Frontline Ltd. (USA) (NYSE:FRO)

Top Analyst Upgrades and Downgrades: BlackRock, Chevron, Disney, Intel, Kinder Morgan, Zillow and More

Posted: June 18, 2018 at 8:40 am

The futures traded lower again Monday morning as we look to see some follow-through selling in the wake of the announcement on the tariffs starting on some overseas products in ...
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Oil platform on sea

How Seadrill Beat Profit Estimates

Posted: August 25, 2016 at 7:55 am

Offshore drilling company Seadrill Ltd. (NYSE: SDRL) posted second-quarter 2016 results before markets opened on Wednesday morning. The company reported diluted earnings per share (EPS) of $0.52 on revenues of $868 ...
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Bull and Bear

Top Analyst Upgrades and Downgrades: AmEx, Carnival, eBay, HP, IAMGOLD, Pfizer, Tech Data and Many More

Posted: November 25, 2015 at 8:42 am

Stocks were indicated surprisingly higher after international markets recovered more than might have been expected. The trend that has been static for 4 years now is that investors want to ...
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oil rig and tanker

SeaDrill Suspends Dividend After Weak Earnings Report

Posted: November 26, 2014 at 8:39 am

Offshore drilling company SeaDrill Ltd. (NYSE: SDRL) posted third-quarter 2014 results before markets opened on Wednesday morning. The company posted diluted earnings per share (EPS) of $0.31 on revenues of ...
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down market

The 52-Week Low Club for Friday

Posted: August 29, 2014 at 4:06 pm

August 29, 2014: Among the 24 stocks making new 52-week lows today were the following four firms: Bob Evans Farms Inc. (NASDAQ: BOBE) dropped about 2.2% on Friday as downgrades ...
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Oil Tanker

Frontline Tankers May Restructure

Posted: August 28, 2014 at 7:40 am

This has not been a good week for Norwegian shipping magnate John Fredriksen. On Wednesday Seadrill Ltd. (NYSE: SDRL), the Fredriksen-controlled offshore drilling firm, posted a solid beat on earnings, ...
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Offshore drill rig

Seadrill Sinking on Weak Outlook

Posted: August 27, 2014 at 8:35 am

Offshore drilling company Seadrill Ltd. (NYSE: SDRL) posted second-quarter 2014 results before markets opened on Wednesday. The company posted diluted earnings per share (EPS) of $1.24 on revenues of $1.22 ...
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Oil Tanker

Tanker Rates Falling, Profits Disappear (NAT, TK, FRO, TNK, TNP)

Posted: February 11, 2013 at 11:05 am

When Nordic American Tankers Ltd. (NYSE: NAT) reported results this morning, the company started out by saying that it had “improved its relative position within the industry despite a weak ...
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Mining

Dry Bulk Shippers Pin Hopes on Iron Ore, China

Posted: January 4, 2013 at 12:01 pm

Shares 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 ...
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Seadrill to Spin-off Drilling Company (SDRL, CVX, TOT, BP, XOM, GLNG, GMLP, FRO)

Posted: September 21, 2012 at 12:40 pm

Offshore drilling services firm Seadrill Ltd (NYSE: SDRL) is spinning off its offshore rig business to a new company to be called Seadrill Partners LLC. If a filing with the ...
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Shipper Prices Share Offering; Watch Shares Sink (EGLE, DRYS, EXM, GNK, DSX, FRO, NM, RBS, SAN)

Posted: June 26, 2012 at 8:31 am

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 ...
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Crude Tanker Rates to Rise on OPEC Decision (FRO, SFL, NAT, OSG, TNK, TNP)

Posted: June 20, 2012 at 12:42 pm

Last week’s decision by OPEC to continue to produce crude oil at the cartel’s official quota level of 30 million barrels/day had the knock-on effect of emboldening tanker operators to ...
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24/7 Wall St. Closing Bell — May 25, 2012 (EBAY, LULU, SI, CRM, FSLR, CRMT, MENT, POST, FRO, AMSC, DRYS, KUTV, SAFM, SHIP, GAME, TLB, PAY, FB)

Posted: May 25, 2012 at 2:04 pm

Today’s edition of the Closing Bell is being published shortly after 2:00 p.m. US markets are closed Monday to observe the Memorial Day holiday. We’ll resume our normal schedule next ...
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24/7 Wall St. Closing Bell — May 24, 2012 (HPQ, ARMH, DUK, NOV, MET, FRED, HNZ, TIF, COST, TD, CRMT, MENT, POST, FRO, JDAS, NTAP, ROSG, P)

Posted: May 24, 2012 at 4:05 pm

The three major US stock indexes opened lower this morning following a weak report on Chinese and German PMI readings (our coverage here and here). New US jobless benefits claims ...
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Top Analyst Upgrades & Downgrades (ACN, MDRX, BLK, FMCN, FRO, HD, NRGY, JAH, KMI, LNKD, L, MU, OPEN, ORCL, RGLD, USB)

Posted: March 21, 2012 at 8:20 am

These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning. Accenture plc (NYSE: ACN) Raised to Hold at Soc-Gen. Allscripts Healthcare Solutions (NASDAQ: ...
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