Genco Shipping & Trading Ltd. (GNK) Posts Q4 Loss of $1.06/Share
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 4/24/2024
- Wall Street closes higher as investors digest earnings, megacap outlook
- Tesla touts acceleration of new models, but Q1 results fall short of estimates
- JPMorgan is worried about further S&P 500 sell-off potential
- Oil rises as dollar slips, focus shifts to economic data
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Fisker (FSR) Appoints Michael Healy as Chief Restructuring Officer
- Seagate Technology (STX) Enters $600M Asset Purchase Agreement with Avago
- China acquired top-end Nvidia AI chips despite recent US ban- Reuters
- Wolfe Research Downgrades Warner Brothers Discovery (WBD) to Underperform, 'out of concern that an incipient advertising downturn put guidance at risk'
- Forward Air (FWRD) Appoints Shawn Stewart as CEO
- After-hours movers: Tesla, Texas Instruments, Seagate, Visa and more
- Midday movers: PepsiCo, JetBlue fall; GM, Danaher and UPS rise
- After-hours movers: Cadence Design Systems, Cleveland-Cliffs, Riot Platforms, and more
- Midday movers: Tesla, Li Auto and CNH Industrial fall; Salesforce rises
- Midday movers: Netflix, Super Micro fall; Paramount Global gains
Drybulkers Rise as Genco (GNK) Grows Bullish on FY13 (DRYS) (FREE) (EGLE)
March 21, 2013 11:57 AM EDTDrybulk shippers are ripping on the session, which may have something to do with results and commentary from Genco Shipping & Trading (NYSE: GNK).
After markets closed on Wednesday, the company reported Q4 loss of $1.06 per share, wider than expectations calling for a loss of 88 cents per share. Revs of $49.25 million were also lower than expectations.
Specific guidance wasn't issued, but investors might be taking a peek at the... More
