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GLG News in Energy & Industrials

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Michael LynchNovember 17, 2008
Looks like Nord Stream will become a cropper
Analysis of: Putin Threatens to Scrap Gas Pipeline as Talks With EU Leaders Approach | online.wsj.com
Author: Michael Lynch, Consultant, Michael E. Lynch
A threatening statement by Prime Minister Putin with regard to Nord Stream has to be taken seriously. The cumulative opposition by Poland, Lithuania and Estonia is becoming expensive as it induces delays. The environmental impact investigation is basically a ploy.  The financial crisis now limits credit.
November 17, 2008
Honda Powered suits: Robotic Walking Assist Device
Analysis of: Honda Demos Robotic Walking Assist Device | techon.nikkeibp.co.jp
Author: GLG Expert Contributor
I feel walking assist device is available to not only welfare but also military affairs.What is the fetter of the spread to the commercial like welfare?In this time, I'd like to introduce this news and to consider how to penetrate it simply.    
Paul HodgesNovember 17, 2008
Dow Chemical warns of need for “radical actions”
Analysis of: Dow Chemical to Take `Radical Actions' to Reach Profit Goal | www.bloomberg.com
Author: Paul Hodges, Chairman, International eChem
Dow's CEO says their prices have fallen 40% since September on major products. They are seeing unprecendented "global contagion" as demand falls in all major regions. Plant closures by Dow and others are inevitable, as the industry adapts to a new, lower-growth environment
November 14, 2008
Hope for "USS"
Analysis of: ITB writedown? | www.tradewinds.no
Author: GLG Expert Contributor
US Shipping LP (OTC:USSPZ) can overcome these difficult periods. Although the company would need liquidity lifeline to hold it to 3Q 2009. 
November 14, 2008
Similarity to early '80's Remarkable... with one big difference
Analysis of: Capital spending cuts delay oil sands projects | www.ogj.com
Author: GLG Expert Contributor
In the early 1980's Shell and other major oil and gas companies were investing heavily in the Rocky Mountain regions (Colorado for example) exploring for shale oil deposits and developing shale oil processes.  Oil prices shifted dramatically and capital expenditures dropped to zero and thousands of engineering and labor positions were eliminated. 
November 14, 2008
The Future of the Pickens Plan
Analysis of: USA-Pickens Puts Texas Wind Farm Project On Hold | www.kbtx.com
Author: GLG Expert Contributor
Pickens' high profile Texas project delayed, citing credit issues and falling natural gas prices. Reflects short-term challenges for many wind developers.
November 14, 2008
From the wooden mosaic to the pure wood: Next Applied Materials formation
Analysis of: Applied Materials to cut jobs as profit sinks | www.iht.com
Author: GLG Expert Contributor
"There are too many projects that got pushed out. Some projects got canceled." said an Applied Materials management leader.This is simply and correct comment when people say their situation.Diet is good for them. And Applied Materisls has tried to offset the swings in demand for chip machinery by entering the market for solar-energy equipment.I consider their own change. And I describe their...
John SchulzNovember 14, 2008
Another Day, Another Dose of Bad Financial News from YRC
Analysis of: YRC Reports $823 Million Q3 Impairment Charge | www.reuters.com
Author: John Schulz, Independent Analyst - Contributing Editor, Logistics Management Magazine
 YRC Worldwide's decision to write down $823 million in impairment charges for its YRC National long-haul and logistics units guarantees that YRC will report its fourth losing quarter in its last five reporting periods. Counting the $756 million in goodwill it wrote off on its 2005 purchase of USF regional trucking units, that's nearly $1.6 billion in writeoffs in just the last year.   YRC...
Hans LinhardtNovember 14, 2008
Nord Stream NG Pipe Line Project in Trouble
Analysis of: Putin Threatens to Scrap Gas Pipeline as Talks With EU Leaders Approach | online.wsj.com
Author: Hans Linhardt, President, LTDI, Inc.
The grandiose Nord Stream pipe line project, connecting Russia via two Baltic underwater pipe lines with Germany has been delayed due to increased construction costs, lack of sufficient gas capacity and lack of financing.  Of course, Putin will not admit any Russian problems but puts the blame for delay on the EU.  As a matter of fact, Putin now threatens to scrap the Nord Stream project...
Toby KolstadNovember 14, 2008
Watch out for the red coming to the Greenbrier Companies
Analysis of: Greenbrier Stays In The Green | www.forbes.com
Author: Toby Kolstad, President, Rail Theory Forecasts
Greenbrier reported that their backlog for production in 2009 is less than half the number of cars they delivered in 2008 and that they may not make a profit on some of those cars due to higher than expected material costs. And that was the good news. The bad news is that much of their backlog is to be shared with a steel fabricating partner in Mexico who will build 1,000 tank cars for GE in the coming...
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