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Ship Finance International (SFL +4.7%) shares, up 55% YTD, jump after reporting a rise in Q1...
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Thursday, May 24, 2012, 11:27 AM ETShip Finance International (SFL +4.7%) shares, up 55% YTD, jump after reporting a rise in Q1 profit on a new cash sweep agreement with tanker firm Frontline. The owner and operator of ships for the maritime and offshore industries says the VLCC tanker market has continued healthy so far in Q2, so it sees another "significant" cash sweep contribution in Q2.
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