British Air Blows Out Boeing
British Air (BAB) gave Boeing (BA) a big order for its 787 Dreamliner–24 planes. At the same time it dropped the 747 as its large long-haul plane and bought the A380 super-jumbo instead. The…
Transportation
All Transportation Articles
Newest first · Page 64Seanergy, A SPAC Debut (SRG-U)
Seanergy Maritime (AMEX:SRG-U) just began trading yesterday on the American Stock Exchange. The company sold 22 million units at $10.00 per unit. One unit consisted of one share of common stock and one warrant,…
Transports Ready to Key Off Of FedEx Earnings (FDX, UPS)
On Thursday morning, we’ll have earnings from FedEx Corp. (NYSE:FDX). First Call pegs estimates at $1.54 EPS on revenues of $9.07 Billion, and the next quarter is expected to show earnings of $1.97 EPS…
Boeing Ups China Numbers: Read The Fine Print
Boeing (BA) has upped it figure for how much the Chinese aviation business will spend on airplanes over the next 20 years. According to MarketWatch, it now puts that number at $340 billion, about…
IPO FILING: Pogo Jet (POGO)
Pogo Jet, Inc. has filed to come public via an IPO of up to $103.5 million under the propposed ticker of "POGO" on NASDAQ. It lists only W.R.Hambrecht & Co. as the underwriter, so…
IPO FILING: Babcock & Brown Air Limited, Aircraft Lease Operator (FLY)
Babcock & Brown Air Limited has filed with the SEC in the US to list shares. The Bermuda-based company is selling 18,695,650 common shares in the form of American Depositary Shares, or ADSs, and…
GPS Stocks Cruising Up Wall Street & Main Street (GRMN, NVT, TRMB, SIRF)
NAVTEQ Corp. (NYSE:NVT) is seeing its shares trade up over 10% on strong orders that exceeded estimates and guidance that equally exceeded estimates. This puts shares within striking distance of highs. Sector leader Garmin…
SiRF Technology Goes Its Own Way (SIRF, NVT)
SiRF Technology Holdings Inc. (NASDAQ:SIRF), a Global Positioning Systems chip maker, isn’t following quite the same lead of NAVTEQ (NYSE:NVT) in after-hours trading. It is possible that the street read the GAAP EPS headline…
NAVTEQ Guides Itself Up Wall Street
Earnings per share were $0.41 diluted, compared to $0.25 in the second quarter of 2006; Revenue in the quarter rose 49% over the second quarter of 2006 to $202.3 million. First Call estimates were…
Global Positioning Earnings Onslaught (GRMN, NVT, SIRF, TRMB)
It is rare that one sub-sector has all of the key components reporting earnings within the same 24 hour period, but that is the case with the "GPS" or global positioning stocks. Tonight we…
IPO Filing: Gulfstream International Group
This morning there was a bit of excitement, followed by a let-down, when looking through SEC Filings. Gulfstream International Group, Inc. has filed to come public via an IPO and will trade under the…
Boeing & The Aerospace Group: Set For Life (BA, GE, BEAV, ATI)
If you were born with a solid trust fund or if you won the lottery, you are probably set for the rest of your life. If not, you will at least hope your name…
Railroads: Short Sellers Versus Buffett & Gates (UNP, NSC, CP, BNI, CNI, CSX, KSU)
Since Warren Buffett and Bill Gates, plus many others now, have gone after more railroad holdings, we thought it would be interesting to see how short sellers are acting in the names. Supposedly you…
Delta and US Airways hit new 52-week lows but they will win back their Freedom
Delta Air Lines, Inc. (DAL) emerges from bankruptcy and a few weeks later their common shares fall flat on their face. US Airways (LCC) has been falling these past few months and after losing…
CSX Rolling Full Speed Ahead
CSX (CSX) provides rail, intermodal and rail-to-truck transload services that are among the nation’s leading transportation companies, connecting more than 70 river, ocean and lake ports, as well as more than 200 short line…