Star Bulk Carriers (SBLK) Prices 11.98M Common Stock Offering at $4.30/Share
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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) 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
Star Bulk Carriers (SBLK) Announces $51.5M Common Stock Offering
September 14, 2016 4:03 PM EDTStar Bulk Carriers Corp. (Nasdaq: SBLK) announced it plans to make an underwritten public offering for $51.5 million gross proceeds of its common stock. The Company intends to use the net proceeds from the offering for general corporate purposes. Oaktree Capital Management, L.P., Caspian Capital LP... More