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	<title>Stock Blog Hub &#187; DRYS</title>
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	<description>Start Your Investing Research Here!</description>
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		<title>(EXM) Excel Maritime Carriers Analyst Maintains Underperform Rating</title>
		<link>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025</link>
		<comments>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025#comments</comments>
		<pubDate>Thu, 19 Apr 2012 18:43:46 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=97025</guid>
		<description><![CDATA[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 industry has a gloomy prospect, at least in the near-term. This sector is facing serious challenges since the spot vessel rates collapsed significantly. The sole reason for this dismal condition is the sheer increase of newbuild ships under operation that resulted in intense price competition. The spot rates of drybulk vessels have fallen to such a low level that even surging commodity prices in the Asian markets failed to offset the loss of the vessel owners. We believe continuation of this pricing trend will certainly jeopardize the company’s future financials. In the last year, Excel Maritime took a severe hit on ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2012/04/19/exm-excel-maritime-carriers-analyst-maintains-underperform-rating/97025/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(OSG) Transportation Sector Rated by ValuEngine</title>
		<link>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673</link>
		<comments>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673#comments</comments>
		<pubDate>Mon, 11 Jul 2011 15:25:32 +0000</pubDate>
		<dc:creator>valuengine</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[AMR]]></category>
		<category><![CDATA[AMR Corporation]]></category>
		<category><![CDATA[CH Robinson Worldwide Inc.]]></category>
		<category><![CDATA[CHRW]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corporation]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[EXPD]]></category>
		<category><![CDATA[Expeditors International of Washington Inc]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[FRO]]></category>
		<category><![CDATA[Frontline Limited]]></category>
		<category><![CDATA[GBX]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GLNG]]></category>
		<category><![CDATA[GNK]]></category>
		<category><![CDATA[Golar LNG Limited]]></category>
		<category><![CDATA[Greenbrier Companies]]></category>
		<category><![CDATA[LAN Airlines S.A.]]></category>
		<category><![CDATA[LFL]]></category>
		<category><![CDATA[Norfolk Southern Corporation]]></category>
		<category><![CDATA[NSC]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[Republic Airways Holdings Inc.]]></category>
		<category><![CDATA[RJET]]></category>
		<category><![CDATA[RYAAY]]></category>
		<category><![CDATA[Ryanair Holdings plc]]></category>
		<category><![CDATA[Teekay Corporation]]></category>
		<category><![CDATA[TK]]></category>
		<category><![CDATA[Union Pacific Corporation]]></category>
		<category><![CDATA[United Parcel Service Inc.]]></category>
		<category><![CDATA[UNP]]></category>
		<category><![CDATA[UPS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78673</guid>
		<description><![CDATA[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&#8211;no results below 3$/share or less than 100k shares/day volume. Top-Five Transportation Sector Stocks&#8211;Short-Term Forecast Returns Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%) (OCNFD) OCEANFREIGHT IN 6.89     N/A -56.81 (OSG) OVERSEAS SHIPHO 26.91 -38.42 -23.85 (FRO) FRONTLINE LTD 14.02 -42.65 -50.25 (DRYS) DRYSHIPS INC 4.2 -47.15 16.99 (GBX) GREENBRIER COS 21.97 6.85 103.61 Top-Five Transportation Sector Stocks&#8211;Long-Term Forecast Returns Ticker Name Mkt Price Valuation(%) Last 12-M Retn(%) (AMR) AMR CORP 5.38 -47.44 -20.18 (CHRW) CH ROBINSON WWD 82.1 8.3 48.36 (UPS) UTD PARCEL SRVC 75.37 -0.85 30.35 (LFL) LAN CHILE-ADR 30.53 31.41 57.45 (EXPD) EXPEDITORS INTL 52.88 6.23 53.45 Top-Five Transportation Sector Stocks&#8211;Composite ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/11/valuengine-rates-the-transports/78673/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Improves Time Charter Contract</title>
		<link>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653</link>
		<comments>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653#comments</comments>
		<pubDate>Fri, 08 Jul 2011 20:50:34 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=78653</guid>
		<description><![CDATA[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 has entered into 1-year time charter agreement with the first class European charterers for its Kamsarmax vessel M/V Iron Vassilis and Panamax vessel M/V Happy Day. The Kamsarmax vessel has 82,257 dwt carrying capacity and will be employed for a gross daily average TC rate of $14,000 during the period. The Panamax vessel has 71,694 dwt carrying capacity and will be employed for a gross daily average TC rate of $13,000 during the period. With these two new time charter deals, currently Excel Maritime secured under time charter employment of 78% of its operating days for the rest of 2011. ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/07/08/exm-excel-maritime-carriers-improves-time-charter-contract/78653/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Upgraded to Neutral</title>
		<link>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681</link>
		<comments>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681#comments</comments>
		<pubDate>Tue, 28 Jun 2011 15:58:15 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=77681</guid>
		<description><![CDATA[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. We believe ultra deepwater drilling business will drive the stock price in the near future. DryShips is steadily transforming itself as a drillship company from a drybulk cargo operator. As a result, both the top line and bottom line are expected to benefit from lucrative ultra deep-water oil drilling industry. DryShips’ first-quarter 2011 financial results fell below the Zacks Consensus Estimates, mainly due to poor performance of the drybilk shipping. Nevertheless, we believe the drybulk shipping rates will increase in the second half of 2011 attributable to a surge in demand for coal in Japan. In the ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/28/drys-dryships-upgraded-to-neutral/77681/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Improves TC Contract</title>
		<link>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598</link>
		<comments>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598#comments</comments>
		<pubDate>Fri, 17 Jun 2011 14:50:44 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=76598</guid>
		<description><![CDATA[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 has entered into 2-year time charter agreement with first class European charterers for 2 of its Kamsarmax vessels, M/V Coal Hunter and M/V Santa Barbara. The gross daily average TC rate will be $15,000 for the first year. For the second year, the daily TC rate will be linked to Baltic Panamax Index with a floor rate of $14,000 per day coupled with a profit sharing agreement. With these two new time charter deals, currently Excel Maritime secured under time charter employment of 74% of its operating days for the rest of 2011. The situation has markedly improved from where ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/06/17/exm-excel-maritime-carriers-improves-tc-contract/76598/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Earnings Outperform</title>
		<link>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191</link>
		<comments>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191#comments</comments>
		<pubDate>Wed, 04 May 2011 16:37:14 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=73191</guid>
		<description><![CDATA[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 million or a loss of 1 cent per share compared with a net income of $67.3 million or 82 cents per share in the year-ago quarter. However, the quarterly adjusted (excluding special-items) EPS of 1 cent was in contrast to the Zacks Consensus Estimate of a loss of 4 cents. Quarterly total revenue was a little over $98.1 million compared with $172.2 million in the prior-year quarter. This huge reduction was primarily attributable to extremely volatile freight environment in the global drybulk shipping industry. Nevertheless, quarterly Voyage revenue of $97.3 was well above the Zacks ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/05/04/exm-excel-maritime-carriers-earnings-outperform/73191/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Analyst Maintains Underperform on Shares</title>
		<link>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174</link>
		<comments>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174#comments</comments>
		<pubDate>Wed, 13 Apr 2011 16:37:58 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71174</guid>
		<description><![CDATA[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 is facing serious challenges, where the vessel rate collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that resulted in intense price competition. Due to lack of near-term foresight, most of the vessel operators had ordered large number of newbuild ships in several docks. In 2010, total 210 newbuild ships were delivered and in 2011 another 241 ships are expected to be operational. Glut of ships resulted in severe cut-throat price competition. Major competitors of DryShips are Diana Shipping Inc. (DSX), Genco Shipping &#38; Trading ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/13/drys-dryships-analyst-maintains-underperform-on-shares/71174/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(DRYS) DryShips Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/04/11/drys-dryships-incorporated-bear-of-the-day-2/71156</link>
		<comments>http://www.stockbloghub.com/2011/04/11/drys-dryships-incorporated-bear-of-the-day-2/71156#comments</comments>
		<pubDate>Mon, 11 Apr 2011 14:01:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=71156</guid>
		<description><![CDATA[We reiterate our Underperform recommendation on DryShips, Inc. (DRYS). The company&#8217;s fourth quarter of fiscal 2010 financial results were well below the Zacks Consensus Estimates. The drybulk shipping industry is facing serious challenges, where the vessel rate collapsed even below the rate during the recession. We believe the sole reason for this dismal condition is the sheer increase of ships under operation that have resulted in intense price competition. The spot rate has fallen to such a low level that even surging commodity prices in the Asian markets failed to offset the loss of the vessel owners. We believe continuation of this pricing trend may significantly jeopardize DryShips future financials. The company is highly leveraged with nearly $2.33 billion of net debt at the end of fiscal 2010. We also ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/11/drys-dryships-incorporated-bear-of-the-day-2/71156/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DRYS) DryShips Issues $500 Million in Senior Notes</title>
		<link>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692</link>
		<comments>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692#comments</comments>
		<pubDate>Sat, 09 Apr 2011 19:24:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=70692</guid>
		<description><![CDATA[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 senior notes have been registered under the Norwegian Securities Trading Regulation and will only be issued to Norwegian professional investors. Hence, these senior notes will not be issued to U.S investors as these debt instruments will not be registered under the Securities Exchange Commissions (SEC) Act  or other applicable securities laws in other jurisdictions. It is believed that the fund to be raised through this debt financing scheme will be utilized to build new drillships for their parent company, Ocean RigUDW Inc. Drybulk shipping industry is highly competitive and fragmented. Fifteen new drilling units are expected to become operational ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/04/09/drys-dryships-issues-500-million-in-senior-notes/70692/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>(EXM) Excel Maritime Carriers Reports Mixed Fourth Quarter</title>
		<link>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844</link>
		<comments>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844#comments</comments>
		<pubDate>Wed, 09 Mar 2011 05:35:26 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=67844</guid>
		<description><![CDATA[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 price of Excel Maritime was down 22 cents (4.21%) to $5.0. GAAP net income in the fourth quarter of 2010 was $63.6 million or 76 cents per share compared with a net income of $81.8 million or $1 per share in the year-ago quarter. However, quarterly adjusted (excluding special-items) EPS of 14 cents was a penny shy of the Zacks Consensus Estimate. Quarterly total revenue was a little over $158 compared with $186.2 million in the prior-year quarter. This huge reduction was primarily attributable to extremely volatile freight environment of the global drybulk shipping industry. Nevertheless, Voyage ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/03/08/exm-excel-maritime-carriers-reports-mixed-fourth-quarter/67844/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<title>(DRYS) DryShips Analyst Downgrades Shares to Underperform</title>
		<link>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824</link>
		<comments>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824#comments</comments>
		<pubDate>Mon, 14 Feb 2011 20:28:01 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66824</guid>
		<description><![CDATA[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 improving global macroeconomic scenario, the financial condition of this industry is worse than what it was a year or two ago. This is solely attributable to non-economic decision taken by the shipping companies in 2008 just before the beginning of worldwide decisions. Due to lack of near-term foresight, most of the vessel operators had ordered a large number of newbuild ships in several docks. Glut of ships are resulting in severe cut-throat price competition. Capesize vessels, which are mainly used for drybulk goods, faced a major brunt of this competition. In the spot market, capesize vessel rate fell below $7,000 per ]]></description>
		<wfw:commentRss>http://www.stockbloghub.com/2011/02/14/drys-dryships-analyst-downgrades-shares-to-underperform/66824/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
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		<item>
		<title>(DRYS) DryShips Incorporated &#8211; Bear of the Day</title>
		<link>http://www.stockbloghub.com/2011/02/14/drys-dryships-incorporated-bear-of-the-day/66883</link>
		<comments>http://www.stockbloghub.com/2011/02/14/drys-dryships-incorporated-bear-of-the-day/66883#comments</comments>
		<pubDate>Mon, 14 Feb 2011 17:51:02 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=66883</guid>
		<description><![CDATA[We downgrade our recommendation for DryShips Inc. (DRYS) to Underperform ahead of its fourth quarter 2010 financial results. The drybulk shipping industry is through its most depressive situation where the vessel rate collapsed even below the rate under recession just a year ago. The spot rate has fallen to such a low level that even surging commodity prices in the Asian markets will fail to offset the loss of the vessel owners. We believe continuation of this pricing trend may significantly jeopardize DryShips&#8217; future financials. The company is highly leveraged with nearly $2.3 billion of net debt at the end of the third quarter of 2010. We believe recent decision of DryShips to acquire 12 new oil tankers may not be able to generate required synergies due to weak global ]]></description>
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		<title>(DRYS) DryShips Earns Drilling Contracts</title>
		<link>http://www.stockbloghub.com/2011/01/04/drys-dryships-earns-drilling-contracts/64469</link>
		<comments>http://www.stockbloghub.com/2011/01/04/drys-dryships-earns-drilling-contracts/64469#comments</comments>
		<pubDate>Wed, 05 Jan 2011 06:44:40 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips Inc.]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=64469</guid>
		<description><![CDATA[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 subsidiary Ocean Rig UDW Inc. have entered into a definitive agreement with Cairn Energy plc for a period of six months. These drillships are “Leiv Eiriksson” and “Ocean Rig Corcovado.” Total contract value for the “Leiv Eiriksson” including mobilization charge is around $95 million whereas total contract value including mobilization and winterization of the &#8220;Ocean Rig Corcovado&#8221; is approximately $142 million. DryShips is steadily transforming itself as a drillship company from a drybulk cargo operator. Therefore, both the top line and bottom line are benefiting from lucrative ultra deep-water oil drilling industry. The company announced that the rates for ]]></description>
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		<title>(DRYS) DryShips Incorporated &#8211; No Rebound in Shipping Stocks</title>
		<link>http://www.stockbloghub.com/2010/12/20/drys-dryships-incorporated-no-rebound-in-shipping-stocks/60382</link>
		<comments>http://www.stockbloghub.com/2010/12/20/drys-dryships-incorporated-no-rebound-in-shipping-stocks/60382#comments</comments>
		<pubDate>Mon, 20 Dec 2010 22:36:47 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Diana Shipping Inc]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[DSX]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=60382</guid>
		<description><![CDATA[Is it finally time to buy the dry bulk shippers? DryShips Inc. (DRYS) has surprised on estimates 3 out of the last 4 quarters but investors don&#8217;t seem to care as shares have been mired in a narrow trading range. Yet DryShips is cheap. It is trading at just 4.9x forward estimates. DryShips is somewhat unique in the shipping industry in that it operates both drybulk carriers and also offshore oil deep water drilling units. The dry bulk fleet has a capacity of over 3.5 million deadweight tons and operates 39 drybulk carriers Incorporatedluding 7 Capesize, 30 Panamax and 2 Supramax carriers. The company&#8217;s offshore oil deep water drilling division operates 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships. No Rebound in Shipping Stocks ]]></description>
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		<title>(DRYS) DryShips&#8217; Fourth Quarter Report Misses by a Penny</title>
		<link>http://www.stockbloghub.com/2010/02/28/drys-dryships-fourth-quarter-report-misses-by-a-penny/29137</link>
		<comments>http://www.stockbloghub.com/2010/02/28/drys-dryships-fourth-quarter-report-misses-by-a-penny/29137#comments</comments>
		<pubDate>Mon, 01 Mar 2010 04:29:35 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=29137</guid>
		<description><![CDATA[DryShips, Inc.’s (DRYS) fourth-quarter earnings of 23 cents per share were a penny short of the Zacks Consensus Estimate of 24 cents. This excludes a loss of $64.4 million or 24 cents per share associated with various one-time items. However, earnings for the quarter were down substantially from 43 cents in the prior-year quarter. GAAP net loss for the quarter was 1 cent per share, compared to a loss of $18.42 in the prior-year quarter. Earnings for the quarter were aided primarily by the continued performance of both DryShips’ drilling and drybulk units at high utilization rates. China was the driving force in the dry bulk market last year with iron ore and coal imports increasing over the prior year at a record pace. DryShips expects commodity demand to increase ]]></description>
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		<title>(DRYS) DryShips Closes $400 Million Notes Offering</title>
		<link>http://www.stockbloghub.com/2009/12/01/drys-dryships-closes-400-million-notes-offering/21648</link>
		<comments>http://www.stockbloghub.com/2009/12/01/drys-dryships-closes-400-million-notes-offering/21648#comments</comments>
		<pubDate>Wed, 02 Dec 2009 00:45:29 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=21648</guid>
		<description><![CDATA[DryShips Inc. (DRYS) on Nov. 25 announced that it has closed its previously announced $400 million notes offering. The offering, which was increased to $400 million from $300 million as planned originally, has generated proceeds of $448 million. The underwriter has purchased the full over-allotted notes and purchased an additional $60 million notes on similar terms. The notes will not be listed on any securities exchange nor included in any automatic quotation system. The company had announced on Nov. 19 to issue $400 million of notes due Dec 2014, with interest payable June 1 and Dec. 1 of each year, beginning from June 2010. The notes will be denominated as senior unsecured obligations and will be at par in right of payment to all other senior unsecured debt. The net ]]></description>
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		<title>($DRYS) DryShips Inc. &#8211; Earnings Surprised by 28.57% in the Third Quarter</title>
		<link>http://www.stockbloghub.com/2009/11/18/drys-dryships-inc-earnings-surprised-by-28-57-in-the-third-quarter/20829</link>
		<comments>http://www.stockbloghub.com/2009/11/18/drys-dryships-inc-earnings-surprised-by-28-57-in-the-third-quarter/20829#comments</comments>
		<pubDate>Wed, 18 Nov 2009 17:34:23 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=20829</guid>
		<description><![CDATA[DryShips Inc. (DRYS) is now a Zacks #1 Rank (strong buy) stock as estimates rise after a tough year where earnings per share dropped by 90%. The stock is now cheap, trading at just 6.6x forward earnings. Company Description DryShips operates drybulk carriers and offshore oil deep water drilling worldwide. The dry bulk fleet has a capacity of over 3.4 million deadweight tons and operates 39 drybulk carriers Incorporatedluding 7 Capesize, 30 Panamax and 2 Supramax carriers. The company&#8217;s offshore oil deep water drilling division operates 2 ultra deep water semisubmersible drilling rigs and 4 ultra deep water newbuilding drillships. DryShips Surprised by 28.57% in the Third Quarter On Oct 26, DryShips reported its third quarter results and beat the Zacks Consensus Estimate by 6 cents. Earnings per share were ]]></description>
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		<title>(DRYS) DryShips Beats, Results Hurt</title>
		<link>http://www.stockbloghub.com/2009/10/27/drys-dryships-beats-results-hurt/18899</link>
		<comments>http://www.stockbloghub.com/2009/10/27/drys-dryships-beats-results-hurt/18899#comments</comments>
		<pubDate>Wed, 28 Oct 2009 03:40:11 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=18899</guid>
		<description><![CDATA[DryShips, Inc.’s (DRYS) third-quarter earnings of 27 cents per share were 6 cents ahead of the Zacks Consensus Estimate. This excludes a loss of $39.3 million or 15 cents per share associated with the valuation of the company’s interest rate swaps. However, earnings were down substantially from $3.53 per share in the prior-year quarter. GAAP net income for the quarter came in at $35.6 million or 12 cents per share, compared to $180.0 million, or $4.13 per share in the prior-year quarter. The better-than-expected earnings were aided primarily by the performance of drilling and drybulk units at high utilization rates. Revenues decreased 30.4% year-over-year to $228.2 million. An average of 38.5 vessels were operated for 3,492 voyage days during the third quarter of 2009 earning an average time charter equivalent ]]></description>
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		<title>(DRYS) The Baltic Dry Index: A Solid Gauge of Global Economic Health</title>
		<link>http://www.stockbloghub.com/2009/10/14/drys-the-baltic-dry-index-a-solid-gauge-of-global-economic-health/17561</link>
		<comments>http://www.stockbloghub.com/2009/10/14/drys-the-baltic-dry-index-a-solid-gauge-of-global-economic-health/17561#comments</comments>
		<pubDate>Wed, 14 Oct 2009 15:55:58 +0000</pubDate>
		<dc:creator>InvestmentU</dc:creator>
				<category><![CDATA[Services]]></category>
		<category><![CDATA[Shipping]]></category>
		<category><![CDATA[Claymore-Delta Global Shipping]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[Eagle Bulk Shipping Inc]]></category>
		<category><![CDATA[EGLE]]></category>
		<category><![CDATA[Excel Maritime Carriers Limited]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[Genco Shipping & Trading Limited]]></category>
		<category><![CDATA[GNK]]></category>
		<category><![CDATA[SEA]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=17561</guid>
		<description><![CDATA[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 bulk commodities, for example. Bulls use a high reading as proof that worldwide demand is picking up, whereas bears see it in a more pessimistic light. And with the index down nearly 50% from its June 3 high, bears claim it shows the fragility of demand in China, which drives much of the global demand for commodities. But I believe the Baltic Dry Index is a key gauge of global economic activity. And it begs two questions. What is it doing and how can we make money from it? The Baltic Dry Index &#38; China’s ]]></description>
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		<title>(UPS) Transportation &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/07/21/ups-transportation-industry-outlook-2/11008</link>
		<comments>http://www.stockbloghub.com/2009/07/21/ups-transportation-industry-outlook-2/11008#comments</comments>
		<pubDate>Tue, 21 Jul 2009 22:49:27 +0000</pubDate>
		<dc:creator>Shawn</dc:creator>
				<category><![CDATA[Air Delivery & Freight Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[CEA]]></category>
		<category><![CDATA[China Eastern Airlines Corp. L]]></category>
		<category><![CDATA[CSX]]></category>
		<category><![CDATA[CSX Corp.]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[ESEA]]></category>
		<category><![CDATA[Euroseas]]></category>
		<category><![CDATA[Excel Maritime Carriers]]></category>
		<category><![CDATA[EXM]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[SBLK]]></category>
		<category><![CDATA[Star Bulk Carriers Corp.]]></category>
		<category><![CDATA[UAL Corporation]]></category>
		<category><![CDATA[UAUA]]></category>
		<category><![CDATA[Union Pacific Corp.]]></category>
		<category><![CDATA[United Parcel Service]]></category>
		<category><![CDATA[UNP]]></category>
		<category><![CDATA[UPS]]></category>

		<guid isPermaLink="false">http://www.stockbloghub.com/?p=11008</guid>
		<description><![CDATA[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 underperforming the S&#38;P 500’s 3.3% increase, with the exception of railroads and air freight. Air freight has been helped by large gains in smaller companies as the giants within the air freight sector, United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX), are down 10.6% and 8.4% year to date, respectively. The railroads were helped when CSX Corporation (CSX) kicked off the second quarter earnings season earlier this week with better-than-expected earnings. Railroads 11.8% Air Freight 5.1% Equip &#38; Leasing (2.1)% Trucking (2.5)% Shipping (2.8)% Airlines (29.5)% Among the hardest hit industries ]]></description>
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		<title>(UPS) Transportation &#8211; Industry Outlook</title>
		<link>http://www.stockbloghub.com/2009/05/20/ups-transportation-industry-outlook/7213</link>
		<comments>http://www.stockbloghub.com/2009/05/20/ups-transportation-industry-outlook/7213#comments</comments>
		<pubDate>Wed, 20 May 2009 19:48:17 +0000</pubDate>
		<dc:creator>vitalstocks</dc:creator>
				<category><![CDATA[Air Delivery & Freight Services]]></category>
		<category><![CDATA[Services]]></category>
		<category><![CDATA[CAI International Inc.]]></category>
		<category><![CDATA[Canadian Pacific Railway Limit]]></category>
		<category><![CDATA[CAP]]></category>
		<category><![CDATA[CEA]]></category>
		<category><![CDATA[China Eastern Airlines Corp. L]]></category>
		<category><![CDATA[CP]]></category>
		<category><![CDATA[DRYS]]></category>
		<category><![CDATA[DryShips]]></category>
		<category><![CDATA[FDX]]></category>
		<category><![CDATA[FedEx Corporation]]></category>
		<category><![CDATA[Inc.]]></category>
		<category><![CDATA[Norfolk Southern Corp.]]></category>
		<category><![CDATA[NSC]]></category>
		<category><![CDATA[OSG]]></category>
		<category><![CDATA[Overseas Shipholding Group Inc]]></category>
		<category><![CDATA[United Parcel Service]]></category>
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		<guid isPermaLink="false">http://www.stockbloghub.com/?p=7213</guid>
		<description><![CDATA[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 &#8212; all industries are underperforming the S&#38;P 500’s 0.7% increase, with the exception of air freight. Air freight has been helped by large gains in smaller companies as the giants within the air freight sector, United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX), are down 4.3% and 15.7% year to date, respectively. Air Freight 17.3% Equipment &#38; Leasing 0.5% Trucking (0.7)% Shipping (0.9)% Railroads (3.8)% Airlines (32.8)% Among the hardest hit have been airlines and railroads (see the Analyst Blog by Dirk van Dijk, entitled Recovery Derailed?), where demand is dropping precipitously, reflecting the ]]></description>
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