Home>Topics>>UPDATE 1-Star Bulk Carriers Q3 loss narrower than expected
UPDATE 1-Star Bulk Carriers Q3 loss narrower than expected
Reuters: Financial Services and Real Estate
Wed, 9 Nov 2011
Nov 9 (Reuters) - Star Bulk Carriers Corp posted a narrower-than-expected quarterly loss as the Greek drybulk carrier cut costs to overcome lower rates in a weak tanker market.
Concerns over Greek government turmoil, Italian debt, the ECB's mandate, and the sturdiness of the EFSF are complicating plans for a bailout, says Morningstar markets editor Jeremy Glaser.