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  • More on Caterpillar's (CAT) Q3 earnings: CAT confirms it's tough out there. FY2012 outlook is lowered to $66B revenue and EPS of $9-$9.25 from $68-$70B and $9.60, "reflect(ing) global economic conditions that are weaker than we had previously expected." "Cat dealers have lowered order rates to well below end-user demand ... Production across much of the company has been lowered, resulting in temporary shutdowns and layoffs." Shares -1.4% permarket. (PR[View news story]
    Perhaps dealers are cutting their credit exposure and or taking profit out of their businesses by reducing inventory. Suggests caution and/or pessimism about local conditions on a global scale.
    Oct 22, 2012. 08:51 AM | Likes Like |Link to Comment
  • Prepping for Obamacare requirements to provide health care insurance to full-time employees by 2014, Darden Restaurants (DRI) tests putting more workers on 30-hour schedules. Previous: Darden looks to save costs by giving employees cash instead of insurance. [View news story]
    Apparently it was not enough that Darden pimped itself out for MO's "Let's Move" malarkey. Proving that even if you shave off calories from your menus...'ll still have to trim staff to survive Obamacare!
    Oct 9, 2012. 11:55 AM | 2 Likes Like |Link to Comment
  • Why An Islamic Revolution In Saudi Arabia Is A Surefire Way To Send Oil To $300 A Barrel [View article]
    Venera..., I suspect you have fun at the horse races, winning or losing.
    Oct 1, 2012. 12:35 AM | 1 Like Like |Link to Comment
  • Is Domino's about to eat Pizza Hut's lunch? While Pizza Hut (YUM -0.7%) keeps a concentrated focus on growth potential in China, Domino's (DPZ +1.2%) says it will take on the company head on in the U.S. with a move into pan pizza. Starting today, the company's 5K U.S. stores will offer the popular style that accounts for close to 20% of the broad pizza market. [View news story]
    For what it's worth chopchop, I'm biased towards PZZA and YUM as hometown teams, and hold small stakes. Bored by Papa Juan's but my kids still prefer it. Haven't liked Pizza Hut for decades, but you get KFC, Taco Bell, LJS and A&W in the mix. Ergo, I prefer PZZA and YUM as investments because of their global expansion plans and overall superior marketing and promotions here.

    My local market is over-run with newer independents and eclectic franchise pizzerias; competition domestically is more intense than ever. I think overseas operations are essential, as there are still territories where big players can define and own the category.
    Sep 30, 2012. 12:26 AM | Likes Like |Link to Comment
  • Why An Islamic Revolution In Saudi Arabia Is A Surefire Way To Send Oil To $300 A Barrel [View article]
    Interesting take Mr. Hussain. I'll try to digest but meanwhile I concur that there are many tricky games being played.

    As you are a supply chain practitioner, I'll interject that China is game-playing off religiously motivated as well as national, geo-political and macro-economic circumstances with a great deal more sophistication than the US, the EU, Japan the Sauds, etc. The seemingly small events around and about the Senkaku islands will measurably impact global economic data in October.

    Your "calibrated" risk spread on turnover of the kingdom is useful as a way of looking at the situation and I appreciate your comment as a whole. Regards.
    Sep 30, 2012. 12:05 AM | Likes Like |Link to Comment
  • Why An Islamic Revolution In Saudi Arabia Is A Surefire Way To Send Oil To $300 A Barrel [View article]
    Mr. Katusa, I appreciate and agree with much of your analysis, but I'm baffled by this sentence:

    "Islamist leadership in Saudi would not be the moderate, democratic version we're seeing in Egypt."
    Sep 29, 2012. 04:32 PM | 2 Likes Like |Link to Comment
  • Toyota (TM) and Nissan (NSANY.OB) are cutting production in China due to a decline in demand that comes amid simmering tensions between Japan and China over a territorial dispute. Toyota and its Lexus brand are adjusting production down while Nissan's Chinese joint venture will stop making passenger vehicles through Oct. 7. Just another effect of the skirmish, one strategist says: "The market could be stuck with this for months to come." [View news story]
    China is evidently prepared to capitalize on and contribute to other nation's weaknesses. Not only the Japanese, South Koreans and Taiwanese but also North America and the EU will be confronting an expansionist China, fueled by our own profligacy.
    Sep 26, 2012. 12:07 PM | Likes Like |Link to Comment
  • General Electric's Hidden Gem [View article]
    Guess you are going at saratogahawk, my family btw is very long, too long GE. Socialistic? Building wind turbines in China to sell at subsidized and/or pre-ordained prices in the US. Buying Chevy Volts en masse in exchange for the tax credits and the PR for GM and the gummint. In bed with the ACA and happy to pay the medical device tax, as GE's plans to digitize the entire population so we are at the thumbs of the government will benefit....shareholders? I freaking hope so.

    If Immelt is so competent, he can get it to $40 and give the long-suffering a chance to get out.
    Sep 20, 2012. 11:31 PM | Likes Like |Link to Comment
  • How To Position For President Obama's Second Term [View article]
    Good dialogue, gentlemen.
    Sep 20, 2012. 11:17 PM | Likes Like |Link to Comment
  • Waste Management: Stinky Business With Rosy Growth Prospects [View article]
    Mine is invisible, but it can't work out to much more than $12-15 a month as it is bundled in my very modest annual property tax levied by my small-city-within-metro area.
    Sep 20, 2012. 04:09 PM | Likes Like |Link to Comment
  • Waste Management: Stinky Business With Rosy Growth Prospects [View article]
    I like that comparison even if tallguyz did not, also holds true for YUM, PZZA and other top franchisers.
    Sep 20, 2012. 04:01 PM | Likes Like |Link to Comment
  • Waste Management Becoming The Apple Of Biofuels [View article]
    A little more dinging might create a good entry point. I'm watching more closely the next few weeks.
    Sep 20, 2012. 03:56 PM | 1 Like Like |Link to Comment
  • Initial Jobless Claims: -3K to 382K vs. -9K consensus. Continuing claims -32K to 3.27M[View news story]
    A fitting finish to Recovery Summer III.
    Sep 20, 2012. 09:14 AM | 2 Likes Like |Link to Comment
  • China's flash PMI ticks up from last month's final - HSBC flash at 47.8, from the 47.6 of a few weeks ago - but the overall month looks to be the 11th straight month of contraction in Chinese manufacturing. S&P 500 futures -0.1%; Chinese markets little changed, with Shanghai down 0.1%[View news story]
    How are we going to account for the losses, slowdowns related to Chinese state-sponsored "unrest" that will impact all the Japanese parent companies? Not good for PMI or GDP.
    Sep 20, 2012. 12:23 AM | 1 Like Like |Link to Comment
  • 3M (MMM +0.3%) is the latest major company to caution about the economic outlook, as CEO Inge Thulin says its initial 7%-8% revenue growth forecast is now a "stretch target... The market has changed since that target was put in place. It was done in a different economic environment." The weak economy is making M&A targets more attractive, Thulin adds. (earlier[View news story]
    FedEx negative, 3M negative. November 6 will drive both, up or down.
    Sep 20, 2012. 12:21 AM | 1 Like Like |Link to Comment