May 17, 2012 -- Updated August 29, 2011 16:43 HKT
Industrials
Aircastle Limited NYSE:AYR Upgraded
Aircastle Limited (NYSE: AYR) has been upgraded by Heffernan Capital Management with a 2013 price target of $20. Shayne Heffernan said in a note to traders today that Aircastle Limited (NYSE: AYR) low valuation and consistant dividend make it a strong buy. Aircastle Limited (NYSE: AYR) (“Aircastle”) announced today that its Board of Directors declared [...]
Auto Sector Leads US Retail Sales
US Retail sales posted Strong rise in September on autos US retail sales increased 1.1%. in September, largest gainer in 7 months led by auto sale American consumers stepped up their spending on retail goods in September, a good sign for the economy. They spent more on autos, clothing and furniture last month to boost [...]
Industrial Parks in Asia See Strong Demand
Industrial Parks in Asia are seeing very strong demand as Foreign Companies take advantage of the many investment incentives on offer. While the advanced economies of the world have stagnated since 2008, countries like China, Brazil and parts of Southeast Asia have enjoyed growth rates in the 7% to 9% range. Although several have slowed [...]
Red Alert: Cummins, Inc. (NYSE:CMI)
Red’s Bull Trade Alert: Cummins, Inc. (NYSE:CMI) 14 September 2011 Profile: Cummins Inc. designs, manufactures, distributes, and services diesel and natural gas engines, electric power generation systems, and engine-related component products worldwide. It operates in four segments: Engine, Power Generation, Components, and Distribution. The Engine segment offers a range of diesel and natural gas powered [...]
EU to begin negotiations on Caspian Nat Gas pipeline project
The European Union (EU) will start talks with Azerbaijan and Turkmenistan to negotiate the construction of a trans-Caspian Nat Gas pipeline, the European Commission announced Monday. “The pipeline is a major project to bring new sources of gas to Europe,” said Energy Commissioner Gunther Oettinger, adding that work would commence as soon as possible. According [...]
McGraw-Hill to split into 2 companies
McGraw-Hill Cos. (NYSE:MHP) will split up into 2 public companies with 1 focused on education and the other centered on markets, featuring the Standard & Poor’s unit. The decision follows a yearlong review of the Company’s business. Investors have pushed the New York company to boost the Company’s stock price, which has dropped by more [...]
General Motors seeks tie-up with BMW
11 Sept. 2011 (LTN)- General Motors Co. (NYSE:GM) is set to co-operate with German car maker BMW AG (DE:BMW) and is primarily interested in gasoline and diesel engines, according to a report in the latest edition of Spiegel magazine. Stephen Girsky, the GM board member in charge of strategic planning, has made enquiries at BMW [...]
Red Alert: Harbin Electric, Inc. (NASDAQ:HRBN)
Profile: Harbin Electric, Inc.engages in the design, development, manufacture, supply, and service of electric motors in the People’s Republic of China and internationally. The company’s product lines include linear motors and integrated systems, automobile specialty micro-motors, and industrial rotary motors. Its linear motors and integrated systems comprise flat linear asynchronous motor series and flat three-phase [...]
Ferrari to IPO in Hong Kong
Fiat is considering listing Ferrari in Hong Kong. The IPO could help relieve Fiat’s five billion euro debt and boost valuation of the Italian giant. Stay up to date on the Ferrari IPO, Click Here Heffernan Capital Management have Estimated Ferrari could value over $7 billion if floated. Italian fashion house Prada (HKG:1913) raised HK$21.3 [...]
BYD Company Limited, HKG:1211 Borrowings a Bonus
BYD Company Limited, HKG:1211, which is backed by Warren Buffett, said it plans to sell up to six billion yuan (US$938.8 million) in bonds to repay loans and boost its coffers. The announcement comes after BYD reported this week that first-half net profit slumped 89 percent on year to 275.4 million yuan due to stiff [...]
Investor Services
Most private-equity and hedge funds typically take 20 percent of investment gains as carried interest, on top of 2 percent of assets as a management fee to …
US President Barack Obama’s bank of choice, JP Morgan Chase (NYSE:JPM)
JPMorgan Chase & Co. according to US President Obama, despite the bank’s recent $2-B trading, is …
The Hot List
Sky Power Solutions Corp (OTC:SPOW), INDOCAN RESOURCES INC (PINK:IDCN), JP Morgan Chase (NYSE:JPM)
Sky Power Solutions Corp (OTC:SPOW)
Looks way oversold this morning, there has been what appears to …























