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US Airways Group Inc (LCC), Delta Air Lines, Inc. (DAL): Why Buffett May Be Wrong About Airlines

2013-04-21 18:44:19| Airlines - Topix.net

Warren Buffett is known for having a long-held aversion to airline stocks. While he owned shares of what is now US Airways Group Inc back in the 1990s, Buffett famously blamed this investment on "temporary insanity." Buffett has on numerous occasions stated that airlines have all the hallmarks of a terrible business: "one that grows rapidly, ... (more)

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Delta and Starbucks among most expensed by business travelers

2013-04-19 11:09:31| Airlines - Topix.net

Delta Air Lines Inc., Starbucks , Marriott and Avis Car Rental are the airline, restaurant, hotel and rental car company most frequently expensed among North American business travelers, reports CNBC.

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Nigeria loses billions in revenue due to oil theft in the Niger Delta

2013-04-16 01:00:00| Hydrocarbons Technology

Royal Dutch Shell said that oil theft in the Niger Delta, Nigeria, is costing the country billions of dollars a year in lost revenue, as well as putting tremendous pressure on Shell Nigeria staff.

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Lockheed Martin Team Completes Delta Preliminary Design for Next GPS III Satellite Capabilities

2013-04-10 06:00:00| Industrial Newsroom - All News for Today

NEWTOWN, Pa. - Lockheed Martin [NYSE: LMT] has successfully completed a Delta Preliminary Design Review (dPDR) for the next Global Positioning System (GPS) III satellite vehicles planned under the U.S. Air Force's GPS III program.<br /> <br /> The GPS III program will affordably replace aging GPS satellites, while improving capability to meet the evolving demands of military, commercial and civilian users. GPS III satellites will deliver three times better accuracy and up to eight times ...This story is related to the following:Transportation Industry ProductsSearch for suppliers of: Global Positioning Systems (GPS)

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State water tunnel plans call for rerouting of 3 Delta highways for years

2013-04-07 16:00:00| Climate Ark Climate Change & Global Warming Newsfeed

Sacramento Bee: The state of California's proposal to build two massive water diversion tunnels beneath the Sacramento-San Joaquin Delta is a major undertaking by itself. But the current plans also call for rerouting and reconfiguring three state highways to handle a decade of heavy construction traffic. Conceptual engineering documents obtained by The Bee illustrate detours on Highway 160 in Sacramento County around each of three huge water intakes proposed for the project, called the Bay Delta Conservation...

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