Jumat, 25 Desember 2009

plus 3, Park River Implement - AG Week

plus 3, Park River Implement - AG Week


Park River Implement - AG Week

Posted: 24 Dec 2009 05:02 PM PST

Now 3 Locations To Serve You!

Rolla Implement
1 Front Street
Rolla, ND
701.477.3116

Houtcooper Implement
701.968.3211
Cando, ND

Park River Implement sells a complete line of New Holland Equipment, Premium Auto & Truck Parts, Honda ATVs and Motorcycles, Honda Power Equipment as well as short line equipment in Northeast North Dakota. We service New Holland, Honda and other makes of equipment to fulfill our customers needs.

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Oshkosh Defense Awarded $54 Million Delivery Order for M-ATV Armor ... - Yahoo Finance

Posted: 24 Dec 2009 04:02 AM PST

OSHKOSH, Wis.--(BUSINESS WIRE)--Oshkosh Defense, a division of Oshkosh Corporation (NYSE:OSK - News), has received an order valued at more than $54 million from the U.S. Army Tank-automotive and Armaments Command Life Cycle Management Command (TACOM LCMC) to supply more than 970 add-on protection kits for the MRAP All-Terrain Vehicle (M-ATV).

Under the delivery order, Oshkosh will supply more than 170 explosively formed penetrator (EFP) kits through April 2010 and 800 rocket-propelled grenade (RPG) kits through May 2010. To date, Oshkosh has received awards valued at $3.52 billion to deliver 6,619 M-ATVs, as well as spare kits and aftermarket in-theater support.

"The M-ATV provides exceptional protection capabilities for our U.S. Armed Forces in Afghanistan, and these add-on armor kits will only further improve upon those capabilities," said Andy Hove, Oshkosh Corporation executive vice president and president, Defense. "A flexible design and advanced independent suspension system allows the vehicle to take on additional payloads, including add-on armor upgrades."

Oshkosh Defense teamed with Plasan North America to provide an advanced armor solution for the M-ATV. Plasan also developed the armor system used on more than 5,000 legacy MRAPs and thousands of Oshkosh Medium Tactical Vehicle Replacement (MTVR) Armored Cabs already in theater.

The M-ATV uses the Oshkosh-patented TAK-4® independent suspension system to provide superior off-road mobility as well as support vehicle upgrades, such as heavier armor. The system, which has undergone more than 500,000 miles of government testing, provides 16 inches of independent wheel travel and helps the vehicle achieve a 70-percent off-road profile capability to negotiate harsh cross-country terrain and unimproved roads.

Existing Oshkosh facilities have the capacity, highly skilled workforce and proven manufacturing capability to deliver the M-ATV and vehicles for all other Army and Defense programs, including the Family of Medium Tactical Vehicles (FMTV), as well as any surges in production.

About Oshkosh Defense

Oshkosh Defense, a division of Oshkosh Corporation, is an industry-leading global designer and manufacturer of tactical military trucks and armored wheeled vehicles, delivering a full product line of conventional and hybrid vehicles, advanced armor options, proprietary suspensions and vehicles with payloads that can exceed 70 tons. Oshkosh Defense provides a global service and supply network including full life-cycle support and remanufacturing, and its vehicles are recognized the world over for superior performance, reliability and protection. For more information, visit www.oshkoshdefense.com.

About Oshkosh Corporation

Oshkosh Corporation is a leading designer, manufacturer and marketer of a broad range of specialty access equipment, commercial, fire & emergency and military vehicles and vehicle bodies. Oshkosh Corp. manufactures, distributes and services products under the brands of Oshkosh®, JLG®, Pierce®, McNeilus®, Medtec®, Jerr-Dan®, Oshkosh Specialty Vehicles, Frontline™, SMIT™, CON-E-CO®, London® and IMT®. Oshkosh products are valued worldwide in businesses where high quality, superior performance, rugged reliability and long-term value are paramount. For more information, log on to www.oshkoshcorporation.com.

®, ™ All brand names referred to in this news release are trademarks of Oshkosh Corporation or its subsidiary companies.

Forward-Looking Statements

This press release contains statements that the Company believes to be "forward-looking statements" within the meaning of the Private Securities Litigation Reform Act of 1995. All statements other than statements of historical fact, including, without limitation, statements regarding the Company's future financial position, business strategy, targets, projected sales, costs, earnings, capital expenditures, debt levels and cash flows, and plans and objectives of management for future operations, are forward-looking statements. When used in this press release, words such as "may," "will," "expect," "intend," "estimate," "anticipate," "believe," "should," "project" or "plan" or the negative thereof or variations thereon or similar terminology are generally intended to identify forward-looking statements. These forward-looking statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions and other factors, some of which are beyond the Company's control, which could cause actual results to differ materially from those expressed or implied by such forward-looking statements. These factors include risks related to the required increase in the rate of production for the M-ATV contract and the amount, if any, of additional orders for M-ATVs that the Company may receive; the cyclical nature of the Company's access equipment, commercial and fire & emergency markets, especially during a global recession and credit crisis; the duration of the global recession, which could lead to additional impairment charges related to many of the Company's intangible assets; the expected level and timing of U.S. Department of Defense procurement of products and services and funding thereof, including the outcome of the formal protests of the Family of Medium Tactical Vehicles (FMTV) award to the Company; risks related to reductions in government expenditures and the uncertainty of government contracts; the consequences of financial leverage associated with the JLG acquisition, which could limit the Company's ability to pursue various opportunities; risks related to the collectability of receivables during a recession, particularly for those businesses with exposure to construction markets; risks related to production delays as a result of the economy's impact on the Company's suppliers; the potential for commodity costs to rise sharply, including in a future economic recovery; risks associated with international operations and sales, including foreign currency fluctuations; and the potential for increased costs relating to compliance with changes in laws and regulations. Additional information concerning these and other factors is contained in the Company's filings with the Securities and Exchange Commission. All forward-looking statements speak only as of the date of this press release. The Company assumes no obligation, and disclaims any obligation, to update information contained in this press release.

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Forbes Ranked Analyst Picks Stock Winners In The 3G Chinese Market - Yahoo Finance

Posted: 21 Dec 2009 08:23 AM PST

67 WALL STREET, New York - December 21, 2009 - The Wall Street Transcript has just published its China & Japan Report offering a timely review of the sector to serious investors and industry executives. This 132 page feature contains expert industry commentary through in-depth interviews with public company CEOs, Equity Analysts and Money Managers. The full issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online.

Topics covered: Chinese ADRs - Asia Pacific Fund - Greater China Fund - Non-Mainstream Names - China and the US, The Most Vibrant Growing Global Economies - Japan Equity Fund - Expectation of Strong Earnings in Singapore Companies - Thai Government Key Driver for Economic Recovery in 2010

Companies include: Deer Consumer Products (DEER); Lonrho Africa (LNAFF.PK); Nintendo (7974_JP); Puda Coal (PUDA); AU Optronics (AUO); Acorn (ATV); Alcon (ACL); Amphenol (APH); Apple (AAPL); Baidu (BIDU); BioPharm Asia (BFAR.OB); British Petroleum (BP); CNOOC (883_HK); Canadian Natural Resources (CNQ); Chaoda Modern Agriculture (0682.HKG); Cheung Kong Holdings (CHE.SG); China Automotive Systems (CAAS); China Housing & Land (CHLN); China Merchants Bank (3968_HK); China Mobile (CHL); China Ritar Power (CRTP); China Sky One Medical, Inc. (CSKI); China Unicom (CHU); China Valve Technology (CVVT); Chunghwa Telecom (CHT); Cisco (CSCO); Cogo (COGO); Disney (DIS); DuPont (DFT); Ezra Holdings (5DN.SIN); F5 (FFIV); FEMSA (FMX); Fanuc (6954_JP); Flextronics (FLEX); Global Sources (GSOL); HK Exchange (388_HK); Hewlett-Packard (HPQ); Honda (HMC); ICBC (1398_HK); ICON (ICLR); Juniper (JNPR); KONE (KNEBV.HEL); Komatsu (6301_JP); L'OrŽal (LOR.BE); LG Display (LPL); LIC Housing Finance (LICHF.IN); MUFG (MUFG); McDonald's (MCD); Mitsubishi UFJ (MTU); Molex (MOLX); Nabors (NBR); NestlŽ (NESR.F); Nobel Biocare (NOBN.VX); Orascom Telecom (OTLD_LI); Pargesa Holdings (PARG.SWF); Roche (RO.SW); SK Telecom (SKM); Sanofi-Aventis (SNY); Sasol (SSL); Singapore Telecom (SGAPY.PINK); SinoHub (SIHI); Sinopharm (1099_HK); Sony (SNE); Swiss Water Decaf (SWS-UN.TO); Terna (TRN.BIT); Total (TOT); Total Produce (T70.BE); Toyota (TM); Toyota (7203_JP); Venture Corporation (V03.SIN); WSP Holdings (WH); Wal-mart de MŽxico (WMMVF.PK); Winner Medical (WWIN); Wonder Auto Technology (WATG); Xcel Energy (XEL); Yamaha Motor (7272.JP); Yongye International (YONG); Yum! Brands (YUM).

In the following brief excerpt from the 132 page report, Brian J. White discusses the outlook for the Chinese tech sector and for investors.

BRIAN J. WHITE, CFA, is Managing Director of Equity Research, covering tech supply chain, networking and IT hardware at Ticonderoga Securities. Mr. White has covered various industries in the technology sector for 11 years with firms such as Collins Stewart, Jefferies & Company and Merrill Lynch. Prior to joining Ticonderoga, he was responsible for covering the electronics supply chain and China technology sectors at Collins Stewart, which included researching stocks in areas such as display technologies, China technology, passive components and electronics manufacturing services.

Mr. White has been active in researching the technology sector in China over the past several years and hosts an annual tour for clients to cities such as Beijing, Shenzhen and Shanghai. Mr. White was ranked as one of the leading analysts in the electronics industry category by Forbes as part of the 2009 Blue-Chip Analyst Survey, and he was a member of the number one-ranked electronics manufacturing services team by Institutional Investor Magazine while at Merrill Lynch. He received his MBA from Vanderbilt University with a concentration in finance and accounting, with an international emphasis. He graduated with honors and is a member of Beta Gamma Sigma. Mr. White is also a Chartered Financial Analyst and a member of the New York Society of Security Analysts.

TWST: What's important from an investor perspective and from a stock growth perspective when you look at things like the 3G buildout in China, and the increased focus on enterprise solutions and servicing in the institutional marketplace as opposed to consumer spending growth?

Mr. White: So I mean, 3G spending started on a trial basis even before the licenses were given out early this year. So we've got three different technologies, and the three big service providers are building out each using a different technology. You'll probably see 3G spending on infrastructure on base stations peak this year, but it really is an ongoing investment. So I think you will see the infrastructure peak. I believe in the fourth quarter, demand for base stations picked up quite a bit because you have TD-SCDMA phase III going through and WCDMA phase II. So you've got a couple of new phases, base stations to expand the coverage for 3G in China. Next year you will have spending on 3G infrastructure and the year after, but it won't be as great as this year. So this year was the initial buildout but still focused on the networks at the three service providers with three technologies.

I think what you will see next year and in the future is the purchase of 3G handsets. So the network is built out this year but the 3G handset sales were disappointing for various reasons. I think you will start to see that pick up next year and the year after. The 3G handset numbers in China are low millions at best. So you think about what people have in the U.S., most people now have 3G phones. The iPhone was recently launched with China Unicom (CHU), and there are lots of smartphones coming out. The issue you have in China is that the phone numbers are not portable; so to change a service provider, you've got to get a different number. Additionally, the applications are not there just yet.

TWST: Which stocks have been positively influenced by this change? What are you seeing in terms of the performance of the stocks that are set to benefit not only from the initial buildout stage, but from the adoption of the 3G?

Mr. White: The big beneficiary in China has been ZTE and Huawei. ZTE and Huawei have been the big beneficiaries of the base station buildout in China. Historically, they actually were nowhere in the wireless market in China. So 3G gave them an opportunity to get involved in wireless infrastructure in China. They had mostly exported their wireless technology. So they are both beneficiaries. They are both ramping up a big mobile phone businesses, so you think of them as infrastructure companies. I just visited ZTE in October, and they are the number six mobile phone vendor in the world, and they hope to be number five by the end of this year. Additionally, ZTE is starting to ramp high-end smartphones that you will see start to be sold into U.S. market. So I think those were a couple of guys that will benefit as well.

The Wall Street Transcript is a unique service for investors and industry researchers - providing fresh commentary and insight through verbatim interviews with CEOs and research analysts. This 132 page special issue is available by calling (212) 952-7433 or via The Wall Street Transcript Online .

The Wall Street Transcript does not endorse the views of any interviewees nor does it make stock recommendations.

For Information on subscribing to The Wall Street Transcript, please call 800/246-7673

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Second suit seeks to block public financing for Supreme Court races - Milwaukee Journal Sentinel

Posted: 22 Dec 2009 08:18 PM PST

Dec. 24, 2009 | Plans to buy a former supermarket in Cudahy, and convert it into a four-screen cinema with sit-down dining, are on hold.

Larry Widen and David Glazer have run into some setbacks on their proposal, which involves the former Kohl's Food Store, 4630 S. Kinnickinnic Ave., one block north of Layton Ave.

"I don't know if it's going to be resurrected or not," Glazer said. "I'd like to think it will be."

Widen and Glazer, who operate the Times Cinema, 5906 W. Vliet St., and Rosebud Cinema Drafthouse, 6823 W. North Ave., Wauwatosa, said in May they would remodel the 17,000-square-foot building. It would be named the Rosebud Cinema Cudahy.

Their proposal called for sit-down dining, with wine and beer served, similar to the Rosebud in Wauwatosa. »Read Full Blog Post

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