Tag Archives: NYSE:NAT

Frontline (NYSE:FRO) Tumbles to Eight Month Low as Board Expects Worse Operating Result – FRO, SFL, GLNG, NAT

Frontline Ltd (USA) (NYSE:FRO), the world’s biggest operator of supertankers managed by billionaire John Fredriksen, traded at 8 month low level in Oslo trading after estimating deteriorating returns from carrying oil by sea.

Bloomberg compiled data confirms that shares of …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , | Comments Off

Ship Finance Terminates Charter Contract- SFL, FRO, NLY, SDRL, AGNC, CIM, NAT

Ship Finance International Limited (NYSE:SFL) reported that it decided to stop charter agreements with Horizon Lines for five vessels in return for a stake of the restructured firm and a compensation of $40 million in notes.

Ship Finance that possess …

Posted in Latest Headlines, Services | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off

Sinking stocks: Sealy Corp, North American Tankers and Johnson Controls

In this report: Sealy Corporation (NYSE:ZZ), North American Tankers Limited (NYSE:NAT) and Johnson Controls (NYSE:JCI).

Sealy Corporation (NYSE:ZZ) is trading over 21 percent lower today after the company received a downgrade following its wider than expected fourth quarter loss. The …

Posted in Latest Headlines, Reports | Tagged , , , , , , , , , , , , , , , , , , , , , , | Comments Off