Genco Shipping & Trading Ltd specializes in maritime transport of drybulk cargoes globally. With a fleet that carries items like iron ore, grains, coal, and steel, the company serves a diverse clientele including commodity traders, producers, and government entities. Founded in 2004 and based in New York, Genco is a key player in the ocean shipping industry, facilitating major bulk shipments across the world.
Monday's top analyst upgrades and downgrades included Amgen, CarMax, Centene, CrowdStrike, Intuit, Micron Technology, Microsoft, Nike, NOV, Roblox, Unity Software and Wells Fargo.
These six top stocks are solid ideas during these volatile times. They include hard-asset plays, real estate investment trusts (REITs), shipping stocks and business development companies with double-digit yields and enticing entry…
These seven stocks with huge dividends are Buy rated across Wall Street and most of them have the best entry points since last year. These BDCs, REITs and others offer outstanding total…
Maritime shipping companies pay some of the highest dividends of any industry when times are good. And times are better than good now. How long can investors expect to enjoy these big…
See why four top shipping stocks that have acted extremely well in the face of some turbulent trading, and that in some cases pay double-digit dividends, may be among the best bets…
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…
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…
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 while unit…
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…
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…
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…
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…
Paul Ausick 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…
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…
