Futures are trading modestly higher this morning as we prepare to open up the holiday-shortened trading week. While today could be somewhat active, you can bet that many Wall Street traders are...
The Russell U.S. Indexes undergo their annual rebalance after the United States markets close on Friday, June 23. Companies newly added to the indexes will see increased demand for the shares due to...
Source: ThinkstockShipping rates as measured by the Baltic Dry Index are up about a third since the end of August. The index measures shipping rates for dry bulk cargoes such as grain and iron ore...
Source: ThinkstockIt is not unusual to see most research on Wall Street pretty much line up either for or against a company. Analysts typically look at the same metrics in the balance sheet and the...
U.S. equity markets opened higher this morning, buoyed by a smaller-than-expected total of new claims for unemployment benefits in the U.S. (more coverage here). The U.S. trade deficit also fell...
Source: Jon OggInvestors frequently get to see the analyst upgrades and Buy ratings from Wall Street firms. They often do not get to see when analyst downgrade stocks. We review many fresh research...
Source: ThinkstockShares of a host of shipping companies are getting a big boost today on a report from Bloomberg that the 2013 outlook for shipping rates, especially for iron ore, are set to rise...
The three major U.S. stock indexes opened higher this morning, reaching a peak after the first half-hour of trading following an inline report on new jobless claims (more coverage here) and no...
Dry bulk shipper Eagle Bulk Shipping Inc. (NASDAQ: EGLE) filed a Form S-3 with the SEC this morning announcing the sale of up to 3.15 million shares of common stock priced at $2.84. Shares closed at...
The three major US equities indexes opened about flat this morning as US jobless claims came in near expectations at 351,000 new claims (our coverage here). The European Commission’s forecast of a...
One indicator of a profitable holiday season for US retailers is the flow of goods into US ports. The shipping season for holiday goods generally starts in July and August and runs through October....
The price for WTI crude oil fell below $83/barrel momentarily today as the market takes another shellacking, down around 200 points just before noon. Both crude and the wider market are making a...
In October 2007, shares of bulk carrier DryShips Inc. (NASDAQ: DRYS) traded as high as $124/share. The share price today is less than $4/share, but that is not stopping the company from making an...
Ever since the iron ore miners forced customers to accept quarterly price changes, the price for seaborne iron ore has more than doubled. China, the largest consumer of iron ore, resisted for a while...
Danish shipping giant A.P. Moeller-Maersk A/S (OTC: AMKBF) posted profit of $1.22 billion for the first quarter on revenue of about $15.2 billion, both significantly better than the same period a...