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Frontline Ltd. (FRO)

- NYSE
  • Mar. 28, 2012, 9:29 AM
    Shares of shipper Frontline (FRO) are upgraded to Buy from Hold at Dahlman Rose, which cites an improved market for tanker rates and a successful restructuring: "The company retains significant spot market exposure, and has resolved the balance sheet issues which served as an overhang over the shares." FRO +7.2% premarket.
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  • Mar. 20, 2012, 9:13 AM
    Frontline (FRO) -5.9% premarket after shares are downgraded to Underperform at Wells Fargo, which believes the "recent short squeeze" - FRO is up 69% in the past 10 trading days, vs. S&P up 5% - has taken valuation "well beyond a sustainable level... particularly given the fact that there has been little-to-no change in FRO’s long-term fundamentals."
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  • Mar. 20, 2012, 9:05 AM
    Premarket gainers: FMCN +8%. ZLCS +7%. WMB +4%. KORS +4%. TIF +4%.
    Losers: TRGT -16%. JASO -9%. FRO -6%. RGP -5%. ADBE -4%. GEN -4%. ALV -4%. RIO -4%. IRE -3%. MT -3%. BHP -3%. CLF -3%. AKS -3%. SDRL -3%. S -3%. ING -3%.
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  • Mar. 19, 2012, 9:05 AM
    Premarket gainers: ABVT +14%. DYN +10%. THLD +6%. NBG +6%. PWRD +4%.
    Losers: S -5%. IRE -4%. FRO -3%. AIXG -3%. ACI -3%.
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  • Mar. 16, 2012, 11:20 AM
    Shipping and tanker stocks run red hot off with Frontline (FRO +19.7%) leading the pack. Traders attribute the strong move to a momentum swing after the Baltic Dry Index finally pulled out of its death spiral earlier this year. Gainers: OSG +8.3%, SFL +5.7%, DRYS +5.9%, PRGN +4.2%.
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  • Mar. 15, 2012, 10:12 AM
    Frontline (FRO +6%) shares move on comments from executive Jens Jensen that the oil tanker market has picked up sharply in recent weeks, helped by high activity from ships transporting oil to China. "We see an incredible amount of fixtures from the Persian Gulf at the moment, so there is really a lot of activity in the tanker market," Jensen says.
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  • Mar. 15, 2012, 9:04 AM
    Premarket gainers: ITMN +15%. NCT +9%. FRO +6%. MBI +5%. RVSN +5%. STM +4%. CREE +3%. FCEL +3%. HMC +3%. AMD +3%.
    Losers: GES -11%. YONG -11%. VRA -5%. PER -5%. GBG -4%.
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  • Feb. 21, 2012, 3:58 PM
    Frontline (FRO +8.6%) is raised to Outperform with a new $5.50 target price from $4.20 at FBR Capital, which sees limited downside risk at current levels with a restructured FRO having successfully reduced debt, managed new-build commitments, ensured lower rates for chartering arrangements, and the company's intention to steer a conservative course.
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  • Feb. 21, 2012, 9:07 AM
    Premarket gainers: CORT +61%. THLD +59%. PBH +24%. CTIC +11%. CHG +10%. STM +8%. SWC +8%. JASO +7%. WYNN +6%. IVAN +6%. SSN +5%. YGE +5%. HL +4%. IRE +4%. TSL +4%. FRO +3%. M +3%. HD +3%. DANG +3%. CS +3%. STP +3%. NG +3%.
    Losers: GTXI -39%. CHTP -13%. WFT -11%. CTRP -9%. CIE -5%. NBG -5%. RIG -5%. CIEN -4%. WMT -3%.
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  • Feb. 17, 2012, 4:44 AM
    Frontline (FRO): Q4 EPS of -$4.41 may not be comparable with consensus of -$0.58, and vs. the previous quarter's loss of $2.13/share. Following its Dec. 2011 restructuring and current forward rates, the firm "should have significant strength to honor its obligations and meet the challenges created by the current very weak tanker market the next couple of years." Shares +0.8% premarket. (PR)
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  • Feb. 13, 2012, 12:03 PM
    Extending the EU oil embargo on Iran to ship insurance, so that firms can no longer cover vessels trading with the country, has emerged as key to enforcing the sanctions. As a result, major operators such as OSG and Frontline (FRO), as well as owners controlling over 100 supertankers, will stop loading cargoes from the country.
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  • Feb. 7, 2012, 9:00 AM
    Premarket gainers: CSTR +19%. CVM +11%. SPF +10%. SHPGY +5%. S +5%. AMLN +4%. NBG +4%. PRGO +3%. HGSI +3%. CLF +3%. CHU +3%.
    Losers: NSU -22%. CFX -10%. ASTX -10%. BPAX -6%. LPL -5%. THLD -5%. SBH -4%. ALU -4%. ZOLT -4%. FRO -3%. VHPM -3%. CTIC -3%.
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  • Jan. 23, 2012, 9:00 AM
    Premarket gainers: MFN +29%. CVM +10%. BVSN +9%. CHK +7%. FRO +5%. SWN +5%. CGO +3%. NBG +3%. FST +3%. DANG +3%. LYG +3%.
    Losers: FSC -4%. RIMM -4%. NFLX -3%. SIRI -3%.
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  • Jan. 18, 2012, 9:10 AM
    Premarket gainers: UEPS +31%. CVM +16%. CBRX +16%. KUTV +11%. LLTC +8%. ZLTQ +7%. NBG +7%. WFR +5%. ING +4%. FRO +4%. HEK +3%. STM +3%. YHOO +3%. OMX +3%.
    Losers: PSLV -10%. RIMM -6%. PCX -5%. CREE -4%. FAST -4%. BK -3%. BGLS -3%. GEN -3%.
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  • Jan. 17, 2012, 11:22 AM
    Frontier (FRO +5.9%) shares bounce after contracts used to bet on the cost of shipping oil yesterday advanced the most since Sept. 1; a glut of supertankers competing to load cargoes of Persian Gulf oil shrank to a 14-month low. Demand for crude before China's Lunar New Year holidays starting Jan. 23 may be helping to lift charter rates, a Frontline exec says.
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  • Jan. 17, 2012, 9:25 AM
    Premarket gainers: VQ +50%. CNVO +48%. DNN +17%. PVX +15%. TSLA +15%. ISTA +11%. EK +10%. ING +8%. AEG +8%. FRO +8%. AVL +7%. QCOR +7%. BRD +6%. NBG +6%. RBS +6%. NOK +6%. TTM +5%. JASO +5%. MTL +4%. BHP +4%. SINA +4%. RIO +4%. ASML +4%. HMA +4%. WFR +4%. GMCR +3%. TSL +3%. HL +3%. AVNR +3%. HMY +3%. NDCO +3%. CLWR +3%. BIDU +3%. TOT +3%. BSBR +3%. BUD +3%. FCX +3%. CS +3%.
    Losers: CUK -16%. CCL -15%. KGC -8%. RCL -7%. C -5%. MTG -5%.
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FRO vs. ETF Alternatives
Company Description
Frontline Ltd is a shipping company that engaged in the ownership and operation of oil tankers and oil/bulk/ore, or OBO, carriers, which are configured to carry dry cargo. It operates oil tankers of two sizes: VLCCs and Suezmaxes.
Sector: Services
Industry: Shipping
Country: United States