News: Overseas Shipholding Group, Inc. (OSG.N)

OSG.N on New York Stock Exchange

39.66USD
10 Dec 2009
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$0.60 (+1.54%)
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Fri, Nov 13 2009

UPDATE 1-RESEARCH ALERT-FBR upgrades tankers to overweight

Nov 13 (Reuters) - FBR Capital Markets upgraded its outlook for tankers to "overweight" on expectations that the supply of vessels will fall in tune with the demand in 2010 with the phasing out of single-hull vessels and a shifting seaborne transportation landscape.

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UPDATE 1-Overseas Shipholding Q3 loss narrower than expected

Nov 2 (Reuters) - Oil transportation company Overseas Shipholding Group Inc posted a narrower-than-expected quarterly loss, partly helped by lower expenses.

UPDATE 3-Deals of the day -- mergers and acquisitions

** Julius Baer has dropped out of the race to buy ING's private banking assets in Asia, leaving HSBC as the favourite, sources with knowledge of the deal told Reuters. [ID:nSIN97619]

UPDATE 3-Deals of the day -- mergers and acquisitions

** Julius Baer has dropped out of the race to buy ING's private banking assets in Asia, leaving HSBC as the favourite, sources with knowledge of the deal told Reuters. [ID:nSIN97619]

HEADLINE STOCKS-Some U.S. stocks on the move on Sept. 24

(Updates to afternoon trading, adds Chelsea, OSG America/Overseas Shipholding, Alexandria, Altra, Gaylord, Dendreon, Franklin Electric, Conexant)

UPDATE 1-Overseas Shipholding raises offer price for OSG America

* Offer for OSG America raised by 28 percent * OSG America shares touch a new year-high * Overseas Shipholding stock down 1 percent

UPDATE 1-DHT Maritime Q1 profit falls on charge

May 19 (Reuters) - Oil tanker company DHT Maritime Inc posted a 10 percent fall in quarterly profit, hurt by a non-cash financial charge related to interest rate swaps.

BUY OR SELL-Is Nordic American a good bet in weak rate scenario?

BANGALORE, May 18 (Reuters) - Nordic American Tanker Shipping Ltd's risky spot market strategy has paid dividends to its shareholders so far, helped by the prevalence of high spot freight rates.

UPDATE 1-Tsakos Energy Q1 profit tops Wall Street view

May 18 (Reuters) - Oil tanker company Tsakos Energy Navigation Ltd posted quarterly results that beat market expectations, helped by long-term charter contracts.

UPDATE 1-Teekay Tankers posts Q4 loss on charge; cuts dividend

May 15 (Reuters) - Tanker shipping company Teekay Tankers Ltd posted a quarterly loss, hurt by an unrealized loss related to an interest rate swap, cut its dividend by 18 percent, and said it has fixed 62 percent of its operating days for 2009.

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