Railroad Indicator: On Track for Recovery
September is the weakest month of the year for the market, but the S&P 500 continues to ignore that well-worn seasonal pattern, steadily marching to new highs. I’ve remained bullish in recent months and continue to look for the S&P 500 to trade to 1,200 by year's end. But I’ve also been among those looking for at least a short, shallow pullback this month after a nearly unprecedented rally off the March lows.Complete Story » seekingalpha.com |
United Airlines Orders $10 Billion Worth of Planes
Zacks.com submits: United Airlines, a subsidiary of UAL Corporation (UAUA), has ordered for 25 Boeing 787-8 aircraft from Boeing Company (BA) and 25 Airbus A350-900 XWB aircraft. The orders are worth $4 billion and $6 billion, respectively, at list prices. Following the purchase, UAL Corp. will be the second US carrier to operate the Airbus A350. The company is expected to take delivery of the aircraft between 2016 and 2019. United Airlines intends to reduce fuel burn on typical flights by up to a third, saving 175 million gallons of fuel per year. The company also aims to simplify maintenance by reducing the number of classes of aircraft used on United's network. The 787 will replace the 767 (aging approximately 14 years), while the larger variant of the A350 will replace the 747 (aging approximately 13 years). Complete Story » seekingalpha.com |
Toyota Will Recover From the Recall Disaster Just Like Ford and Honda Did - Goldman Sachs
The Business Insider submits: In a February auto industry presentation, Goldman Sachs shows how both Ford (F) and Honda (HMC) once had nasty recalls of their own in the past, yet recovered.Thus Toyota (TM), in the long run, is likely to do so as well -- it just might take a few years for both market share and the stock to fully recover:Complete Story » seekingalpha.com |
Shipping Shows Continued Improvement
Calafia Beach Pundit submits: These measures of ocean shipping rates continue to point to healthy demand for shipping in both the Pacific and Atlantic. That in turn translates into continued good news for global growth. The best reason to think that the Greek debt situation will not prove contagious or harmful to the rest of Europe is the fact that the global economy is strengthening. Growth is a great remedy for debt.Complete Story » seekingalpha.com |
Ford: Benefiting From Rising Asia-Pacific Sales
Trefis submits: Ford Motor Company (F) competes with automotive companies like Toyota (TM), Honda (HMC), Nissan, Volkswagen, and a host of other regional players in emerging markets such as India and China. Ford derives more value from international markets than from the North American market. We estimate that Ford Cars & Trucks International, comprising Asia-Pacific, South America and Africa markets, constitutes 40% of the $12.92 Trefis price estimate for Ford’s stock. Ford’s share in international markets was around 5% in 2009. We project this figure will reach 6% by the end of the Trefis forecast period.Complete Story » seekingalpha.com |