Genco Shipping & Trading GNK
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Placing Excel and Genco Under Review
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 a 25-year low in early …
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Global Hunter fires up Buy ratings on a number of shipping stocks including Diana Shipping ([[DSX]] +2.5%), DryShips ([[DRYS]] +9.5%), Safe Bulkers ([[SB]] +2.1%), and Baltic Trading ([[BALT]] +4.5%) ...
… 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 get tied up with momentum trading …
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Dry-Bulk Shippers Still in Troubled Waters
… stronger balance sheets, ample liquidity, and solidly locked-in contract base. Conversely, we think Genco Shipping & Trading GNK and Eagle Bulk Shipping EGLE are the most sensitive to fluctuating freight rates, as many of their contracts have rolled off …
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Genco's High Spot Market Exposure Leads to 1Q Loss
Genco Shipping & Trading GNK reported first-quarter results well below our expectations, but we're keeping our $6 fair value estimate unchanged, since …
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3 Inexpensive Stocks That Hedge Funds Are Buying
… With any commodity business, however, one must view the cyclical nature of the industry with a good deal of skepticism and certainly shipping is thought to be cheap for a good reason right now. Investors in Genco Shipping GNK Complete Story »
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Genco Barely Posts 4Q Profit, but Results Better Than Expected
Genco Shipping & Trading GNK reported fourth-quarter results that came in above our expectations, and we think a fair value estimate increase may be necessary …
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Genco Shipping n Trading, Ltd. GNK Q4 2011 Earnings Call Transcript
Good morning, ladies and gentlemen, and welcome to the Genco Shipping n Trading Limited Fourth Quarter 2011 Earnings Conference Call and Presentation. Before we begin, please note that there will be a slide presentation accompanying today's conference call. That presentation can be obtained from ...
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Genco Shipping & Trading ( GNK ): Q4 EPS of $0.01 beats by $0.06. Revenue of $97.1M (-25.7% Y/Y) beats by $6M. (PR)
Genco Shipping & Trading ( GNK ): Q4 EPS of $0.01 beats by $0.06 . Revenue of $97.1M (-25.7% Y/Y) beats by $6M . ( PR ) Post your comment!
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Is It Time To Buy Dry Shippers?
… DRYS ) Diana Shipping Inc. ( DSX ) Eagle Bulk Shipping Inc. ( EGLE ) FreeSeas Inc. ( FREE ) Genco Shipping & Trading Ltd. ( GNK ) Star Bulk Carriers Corp. ( SBLK ) Seanergy Maritime Holdings Corp. ( SHIP ) Paragon Shipping Inc. ( PRGN ) Excel Maritime …
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Dennis Gartman says he’s pulling back on stocks after the big run-up: "The time’s come to be defensive for the next several weeks... We shall strongly urge those who are long to become less so, ...
… who are long to become less so, taking defensive actions where necessary to reduce exposures." But Gartman still likes shipping companies , even as the sector surges , notably DRYS +7.8% , DSX +3.7% , GNK +2.8% . 1 comment!