Posts for Ticker ‘DSX’

Dry Bulk Shipping Stocks Rally

Tickerspy’s Dry Bulk Shipping Stock Index (*DBULK) rose 5.1% today, beating the S&P 500 by 1.3.%.  Dry shipping stocks were given a boost by upgrades today.  Deutsche Bank upgraded Genco (NYSE: GNK), Euroseas Ltd (NASDAQ: ESEA), and Eagle Bulk Shipping (NASDAQ: EGLE) today.  All three made major moves today.

Over half of the dry shipping stocks in the Tickerspy index has risen over 100% off of their 52-week lows.  The industry was placed in serious jeopardy as global trade entered a state of decline during the credit crunch.  Shipping rates fell dramatically as recently as this summer, but have been on the rise in recent months.

Garrett W. McIntyre

Top Analyst Upgrades & Downgrades (EXPE, F, JNJ, CTXS, DSX, EGLE, GM, JCI, HOT, URBN)

These are the top upgrades and downgrades from Wall Street analysts this Friday morning:

Expedia (EXPE) Raised to Buy at Citigroup.
Ford (F) Started as Buy at UBS.
Johnson & Johnson (JNJ) Raised to Buy at UBS.
Citrix Systems (CTXS) Cut to Market Weight at Thomas Weisel.
Diana Shipping (DSX) Cut To Market Perform at Wachovia.
Eagle Bulk Shipping (EGLE) Cut To Market Perform at Wachovia.
General Motors (GM) Started as Sell at UBS.
Johnson Controls (JCI) Started as Buy at UBS.
Starwood Hotels (HOT) Cut to Underperform at FBR.
Urban Outfitters (URBN) Cut to Neutral at Cowen & Co.

JON C. OGG

March 20, 2009

Early Bird Analyst Upgrades & Downgrades (CPHD, SCHW, DSX, GYMB, WIN, AMED, EGLE, NMM, SOL, PAY)

Money_stack_picThese are some of the top early bird analyst upgrades and downgrades we are seeing this Thursday morning:

  • Cepheid (CPHD) Started as Buy at Needham.
  • Charles Schwab (SCHW) Raised to Market Perform at FBR.
  • Diana Shipping (DSX) Raised to Overweight at JPMorgan.
  • Gymboree (GYMB) Raised to Overweight at JPMorgan.
  • Windstream (WIN) Raised to Overweight at JPMorgan.
  • AMEDISYS (AMED) Cut to Hold at Deutsche Bank.
  • Eagle Bulk Shipping (EGLE) Cut to Underweight at JPMorgan.
  • Navios Maritime Partners (NMM) Cut to Neutral at JPMorgan.
  • ReneSola Ltd. (SOL) Cut to Neutral at Credit Suisse.
  • Verifone (PAY) Cut to Underweight from overweight at JPMorgan.

Jon C. Ogg
November 20, 2008

Top Pre-Market Analyst Downgrades (ASH, BWA, DSX, EGLE, MGM, PAAS, SONO)

Down_arrow_redThese are some of the top analyst downgrades we are seeing from Wall Street this Thursday morning with about two hours to the open:

  • Ashland (ASH) Cut to Neutral at JPMorgan.
  • Borg Warner (BWA) Cut to Neutral at Baird.
  • Diana Shipping (DSX) Cut to Market Perform at Wachovia.
  • Eagle Bulk Shipping (EGLE) Cut to Market Perform at Wachovia.
  • MGM Mirage (MGM) Cut to Hold at KeyBanc.
  • Pan American Silver (PAAS) Cut to Neutral at JPMorgan.
  • SonoSite (SONO) Cut to Sell at Goldman Sachs.

Jon C. Ogg
October 30, 2008

Top Pre-Market Analyst Upgrades (AMGN, CPLP, DRIV, DSX, DNA, GNK, MAKO)

These are some of the top upgrades we are seeing from Wall Street analysts this morning:

  • Amgen (AMGN) Raised to Outperform at William Blair.
  • Capital Product Partners (CPLP) Started as Outperform at Oppenheimer.
  • Digital River (DRIV) Raised to Neutral at Goldman Sachs.
  • Diana Shipping (DSX) Started as Outperform at Oppenheimer.
  • Genentech (DNA) Raised to Outperform at William Blair.
  • Genco Ship & Trading (GNK) Started as Outperform at Oppenheimer.
  • Mako Surgical (MAKO) Started as Buy at Piper Jaffray.

Jon C. Ogg
October 2, 2008

Top Pre-Market Stock News (January 7, 2008)

Below is a snapshot of some of the key impact news affecting stocks in pre-market trading this Monday, January 7, 2008:

  • AllianceBernstein (AB) noted as a hidden gem in Barron’s cover story.
  • Answers Corp. (ANSW) announced a collaboration with Nokia for Series 40 and S60 mobile devices.
  • Avocet (AVCT) lowered guidance
  • Biogen-Idec (BIIB) and Elan (ELN) say that the safety data continues to support a favorable benefit-risk profile for TYSABRI.
  • Celgene Corp. (CELG) trading up 5% after guidance is in-line for 2007 and issued new guidance for 2008.
  • CNET (CNET) had a Jana Partners-led investor group take a 21% stake and try to oust the board of directors.
  • Diana Shipping (DSX) trading up almost 2% on positive Barron’s article over weekend.
  • 8X8 Inc. (EGHT) introduced a free international mobile calling plan with its new Packet8 MobileTalk trial.
  • hhgregg (HGG) reaffirmed 2008 EPS guidance of $0.95 to $1.03 vs. $1.00 est.; s-s-s up 3%.
  • JA Solar (JASO) announced a 3 for 1 stock split.
  • Jefferies (JEF) issued earnings warning.
  • Krispy Kreme (KKD) announced it has elected a new CEO.
  • Microsoft (MSFT) said at "CES" it had 100 million licenses sold of Windows Vista; 17.7 million Xbox 360’s, 10 million Xbox live users; will have new content downloads.
  • Napster (NAPS) will sell music with less copyright protection as MP3 files.
  • Nice Systems (NICE) received multi-million dollar orders from 2 of the top-3 US banks for fraud alert.
  • Rogers Communications (RCI) raised annual dividend from $0.50 to $1.00 and put 2008 revenues $11.2 to $11.5 Billion versus $11.25 Billion estimates; announced share buyback.
  • Schnitzer Steel (SCHN) missed earnings and revenue targets; stock trading down 1% so far.
  • Sony (SNE) introduces new tri-recording video Camcorder at "CES".
  • TASER (TASR) unveils its new leopard print TASER C2 personal protection device at the 2008 International Consumer Electronic tradeshow in Las Vegas today.
  • Zumiez (ZUMZ) said December s-s-s was +3.9%, but guided lower; shares down over 1%.

Jon C. Ogg
January 7, 2007