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Stock Market & Financial Investment News

News Breaks
March 19, 2014
07:23 EDTSBLK, NNA, GLOB, DRYS, BALT, SB, NMM, GASS, DLNG, SALT, NM, FRO, CPLPDeutsche Bank to hold a summit
2014 Shipping Summit is being held in New York on March 19.
News For BALT;CPLP;DLNG;DRYS;FRO;GASS;GLOB;NM;NMM;NNA;SALT;SB;SBLK From The Last 14 Days
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March 30, 2015
18:51 EDTDRYSOn The Fly: After Hours Movers
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16:05 EDTDRYSDryShips announces agreements to sell tanker fleet
DryShips announced that it has entered into firm sales agreements with entities controlled by the company's Chairman and CEO, George Economou, to sell its four Suezmax tankers, Vilamoura, Lipari, Petalidi and Bordeira, for an en-bloc sales price of $245M. In addition, it has entered into agreements with entities controlled by Economou to potentially sell its six Aframax tankers, Belmar, Calida, Alicante, Mareta, Saga and Daytona. The agreements to sell the Aframax fleet are not effective until the purchaser confirms his unconditional acceptance latest by June 30. Under the terms of the firm sales agreements on the four Suezmax tankers, the purchasers will pay upfront 20% to DryShips and the balance purchase price will be due on delivery which will be between July 1 and October 31 at the company's option. Under the terms of the agreements on the six Aframax tankers, the purchasers could potentially acquire these tankers for an en-bloc sales price of $291M, as long as they confirm their unconditional acceptance by June 30. Other than the sales price, all other material terms and conditions of this potential transaction mirror the terms and conditions on the sale of the four Suezmax tankers, including a 20% upfront payment to DryShips.
March 27, 2015
09:28 EDTGLOBGlobant 2.9M share Secondary priced at $18.50
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March 25, 2015
07:13 EDTCPLP, SB, SALT, NNA, NM, DLNG, GASSDeutsche Bank to hold a summit
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March 23, 2015
16:39 EDTGLOBGlobant files to sell 2.91M shares of common stock for holders
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10:00 EDTNMMOn The Fly: Analyst Upgrade Summary
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07:19 EDTSB, SALT, GASS, NNA, NMCapital Link to hold a forum
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06:07 EDTNMMNavios Maritime Partners upgraded to Buy from Hold at Deutsche Bank
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March 19, 2015
19:10 EDTSBLKStar Bulk Carriers reports Q4 adjusted EPS (6c), consensus (5c)
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11:43 EDTGASSStealthGas management to meet with Jefferies
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