MASTER LIMITED PARTNERSHIPS

Friday, October 24, 2008

Closing with buyers as the MLP index is up nearly 3/4 of a point!

5 comments:

KL Jackson said...: Please,
New to the blog. Trying to learn more about Master Limited Partnerships. What is the MLP Index and where can I find it? Serch effort didn't work.
Thanks,
KLJ; 10/25/2008 11:34 PM
Anonymous said...: This seems to illustrate the severity of the recession (or worse) that we're going through.

Part of Volvo's problems might be currency related ( making them less competitive in the EU, than truckmakers from weak currency markets ), but some part of the problem might be credit related, along with demand related ( stretching additional life out of existing trucks rather than buying new trucks in a questionable business enviornment ).

Nevertheless a 99.7% decline in orders is a stunning number, with repercussions up and down the supply chain for Volvo suppliers.

I'd suspect if this isn't confined to Volvo, there will be less demand for steel, coal ( to make coke for steel ), Aluminum, etc.

HS
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European truckmakers face 'sharpest downturn'

By Robert Anderson in Stockholm
Friday Oct 24 2008 18:15
Two of Europe's largest truckmakers on Friday warned that the market was facing its worst downturn as customers delayed or cancelled orders because of the global financial crisis.

Orders at Volvo (NASDAQ:VOLVY) , the world's second-largest truckmaker, fell 55 per cent in the third quarter year-on-year, and in Europe it had almost as many cancellations as new orders. Volvo recorded just 115 net order bookings for new trucks in Europe, down from 41,970 a year earlier - a 99.7 per cent drop.

"We're heading towards the sharpest downturn I've ever seen in Europe," Leif Johansson, Volvo chief executive, told analysts.

http://us.ft.com/ftgateway/superpage.ft?news_id=fto102420081925548300&referrer_id=yahoofinance; 10/26/2008 12:54 PM
joewxman said...: kl

if you scroll down the blog roll you will see 2 links...one is all about the mlp index...and the other is Publically Traded Partnerships. Start there for some info. If you have any other questions post or let me know.; 10/26/2008 1:29 PM
Anonymous said...: jeez...

My wife's alarm clock went off...
and I decided to get up to check the futures....

Bad move, I could have had another hour of blissful, turmoil free sleep.

HS; 10/27/2008 6:48 AM
Anonymous said...: "Alliance Resource Partners, L.P. Increases Quarterly Cash Distribution by 6.1% to $0.70 Per Unit; Reports Solid Financial and Operating Results; and Confirms Guidance

Date: 10/27/2008 7:00:06 AM"

Lee; 10/27/2008 7:10 AM

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