ESCO receives order for 88,000 meter readers – Radio Frequency (RF) utility meters are coming to your neighborhood soon. Yes, everything is going to get networked, even your gas, electric, and water meters. ESCO Technologies (ESE) just sold a bunch to PG&E Corporation (PCG) and if you don’t live in California, expect your utility to follow suit.
Perdigao Reports Increase in Net Income of 174% in 2007 – Food prices keep rising – an issue I’ve mentioned here before. Brazilian pork and poultry producer Perdigao S.A. (PDA) has been a big …

 
Macro

Economic Indicators site to be shut down by U.S. Department of Commerce: Say goodbye to a very useful online resource due to “budgetary constraints” – lame excuse. The cost of administering a good website has diminished drastically. Enlightened government bureaucrats will still collect the data, but they don’t want to share it with private citizens.

William Ackman’s statement before Congress – The State of the Bond Insurance Industry: Interesting reading courtesy of fund manager who presciently shorted the real estate industry before the sub-prime meltdown became the crisis du jour.

Detroit home …