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…
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…
Markets opened mixed this morning, with the DJIA showing much more strength than the S&P 500, which opened higher, or the Nasdaq, which opened lower. The S&P Case-Shiller house price index showed…
Markets opened higher this morning after positive news on new unemployment benefits claims and manufacturing (more coverage here). Indexes have risen more or less steadily all day, with the S&P set to…
The three major US equities indexes opened higher this morning following a reported drop in new claims for unemployment benefits. The US producer price index rose pretty much in-line with expectations (more…
The average day rate in 2012 for a capesize ore carrier — the largest in the world’s fleet — is expected to be about $15,000. That’s down from an average of about…
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…
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 year…
Active traders and day traders have many stocks to choose from this Wednesday morning. We are tracking news and moves in shares of Eagle Bulk Shipping (NASDAQ: EGLE), MIPS Technologies (NASDAQ: MIPS), RF Micro Devices…
Douglas A. McIntyre 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),…
These are the top pre-market analyst downgrades we have seen early this Friday morning with more than two and a half hours until the open: Eagle Bulk Shipping, Inc. (EGLE) Cut to…
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)…
These are the top pre-market analyst upgrades and positive research calls from Wall Street we have seen this Wednesday morning with more than two hours until the market opens: Allergan (AGN) Started…
These 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…
These 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…
