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Stock Market Analysis (Free subscription) | 13/11/2009
Below is a list of some of the largest stock gainers and losers so far in pre market for November 13, 2009. Check out my Hot Stocks to Watch page for the latest updates. Pre Market Stock Gainers - 11/13/09 Telestone Technologies Corp. (TSTC) - Telestone Technologies Corporation Reports Record Third Quarter 2009 Revenues and Earnings Lexicon Pharmaceuticals, Inc. (LXRX) - Lexicon Announces Positive...
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PR News Wire (Free subscription) | 12/11/2009
NEW YORK, Nov. 12 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) today announced the Company's Board of Directors declared a quarterly dividend for the three months ended September 30, 2009 of $0.125 per share. The dividend is payable on December 4, 2009 to shareholders of record as of November 23, 2009. Including the Q3 2009 dividend, General Maritime has declared cumulative quarterly...
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lloydslist.com (Free subscription) | 02/11/2009
GENERAL Maritime has emerged as a leader in introducing the next flavour of the month: using high-yield bonds to “de-lever” a company, so it could “re-lever” and buy more ships. We see no inherent flaw in the idea. In fact, it could be a money-spinner if properly implemented by the right sort of people. Peter Georgiopoulos knows this too. However, other junk bond wannabes could...
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Business Wire (Free subscription) | 30/10/2009
CINCINNATI--(BUSINESS WIRE)--Option speculators swarmed Frontline Ltd. (NYSE: FRO) on Thursday, as the stock declined in sympathy with sector peer General Maritime's (NYSE: GMR) bleak earnings report. During the course of the session, the oil tanker titan saw about 4,800 puts change hands, more than quadrupling its average daily volume of fewer than 1,100 contracts. On the flip side, FRO saw roughly...
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lloydslist.com (Free subscription) | 30/10/2009
GENERAL Maritime unveils proposed institutional private placement of $300m in high-yield bond
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PR News Wire (Free subscription) | 29/10/2009
NEW YORK, Oct. 29 /PRNewswire-FirstCall/ -- General Maritime Corporation ("General Maritime" or the "Company") (NYSE: GMR) announced today that it intends to offer $300 million principal amount of senior unsecured notes due 2017, subject to market and other conditions, in a private placement. The notes will be offered and sold in the United States only to qualified institutional...
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MarketIntelligenceCenter.com (Free subscription) | 28/10/2009
General Maritime (GMR) leads the list of top losers so far today and is now at $6.82, down $1.13 (-14.21%) on volume of 2,378,593 shares traded. Over the last 52 weeks the stock has ranged from a low of $6.40 to a high of $16.35. Shares of GMR are falling after the company reported a third-quarter profit ex-items of 3 cents per share, missing analysts' forecasts b...
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lloydslist.com (Free subscription) | 28/10/2009
GENERAL Maritime prosposed bond issue part of multi-dimensional debt restructuring
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PR News Wire (Free subscription) | 19/10/2009
NEW YORK, Oct. 19 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that it has rescheduled its third quarter 2009 conference call and webcast. The Company will hold a conference call to discuss results for the third quarter of 2009 on Wednesday, October 28, 2009 at 8:30 a.m. Eastern Time. The Company will issue financial results for the third quarter ended September...
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PR News Wire (Free subscription) | 14/10/2009
NEW YORK, Oct. 14 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) announced today that it will hold a conference call to discuss the Company's results for the third quarter of 2009 on Wednesday, October 28, 2009 at 10:00 a.m. Eastern Time. The Company will issue financial results for the third quarter ended September 30, 2009 on Tuesday, October 27, 2009 after the close of market...
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Maritime News (Free subscription) | 28/09/2009
The current financial difficulties should not lead to a lowering of standards in shipping but owners should look to increasing quality as a way of moving out of the current recession, according to the Secretary General of the International Maritime…Read at Mitropoulos warns against cutting back on vessel maintenanceFBR Research Upgrades General Maritime (GMR [...]
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PR News Wire (Free subscription) | 22/09/2009
General Maritime Corporation is a leading crude and products tanker company serving principally within the Atlantic basin, which includes ports in the Caribbean, South and Central America, the United States, West Africa, the Mediterranean, Europe and the North Sea. General Maritime also currently operates tankers in other regions including the Black Sea and Far East. General Maritime owns a fully double-hull...
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