GLG News in Energy & Industrials

The Rig Zone Newsletter reported November 5 on the Pioneer Natural Resources results for the third quarter. The company lost $0.03/share including noncash charges of $112 million. Excluding these, earnings were $0.91/share. The quarter was impacted by the loss of 3,000 bbl/day related to Hurricanes Ike and Gustav. The worldwide slowdown will reduce energy demand. Pioneer’s financial position is strong...

New vehicle sales great decrease in Japan, problem and improvement idea will be derived from the topics.I describe any problems of Japanese vehicle sales issue and I think the proposal.

Truck idling versus Auxiliary Power Unit (APU) Return-On-Investment (ROI) got some real and negative feedback in a recently completed North Carolina State University / Volvo Truck EPA-funded study. Bottom-line is that the ROI is tough at best and from the study: “Previous avoided fuel use rates and emissions benefits from APUs may be optimistic.”

It seems that because he is too big for his own failure not to be noticed  on Wall Street and at his alma mater's plush New York City 'club" John Snow is blathering about how he sees a 'bailout' of his Chrysler deal as a mandatory step that the US Treasury must take. Of course, it was his own miscalculation that brought Chrysler to this point; the exhausted car company should have failed 10 years...

Can success in North American motorsports venues increase awareness and demand for advanced European diesel vehicles? 

Con-way's decision to revamp its regional LTL footprint and close 40 terminals is a significant move for a $4.6 billion company that has been on a go-go growth path since its inception in 1984. Con-way is usually two or three steps ahead of the rest of the LTL market, and its move to retrench must be taken as a negative signal for future prospects in the overall LTL sector. Con-way has one of the...

Pakistan has a very strong sugercane market. Pakistan is looking stongly into the possibilities of utilizing sugercane for biofuel production.

Stephen Castle in Brussels reported in the November 5 issue of the International Herald Tribune that European Union (EU) governments lowered expectations for a meeting to address financial reform worldwide. The meeting of November 15 by representatives of the world’s largest economies will be only the beginning. The EU ministerial meeting on Tuesday was to complete the common European position for...

Pakistani government has increased the support price for wheat from 625 to 950 per 40 Kg bag. Government targets 25 mn tonnes and backs farmers to go all out and apply fertilizers in desired ratio.

1) The fear engendered by the crisis is spreading to the average Russian. Somehow the conventional wisdom among international finance people has concluded that only the Oligarchs will be affected. But Russians are Russians. They are suspicious of governmemnt institutions and even Putin's popularity wion't preclude a panic.   2) The vaunted "reserves" which actually peaked at $575 Bil US...