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Stock Market & Financial Investment News

News Breaks
March 13, 2013
15:37 EDTALEX, DAC, GSL, SSW, ESEAWilbur Ross seeks $500M for distressed transportation fund, Bloomberg says
Wilbur Ross Jr. is looking to raise $500 million for a new private-equity fund that will invest in distressed shipping and other transportation assets, says Reuters, according to three people familiar with the situation. Reference Link
News For ALEX;DAC;GSL;SSW;ESEA From The Last 14 Days
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July 21, 2014
10:02 EDTSSWOn The Fly: Analyst Upgrade Summary
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05:46 EDTSSWSeaspan upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Seaspan to Outperform citing a compelling risk/reward profile given the 6% dividend yield. The firm raised its price target for shares to $26-$28 from $19-$20.
July 18, 2014
16:36 EDTGSLGlobal Ship Lease files to sell 10.74M shares of common stock for holders
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16:36 EDTGSLGlobal Ship Lease files $500M mixed securities shelf
July 16, 2014
09:02 EDTSSWSeaspan accepts delivery of fourth 10000 TEU SAVER containership
Seaspan announced that it accepted delivery of a 10000 TEU containership, the MOL Bravo. The new containership, which was constructed at Jiangsu Yangzi Xinfu Shipbuilding using Seaspan's fuel-efficient SAVER design, is Seaspan's fourth of five 10000 TEU SAVER design containerships scheduled for delivery in 2014. The MOL Bravo will commence an eight-year, fixed-rate time charter with Mitsui O.S.K. Lines. The ship is the first of a total of five 10000 TEU SAVER design vessels, and the seventh of a total of eleven vessels, to be chartered by Seaspan to MOL. The delivery of the MOL Bravo expands the company's operating fleet to 75 vessels.
July 9, 2014
10:02 EDTALEXOn The Fly: Analyst Initiation Summary
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08:58 EDTALEXAlexander & Baldwin management to meet with Oppenheimer
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06:57 EDTALEXAlexander & Baldwin initiated with a Buy at Compass Point
Target $58.

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