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Stock Market & Financial Investment News

News Breaks
January 3, 2014
12:35 EDTDSX, SBLK, BALTDry bulk shipper rally could pause this month, says Maxim
Maxim thinks dry bulk stocks' strong performance in December and a seasonally slow time for rates could pause the stocks' rally in the near-term, but added that it would use major pullbacks as an opportunity to add to positions in its top picks in the sector, which include Baltic Trading (BALT), Star Bulk Carriers (SBLK) and Diana Shipping (DSX).
News For BALT;SBLK;DSX From The Last 14 Days
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January 23, 2015
09:22 EDTSBLKStar Bulk Carriers announces sale of M/V Star Julia for demolition
Star Bulk Carriers announced that it has entered into a binding agreement to sell for demolition the M/V Star Julia, a 70,100 dwt Panamax vessel, built in 1994, to an unaffiliated third party, at a profit over net book value. The company expects to deliver the Vessel to the Buyers by early February 2015. Star Julia was acquired on August 19, 2014. This transaction is in line with the company's strategy to opportunistically divest assets that do not fit the profile of its fleet and further solidify its balance sheet.
January 14, 2015
09:15 EDTDSXDiana Shipping announces time charter for m/v Santa Barbara with RWE
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January 12, 2015
08:43 EDTDSXDiana Shipping announces delivery of m/v Santa Barbara
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