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International Shipholding Awarded Military Sealift Command Time Charter
Tuesday, August 23, 2011 - 7:36am | 92International Shipholding Corporation (NYSE: ISH) announced today that Waterman Steamship Corporation, has been awarded a time charter contract with Military Sealift Command. The contract is for a firm one year period after which the Military Sealift Command will have three one-year options and one...
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US Stock Futures Signal Higher Start On Wall Street
Monday, August 22, 2011 - 5:20am | 300US stock futures are higher this morning. Futures on the Dow Jones Industrial Average surged 73 points to 10,893.00 and futures on the S&P 500 stock index rose 9.30 points to 1,132.80. Nasdaq 100 futures gained 22.00 points to 2,063.00. US stocks closed lower on Friday, with the Dow Jones...
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Notable Put Options Activity in Diana Shipping
Friday, August 19, 2011 - 10:55am | 104Shares of Diana Shipping (NYSE: DSX) are lower on the session by 0.37%, currently trading at $8.13. 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 puts today. A short while ago the...
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Star Bulk Takes Delivery of Capesize Vessel
Thursday, August 18, 2011 - 8:03am | 51Star Bulk Carriers Corp. (NASDAQ: SBLK), today announced that it has taken delivery of the Star Mega, a 1994-built, 170,631 dwt Capesize vessel. The vessel is time-chartered to a multinational mining company for a remaining period of 3 years at a gross daily rate of $24,500.
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Afternoon Gainers; Exterran Holdings up on Heavy Volume
Wednesday, August 17, 2011 - 2:44pm | 85Exterran Holdings (NYSE: EXH) +6.18 on heavier than average volume. Diana Shipping (NYSE: DSX) +7.96% on heavier than average volume. Valeant Pharmaceuticals (NYSE: VRX) +5.79 on average daily volume Popular (NASDAQ: BPOP) +5.07% on lower than average daily volume. Pandora Media (NYSE: P) 5.15...
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Notable Call Options Activity in Eagle Bulk Shipping
Wednesday, August 17, 2011 - 10:49am | 97Shares of Eagle Bulk Shipping (NASDAQ: EGLE) are higher on the session by 2.60%, currently trading at $1.857. The stock has been moving largely lower over the past three months and is currently trading below the 50-day average. Options traders are focusing on calls today. A short while ago the...
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Options Brief: Diana Shipping
Tuesday, August 16, 2011 - 10:01am | 90Shares of Diana Shipping (NYSE: DSX) are higher on the session by 0.37%, trading at $8.24. Overall put volume is now running at 10.96x the daily average, with 0% of all puts traded being purchases on the offer. 1,414 contracts have traded on the session so far. Diana Shipping Inc. is a holding...
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Pre-Market Losers; DryShips Losing Yesterday's Gains
Tuesday, August 16, 2011 - 6:48am | 60Sodastream International (NASDAQ: SODA) -8.10% - Jim Cramer mentioned the company cautiously in yesterday's Mad Money. Urban Outfitters (NADAQ: URBN) -8.49% despite reporting better than expected earnings yesterday after the close. DryShips (NASDAQ: DRYS) -7.64% after the company gained over 15...
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Calls Purchased on Eagle Bulk Shipping
Monday, August 15, 2011 - 10:44am | 121Shares of Eagle Bulk Shipping (NASDAQ: EGLE) are higher on the session by 0.54%, currently trading at $1.87. 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 buying calls on the name today. A short...
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Morning Gainers After One Hour of Trading
Monday, August 15, 2011 - 9:26am | 190Impax Laboratories (NASDAQ: IPXl) +10.54% after announcing positive topline results of ASCEND-PD phase III study of IPX066 in advanced Parkinson's disease. Cathay General Bancorp (NASDAQ: CATY) +11.21% - hearing that the company was upgraded to Outperform at RBC Capital Markets. Green Dot...
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Diana Shipping Inc. Announces Time Charter Contract for M/V Boston
Friday, August 12, 2011 - 8:20am | 137Diana Shipping Inc. (NYSE: DSX) today announced that it has entered into a time charter contract with Morgan Stanley Capital Group Inc., for one of its Capesize dry bulk carriers, the m/v Boston, at a gross rate of US$14,000 per day, minus a 5% commission paid to third parties for a minimum twenty-...
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Clarkson Capital Lowers PT To $1.25 On SBLK
Thursday, August 11, 2011 - 6:30am | 82Clarkson Capital, citing a 2Q loss from the company, has lowered its price target from $1.75 to $1.25 on Star Bulk Carriers (NASDAQ: SBLK), but is maintaining its Market Perform rating on the stock. In the report, Clarkson writes, “SBLK's adjusted 2Q loss per share was lower than our $0.07 loss...
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Seaspan Accepts Delivery of Third 13100 TEU Containership
Thursday, August 11, 2011 - 5:36am | 95Seaspan Corporation (NYSE: SSW) announced today that it accepted delivery of a 13100 TEU containership, the COSCO Development, on August 10, 2011. The new containership, which was constructed by Hyundai Heavy Industries Co., Ltd., is Seaspan's ninth delivery in 2011 and expands the Company's...
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Rodman & Renshaw Reiterates Market Outperform and PT of $2.20 on Star Bulk Carriers
Thursday, August 11, 2011 - 1:53am | 50Rodman & Renshaw reiterated its Market Outperform rating on Star Bulk Carriers (NASDAQ: SBLK). At the same time, the rating agency left its price target on the company's stock unchanged at $2.20. On Wednesday, SBLK added 1.44% to its value to finish the day at $1.41.
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Options Brief: Kirby
Wednesday, August 10, 2011 - 9:15am | 78Shares of Kirby (NYSE: KEX) are lower on the session by 1.83%, trading at $50.95. Overall put volume is now running at 10.79x the daily average, with 0% of all puts traded being purchases on the offer. 1,500 contracts have traded on the session so far. Kirby Corporation is a marine...