Analyses are solely the work of the authors and have not been edited or endorsed by GLG.
GMAC Has Profitable Auto Operations In Q3; Floorplan Loans Crucial Going Forward
November 6, 2009
GMAC Loss Slims On Revenue Jump | online.wsj.com
After several quarters of losses, GMAC's automotive finance and dealer-related insurance businesses were profitable in the third quarter.
Cheesy Concerns about Dairy Prices
November 6, 2009
EU Buckles on Dairy Subsidies | online.wsj.com
Dairy market trends are suggesting that higher prices may be on the way.
October Jewelry Sales- Estimates Conflict with Reported Results
November 6, 2009
U.S chain store sales up 2.1 percent in October | www.nationaljewelernetwork.com
Conflicting sales reports make forecasting fourth quarter sales even more difficult for jewelry retailers. But, volatile consumer spending patterns,large competitors promotional plans, and emerging macroeconomic forces may play a much bigger role in the final outcome than actual sales in August, September, or October. Here's more.
Restaurant Trends Suggest Protracted Challenges for Foodservice Industry
November 5, 2009
Foodservice Traffic Declines for Fourth Consecutive Quarter | www.npd.com
Improvement in restaurant company profits are currently being driven by an intense focus on operational efficiency and cost reductions, as well as a more favorable food cost inflation environment compared to the prior year. However, continued weakness in restaurant industry traffic, driven by weakness in consumer spending and lower grocery prices in supermarkets, will continue to hamper a foodservice industry recovery in 2010.
New Records of Gold and What More?
November 5, 2009
India buys 200 tonnes of IMF gold | www.telegraph.co.uk
1. Gold Prices has touched its new highest record of $1100.2. Where will Jewelery Industry head?3. What is the future of Gold?
Note To Jewelry Industry-Wait and See Isn’t a Viable Strategy
November 4, 2009
India buys 200 tonnes of IMF gold | www.telegraph.co.uk
Escalating gold prices threaten $60 billion jewelery industry. Here's more.
Zale Loses One-Third of Investor’s New Worth-Revised
November 4, 2009
Zale FY09 Revenue -17%, Reports Loss of $190M Zale Corporation... | www.topix.com
Zale's $189.5 million lose marks a continuing of a turnaround that has never materialized. Here's why.
Auto Sales Getting Closer To The "New Normal?"
November 4, 2009
Ford, GM U.S. Sales Rose in October, Chrysler's Fell 30% | online.wsj.com
With the exception of Chrysler, most major automakers saw improved U.S. sales in October. Hopefully, these results suggest the beginning of a return to what most analysts predict will be a "new normal" SAAR of 13 million vehicles.
Texas Cities vs. PCLN, EXPE, OWW et al: A Draw at Best
November 3, 2009
Texas Cities Win $20M Verdict in Tax Case | dallas.bizjournals.com
Late last week, a jury in San Antonio delivered a verdict on a class-action suit against the major OTAs that was brought by around 170 cities in Texas. The verdict against Expedia, Orbitz.com, Travelocity and Priceline.com is for $20M plus court imposed penalties and interest.
Samsung handset shipments up 15pc and aims to take 20pc market share
November 2, 2009
Samsung shipments up 16pc | www.mobilenewscwp.co.uk
Samsung continues to dominate in sales growth in the key low to mid-end markets and in developing markets where it shows how to build channel strength.Samsung is also a leader in fashion touch handsets, ie devices in the mid-sector that sell on looks and touch screens to a mainly younger audience.Growing qtr on qtr sales by 15pc, means it is bucking the annual trend which will see an 8pc drop in worldwide sales.
Toyota's California Plant Exit Makes Sense
September 17, 2009
It's Possible Berkshire Hathaway Could Help Kraft Acquire Cadbury
September 10, 2009
California's Impact on the Las Vegas Strip, City Center & the port of LA
September 8, 2009
Toyota Will Feel The Heat Of California Lawmakers In NUMMI Plant Closing
September 1, 2009
US Hotel Industry Recession Enters New Rate Erosion Phase
September 1, 2009