Marine

Shares of Eagle Bulk Shipping (NASDAQ: EGLE) are soaring higher this afternoon via a massive breakout. Currently, shares are higher by 10.89%, at $2.75. The stock ripped through the intra-day high (resistance level), $2.68, just moments ago. Shares of Eagle Bulk Shipping have been unloved for...

Jefferies & Company has changed the price target on the following companies: Hansen Natural Corp. (NASDAQ: HANS) Buy, PT from $85.00 to $90.00 Mattel, Inc. (NASDAQ: MAT) Buy, PT from $31.00 to $33.00 Nalco Holding (NYSE: NLC) Hold, PT from $30.00 to $38.80 Northern Trust (NASDAQ: NTRS) Hold...

Jefferies & Company has changed the price target on the following companies: Baltic Trading (NYSE: BALT) Buy, PT from $10.00 to $8.00 Diana Shipping (NYSE: DSX) Buy, PT from $14.00 to $13.00 DryShips Inc. (NASDAQ: DRYS) Hold, PT from $5.00 to $4.00 Excel Maritime Carriers (NYSE: EXM)...

Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has taken delivery of the Genco Mare, a 35,000 dwt Handysize newbuilding. The Genco Mare is the fourth of five vessels to be delivered to the Company under Genco's agreement previously announced on June 9, 2010 to acquire five...

Star Bulk Carriers Corp. (NASDAQ: SBLK) today announced that it has successfully priced its underwritten public equity offering of 16,700,000common shares at $1.80 per share. As part of the offering, the Company has granted the underwriters a 30-day option to purchase an additional 2,505,000...

Neostem Inc (AMEX: NBS) dipped 23.48% to $1.01 at 9:55 am. NBS priced an underwritten public offering of 13,750,000 units at $1.20 per unit. Star Bulk Carriers Corp (NASDAQ: SBLK) fell 17.91% to $1.65. SBLK intends to offer and sell 16,500,000 common shares in an underwritten public offering....

Diana Shipping Inc. (NYSE: DSX) today announced that it has entered into a time charter contract with Cargill International S.A., Geneva, for one of its Panamax dry bulk carriers, the m/v Protefs, at a gross rate of US$11,750 per day, minus a 4.75% commission paid to third parties for a minimum...

Star Bulk Carriers Corp (NASDAQ: SBLK) today announced that it intends to offer and sell 16,500,000 common shares in an underwritten public offering. All of the shares in the offering are to be sold by Star Bulk. As part of the offering, the Company has granted the underwriters a 30-day option to...

Paragon Shipping Inc. (NYSE: PRGN) announced today that it has entered into fixed rate time charter agreements for two of its 37,200 dwt, Handysize newbuildings with Cargill International S.A. Both vessels have been fixed for a period of two years at a gross daily rate of $12,125 commencing upon...

Navios Maritime Acquisition Corporation (NYSE: NNA) announced that the Buddy, a 2009-built MR2 product tanker vessel of 50,470 dwt, was delivered today to Navios Acquisition's owned fleet. The vessel is employed under long-term charter-out contract with a remaining term of three years. The rates...

POINT ROBERTS - July 15, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 14, 2011. Omega Navigation Enterprises, Inc topped the gainer list, rising about 46% on Thursday. Omega Navigation...

POINT ROBERTS - July 14, 2011 - www.InvestorIdeas.com, a global investor research portal for independent investors, reports on top percentage gainers on the NASDAQ for July 13, 2011, with Omega Navigation Enterprises, Inc topping the gainer list, rising about 73.53% on Wednesday. Omega Navigation...

Kirby Corporation (NYSE: KEX) is up over 3% pre-market after being mentioned positively by Jim Cramer last night. The stock has been trading close to its 52-week high. Kirby Corporation is currently trading at 59.65 in pre-market, a gain of 3.02%

Excel Maritime Carriers Ltd (NYSE: EXM) announced today the cancellation of four shipbuilding contracts for the construction of four bulk carrier vessels of 180,000 dwt each. The Company entered into the aforementioned contracts in December 2006 with Korea Shipyard Co. Ltd.

Navios Maritime Acquisition Corporation (NYSE: NNA) announced that the Bull, a 2009-built MR2 product tanker vessel of 50,542 dwt, was delivered today to Navios Acquisition's owned fleet. The vessel is employed under long-term charter-out contract with a remaining term of three years. The rates...