Boeing Names Spacecraft,Builds Access Tower

Boeing is building a commercial spaceflight crew access tower at Cape Canaveral Air Force Station,Florida.It is for Boeing's new Crew Space Transportation-100 Starliner spacecraft.The tower will be a 7-tiered,permanent metal latticework structure at Space Launch Complex 41.More than 200 feet tall,the tower will take astronauts to the top of a United Launch Alliance Atlas V rocket and level with the Starliner capsule.
In the end,we are going to have a very safe,very cost effective and very cost efficient way of getting astronauts back and forth to low earth orbit,according to former astronaut Chris Ferguson,director of Boeing Crew and Mission Operations.*
Boeing is under contract to transport NASA astronauts to and from the International Space Station in the recently-named Starliner spacecraft.Similarly,SpaceX is under contract to complete the same task with its Dragon spacecraft.The companies are scheduled to begin the ISS astronaut ferry service in 2017.*
Boeing (BA).

What Firms Look Good This Year-and why they do

A number of firms are looking good to Pat Dorsey,Director of Research and Strategy at Sanibel Captiva Trust Company.For example,Kinder Morgan,Inc.'s oil and gas pipelines are not linked to commodity prices.They have a tollgate quality;people keep using them regardless.
Financial exchange CME Group generates 60% operating margins.It is phenomenally profitable at 12x earnings.
Pharmacy benefits manager Express Scripts is given more of an advantage by the growth of mail order prescriptions.It is also making more money off of generic drugs than patented ones.
National Oil Well Varco is the leading provider of oil drilling equipment.It is benefiting from the increased mechanization of natural gas extraction.
Oracle data bases are never removed by clients.That would be prohibitively expensive.Oracle has a tremendous free cash yield of 11%,and their core data base business is growing at a rate of 5-6% a year.
Sanibel Captiva serves a full range of investors,from individuals and businesses to families and institutions.Its wealth management practice is based on the most rigorous research for the purpose of ensuring the highest possible level of stable returns.The trust company is located in Sanibel,Florida.
Oracle(ORCL),National Oil Well Varco(NOV),Express Scripts(ESRX),Kinder Morgan,Inc.(KMI),CME Group(CME)

Richard LeFrak:Man of Many Insights

Prominent investor Richard LeFrak,head of The LeFrak Organization,who is ranked number 212 on the Forbes list of billionaires,is a man of many business insights.For instance,he notes that the Chinese are going from a rural to an urban setting,and that's a tremendous change in the population.We wish the people well.The Chinese government has its own agenda,in Mr.Lefrak's view:to stay in power.
Mr.LeFrak says it's a good time to own a bank with a clean balance sheet.They've been investing money in certain banks,such as Bank United in Florida and Metro Bank in London.The London bank is friendly,open seven days a week.They will open 12 branches in the next two years.It's meant to be a nice place to hang out.
The Lefrak Organization has a property in Panama City,Florida.They're struggling because,what with the oil spill,no one wants to commit to travel.It's having a serious effect on the market now.They went from 80% pre-book to 30% pre-book for Memorial Day.This is the high season for that part of the world.
Mr.Lefrak has an easy,unaffected manner on his business television appearances.His family business,The Lefrak Organization,founded in 1901,builds and owns a vast amount of real estate in the New York,Los Angeles and London metro areas.It focuses on residential and office property,but its affiliates also own substantial hotel and retail assets.LFO has an investment management division as well,combining traditional merchant banking with value-based equity and fixed income investing strategies.Since 1971,LFO has been a major investor in oil and gas holdings.