Star Bulk Carriers (SBLK) Posts Mixed Q2 Results; Enters Debt Repayment Deferral
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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) Prices 11.98M Common Stock Offering at $4.30/Share
September 15, 2016 9:20 AM EDTStar 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) 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
