TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| GM: Change Is Good, But Jobs Are Needed Timothy Chappell submits:I am of two minds regarding Sunday evening's news about [[GM]]'s change of leadership.This change in leadership at GM is a good thing. However, it should have taken place years ago.Complete Story » seekingalpha.com |
Trading the GM Bankruptcy Greg Weston submits:In my last Seeking Alpha column, I mentioned as a very speculative investment [[GM]] exchange traded or “retail” notes that trade on the NYSE. Thus far, this has not been a good investment. I mentioned [[XGM]] in particular, then trading at $4.90, and now trading at $1.56, with this loss partially cushioned by two dividend payments totaling 90 cents. Despite these losses, I decided to not only hold, but buy in a little more around these prices. I certainly have been proven wrong in thinking that the Obama administration would not let GM file for bankruptcy, and this talk was mostly bluffing to get the bondholders to agree to concessions, which was the strategy with GMAC.Complete Story » seekingalpha.com |
Railroads: Despite Deteriorating Freight Volumes, Long Term Outlook Favorable - Raymond James FP Trading Desk submits: Investors and analysts have had a great time talking about green shoots since the March run-up, but it seems Canada's railroads have not benefited from all the positive energy as freight volumes continue to hold the sector back.Steven Hansen, Raymond James analyst, said in a note Thursday:Complete Story » seekingalpha.com |
Volkswagen Sets Sights on Suzuki TheCarConnection.com submits: By Viknesh Vijayenthiran Volkswagen (VLKAY.PK) has made no secret of its desire to be the world's number one automaker, gobbling up smaller brands in its wake as it attempts to inorganically grow to rival the likes of General Motors and Toyota (TM). The German auto giant is still finishing up its takeover of Porsche but already its chairman, Ferdinand Piech, is hinting about the company's next major acquisition.Complete Story » seekingalpha.com |
LKQ Corp. Q3 2009 Earnings Call Transcript LKQ Corp (LKQX)Q3 2009 Earnings CallOctober 29, 2009 10:00 am ETComplete Story » seekingalpha.com |