| Zenn Motors and Them Old EEStor Blues Greentech Media submits: By Eric Wesoffclick to enlargeComplete Story » seekingalpha.com |
International Speedway Corp. Q4 2009 Earnings Call Transcript International Speedway Corp. (ISCA)Q4 2009 Earnings CallJanuary 28, 2010 9:00 am ETComplete Story » seekingalpha.com |
Transportation Legislation: For Whom the Bells Are Tolling Ryan Avent submits: The big obstacle to passing a new, comprehensive transportation bill is the lack of agreement over a source of financing. The traditional source of funding for federal transportation programs is the gas tax, which, as we all know, hasn’t been increased since 1993, which means its real value has fallen considerably. And, it seems to be taken as given that any new increase is unthinkable, although I’m not sure why. Of course, there are other potential funding sources out there, like, say, tolling. But:During a discussion on the massive financing gap that is bogging down the next transport bill, Oberstar also pooh-poohed the prospects of tolling interstate highways built during the road program’s postwar heyday. Pennsylvania is currently pushing for federal approval to add tolls to an existing interstate.Complete Story » seekingalpha.com |
AAR Reports In-Line: Defense Sales Up 82% Zacks.com submits: AAR Corporation (AIR) posted in-line results for the fourth quarter and fiscal 2010. Quarterly Details During the quarter, AAR Corp. recorded a 21.9% decrease in net income to $11.1 million from $14.2 million in the year-ago quarter. Earnings per share (EPS) were 29 cents, 7 cents below the reported EPS in the same quarter of the previous year and a penny below the Zacks Consensus Estimate of 30 cents. The decline is attributable to the increase in operating cost during the quarter.Complete Story » seekingalpha.com |
Warren Buffett Didn't Buy All of the Railroads YCHARTS.com submits: The fabulous opportunity represented by the first-quarter 2009 bottom for these two railroad stocks is long gone, of course, and even Warren Buffett didn’t buy at the very bottom. His Berkshire Hathaway (BRK.A) waited until November of 2009 to cut its deal to acquire the 77.4% of Burlington Northern Santa Fe (BNI) it didn’t already own, for $26.4 billion in cash and stock. UNP, CSX Chart (click to enlarge)Complete Story » seekingalpha.com |