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Overseas Shipholding Group (OSG -8.6%) takes a hit on a Q2 EPS miss today, touching a new...

Overseas Shipholding Group (OSG -8.6%) takes a hit on a Q2 EPS miss today, touching a new 52-week low of $5 early in the session before leveling out. Losses for the quarter were $1.52 per share, larger than the $1.36 per share loss projected by the Street. The company blames the miss on substantial idle time for one of its crude oil vessels, as well as a write down and higher operational expenses.

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