Marine

DryShips Inc (NASDAQ: DRYS) fell 10.09% to $6.50 in the pre-market trading. DRYS reported downbeat quarterly profit. Jos. A. Bank Clothiers Inc (NASDAQ: JOSB) dipped 3.74% to $45.50 in the pre-market session. JOSB reported a 25% rise in its fiscal second-quarter net income. BlackRock Inc (NYSE:...

Citigroup has resumed coverage on Navios Maritime Holdings (NYSE: NM) with a Buy rating and has lowered the price target from $6.50 to $5.

US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average jumped 98 points to 11,590.00 and S&P 500 index futures rose 12.30 points to 1,217.10. Nasdaq 100 futures gained 21.25 points to 2,248.25. US stocks closed higher on...

Some of the stocks that may grab investor focus today are: Wall Street expects Jos. A. Bank Clothiers Inc (NASDAQ: JOSB) to report its Q2 EPS at $0.68 on revenue of $209.72 million. JOSB shares gained 2.78% to close at $47.27 yesterday. DryShips Inc (NASDAQ: DRYS) reported downbeat quarterly...

Shares of Diana Shipping (NYSE: DSX) are higher on the session by 2.51%, currently trading at $8.98. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the...

Shares of Ninetowns Internet Technology Group Limited (NASDAQ: NINE) gained about 0.7% after the company's Board of Directors authorized a share repurchase program, effective immediately. Shares of DryShips Inc (NASDAQ: DRYS) fell about 1% as the company is all set to report its quarterly earnings...

Barnes & Noble Inc (NYSE: BKS) is expected to report a FQ1 loss at $0.94 per share. Dollar General Corporation (NYSE: DG) is estimated to report its Q2 EPS at $0.48 on sales of $3.54 billion. The Bank Of Nova Scotia (NYSE: BNS) is projected to report its Q3 EPS at $1.13 on revenue of $4.33...

Dresser-Rand Group Inc. (NYSE: DRC) +11.65% - hearing that the company was upgraded to Add by a mid-tier analyst firm. LyondellBasell Industries (Public, NYSE: LYB) +6.00% on heavy volume. DryShips Inc. (Public, NASDAQ: DRYS) +6.23% after announcing an exchange offer of shares of Ocean Rig....

Pre-open movers US stock futures are higher this morning, as investors are awaiting July personal-income and consumer-spending data and June pending home sales. Futures for the Dow Jones Industrial Average surged 91 points to 11,370.00 and S&P 500 index futures rose 13.10 points to 1,187.60....

DryShips Inc. (NASDAQ: DRYS) today announced the commencement of an offer by its majority-owned subsidiary, Ocean Rig UDW, to exchange up to 28,571,428 new shares of Ocean Rig common stock that have been registered under the U.S. Securities Act of 1933, as amended for an equivalent number of common...

Horizon Lines (NYSE: HRZ) today announced that it has entered into a definitive agreement and secured commitments from holders of more than 99% of its 4.25% convertible senior notes due in 2012 to move forward with a modified transaction that will refinance the company's entire capital structure....

DryShips (NASDAQ: DRYS) and OceanFreight (NASDAQ: OCNF) announced today that DryShips has acquired 3,000,856 shares of OceanFreight. The shares were acquired from entities controlled by Mr. Anthony Kandylidis, the CEO of OceanFreight, under a purchase agreement entered into on July 26, 2011....

Navios Maritime Holdings (NYSE: NM) announced today that the Company and Navios Maritime Finance II Inc., its wholly owned finance subsidiary, commenced its offer to exchange up to U.S. $350.0 million of its outstanding 8 1/8% senior notes due 2019 (the "Outstanding Notes") for a like principal...

Danaos Corporation (NYSE: DAC) announced that on August 22, 2011, it took delivery of one more newly built containership, the CMA CGM TANCREDI, expanding its operational fleet to a total of 57 containerships aggregating 274,089 TEU. The CMA CGM TANCREDI, built at Shanghai Jiangnan Changxing Heavy...

International Shipholding Corporation (NYSE: ISH) announced today that Waterman Steamship Corporation, has been awarded a time charter contract with Military Sealift Command. The contract is for a firm one year period after which the Military Sealift Command will have three one-year options and one...