Wells Fargo Downgrades DryShips (DRYS) to Market Perform, Cuts Numbers
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Global Hunter Securities Downgrades DryShips (DRYS) to Neutral, Earnings Worsen
November 16, 2012 8:56 AM ESTGlobal Hunter Securities downgraded DryShips (NASDAQ: DRYS) from Buy to Neutral following Q3 results.
The firm comments, "DryShips, Inc. (DRYS) reported Q3 results below both our expectations and consensus as ORIG incurred significant drilling rig expenses. Furthermore, as legacy dry bulk charters... More
DryShips (DRYS) Sinks on Large Q3 Miss, Additional Collateral Requirements
November 15, 2012 10:46 AM ESTAnalysts at Wells Fargo weighed in on shipper DryShips (NASDAQ: DRYS) following the company's large Q3 miss which then said stemmed largely from higher-than-expected drilling rig operating expenses and lower-than-expected dry bulk/tanker revenues.
DryShips, without disclosing names, announced that its 65% owned... More
