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Stock Market & Financial Investment News

News Breaks
May 28, 2014
09:15 EDTGLNGGolar LNG reports Q1 revenue $21M, consensus $17.03M
Reports Q1 net income $13M. Reports Q1 EBITDA $33.1M.
News For GLNG From The Last 14 Days
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August 26, 2014
09:48 EDTGLNGGolar LNG says recent weeks show moderate improvement in chartering demand
Golar LNG said, "Although recent weeks have shown a moderate improvement in chartering demand, the Board believes that this is primarily linked to a temporary market condition related to the current contango in the LNG pricing curve going out into the winter of 2014/15. Supply demand fundamentals remain challenging and therefore investors should anticipate operating results for the balance of the year to be generally in line with the first half of 2014. In recognition of the current improved utilisation of the spot vessels, all of which are currently employed, operating results for the third quarter can however be expected to show some minor improvement over the second quarter...The company fulfilled its commitment to complete and obtain funding for the company's maiden FLNG vessel as of the end of the second quarter 2014. The proceeds from the offering put the company on a solid footing to maintain a fast track schedule for yard delivery of the first FLNG vessel in the first quarter of 2017. The company has made positive progress on securing agreements for the deployment of the vessel to coincide with the delivery timing from the yard."
09:45 EDTGLNGGolar LNG reports Q2 operating revenue $21.08M, consensus $20.36M
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August 25, 2014
15:18 EDTGLNGNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Best Buy (BBY), consensus 31c; Golar LNG (GLNG), consensus (7c); DSW (DSW), consensus 32c; Tech Data (TECD), consensus 77c; Sanderson Farms (SAFM), consensus $3.82; Movado (MOV), consensus 54c; Trina Solar (TSL), consensus 14c.
August 22, 2014
08:02 EDTGLNGGolar LNG price target raised to $78-$90 from $55-$60 at Wells Fargo
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