Rally in Dry Bulk Has a Hole in It, Thinks Analyst (GNK)

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Go back to Rally in Dry Bulk Has a Hole in It, Thinks Analyst (GNK)

Streetinsider.com's Hot Lunchtime Reads 03/21: (GOOG) (DRYS) (ORCL) (SVU) (CAT)

March 21, 2013 12:13 PM EDT

The following is a list of notable articles to help get you through the lunch hour:Google's (GOOG) Schmidt Thinks Apple is Innovative Leader, Uses BlackBerry for Keyboard ->... More

Drybulkers Rise as Genco (GNK) Grows Bullish on FY13 (DRYS) (FREE) (EGLE)

March 21, 2013 11:57 AM EDT

Drybulk shippers are ripping on the session, which may have something to do with results and commentary from Genco Shipping & Trading (NYSE: GNK).

After markets closed on Wednesday, the company reported Q4 loss of $1.06 per share, wider than expectations calling for a loss of 88 cents per share. Revs of $49.25 million were also lower than expectations.

Specific guidance wasn't issued, but investors might be taking a peek at the... More