has finally reached a tentative national agreement with 250 leaders of the United Auto Workers (UAW) on modifications to its 2007 labor contract. The deal, which runs until 2011, will help Ford end its cost disadvantage while securing jobs for the union workers at the same time. However, the deal has yet to be approved by the 41,000 UAW members at Ford. Voting will begin this week. Ford was upset with its higher labor costs compared to its Detroit rivals, General Motors and Chrysler. Both of those companies were given concessions as they headed into bankruptcy protection earlier this year. However, the deal will enable the automaker to lower the labor costs to match those of its rivals.Complete Story » seekingalpha.com |
OceanFreight: Why It's Now a Must Buy Jeremy Richards submits: OceanFreight, Inc (OCNF) is an owner and operator of both drybulk and tanker vessels that operate worldwide. OCNF owns a fleet of 12 vessels, comprised of 8 drybulk vessels (2 Capesize, 6 Panamaxes) and 4 crude carrier tankers (1 Suezmax, 3 Aframaxes) with a combined dead weight tonnage of about 1.22 million tons. The company has agreed to acquire two Capesize dry bulk vessels and upon the delivery of these vessels to OCNF its fleet will consist of 14 vessels, comprised of 10 dry bulk carriers (4 Capesizes, 6 Panamaxes) and 4 tankers (1 Suezmax, 3 Aframaxes) with a combined deadweight tonnage of approximately 1.6 million tons. Complete Story » seekingalpha.com |