| Rising U.S. Exports: Global Demand Has Rebounded Calafia Beach Pundit submits: Another update in a series. September data on outbound container shipments from two very large ports was a little weak, but still (as I read it) consistent with a continued rise in overall U.S. goods exports. The dollar has been weak enough for long enough to give some boost to exports, though I would hasten to add while falling currencies may temporarily boost a nation's exports, a falling currency inevitably leads to higher inflation and overall economic decline.Complete Story » seekingalpha.com |
Airlines Are Not Long Term Investments Saj Karsan submits:On Wednesday, it was announced that shareholders in Japan Airlines (JALSY.PK) would be wiped out, as the company would undergo a restructuring that would see creditors and the Japanese government own the beleaguered airline. Obviously, the immediate problem was that the billions of dollars of the company's losses prevented the company from paying back the billions of dollars of the company's debt. But more fundamental than this is the plague that afflicts the entire airline industry, and always has.Warren Buffett is quoted as saying that the airline business in the U.S. “has made no money.” Thanks to a forgettable investment Buffett's Berkshire Hathaway (BRK.A) had made in US Air, he even went so far as to suggest a capitalist should have shot down the Wright brothers during their historic "first in flight" moment.Complete Story » seekingalpha.com |
Diana Shipping Healthiest in its Sector Arjun Rudra submits:Diana Shipping (DSX) is a shipping company of Greek origin quoted on the New York Stock Exchange. It is a global provider of shipping transportation services, specializing in transporting dry bulk cargo such as iron ore, coal, grain and other materials. As of March 1, Diana Shipping maintained a fleet of 14 Panamax vessels and eight Capesize vessels with a collective carrying capacity of 2.4 million dead-weight tonnage (the measure of weight a ship is carrying or can carry safely).The Baltic Dry Index is the main indicator of the health of the dry bulk shipping market. The following chart illustrates the stock performances of Diana Shipping and competitor Eagle Bulk (EGLE) in comparison to the Baltic Dry Index. Complete Story » seekingalpha.com |
Will ZipCar's IPO Pay Off Better Than the Tesla IPO? Green Chip Review submits:by Jeff SiegelIt's amazing how much attention this latest Tesla IPO is getting. The company goes public tomorrow, but they've been building this one up for months.Complete Story » seekingalpha.com |
Advance Auto Parts, Inc. Q2 2010 Earnings Call Transcript Advance Auto Parts, Inc. (AAP)Q2 2010 Earnings Call TranscriptAugust 12, 2010 10:15 am ETComplete Story » seekingalpha.com |