Moving and Storage Business News

The News Review:

- Insurance pool advocated: Small companies should be able to unite,…
- Build Your Inflation Hedge With Infrastructure
- Hitachi cuts jobs, flees Mexico
- AGL Resources 2007 Analyst Conference – Final.
- Interact Holdings Group, Inc. President Provides Update.

Insurance pool advocated: Small companies should be able to unite,…
Free with registration – The State – AccessMyLibrary.com – Mar 22, 2007
(22-MAR-07) State (Columbia, SC). 22–Walter Carr has owned a pest-control business, a construction company, and a commercial real estate business and storage warehouse, keeping his payroll limited to no mor.

Build Your Inflation Hedge With Infrastructure
thestreet.com – Mar 22, 2007
In a normal financial market, I’d advise adding to positions in gold and other commodity stocks as a hedge against inflation. The prices of the underlying commodities typically go up when inflation climbs, and the stocks of commodity producers climb even faster, since their earnings rise faster than the prices of the commodities themselves. That’s because the costs at these companies are largely fixed, so increases in commodity prices drop straight to the company’s bottom line. Not Business as Usual But this isn’t a normal financial market. Because the 416-point selloff of Feb. 27 was largely a result of traders unwinding speculative positions purchased with borrowed money, the prices of gold and other commodities didn’t zig when the stock market zagged, as they usually do. Instead, since traders were also selling speculative positions in gold and other commodities, shares in these sectors went down along with everything else…
The trust is managed by Australia’s Macquarie Group, which manages $38 billion in more than 90 infrastructure projects around the world. The shares of the trust pay a 6. New Developments on Past Columns.

Hitachi cuts jobs, flees Mexico
Register – Mar 22, 2007
Hitachi’s plant in San Jose will remain largely unchanged. Hitachi’s HDD business – the world’s third biggest – has struggled with four straight years of losses. The company faces dropping drive prices and fast-moving competition as well as possible turbulence ahead with a push for flash storage in the expanding market of portable computers. Hiroaki Nakanishi, Hitachi Global Storage Technologies CEO, today said the business aims to increase sales by 40 per cent this calendar year. “It will be a struggle against price falls, but we will aggressively push forward new products and cut costs to gain a profit,” he told the press today. Centralizing the component and final HDD-assembly facilities in China and Thailand will cut shipping costs and shorten production cycles, Hitachi said in a press release, advancing the company’s “mega-manufacturing concept”.

AGL Resources 2007 Analyst Conference – Final.
Free with registration – Fair Disclosure Wire – AccessMyLibrary.com – Mar 22, 2007
And Mike Braswell will talk to you about that in the presentation after Eric’s. Wholesale services, very disciplined business, very good platform around executing in the natural gas space both with asset management agency agreements for our own utilities for third parties. And then some proprietary positions in storage and transportation primarily. Extremely good platform with the volatility last year, extremely good results, and Doug Schantz is here to talk to you about that later. Energy investments, primarily two parts of energy investments that I’ll talk about today. One is the operating piece, which is Jefferson Island. That facility, which is operating near the Henry Hub in Louisiana, but also in this segment, we have development work where we’re developing primarily salt-dome storage in several areas in the Jefferson Island area and several other areas in the Gulf Coast…
My responsibility where I lead is the six utilities that AGL Resources operates up and down the East Coast. And I thought I’d start out this morning as giving a kind of a brief overview of the utilities and the ones that we operate. Atlanta Gas Light Company, obviously the largest utility, 100% decoupled on a straight fixed variable rate, so basically, our customer count and what we call a DDDC, our dedicated design capacity factor, it really kind of drives the margin. The next two utilities are Elizabethtown Gas across the river in New Jersey, which is the key city we serve there is Elizabeth and Union, as well as a little section up in the northwest part of New Jersey. You can see here that we basically are about 60% decoupled with our margin. And we do have a WNA that protects us, and we have a rate expiration date of 2009. Virginia Natural Gas, basically the same type of customer count, located in the Hampton Roads and Norfolk, Newport News area of Virginia, just settled a rate case in 2006, again percent margin decoupled, similar to Elizabethtown gas, maybe not as good on the straight side or on the fixed side, and we also have WNA in Virginia.

Interact Holdings Group, Inc. President Provides Update.
Free with registration – PR Newswire – AccessMyLibrary.com – Mar 22, 2007
Both of these companies are well established and have a long history of sustained revenue generation. In fact, UTSI International just observed the 22nd anniversary of its founding. Both companies are focused on providing technical consulting and solutions along with operational services to owners and operators of industrial infrastructure. “Today these two subsidiaries are principally involved with the infrastructure associated within the oil & gas pipeline market, although Diverse has a long history of also providing operational services to the wireless.