
We are placing our coverage for Excel Maritime Carriers EXM and Genco Shipping & Trading GNK under review as we reassess our assumptions. While the Baltic Dry Index has recovered since reaching
2.1% ), and Baltic Trading ( BALT +4.5% ) - while starting Eagle Bulk Shipping ( EGLE -0.9% ), Excel Maritime ( EXM -1.8% ), Genco Shipping ( GNK +1.1% ) with below-keel Reduce ratings. While individual names in the sector tend to
which we think will be necessary to remain viable beyond 2013. After coming off a mixed first quarter, Excel Maritime Carriers EXM is operating under a favorable restructuring of its $1.4 billion syndicated credit facility that provides
s actions begin to prove accretive to shareholders. Excel Maritime Carriers is a global provider of transportation services for ..... issues reaffirms our very high uncertainty rating. Excel Maritime Carriers owns one of the largest and most diversified fleets
By Furbonacci : The Greek merchant marine industry is the largest in the world and is responsible for over 16% of the Greek economy. Only the Greek tourism industry is responsible for a larger piece of the Greek economic pie. If the stock market is a predictor of economic conditions then we should
Excel Maritime ( EXM +6.7% ) gains after Jefferies upped the shares to Hold earlier today, citing the company's debt restructuring. The firm also raised its price target to $2 from $1. Post your comment!
Excel Maritime EXM reported fourth-quarter results that came in below our expectations, but we're leaving our fair value estimate unchanged at
Excel Maritime Carriers ( EXM ): Q4 EPS of -$0.24 beats by $0.01 . Revenue of $81.9M (-23.5% Y/Y) beats by $8M . Shares +4.6% . ( PR ) Post your comment!
Thank you for standing by ladies and gentlemen, and welcome to the Excel Maritime Conference Call on the Fourth Quarter and Full Year 2011 Financial Results. We have with us Mr. Pavlos Kanellopoulos, Chief Financial Officer; and Ms. Ismini Panayotides, Business Development Officer of the Company.
Bulk Carriers Corp. ( SBLK ) Seanergy Maritime Holdings Corp. ( SHIP ) Paragon Shipping Inc. ( PRGN ) Excel Maritime Carriers Ltd. ( EXM ) A Brief History Lesson... Investors looking for an ugly chart don't need to look any further than