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Seven Bullish Transportation Stocks

Tue, 20 Oct 2009 14:55:00 GMT

The Dow Jones Transportation (DJT) Average has given an annualized return of 150% since hitting YTD (year to date) bottom on March 9, 2009.[More...]

The Long And Short Of It

Mon, 28 Sep 2009 13:53:57 GMT

Looking at tons of charts this weekend, there is similar patterns on various charts. The majority of stocks have declined the past 3 days and are nearing support of their previous break out highs. The patterns look to SPX as it has the potential to move to test its August highs, but has resistance above it from its breakout highs which it broke below.[More...]

Overseas Shipholding Group (NYSE: OSG) A True Value Play in Shipping

Wed, 24 Jun 2009 19:55:00 GMT

Overseas Shipholding Group (NYSE: OSG) a bulk shipping company that engages primarily in the ocean transportation of crude oil and petroleum products, is a good value play in the shipping sector.[More...]

Transportation - Industry Outlook

Tue, 19 May 2009 21:00:13 GMT

Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price gain/(loss) has been mixed for industries in the Zacks transportation universe -- all industries are underperforming the S&P 500’s 0.7% increase, with the exception of air freight. Air freight has been helped by large gains in smaller companies as the giants within the air freight sector, United Parcel Service, Inc. (UPS) and FedEx Corporation (FDX), are down 4.3% and 15.7% year to date, respectively. Air Freight 17.3% Equipment & Leasing 0.5% Trucking (0.7)% Shipping[More...]

Tough Times For Oil Tankers

Tue, 14 Apr 2009 15:39:05 GMT

The oversupply of oil and oil tankers and the decrease in energy demand is leading to hard landing for oil tanker rates over the next couple of quarters.[More...]

Transportation - Jan 30 2009 4:03PM

Fri, 30 Jan 2009 19:53:00 GMT

Stock performance in the transportation sector has been very uneven, reflecting the varying fortunes of particular industries within the sector. The median year-to-date-stock price has declined for all industries in the Zacks' transportation universe, as shown below, and compares to a 6.4% stock decrease for the S&P 500.??? Equip & Leasing (19.0)%?? ? Air Freight (15.0)%?? ? Trucking (12.4)%?? ? Airlines (10.7)%?? ? Railroads (8.4)%?? ? Shipping (1.3)%Among the hardest hit have been air freight and trucking, where volumes are dropping precipitously, reflecting the impact of the global economic slowdown. Shipping has done surprisingly well, outperforming the S&P 500, probably due to the fact that the stocks were so badly mauled last year, with a median 2008 price decline of[More...]

The Crude Oil Contango Trade Is Driving Up Tanker Rates

Fri, 16 Jan 2009 16:16:00 GMT

Firms are rushing to secure supertankers in order to profit from growing contango spreads as crude oil prices continue to fall compared to futures prices (see Times Online article). Frontline estimates that about 80 million barrels of crude oil are currently being stored in tankers (see Bloomberg article), with 30-35 very large crude carrier storing 2 million barrels of crude each. Not surprisingly, a rush into the contango trade is causing tanker rates to increase about $75,000 a day. In some cases, shipping rates have fallen over 90 percent within the last year, with crude oil storage rates falling nearly 80 percent. Teekay (TK) is now trading about $19 a share after coming off its recent low of just below $11, Frontline (FRO) is trading[More...]

3 Days Up: Price and Volume - Screen of the Week

Tue, 04 Nov 2008 20:57:00 GMT

Stocks features in this article are: Cninsure, Inc. (CISG), Ensign Group (ENSG), Marcus Corp. (MCS), Overseas Shipholding Group, Inc. (OSG) and Volcano Corp. (VOLC). With the market going back and forth and up and down lately, here's a simple screen for finding stocks on the move, NOW!!! I use this screen regularly to find what stocks are hot and what stocks are not. And what stocks[More...]

Overseas Shipholding Group, Inc.

Wed, 27 Aug 2008 14:56:00 GMT

Overseas Shipholding Group recently raised its dividend by 40% as shipping rates remain high. The company has surprised on estimates 2 out of the last 4 quarter by an average of 5.14%. Overseas Shipholding has a price-to-book (P/B) of only 1.1. Company Description Overseas Shipholding Group, Inc. (OSG), headquartered in New York City, transports crude oil and petroleum products around the world with a fleet of 121 vessels. As of June 30, 50% of the ships were company-owned, with the remaining bareboat or time chartered in. 35 vessels are also in the newbuild program. The company, a Zacks #1 Rank[More...]

A Global Transport Exchange-Traded Fund Strategy

Sun, 10 Aug 2008 00:45:00 GMT

Investors are currently limited to the iShares Dow Jones Transports (IYT) as a transport ETF option with net assets of $698 million and 20 component stocks (stats as of 8/8/08 from the iShares website). The top five holdings account for 43.2% of invested[More...]

Finance Partial to Converting SMC Shares

Sat, 01 Aug 2009 15:54:00 GMT

Aug. 1--The Department of Finance is partial to swapping the government's common shares in San Miguel Corp. (SMC) for preferred shares, which will earn higher dividends.
Finance Undersecretary Crisanta Legaspi said the government will earn more if it converted its 24-percent SMC interest from common to preferred, adding that the move would prevent further losses brought about by the continued decline in the value of its stake in Southeast Asia's largest food and beverage firm owing to the global financial crunch.
Last month, the government through the Office of the Solicitor General (OSG), sought the approval of the Supreme Court to sell its 24-percent stake in SMC.

: iStockAnalyst.com Symbols Feed

Seven Bullish Transportation Stocks

The Long And Short Of It

Overseas Shipholding Group (NYSE: OSG) A True Value Play in Shipping

Transportation - Industry Outlook

Tough Times For Oil Tankers

Transportation - Jan 30 2009 4:03PM

The Crude Oil Contango Trade Is Driving Up Tanker Rates

3 Days Up: Price and Volume - Screen of the Week

Overseas Shipholding Group, Inc.

A Global Transport Exchange-Traded Fund Strategy

Finance Partial to Converting SMC Shares

Rep. Arroyo Calls for Audit of 'Big 3' Oil Firms

SC Asked to Allow Sale of Govt Stake in San Miguel

Marine CNG Opens Alternate Production, Delivery Options

CORRECTING and REPLACING Overseas Shipholding Group Commences Tender Offer for Common Units of OSG America L.P. at $10.25 in Cash Per Unit

Capital Product Partners L.P. Announces Third Quarter 2009 Financial Results

Capital Product Partners L.P. Announces Cash Distribution

OSG America Announces Increase in Proposed Tender Offer Price to $10.25 Per Unit

Overseas Shipholding Group, Inc. To Increase Tender Offer Price for OSG America L.P. To $10.25 Per Unit

Overseas Shipholding Group Announces Quarterly Dividend

Overseas Shipholding Group Announces Credit Agreement With Export-Import Bank of China

Overseas Shipholding Group to Present at Jefferies Shipping Conference

Overseas Shipholding Group and Aker Sign Nonbinding Settlement Proposal

OSG to Tender Offer for Units of OSG America in September

Form 4 MERKIN SOLOMON N For: Nov 05 (10K)

Form 4 MERKIN SOLOMON N For: Nov 04 (10K)

Form 4 ANDREAS III G. ALLEN For: Sep 15 (10K)

Form 4 BERGLUND MATS For: Sep 01 (10K)

Form 4 ROBARDS THOMAS F For: Jun 09 (10K)

Form 4 OVERSEAS SHIPHOLDING For: Jun 09 Filed by: ZIMMERMAN MICHAEL J (10K)

Form 4 Vettier Jean-Paul For: Jun 09 (10K)

Form 4 RECANATI OUDI For: Jun 09 (10K)

Form 4 RECANATI ARIEL For: Jun 09 (10K)

Form 4 OVERSEAS SHIPHOLDING For: Jun 09 Filed by: PICKET JOEL I (10K)