Teekay Corp

NYSE: TK
$7.18
-$0.07 (-1.0%)
Closing price April 17, 2024
Teekay Corp is a global leader in marine transportation, specializing in the shipping of crude oil and other essential products. With a fleet of around 54 vessels, they offer a wide range of services including tanker management, ship-to-ship support, and maintenance services. Founded in 1973 and based in Hamilton, Bermuda, Teekay serves a diverse clientele including energy companies, government agencies, and large oil consumers, playing a crucial role in the global supply chain.

Commodity Shipping Continues Declining (DRYS, GNK, DSX, SEA, FRO, TK)
The Baltic Dry Index, which tracks global shipping rates, has fallen for 24 consecutive days, its longest losing streak since August 2005. The BDI closed at 2,406 yesterday, its lowest point since...
Douglas A. McIntyre
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Worldwide Shipping is Stalling
As an indicator of global economic activity, the Baltic Dry Index, which tracks global shipping rates, has been quite reliable at pointing out at least directional trends both in shipping activity...
Douglas A. McIntyre
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Top Analyst Upgrades and Downgrades (AFL, AAPL, AIZ, BBT, BUCY, DWA, HANS, BEE, TK, TXT, USB)
These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Tuesday morning: Aflac Inc. (NYSE: AFL) Raised to Overweight at JPMorgan. Apple Inc....
Jon C. Ogg
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Secondary Offerings Still Coming Strong (MAIN, OEH, EPB, ENMD, TK, NDAQ, NLST, ARIA)
The end of 2009 was marked by many companies selling stock via public secondary offerings.  2010 has not seen the floodgates open wide, but the secondary offerings are coming.  We have offerings...
Douglas A. McIntyre
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One Teekay Raising Cash For The Other Teekay (TNK, TK)
Teekay Tankers Ltd. (NYSE: TNK) now plans to sell 7,000,000 shares of common stock in a public secondary offering.  This is a bit of an unusual offering as the company expects to use the funds to...
Douglas A. McIntyre
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Top 10 Analyst Calls (CMG, FTO, GS, NTAP, OSG, SBUX, SYY, TK, WRI, YUM)
These are the top 10 analyst calls we have seen early this Wednesday morning from Wall Street: Chipotle Mexican Grill (CMG) Raised to Outperform at William Blair. Frontier Oil (FTO) Cut to Hold at...
Douglas A. McIntyre
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The 52-Week Low Club 8/7/2008 (NWS)(ANF)(CIEN)
Geo Group (GEO) Drops full-year outlook. Down to $18.47 from 52-week high of $32.93.Teekay (TK) Market unhappy with quarterly results. Falls to $33.13 from 52-week high of $62.61.Abercrombie & Fitch...
Douglas A. McIntyre
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Teekay LNG Partners Slides on Offering (TGP, TK)
Teekay LNG Partners (NYSE: TGP) priced its follow-on offering of 5million common shares at $28.75 each. The $143 million offering will be used torepay outstanding balances on a revolving credit...
Douglas A. McIntyre
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Top 10 Pre-Market Analyst Calls (MO, AMZN, GS, IP, NCC, NOVL, RMG, SAP, URI, GMR, OSG, TK)
Below are the top analyst upgrades and downgrades we are looking at this Tuesday morning: Altria Group (NYSE: MO) Started as Buy at UBS. Amazon.com (NASDAQ: AMZN) started as Buy at Canaccord Adams....
Douglas A. McIntyre
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Pre-Market Analyst calls (July 18, 2007)
ACI cut to Hold at Citigroup.AKAM started as Outperform at FBR.BAGL started as Outperform at Piper Jaffray.BTU cut to Hold at Citigroup.CPB raised to Outperform at Bernstein.DAC started as Outperform...
Douglas A. McIntyre
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