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9 Stock's Moving In Tuesday's After Hours Session
Tuesday, November 21, 2017 - 6:44pm | 381Read More...Gainers: GameStop Corp. (NYSE: GME) shares are up 4 percent after reporting a third quarter earnings and sales beat. Third quarter adjusted EPS came in at 48 cents, 5 cents higher than estimates. Sales beat estimates by $30 million, coming in at $1.99 billion. Axalta Coating Systems LTD (NYSE:...
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DryShips Shares Sink On News Of SEC Subpoena
Wednesday, August 30, 2017 - 4:40pm | 230Read More...DryShips Inc. (NASDAQ: DRYS) has been one of the craziest stock stories of the year. With news that the company was hit with an SEC subpoena, the story isn't slowing down anytime soon. A subpoena from the SEC is requesting certain documents and information related to offerings made by the...
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Here's What Had DryShips Shares Moving Monday Morning
Monday, April 3, 2017 - 10:54am | 371Read More...Shares of DryShips Inc. (NASDAQ: DRYS) were trading lower by more than 15 percent Monday morning after the global shipping transportation company announced a new stock purchase agreement and acquisition announcement. DryShips said in a press release it reached an agreement with Kalani Investments...
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DryShips Acquires A Second Large Gas Carrier For $84 Million
Monday, March 6, 2017 - 12:45pm | 379Read More...DryShips Inc. (NASDAQ: DRYS) is the nano-cap drybulk carrier and offshore supporter that gained notoriety in 2016 for a 1,500 percent run in mere weeks. However, its reputation is turning, as the stock has seen shares plummet 95 percent since the start of 2017, likely due to investors' increasing...
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DryShips Shares Float Higher On New Investment
Tuesday, January 31, 2017 - 11:20am | 264Read More...DryShips Inc. (NASDAQ: DRYS), the nano-cap owner of drybulk carriers and offshore support vessels, dominated financial headlines last year when its stock soared from under $5 per share to above $100 share in just a few days only to give up all of the gains. Once more, it is making headlines....
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The T-12 Nasdaq Halt: When Stocks Get Called To The Principal's Office
Thursday, November 17, 2016 - 9:41am | 676Read More...Updated 8/17/2017 to include a BenzingaTV clip on Digiliti Money Group Inc (NASDAQ: DGLT) August 16 T-12 halt. DryShips Inc. (NASDAQ: DRYS) earns the title of one of Wall Street's strangest stories. The owner of drybulk carriers and offshore support vessels saw its stock trading in the low-...
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DryShips' Incredible Whale Of A Tale Of The Tape Day
Thursday, November 10, 2016 - 4:57pm | 278Read More...DryShips Inc. (NASDAQ: DRYS) is an owner of dry-bulk carriers and offshore support vessels. The stock gained more than 150 percent on Thursday after the company reported its third-quarter results after Wednesday's market close. DryShips reported that it lost $7.70 per share on revenue of $50.76...
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Ocean Rig Shares Skyrocket After Buying 40% Stake Back From DryShips
Tuesday, April 5, 2016 - 11:53am | 199Read More...Shares of DryShips Inc. (NASDAQ: DRYS) plunged more than 7 percent on Tuesday and hit a new 52-week low of $1.91 after the company announced several business updates. DryShips said that it sold 3 of its vessels, including the Fakarava, Rangiroa and Negonego and the associated bank debt, to...
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Markets End Hectic Week On Positive Note
Friday, October 24, 2014 - 5:16pm | 1129Read More...U.S. markets rose on Friday, ending a four-week slide for the major indices despite ongoing Ebola-related scares. Investors found enough positives in earnings reports from Dow listed Microsoft and Procter & Gamble to justify a triple-point gain in the Dow. The S&P 500 posted its best week...
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Baltic Dry Index Rises 5.6 Percent, Largest Since March
Tuesday, August 12, 2014 - 9:44am | 217Read More...The Baltic Dry Index provides an assessment of the price of moving the major raw materials by sea. The index is issued daily by the London-based Baltic Exchange and is not limited to Baltic Sea nations. The index on Tuesday rose 5.6 percent to 836 points based on Baltic Exchange data. Tuesday...
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Earnings Expectations For The Week Of May 19: More Big-Box Retailers
Sunday, May 18, 2014 - 5:29pm | 985Read More...Wal-Mart (NYSE: WMT) kicked off earnings season for the big retailers last week with disappointing first-quarter results. Taking their turns on the earnings stage this week are Best Buy (NYSE: BBY), Home Depot (NYSE: HD), Target (NYSE: TGT) and several more retailers. Below is a brief look at...
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How To Play The Decline In Commodities And Emerging Market Currency Prices
Friday, December 20, 2013 - 5:27pm | 649Read More...Cole Wilcox, the portfolio manager and CEO of Longboard Asset Management, has an interesting way to play the decline in commodities and emerging market currency prices. His strategy: invest in the dry bulk sector. "What's happening all over the world is a huge glutton of commodities [are]...
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Sterne Agee Reiterates Buy on DryShips
Monday, June 27, 2011 - 9:31am | 44Read More...Sterne Agee reiterated its Buy rating on DryShips (NASDAQ: DRYS). At the moment, Sterne Agee has a price target of $6 placed on the company's stock. In today's trading, DryShips added 1.16% to its value to stand around $4.01.
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Wells Fargo Upgrades DryShips To Outperform
Tuesday, June 14, 2011 - 8:52am | 20Read More...Wells Fargo has upgraded DryShips (NASDAQ: DRYS) from Market Perform to Outperform.
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Goldman Upgrades DryShips To Buy, Raises PT To $6
Friday, June 3, 2011 - 7:05am | 27Read More...Goldman Sachs has upgraded DryShips (NASDAQ: DRYS) from Neutral to Buy and has raised the price target from $5 to $6.
