Market Currents
Jefferies slashes its price target on Overseas Shipholding Group (OSG) down to $1 from $3 after...
-
Tuesday, October 23, 2012, 7:38 AM ETJefferies slashes its price target on Overseas Shipholding Group (OSG) down to $1 from $3 after the company warned it might have to file for bankruptcy. The dire news from the company also rattled other tanker stocks yesterday - including Teekay (TK), StealthGas (GASS), and Scorpio Tankers (STNG) - as smooth sailing doesn't look likely with oil demand below forecasts.
Other date
Latest Consumer Articles
