BloggingStocks http://www.bloggingstocks.com BloggingStocks http://www.blogsmithmedia.com/http://www.bloggingstocks.com/media/feedlogo.gif BloggingStocks http://www.bloggingstocks.com en-us Copyright 2012 Weblogs, Inc. The contents of this feed are available for non-commercial use only. Blogsmith http://www.blogsmith.com/<![CDATA[IATA revises airline industry losses by $2 billion more]]>http://www.bloggingstocks.com/2009/09/17/iata-revises-airline-industry-losses-by-2-billion-more/http://www.bloggingstocks.com/2009/09/17/iata-revises-airline-industry-losses-by-2-billion-more/http://www.bloggingstocks.com/2009/09/17/iata-revises-airline-industry-losses-by-2-billion-more/#commentsFiled under: , ,

Higher fuel prices and slipping demand for air travel have prompted a change. The International Air Transport Association revised its forecast of global airline losses for the year from $9 billion to $11 billion. Revenues for the air travel industry are expected to fall 15% to $455 billion worldwide. Passenger traffic is anticipated to fall by 4%, with cargo dropping 14% for the year.

Financially, IATA CEO Giovanni Bisignani says the impact of the financial crisis has been more severe than the terror attacks of eight years ago.

Continue reading IATA revises airline industry losses by $2 billion more

IATA revises airline industry losses by $2 billion more originally appeared on BloggingStocks on Thu, 17 Sep 2009 11:00:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>airline industryAirlineIndustryairlinesasiaasia pacificAsiaPacificeuropeiatainternational air transport associationInternationalAirTransportAssociationinthenewslatin americaLatinAmericanorth americaNorthAmericaThu, 17 Sep 2009 11:00:00 EST<![CDATA[Southern Peru (PCU) mines locally, but sells globally]]>http://www.bloggingstocks.com/2007/11/05/southern-peru-pcu-mines-locally-but-sells-globally/http://www.bloggingstocks.com/2007/11/05/southern-peru-pcu-mines-locally-but-sells-globally/http://www.bloggingstocks.com/2007/11/05/southern-peru-pcu-mines-locally-but-sells-globally/#commentsFiled under: , , , , , ,

During a period of persistent demand for minerals/commodities, considering a mining company or two makes a great deal of sense, and among these Southern Peru Copper (NYSE: PCU) is worth an evaluation.

Southern Peru is one of the largest copper mining companies in the world, and also is a large producer of molybdenum, silver and zinc. With operations in Mexico, Peru and Chile, PCU has seen steady demand for its mined products from burgeoning Asia, as well as from buyers in Europe and the Americas.

Further, although period labor strikes have lowered production in the past, PCU has been able to keep production at acceptable levels, and that fact, combined strong demand for copper, along with the company's 44.9 million proven copper reserves, make PCU an inviting play.

The risks? As one might realize, PCU sells a great deal of copper to China, and if China substantially lowers its copper purchases as it started to do so this summer, copper prices would begin to soften, hurting PCU's results. The Reuters F2007/F2008 EPS consensus estimates for PCU are $9.15/$10.24.

The First Call mean rating for PCU is: Hold. (8 firms.) Mean 2007 target: $109.50. (high: $135, low: $59.80.)

Stock Analysis: Southern Peru Copper is a moderate-risk stock not suitable for low-risk investors. Investors with an investment horizon longer than 2 years should be rewarded from PCU's shares. Sell / Stop Loss: $95.

Southern Peru (PCU) mines locally, but sells globally originally appeared on BloggingStocks on Mon, 05 Nov 2007 16:15:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>AsiaChinacopperEuropeminingmolybdenumNorthAmericaPCUsilverSouthAmericaSouthernPeruCopperzincMon, 05 Nov 2007 16:15:00 EST<![CDATA[Pepsi's new CEO starts in on change creation]]>http://www.bloggingstocks.com/2006/09/17/pepsis-new-ceo-starts-in-on-change-creation/http://www.bloggingstocks.com/2006/09/17/pepsis-new-ceo-starts-in-on-change-creation/http://www.bloggingstocks.com/2006/09/17/pepsis-new-ceo-starts-in-on-change-creation/#commentsFiled under: , , ,

Indra Nooyi isn't even officially begun her new role as CEO of PepsiCo, Inc. (NYSE:PEP), and already she's shaking things up. On Friday Pepsi announced Nooyi would be promoting John Compton to CEO of PepsiCo North America, effective immediately. The promotion is only part of a reorganization that morphs Pepsi into two separate divisions, both reporting directly to Nooyi: PepsiCo International and PepsiCo North America.

Bank of America analyst Bryan Spillane likes Compton in the role, but according to the Wall Street Journal [subscription required], said that Pepsi's "talent glut" might mean other executives would begin to grumble about their relative paucity of promotions and responsibilities.

Compton's background is notable for his ability to manage disparate organizations; he was responsible for the integration of Quaker Oats into PepsiCo following the 2001 merger. Nooyi won't be officially his boss until October 1, when she takes over from outgoing CEO Steven Reinemund.

Pepsi's new CEO starts in on change creation originally appeared on BloggingStocks on Sun, 17 Sep 2006 19:30:00 EST. Please see our terms for use of feeds.

Permalink | Email this | Comments]]>bryan spillaneBryanSpillanecompton promotionComptonPromotiondivisionindra nooyiIndraNooyijohn comptonJohnComptonnooyinorth americaNorthAmericapepsipepsi ceoPepsiCeopepsicopepsico ceopepsico north americaPepsicoCeoPepsicoNorthAmericapromotionquaker oatsQuakerOatsreorganizationSun, 17 Sep 2006 19:30:00 EST