Star Bulk Carriers (SBLK) Announces $51.5M Common Stock Offering
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Jefferies Raises Price Target on Star Bulk Carriers (SBLK) Following 2Q EPS Beat
September 16, 2016 8:01 AM EDTJefferies reiterated a Buy rating on Star Bulk Carriers (NASDAQ: SBLK), and raised the price target to $6.00 (from $5.00), following the company's 2Q earnings report. SBLK reported adjusted EPS loss of ($0.69), which was ahead of the Street's estimate of ($0.74).
Analyst Douglas Mavrinac commented,... More
Star Bulk Carriers (SBLK) Prices 11.98M Common Stock Offering at $4.30/Share
September 15, 2016 9:20 AM EDTStar Bulk Carriers Corp. (Nasdaq: SBLK) announced that it has priced its underwritten public offering of 11,976,745 of its common shares at a price of $4.30 per share. The offering is expected to close on September 20, 2016, subject to customary conditions. The Company intends to use the net proceeds from the offering for general corporate purposes.
Oaktree Capital Management, L.P.... More
Star Bulk Carriers (SBLK) Said to Price Stock Offering at $4.30/Share - Bloomberg
September 15, 2016 9:13 AM EDTStar Bulk Carriers (NASDAQ: SBLK) said to price its $51.5 million common stock offering at $4.30 per share, according to Bloomberg. SBLK last closed at $4.68.
... MoreStar Bulk Carriers (SBLK) Posts Mixed Q2 Results; Enters Debt Repayment Deferral
September 14, 2016 4:08 PM EDTStar Bulk Carriers (NASDAQ: SBLK) reported Q2 EPS of ($0.69), $0.03 worse than the analyst estimate of ($0.66). Revenue for the quarter came in at $52.65 million versus the consensus estimate of $41.26 million.
As of August 31, 2016 we have entered into Restructuring Letter Agreements (the "RLAs") with all 15... More
