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GLG NewsSM

Analyses of timely industry developments by leading Council Members that keep clients apprised of important industry developments across a range of sectors and topics. Throughout each day, Council Members post the news stories they consider will have material impact on their industry, and explain why. Clients are able to search, browse and subscribe to news analyses by areas of interest and favorite authors, enabling them to identify critical events before they become mainstream. GLG News is a separately available and separately charged service, apart from other GLG services.

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May 9, 2008 | Energy & Industrials
Clear Skies Solar Signs $1.7 Million Agreement to Provide Renewable Energy for California Dairy Farm
Analysis of: Clear Skies Solar Signs $1.7 Million Agreement to Provide Renewable Energy for California Dairy Farm | www.foxbusiness.com
Author: GLG Expert Contributor
Highly important for all of us to promote renewable energy, others will follow our lead. We know this technology works, use it. Businesses can not remain profitable without the use of green energy and incentives from state and federal governments. Other energy creating equipment can be used specifically...

Filed under: Natural Resources
May 9, 2008 | Energy & Industrials
High steel prices hit engineering industry
Analysis of: High steel prices hit engineering industry | www.thenews.com.pk
Author: GLG Expert Contributor
Steel cost too high? Does the USA own any of the steel companies located in the USA? Can we control the quality of the steel that is being manufactured today? Waste elimination can offset the cost, but this must be done before stamping tools are built. Any stamped part must be considered for progressive...

Filed under: Industrial
Dave HillmanMay 9, 2008 | Energy & Industrials
Methane from cellulose in sewage
Analysis of: The Biofuels Backlash | online.wsj.com
Author: Dave Hillman, Independent Consultant Dave Hillman
There is a huge amount of cellulose in municipal sewage and represents enormous potential for producing an energy source from a current discarded material.  What would it take to make this commercially feasible? If a process could be proven effective, every municipality in the US could incorporate...

Filed under: Natural Resources
May 9, 2008 | Energy & Industrials
Boeing Unions May Use 787 Delay for Contract Leverage
Analysis of: Boeing Unions May Use 787 Delay for Contract Leverage | www.bloomberg.com
Author: GLG Expert Contributor
Union Management has encouraged slowdows in previous strikes at Boeing. Union members in the Greater Seattle area are very active and will inflict financial and mangement loses to Boeing program plans.

Filed under: Transportation
Toby KolstadMay 9, 2008 | Energy & Industrials
Coal car builder Freightcar America blames poor economy while coal traffic is up 4%
Analysis of: UPDATE 1-FreightCar profit plummets, cites economy, costs | www.reuters.com
Author: Toby Kolstad, President Rail Theory Forecasts
CEO’s never like to go into lengthy explanations on the dynamics of their industry in explaining a dismal financial performance, but with year to date coal volumes up 4.6%, according to the most recent AAR report, blaming the economy for the problems besetting the company seems more like dodging the...

Filed under: Transportation
May 9, 2008 | Energy & Industrials
Once seen as waste, forest materials find a market
Analysis of: Once seen as waste, forest materials find a market | www.minnpost.com
Author: GLG Expert Contributor
Is the Use of Forest Slash a True Blessing in Disguise?       While I have not looked at this issue in-depth, I believe the use of slash (leftover branches and leaves while logging) as a fuel and other alternative uses should be welcomed with open arms. There are multiple...

Filed under: Natural Resources
May 9, 2008 | Consumer Goods & Services
Candy Land Tremors While Giants Dance
Analysis of: Mars to Buy Wrigley’s for $23 Billion | www.nytimes.com
Author: Kantha Shelke, Founder & Scientist Corvus Blue
The recent Mars Wrigley courtship is sending veritable tremors ripple across candy land.  Cadbury’s and Hershey’s have to quickly figure out their response to the changing topography.  The more agile mid-market sector will find opportunities to advance their businesses while the smaller and...

Filed under: Food & Beverage
John SchulzMay 9, 2008 | Energy & Industrials
Unlike OPEC, These Fuel Thieves Operate Domestically
Analysis of: As Diesel Prices Rise, Diesel Theft Does, Too | blog.wired.com
Author: John Schulz, Independent Analyst - Contributing Editor Logistics Management Magazine
 Diesel fuel theft is a growth industry these days. As truckers spend as much as $1,200 to fill their twin 150-gallon fuel tanks, thieves are often waiting in the wings.   The heists come in many forms, but siphoning out 300 gallons of fuel is not usually the way. Sometimes the truck is hijacked....

Filed under: Transportation
May 9, 2008 | Energy & Industrials
Airlines taking steps to cut jet fuel consumption
Analysis of: Airlines taking steps to cut jet fuel consumption | www.bizjournals.com
Author: GLG Expert Contributor
Global Airline Profitability This Year Will Be Downgraded For The Fourth Time.   Asia-Pacific Aviation Is Best Placed To Withstand Global Economic Downturn. 

Filed under: Transportation
May 9, 2008 | Financial & Business Services
GMAC Must Keep Insurance Rating Agencies Satisfied
Analysis of: GMAC Buys Time for ResCap Unit as Bankruptcy Looms | www.bloomberg.com
Author: Michael Cronin, President Cronin Consulting Services, Inc.
GMAC, LLC includes real estate financing, auto insurance financing, and insurance.  Insurance is delivering much needed income and stability while the mortgage business hemorrhages and the auto loan business stagnates.  But insurance requires a very stable capital structure, and the insurance...

Filed under: Mortgages, Consumer & Specialty Finance

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