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Benzinga's Top Pre-Market Losers
Wednesday, August 31, 2011 - 7:02am | 120DryShips Inc (NASDAQ: DRYS) fell 10.09% to $6.50 in the pre-market trading. DRYS reported downbeat quarterly profit. Jos. A. Bank Clothiers Inc (NASDAQ: JOSB) dipped 3.74% to $45.50 in the pre-market session. JOSB reported a 25% rise in its fiscal second-quarter net income. BlackRock Inc (NYSE:...
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Citigroup Resumes Coverage On Navios Maritime, Lowers PT To $5
Wednesday, August 31, 2011 - 5:27am | 30Citigroup has resumed coverage on Navios Maritime Holdings (NYSE: NM) with a Buy rating and has lowered the price target from $6.50 to $5.
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US Stock Futures Up Ahead Of Economic Data
Wednesday, August 31, 2011 - 5:11am | 479US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 98 points to 11,590.00 and S&P 500 index futures rose 12.30 points to 1,217.10. Nasdaq 100 futures gained 21.25 points to 2,248.25. US stocks closed higher on...
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Stocks To Watch For August 31
Wednesday, August 31, 2011 - 3:29am | 286Some of the stocks that may grab investor focus today are: Wall Street expects Jos. A. Bank Clothiers Inc (NASDAQ: JOSB) to report its Q2 EPS at $0.68 on revenue of $209.72 million. JOSB shares gained 2.78% to close at $47.27 yesterday. DryShips Inc (NASDAQ: DRYS) reported downbeat quarterly...
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Monday's NASDAQ Top Gainers
Tuesday, August 30, 2011 - 3:55pm | 405Vodka Maker, Central European Distribution Corp (NASDAQ: CEDC) Moves 49% POINT ROBERTS, Aug. 30, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on the top percentage gainers on the NASDAQ for Aug. 29, 2011. Vodka and tobacco were associated with...
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Notable Call Options Activity in Diana Shipping
Tuesday, August 30, 2011 - 10:41am | 111Shares of Diana Shipping (NYSE: DSX) are higher on the session by 2.51%, currently trading at $8.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the...
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Market Update
Tuesday, August 30, 2011 - 8:33am | 144Shares of Ninetowns Internet Technology Group Limited (NASDAQ: NINE) gained about 0.7% after the company's Board of Directors authorized a share repurchase program, effective immediately. Shares of DryShips Inc (NASDAQ: DRYS) fell about 1% as the company is all set to report its quarterly earnings...
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Earnings Scheduled For August 30
Tuesday, August 30, 2011 - 2:47am | 289Barnes & Noble Inc (NYSE: BKS) is expected to report a FQ1 loss at $0.94 per share. Dollar General Corporation (NYSE: DG) is estimated to report its Q2 EPS at $0.48 on sales of $3.54 billion. The Bank Of Nova Scotia (NYSE: BNS) is projected to report its Q3 EPS at $1.13 on revenue of $4.33...
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Morning Gainers; Dresser-Rand Group up 11%
Monday, August 29, 2011 - 9:14am | 140Dresser-Rand Group Inc. (NYSE: DRC) +11.65% - hearing that the company was upgraded to Add by a mid-tier analyst firm. LyondellBasell Industries (Public, NYSE: LYB) +6.00% on heavy volume. DryShips Inc. (Public, NASDAQ: DRYS) +6.23% after announcing an exchange offer of shares of Ocean Rig....
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A Peek Into The Market Before The Trading Starts
Monday, August 29, 2011 - 6:26am | 446Pre-open movers US stock futures are higher this morning, as investors are awaiting July personal-income and consumer-spending data and June pending home sales. Futures for the Dow Jones Industrial Average surged 91 points to 11,370.00 and S&P 500 index futures rose 13.10 points to 1,187.60....
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DryShips Announces Exchange Offer of Common Shares by Ocean Rig UDW
Monday, August 29, 2011 - 5:36am | 125DryShips Inc. (NASDAQ: DRYS) today announced the commencement of an offer by its majority-owned subsidiary, Ocean Rig UDW, to exchange up to 28,571,428 new shares of Ocean Rig common stock that have been registered under the U.S. Securities Act of 1933, as amended for an equivalent number of common...
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Horizon Lines Enters Into Modified and Committed Agreement with Convertible Note Holders for Complete Refinancing
Friday, August 26, 2011 - 5:32pm | 279Horizon Lines (NYSE: HRZ) today announced that it has entered into a definitive agreement and secured commitments from holders of more than 99% of its 4.25% convertible senior notes due in 2012 to move forward with a modified transaction that will refinance the company's entire capital structure....
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UPDATE: DryShips and OceanFreight Announce That DryShips Acquires Majority of OceanFreight Shares
Wednesday, August 24, 2011 - 3:52pm | 260DryShips (NASDAQ: DRYS) and OceanFreight (NASDAQ: OCNF) announced today that DryShips has acquired 3,000,856 shares of OceanFreight. The shares were acquired from entities controlled by Mr. Anthony Kandylidis, the CEO of OceanFreight, under a purchase agreement entered into on July 26, 2011....
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Navios Maritime Holdings Inc. Announces Exchange Offer for Its $350.0 Million 8 1/8% Senior Notes Due 2019
Wednesday, August 24, 2011 - 3:00pm | 99Navios Maritime Holdings (NYSE: NM) announced today that the Company and Navios Maritime Finance II Inc., its wholly owned finance subsidiary, commenced its offer to exchange up to U.S. $350.0 million of its outstanding 8 1/8% senior notes due 2019 (the "Outstanding Notes") for a like principal...
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Danaos Corporation Adds One More 8,530 TEU Containership to Its Fleet
Tuesday, August 23, 2011 - 8:13am | 100Danaos Corporation (NYSE: DAC) announced that on August 22, 2011, it took delivery of one more newly built containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai Jiangnan Changxing Heavy...