Last week, Grupo Aeroportuario del Pacifico S.A.B. de C.V. or GAP (PAC) announced preliminary terminal passenger traffic figures for August. Total terminal passengers fell 7.7% from the comparable period last year. Domestic passenger traffic decreased 3.8%, while international passenger traffic shrank 15.8% compared to August 2008.

Airlines all over the world are facing difficulties, primarily due to the collapse of the global economy. Declining business and leisure travel is affecting airlines' business to a larger extent.

Moreover, the Mexican economy should face a more challenging period in the coming quarters as the Bank of Mexico recently lowered its benchmark interest rate by just 25 basis points to 4.5%, reducing the scope for aggressive rate cuts. The Mexican economy is rapidly slowing down and the trend is likely to continue in the short term. Thus, it certainly would be a difficult year for PAC, Grupo Aeroportuario del Sureste S.A.

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Tuesday September 1st, 2009

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China Valves Technology, Inc. (OTC Bulletin Board: CVVZ), a leading metal valve manufacturer with operations in the People’s Republic of China, today announced that the Company’s new production facility at its Henan Kaifeng High Pressure Valve Co., Ltd. subsidiary will begin formal production in mid September 2009.

Yucheng Technologies Limited

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Almost half of all American adults no longer believe that home ownership is a realistic way to build wealth. That’s according to Gail Cunningham of the National Foundation for Credit Counseling.

Given that home ownership is a cornerstone in almost every wealth-building plan, this is astonishing.

Even if the days of selling a house for an enormous profit are over, building equity in a home beats the pants off paying rent.

Of course, ownership is not always better than renting, but in most cases, it still is. And even if home prices are flat, building a little bit of equity makes it worth the cost of ownership, especially when you add in the tax breaks associated with owning a home.

Trouble is, some of the statistics are frightening:

One-third of those surveyed don’t believe they’ll ever be able to afford a home. Forty-two percent of those who once purchased a home, but ...

Home Ownership: How to “Buy on Fear” in Real Estate

by Marc Lichtenfeld, Advisory Panelist

Almost half of all American adults no longer believe that home ownership is a realistic way to build wealth. That’s according to Gail Cunningham of the National Foundation for Credit Counseling.

Given that home ownership is a cornerstone in almost every wealth-building plan, this is astonishing.

Even if the days of selling a house for an enormous profit are over, building equity in a home beats the pants off paying rent.

Of course, ownership is not always better than renting, but in most cases, it still is. And even if home prices are flat, building a little bit of equity makes it worth the cost of ownership, especially when you add in the tax breaks associated with owning a home.

Trouble is, some of the statistics

...

Almost half of all American adults no longer believe that home ownership is a realistic way to build wealth. That’s according to Gail Cunningham of the National Foundation for Credit Counseling, quoted in Barron’s this week.

Given that home ownership is a cornerstone in almost every wealth-building plan, this is astonishing. Even if the days of selling a house for an enormous profit are over, building equity in a home beats the pants off paying rent.

Of course, home ownership is not always better than renting, but in most cases, it still is. And even if home prices are flat, building a little bit of equity makes it worth the cost of ownership, especially when you add in the tax breaks associated with owning a home.

Home Ownership Statistics Are Disconcerting

Trouble is, some of the statistics about home ownership are frightening:

One-third of those surveyed don’t believe they’ll ...

According to new data from commercial real estate services company Cushman and Wakefield, US office market vacancies jumped in 1Q09. The overall US office vacancy rate was 12.5% in 1Q09, 130 bps higher than year-end 2008. Only one market of the 31 CBDs (central business districts) that Cushman tracks reported occupancy increases -- Dallas, with a 1Q09 vacancy rate of 27.2%, 40 bps better than the previous quarter.Two markets -- Atlanta and Orlando -- held steady, and the rest declined. Year over year (1Q09 vs. 1Q08), vacancy rates declined in six markets that the company tracks: Atlanta, Dallas, Ft. Lauderdale, Silicon Valley, Oakland, and Minneapolis, while increasing in the rest. According to the report, the three US markets with the lowest office vacancy rates are New Haven, Conn (9.2%), Washington (D.C), New York (9.6%) and Portland (10.2%), although each market reported large y/y vacancy jumps.Additionally, ...

Not every automaker CEO is down on his knees with cap in hand. Some of them are too proud to beg… and Taipan Daily won’t have to beg either with the right options strategy.

Not every auto manufacturer wants charity, you know.

While Detroit’s CEOs were up on Capitol Hill whining and begging like street junkies for a mere $25 billion to tide them over until spring, salesmen from Bentley, Lamborghini and Maserati were working the floor of the Los Angeles Auto Show like madmen in an attempt to stem their stateside sales losses.

Now don’t let their $500 suits and smooth manners fool you. These guys are hurting too. Lambo’s down 15% (pretty much a match to the whole biz’ 2008 decline). And Volkswagen AG’s Bentley (VLKAY) group has slipped a whopping 30%.

No Pain Here

Perhaps the folks who buy BMWs and Mercedes are up against it right now. But

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Headquartered in Los Angeles, California, EV Transportation Inc. is the parent company of EV Rental Cars, LLC. Founded in 1997, EV Rental Cars exclusively rents hybrid electric and low emissions vehicles. They are the first car rental company in the United States to rent only environmentally friendly vehicles to the public. The Company’s shares trade on the OTCBB.

Affiliated with Fox Rent-A-Car, EV’s fleet consists of more than 350 cars at seven locations throughout the United States. The Company’s airport locations include Los Angeles, Orange County, San Diego, San Francisco, Oakland, and San Jose, California. They also have their site in Phoenix, Arizona. The company has the distinction of preventing more than 100 tons of air pollution and have passed to their customers over one million dollars in fuel cost savings. EV Rental Cars growth in recent years now has their yearly revenues close to four million dollars.

EV won an Automotive

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Headquartered in Oakland, California, Zhone Technologies Inc. is a provider of advanced telecommunications equipment. They offer their customers a wide variety of access and transport networking solutions. These solutions enable services such as residential and commercial broadband, VoIP, IPTV, and Ethernet. Trading on the NASDAQ Global Market, Zhone Technologies has over 700 customers on six continents. Senior executives of Ascend Communications founded Zhone Technologies Inc. in 1999 and the Company incorporated in Delaware in June of that year.

Zhone Technologies’ converged access platform improves network capabilities and reduces costs. Their platform allows operators to deploy premium services quickly on their existing copper and fiber infrastructure. It also provides operators a smooth path to an all Internet Protocol (IP) network. The Company achieves this with their MALC Broadband Loop Carrier. The MALC delivers voice, data, and video services over a pure packet access network. The MALC also gives carriers the flexibility to

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Westport Innovations engages in the research, development, and marketing of high-performance engines and fuel systems. Headquartered in Vancouver, British Columbia, their engines use gaseous fuels such as compressed natural gas (CNG), liquefied natural gas (LNG), hydrogen, and hydrogen-enriched compressed natural gas (HCNG). The company began in 1995 and is part of the Pollution and Treatment Controls Industry. They trade on the NASDAQ Global Market under the symbol (WPRT) and trade on the Toronto Stock Exchange under the symbol (WPT.TO)

Westport’s engine technologies reduce nitrogen oxides (NOx), particulate matter (PM), and greenhouse gas emissions (GHG). They do all of this while preserving the power, torque, and fuel efficiency of diesel engines. The company’s experience and expertise is in helping commercial fleets and cities transition themselves from oil usage to natural gas usage. Along with their engine development knowledge and their work with gaseous fuels, they also provide fuel tanks and

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