All Posts Tagged With: "EXM"
(EXM) Excel Maritime Carriers Analyst Maintains Underperform Rating
We maintain our Underperform recommendation on Excel Maritime Carriers Ltd. (EXM). Although the company’s fourth quarter of 2011 financial beat the Zacks Consensus Estimates, we believe the drybulk shipping...
(EXM) Excel Maritime Carriers- Bear of the Day
We downgrade our recommendation on Excel Maritime Carriers (EXM) to Underperform ahead of its fourth quarter of 2011 financial results. We believe the drybulk shipping industry has a gloomy outlook, facing...
(OSG) Transportation Sector Rated by ValuEngine
Below, we present the latest data on leading Transportation Sector stocks from our Institutional software package (VEI). These results were filtered by market price and volume–no results below 3$/share or less than 100k shares/day volume.
Top-Five...
(EXM) Excel Maritime Carriers Improves Time Charter Contract
Excel Maritime Carriers Ltd. (EXM), a leading worldwide seaborne transporter for dry bulk cargoes, recently improved and consolidated the time charter contracts for its fleets. The company announced that it...
(DRYS) DryShips Upgraded to Neutral
We upgrade our recommendation on DryShips Inc. (DRYS) to Neutral following our view that the upcoming initial public offering of Ocean Rig deepwater drilling unit will unlock the value of its huge potential....
(EXM) Excel Maritime Carriers Improves TC Contract
Excel Maritime Carriers Ltd. (EXM), a leading worldwide seaborne transporter for dry bulk cargoes, recently improved and consolidated the time charter contracts for its fleets. The company announced that it...
(EXM) Excel Maritime Carriers – Bear of the Day
We downgrade our recommendation on Excel Maritime (EXM) to Underperform backed by the gloomy near-term prospects of the drybulk shipping industry. This sector is facing serious challenges, where the spot vessel...
(EXM) Excel Maritime Carriers Earnings Outperform
Yesterday after market close, Excel Maritime Carriers Ltd. (EXM), a global dry bulk carrier, declared solid financial results for the first quarter of 2011. GAAP net loss in the first quarter of 2011 was $1...
(DRYS) DryShips Analyst Maintains Underperform on Shares
We reiterate our Underperform recommendation on DryShips Inc. (DRYS). The company’s fourth quarter of fiscal 2010 financial results were well below the Zacks Consensus Estimates. The drybulk shipping industry...
(DRYS) DryShips Issues $500 Million in Senior Notes
A global shipping company that specializes in carrying dry bulk commodities and drilling rigs, DryShips Inc. (DRYS) recently announced the issuance of senior notes worth $500 million through private placement.
These...
(EXM) Excel Maritime Carriers Reports Mixed Fourth Quarter
Yesterday after market close, Excel Maritime Carriers Ltd. (EXM), a global dry bulk carrier, declared mixed financial results for the fourth quarter of 2010. However, in after market trade on NASDAQ, the stock...
(DRYS) DryShips Analyst Downgrades Shares to Underperform
We downgrade our recommendation for DryShips Inc. (DRYS) to Underperform, ahead of its fourth quarter 2010 financial results. Drybulk shipping industry is going through an extreme depressive situation. Despite...
(DRYS) DryShips Earns Drilling Contracts
DryShips Inc. (DRYS) is gradually converting itself as an ultra-deep water drilling company rather than continuing as a simple drybulk cargo operator. Today, the company announced that two drillships of its...
(EXM) Excel Maritime Carriers Exceeds Earnings Estimates
Excel Maritime Carriers Ltd’s (EXM) third-quarter earnings of 81 cents per share were substantially ahead of the Zacks Consensus Estimate of 3 cents. Last year, the company reported earnings of $2.81.
Revenue...
(DRYS) The Baltic Dry Index: A Solid Gauge of Global Economic Health
Tony Daltorio, Investment U Research
Funny how bulls and bears can look at exactly the same data, yet come to completely different opinions.
Take the Baltic Dry Index, which measures charter rates for ships carrying...
(UPS) Transportation – Industry Outlook
Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe, with all industries...