TOP 100 TRANSPORTATION AND LOGISTICS SITES
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| Lear Exits Bankruptcy Protection Wall Street Strategies submits:In a time when government bailouts have become commonplace, an act of true capitalism has found its way back. There is no question that the auto industry was completely decimated by the economic crisis. Seeing as the industry is pivotal to the U.S. economy, the auto makers got government handouts in the form of direct cash infusions (some for equity) while others saw government incentive spending which boosted sales. Following the food chain for the auto industry, one could argue that the cash for clunkers program helped auto parts suppliers too, but it was the industry’s only form of “bailout.” The Auto Task Force and President Obama denied the auto parts suppliers industry its own bailout, however, the government did lend a helping hand guaranteeing many of the owed payments from the auto makers. So without direct government aid, many auto parts suppliers were forced into bankruptcy, and if history has showed us anything, it would be a long arduous trip back out of bankruptcy for these companies. More recent examples are the problems with Dana Corporation (DAN) and Delphi, which are still struggling to emerge from bankruptcy. Complete Story » seekingalpha.com |
Paragon Shipping Income Statement Analysis for December 2009 Quarter Neil Carvin submits: Paragon Shipping, Inc., (NASDAQ: PRGN) earned $0.26 per share, on a GAAP basis, in the fourth quarter of 2009, which ended on 31 December 2009. When compared to the fourth quarter of 2008, Net Income increased by 27.6 percent, and the weighted average number of diluted Class A shares grew by 75.9 percent. As a result, GAAP earnings per share fell close to 30 percent.Non-GAAP Adjusted Net Income, which excludes certain non-cash items, fell 38.9 percent and Adjusted EPS slid 67.3 percent.Complete Story » seekingalpha.com |
Titan International, Inc. Q1 2010 Earnings Call Transcript Titan International, Inc. (TWI)Q1 2010 Earnings Call TranscriptApril 26, 2010 9:00 am ETComplete Story » seekingalpha.com |
Dollar Thrifty Automotive Group, Inc. Q2 2010 Earnings Call Transcript Dollar Thrifty Automotive Group, Inc. (DTG)Q2 2010 Earnings Call TranscriptAugust 3, 2010 9:00 am ETComplete Story » seekingalpha.com |
US Airways Group, Inc. CEO Discusses Q3 2010 Results - Earnings Call Transcript US Airways Group, Inc. (LCC)Q3 2010 Earnings Conference CallOctober 20, 2010 1 PM ETComplete Story » seekingalpha.com |