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Stock Market & Financial Investment News

News Breaks
January 30, 2013
05:54 EDTNNANavios Acquisition upgraded to Buy from Hold at Deutsche Bank
Deutsche Bank upgraded Navios Acquisition citing the company's exposure to product tankers and the potential for dividend raises in 2013 and 2014. The firm raised its price target for shares to $5 from $3.
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July 22, 2014
10:09 EDTNNANavios Acquisition announces delivery, employment of one VLCC
Navios Maritime Acquisition announced that the Nave Electron, a 2002-built VLCC of 305,178 dwt, was delivered to Navios Acquisition's owned fleet on July 21. The company also announced that the Nave Electron has been chartered out to a high quality counterparty for minimum one year at a rate based on charterer's VLCC pool earnings.

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