Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2016, and Announces Agreement With Its Lenders to Defer 100% of Its Debt Repayment for 25 Months to June 30,

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Go back to Star Bulk Carriers Corp. Reports Financial Results for the Second Quarter and First Half of 2016, and Announces Agreement With Its Lenders to Defer 100% of Its Debt Repayment for 25 Months to June 30,

Jefferies Raises Price Target on Star Bulk Carriers (SBLK) Following 2Q EPS Beat

September 16, 2016 8:01 AM EDT

Jefferies 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 EDT

Star 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) Posts Mixed Q2 Results; Enters Debt Repayment Deferral

September 14, 2016 4:08 PM EDT

Star 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