TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Very Big News: Henderson Gone at GM Edward Harrison submits:I wonder if the recent missteps with Opel (OPELF.PK) and Saab had anything to do with this. CNN Money reports: In a surprise move, General Motors chief executive Fritz Henderson resigned Tuesday, giving the battered government-owned automaker its third boss in less than a year.Complete Story » seekingalpha.com |
GOL Linhas Soars Past Q4 Estimates Zacks.com submits: GOL Linhas Aéreas Inteligentes S.A. (GOL) reported results for the fourth quarter of 2009. During the quarter, net revenues were R$1,617.6 million, up from R$1,548.6 million in the year-ago quarter. During the quarter, GOL posted operating income of R$119.2 million, with an operating margin of 7.4%, 121.2% up from R$53.9 million and 3.5% margin in the year-ago quarter.Complete Story » seekingalpha.com |
Lear Q1 2010 Earnings Call Transcript Lear (LEA)Q1 2010 Earnings CallMay 06, 2010 9:00 am ETComplete Story » seekingalpha.com |
Tata Motors Kicks Into High Gear Horacio Marquez submits: I am constantly hunting for profitable opportunities and I realized months ago that India would be the one major emerging market that would notably accelerate in the second half of the year and into 2011. I was able to find another good opportunity to recommend here. That opportunity is Tata Motors Ltd. (TTM). About a month ago, my colleague Jason Simpkins articulated a view of the Indian economy that clearly details how that country is looking to accelerate growth. The major headwind for India has been inflation - more specifically, food prices. However, India is experiencing a normal monsoon season and will soon see its production of food increase and food prices drop - the recent spike in wheat prices notwithstanding. This drop in food prices, coupled with renewed fiscal discipline, will help bring inflation down from around 10% to about 6% by year end.This is very important, since declining inflation and strong economic performance will allow for capital inflows and currency appreciation. Moody's Corp. just recognized this strong progress by raising India's local currency rating to Ba1 from Ba2.Complete Story » seekingalpha.com |
We Might Decide to Fly The government’s proposed list of protections for beleaguered airline passengers is a much needed response to the many problems of modern air travel. nytimes.com |