Smith Midland Corp (SMID.OB) is a company that develops, sells, licenses and rents precast concrete products for construction, and highway and noise barriers. The business was started in 1960 by Rodney I. Smith and his father David Smith. Today, Rodney’s son, Ashley B. smith, who has a BA in Business Administration, serves as the COO.… Continue Reading
For the last 17 months, Avis Budget Group (CAR) and Hertz Global Holdings (HTZ) have been bidding to acquire the Dollar Thrifty Automotive Group (DTG), a car rental company. Yesterday, Avis withdrew from the competition when they closed a deal to purchase Avis Europe. Avis Europe has 4,050 outlets in 112 countries throughout Europe, the… Continue Reading
Pfizer Inc. (PFE) is planning to maintain its core medicine producing business and divest of its nutrition and animal food divisions. Ian Read, Pfizer’s CEO, organized a study which lead to the conclusion that Pfizer would be best to concentrate on what it knows best and to have 2 divisions. One division would be generic… Continue Reading
The real estate industry in Latvia is showing renewed signs of life as its recovery from a severe economic contraction gains momentum. Of special note are key markets like Riga and Jurmala. Riga is the capital; one of the largest capital cities in the Baltic States. Riga is sophisticated and attractive to foreign residents and… Continue Reading
In a world that often times seems to be unraveling, the latest blow to the self esteem of US citizens is the dire predictions of the U.S. Postal Service (USPS) going belly up by the winter. Postmaster General Patrick Donahoe said in a hearing on Capital Hill recently that the US Postal Service is in a… Continue Reading
On behalf of the American people Obama could have added one job this year instead of coming in at 0. The amount of times Obama has gone golfing he could have taken one unemployed person as his own golf caddie. Wouldn’t that be an excellent form of job growth…100% and of course free trips for… Continue Reading
Today’s world of economic doomsday predictions might seem a little daunting for the everyday investor and that’s when you sit back an look at a company like Magma (LAVA) headed by Rajeev Madhavan and forget that the sky is falling. Currently Magma, which specializes in digital automation systems and software that enable semiconductor manufacturers to… Continue Reading
As prices around the world are rising for basic services, commodities like energy services seem to be a good bet. Lots of smaller oil companies based in North America have fared well, yet lots of investors want an approach that is more encompassing. Brookfield Infrastructure (BIP) actually invests in more than just oil and has… Continue Reading
As Moamar Gaddafi flees towards his twilight, the Libyan strongman has left his country in a state of turmoil, yet unlike other war ravaged countries, Libya has tremendous potential in oil wealth. Between 2006 and 2010 Libya was producing on average 1,789.155 to 1,809.577 barrels a day. Of course this output has been halted due to… Continue Reading
There are a lot of calls from investors to pick up some “low hanging fruit” in the market. While its true that you can find some potentially valuable stocks for cheap, there may also be a lot of duds. The trick is to sift through and see if a stock is unnaturally low and will… Continue Reading