Altman Z-score
From Wikipedia, the free encyclopedia.
The Z-score formula for predicting bankruptcy was published in 1968 by Edward I. Altman, who was, at the time, an Assistant Professor of Finance at New York University. The formula may be used to predict the probability that a firm will go into bankruptcy within two years. Z-scores are used to predict corporate defaults and an easy-to-calculate control measure for the financial distress status of companies in academic studies. The Z-score uses multiple corporate income and balance sheet values to measure the financial health of a company.
The Z-score is a linear combination of four or five common business ratios, weighted by coefficients. The coefficients were estimated by identifying a set of firms which had declared bankruptcy and then collecting a matched sample of firms which had survived, with matching by industry and approximate size (assets).
US shippers struggling with converting truck loads to inter-modal
INDIANAPOLIS — U.S. shippers say they are having a harder time shifting freight from the roads to intermodal rail, but those that have already done so say they are sticking with rail service.
Intermodal rail service has improved, but is “not where it needs to be,” several shippers at the 2015 FTR Transportation Conference told JOC.com. The dramatic drop in diesel fuel prices and some loosening of truck capacity are a drag on domestic intermodal conversions, they said.
Alaska Air Group, Inc. to Beat Market Turmoil
Alaska Air Group, Inc., through its subsidiaries, provides passengers and cargo air transportation services primarily in the United States. The company operates through Alaska Mainline and Alaska Regional segments. It serves approximately 100 cities in Alaska, the Lower 48, Hawaii, Canada, and Mexico. As of December 31, 2014, the company’s fleet consisted of 137 Boeing 737 jet aircraft; and 51 Bombardier Q400 turboprop aircraft. The company was founded in 1932 and is based in Seattle, Washington.
Summary
Very well managed company with high upward potential.
Pilgrim’s Pride and Sanderson Farms, Inc. Undervalued and Overshorten.
Both companies are integrated poultry processing companies, that produces, processes, markets, and distributes fresh, frozen, and prepared chicken products.
Summary
Well managed companies. Extremely shortened without apparent reason.
Major shareholders: PPC – VANGUARD GROUP INC, SAFM – VANGUARD GROUP INC
Money 