November 11 ndash; Analyst Comments ndash; Cowenrsquo;s Raj Seth commentednbsp; this week on Ener1rsquo;s (Nasdaq:HEV) Q3 conference call, noting that he is encouraged by the companyrsquo;s strong pipeline, but ST is recommending to remain on the sidelines. He rates the stock at NEUTRAL. Key Takeaways middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; Management expects to announce a supply agreement with Fisker by year end. At about $12,000 per pack, this would represent about $85 million in potential revenues for 2010. Also expects some revenues from Think in Q4. Japan Post and Volvo have also placed orders for testing. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; HEV expects about $400 million in funding from government programs. middot;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp;nbsp; ST Ener1 financials are hardnbsp; to predict ndash; estimates earnings power of about $0.70 in 2012 based on $700 million in revenues and EBITDA margins of about 15%.

Ford Motor Company (F) returned to profitability in the third quarter of the year by posting a net income of $873 million or 26 cents per share, easily clearing the Zacks Consensus Estimate loss of 15 cents per share as well as the year-ago loss of 6 cents per share. This was, in fact, Ford's first operating profit since the first quarter of 2008. The company, which was on the verge of bankruptcy in the middle of the year, accredited its rebound to improved product line, inviolable structural cost reduction efforts and improved results at Ford Credit. Although revenue was down 2.5% to $30.9 billion, Automotive revenue rose $100 million to $27.9 billion from the year-ago level. This was attributed to favorable net pricing and higher volumes, primarily in North America, offset partially by unfavorable exchange. Total wholesale vehicles advanced 5% to 1,232,000 units....

Cummins (CMI) has revealed that it will recall about 270 production employees at its Columbus Midrange Engine Plant (CMEP) in Walesboro, Indiana. A temporary increase in orders for the Dodge Ram turbo diesel pickup truck engines made at the plant has led to the recall. The workers had been laid off or transferred to other Cummins facilities over the last year. Dodge Ram pickup – manufactured by Chrysler – is powered by Cummins’ 6.7-liter turbo diesel engine. The orders have increased as Chrysler seeks to build inventory for its 2010 Dodge Ram pickup. Consequently, Cummins plans to temporarily add a second production shift at CMEP on Oct. 19 that is expected to operate through the end of 2009. The recall will boost the plant’s workforce to 600 hourly workers. The company began production of the 2010 Dodge Ram engines in mid-September with approximately 340 production employees ...

A U.S.-led group – the Crown consortium – has revealed its interest to acquire the ailing Volvo unit from Ford Motor Co. (F). The group included former Ford director Michael Dingman and former Ford and Chrysler executive Shamel Rushwin. In 1999, Ford had acquired the Volvo Car Corporation from Sweden-based Volvo Group for $6.45 billion. However, the company put up the unit for sale in December last year in an effort to cut costs and raise cash amidst plunging industry-wide auto sales. Ford had discussions with many automakers for the sale, including Renault SA and China’s third-largest automaker, Dongfeng Motor Group. So far, China's Geely Automotive has submitted the only concrete bid for the unit. Media reports have disclosed that Geely has valued the unit at around $2 billion. Rumors had spread that Crown consortium had offered significantly less than Geely, but both plans involved ...

By Adam Lass, Senior Editor, Taipan Publishing Group

This American company has gained 777% the old-fashioned way: selling junk in backroom deals.

As regular readers know, I am a Ford man.

Back when I was a kid, you had to make three really important choices. First, you had to pick a political party. Didn’t matter how well you knew the candidates – you picked a party and that’s what you were.

We are talking Democrat or Republican here. Libertarians weren’t much discussed, and backing the Socialists could get your parents blackballed at work. And if you wanted peace around the dinner table, you just went with the same side your folks did.

Second, you had to choose “your” baseball, basketball and football teams. We didn’t have rotisserie leagues back then, so there was no “à la carte.” You picked your guys, and you defended their every move in the schoolyard and on

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This American company has gained 777% the old-fashioned way: selling junk in backroom deals. As regular readers know, I am a Ford man. Back when I was a kid, you had to make three really important choices. First, you had to pick a political party. Didn’t matter how well you knew the candidates – you picked a party and that’s what you were. We are talking Democrat or Republican here. Libertarians weren’t much discussed, and backing the Socialists could get your parents blackballed at work. And if you wanted peace around the dinner table, you just went with the same side your folks did. Second, you had to choose “your” baseball, basketball and football teams. We didn’t have rotisserie leagues back then, so there was no “à la carte.” You picked your guys, and you defended their every move in the schoolyard and on the stoop – with fists if need be. Prudent Choices To this ...

There’s no question that the big “winner” in the global financial crisis has been China. While for the past two years developed economies have been scrambling to keep afloat China has taken a nuanced approach to achieving its economic and political goals.

China has used depressed commodities prices to stock up on long-term supplies of raw materials such as oil, copper, and iron.  And it’s used structural weakness in the U.S. financial system as justification for replacing the dollar as the world’s main reserve currency.

Now, the Red Dragon is looking to make headway on the highway by winning global market share in the automotive market while U.S. heavyweights spin out.

“We aren’t afraid of the financial crisis,” Zhou Fuquan, vice president of Geely Automobile Holdings Ltd. (PINK: GELYF), told Bloomberg News. “On the contrary, we hope it will penetrate even further as

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An investment arm of Goldman Sachs Group Inc. (GS) is poised to invest about $250 million in Geely Automotive - China's largest privately-owned carmaker - by purchasing the company's convertible bonds and warrants.

Geely Automotive is the Hong Kong-listed arm of Chinese automaker Geely Holding. Goldman Sachs Capital Partners will buy convertible bonds and warrants issued by Geely's Hong Kong-listed subsidiary. The deal is almost complete, but some technical details of the investment are still pending. Confirmation of the deal could be announced as early as this week.

Geely plans to use the proceeds from the Goldman investment to boost its production capacity, which could free up capital for its parent to bid for Volvo. Geely's parent company has made global headlines in recent weeks after contemplating a bid for Volvo, the Swedish car brand owned by Ford Motor Co. (F). A successful deal would boost Geely's profile and

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Moody's Investors Service has downgraded its outlook on Paccar Inc. (PCAR) and its main financing arm to Negative from Stable, expecting the heavy truck maker to continue to face difficulties due to a slump in truck demand. The credit ratings agency has also affirmed its A1 long-term and Prime-1 short-term ratings for Paccar and the financing arm. A1 is an investment-grade rating four notches below the top triple-A rating. Obligations rated A by Moody’s are considered upper-medium grade and are subject to low credit risk. Moody’s provides Prime-1 rating to taxable securities with maturity not exceeding thirteen months. Short-term ratings are based on the securities ability to honor short-term financial obligations. In the second quarter of 2009, Paccar had lost a penny per share, excluding a one-time tax gain. Net revenues slipped 55% driven by a significant fall in volumes on the back of a ...

Beacon Enterprise Solutions Group, Inc. is a global leader in the design, implementation, and management of high performance Layer 1 network solutions. The company provides advanced IT solutions with a commitment to the proactive optimization of client companies’ operations. Trading on the OTCBB, Beacon has their corporate headquarters in Louisville, Kentucky. In addition, they have offices in Cincinnati and Columbus, Ohio; Zurich, Switzerland; and personnel in Mangalore, India.

The company provides rapid deployment, broad spectrum, fully integrated IT programs with state-of-the-art, next-generation design, engineering, installation, and managed services. They offer fully integrated turnkey solutions capable of fully servicing the largest companies in the world. Beacon offers telecom infrastructure design, software development, as well as voice/data/security system integration, system installation, and maintenance. They also provide long distance, VoIP, and Internet access service.

Beacon’s client roster includes state and local agencies, educational institutions, and over 4,000 companies ranging in size from mid-sized companies

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