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TRMD vs. ETF Alternatives
Monday, Jun 1012:45 PM
Thursday, Jun 612:45 PM
Tuesday, May 1412:45 PM
Tuesday, May 149:10 AM
Friday, May 1012:52 PM
Thursday, May 912:46 PM
Wednesday, May 83:03 PMShares in Danish tanker group Torm (TRMD +122%) are ripping today after blowing away Q1 estimates, posting results that showed its first return to quarterly operating profits since 2011 and the best tanker freight rates in four years. The shipper, who was on the verge of bankruptcy until a restructuring and deal with creditors last year, said spot tanker rates on the various sized tankers were up between 20% - 30% or more versus the previous year. |Wednesday, May 83:03 PM| Comment!
Wednesday, May 812:53 PM
Wednesday, Jan 3012:45 PMMidday top 10 gainers: MERU +40%. CWBC +21%. BIOC +19%. MGAM +17%. FSL +17%. HTCH +17%. DLHC +17%. CPNO +14%. USAK +14%. IBCP +14%.
Midday top 10 Losers: VTUS -21%. KTCC -18%. MTOR -16%. HA -13%. ATTU -12%. CODE -12%. CEVA -12%. AUDC -11%. TRMD -10%. UPI -9%. |Wednesday, Jan 3012:45 PM| 3 Comments
Monday, Jan 2812:45 PM
Tuesday, Nov 12011, 11:08 AMDanish shipping company Torm A/S (TRMD -11.2%) gets slammed after the company warns - for a second time - that its FY11 results will be lower than expected due to pressure on freight rates and continued global economic uncertainty. The shipper now expects to lose around $175M - $195M, compared to earlier guidance of a loss between $100M - $175M. |Tuesday, Nov 12011, 11:08 AM| Comment!
Thursday, Oct 62011, 2:52 PM