Star Bulk Carriers (SBLK) Posts Mixed Q2 Results; Enters Debt Repayment Deferral
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Go back to Star Bulk Carriers (SBLK) Posts Mixed Q2 Results; Enters Debt Repayment Deferral
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
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
September 14, 2016 4:03 PM EDT
Star 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
