New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 1, 2013
05:53 EDTCPLPCapital Product reaches conditional agreement with Overseas Shipholding Group
Capital Product has reached a conditional agreement with Overseas Shipholding Group and certain of OSG's subsidiaries regarding the long term bareboat charters of three of its product tanker vessels. CPLP has conditionally agreed to enter into new charters with OSG on substantially the same terms as the prior charters but at a bareboat rate of $6,250 per day. OSG has the option of extending the employment of each vessel following the completion of the bareboat charters for an additional two years on a time chartered basis at a rate of $16,500 per day. The new charters remain subject to approval by OSG's board of directors.
News For CPLP From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
February 26, 2015
10:38 EDTCPLPCapital Product announces new time charter employments
Capital Product Partners announced that it has secured new time charter employment for the M/T 'Amore Mio II' and M/T 'Amoureux' at increased day rates. The company noted, "The M/T 'Amore Mio II' will continue its time charter employment with our sponsor, Capital Maritime & Trading, for 12-14 months at a gross daily rate of $27,000. The vessel is currently employed under time charter to CMTC at a gross daily rate of $17,000 per day. The new charter is expected to commence in April 2015. The M/T 'Amoureux' has secured two year employment with Stena Bulk AB at a gross daily rate of $29,000. The new charter is expected to commence in April 2015. The vessel is currently earning $24,000 gross per day under its current time charter employment with CMTC."
February 18, 2015
10:05 EDTCPLPOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: Agnico Eagle (AEM) upgraded to Overweight from Neutral at JPMorgan... Amarin (AMRN) upgraded to Buy from Neutral at SunTrust... Capital Product (CPLP) upgraded to Accumulate from Neutral at Global Hunter... Carlyle Group (CG) upgraded to Buy from Neutral at Citigroup... Danone (DANOY) upgraded to Neutral from Underperform at Exane BNP Paribas... Express (EXPR) upgraded on lower promotional activity at Piper Jaffray... Kforce (KFRC) upgraded to Outperform from Market Perform at Avondale... Legg Mason (LM) upgraded to Buy from Hold at Jefferies... Rackspace (RAX) upgraded following Q4 results at Pacific Crest... Rosetta Resources (ROSE) upgraded to Buy from Neutral at Global Hunter... SeaChange (SEAC) upgraded to Buy from Hold at Noble Financial... Valero (VLO) upgraded to Outperform from Neutral at Credit Suisse... Veeco (VECO) upgraded to Buy from Hold at Noble Financial... Wolverine World Wide (WWW) upgraded to Neutral from Underperform at Sterne Agee.
08:10 EDTCPLPCapital Product upgraded to Accumulate from Neutral at Global Hunter
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use