Results for “DriveTime Sales and Finance Company LLC”

potentially higher power prices from both higher European coal and carbon

with China’s GDP growth reaccelerating and 70%

thereby supporting South African and European coal

and provide other monetary policy support

and a rise in the carbon credit price from €5 to €10/tonne would produce 25‐50% earnings

as in Hong Kong and Thailand; the other is a victim of government

as in Korea and China. The two worlds can coexist in the same country

which is a large employer and which faces the consumer directly

reactor manufacturers such as Mitsubishi Heavy) and

with new petrochemical plants being proposed in the Gulf and traditional coal users such as

and utility capex (ex‐US) is rebounding after a recession‐driven

National Grid (UK) and Elia (Belgium/Germany) are prime beneficiaries of this transmission

the current period of global utility underperformance is the deepest (‐67%) and

to add high‐beta stocks and shed low‐growth utilities. This was exacerbated by:

it is not unusual to find long and/or sharp periods of utility underperformance (as