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…
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 and…
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. (NASDAQ:…
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…
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…
Douglas A. McIntyre 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…
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…
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 facility that…
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…
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 at Credit…
