EXM
Source: 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 rise...
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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 $2.84. Shares closed at...
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Source: Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Friday.Aetna Inc. (NYSE: AET) Cut to Neutral at Goldman Sachs.Altria...
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Source: Jon OggEach weekend we review the many analyst calls we track during the week. Some turn out to be very insightful and some turn out to be not so great. For better or worse, these become...
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Source: Jon OggThese are some of this Thursday’s top analyst upgrades, downgrades, and initiations seen in Wall Street research calls.Brocade Communications Systems Inc. (NASDAQ: BRCD) Reiterated...
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Railroads and trucking companies have, for the most part, seen share prices rise over the past 12 months, while ocean-going shippers have taken a severe beating. Of four railroads, CSX Corp. (NYSE:...
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Transportation stocks get a lot more attention as economic bellwethers than they do as market participants. Railroads, ships, and trucks are not particularly glamorous, and the industries are so...
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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 through October....
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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 making an...
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These are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street research calls this Wednesday morning.Analog Devices Inc. (NYSE: ADI) Reiterated Buy and Raised target to...
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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...
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Fitch Ratings joined in with a downgrade of Greece’s credit rating following a similar action yesterday by Standard & Poor’s. The downgrade this morning was to “BBB+” from...
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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...
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Excel Maritime (EXM) Bad period for shipping business. Falls to $3.25 from 52-week high of $60.99.Xenoport (XNPT) New drug fails in study. Drops to $17.90 from 52-week high of $66.34.Sierra...
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