A run on shipping stocks proved the rising tide that lifted all ships in early trading on Friday, with several shipping companies opening even and then experiencing a heavy run of buying that
The Dow Jones Industrial Average rallied to a new year-to-date high of 13,221.27 then declined to 13,168.79 in afternoon trading. The NASDAQ rallied to a new year-to-date high of 3051.23 then
Retail Sales rose by a less than expected 0.4% in January. Ex-autos the gain was 0.7%. Import Prices rose 0.3% in January. Business Inventories rose by 0.4% in December. The Dow Jones Industrial
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Eagle Bulk Shipping Inc operates in the shipping and logistics industry. It is engaged in the ocean transportation of dry bulk cargoes through the ownership, charter, and operation of dry bulk vessels. The company's fleet is comprised of Supramax and Ultramax bulk carriers. The firm provides the following services: commercial operations & technical supervision; vessel maintenance & repair; vessel acquisition & sale; finance, accounting, treasury & information technology services; and legal, compliance & insurance services. It transports a broad range of major and minor bulk cargoes, including coal, grain, ore, pet coke, cement, and fertilizer.
| Website: | www.eagleships.com |
| Email: | investor@eagleships.com |
| Main Phone: | +1 203 276-8100 |
| Address: | 300 First Stamford Place |
| Address 2: | 5th Floor |
| State: | CT |
| City / Town: | Stamford |
| Country: | US |
| Postal Code: | 06902 |
| Exchange: | NGS |
| CEO: | Gary Vogel |
| Employees: | 900 |
| NAICS: | Deep Sea Freight Transportation(483111) |
A run on shipping stocks proved the rising tide that lifted all ships in early trading on Friday, with several shipping companies opening even and then experiencing a heavy run of buying that
The Dow Jones Industrial Average rallied to a new year-to-date high of 13,221.27 then declined to 13,168.79 in afternoon trading. The NASDAQ rallied to a new year-to-date high of 3051.23 then
Retail Sales rose by a less than expected 0.4% in January. Ex-autos the gain was 0.7%. Import Prices rose 0.3% in January. Business Inventories rose by 0.4% in December. The Dow Jones Industrial
The Federal Open Market Committee announced that the federal funds rate will remain at zero to 0.25% at least through late 2014 on significant downside risks from global financial stress. The Dow
The Unemployment Rate in November declined to 8.6% from 9.0% as the labor force contracts. Non-farm payrolls rose by 120,000 with private sector jobs up 140,000. The Dow Jones Industrial Average
The 20-City Composite of the S&P/Case-Shiller Housing Market Index shows that home prices rose 0.9% in July from June, but that prices are down 4.1% year over year. Consumer Confidence came in
The S&P/Case–Shiller 20-City Home Price Index rose by 1% in May, but showed a year over year decline of 4.5%. The Conference Board’s measure of Consumer Confidence remains weak in July at
Next week we focus on weak Consumer Confidence, stabilizing but depressed New Home Sales, weak Durable Goods Orders and Advanced GDP for the second quarter expected at a weak +1.8%. The U.S.
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