Shares of containership operator Danaos Corporation (NYSE: DAC) hit a reef and sank 20.5% through 12:20 p.m. EST Tuesday, one day after the company informed the SEC of a massive share sale by its second-largest shareholder. Yesterday after close of trading, TheFly.com reported that someone had placed a "block trade" order to sell 3.1 million shares of Danaos at any price offered between $11 and $12. After all, Danaos closed trading yesterday at nearly $15 a share.
Hess Corp on Thursday reported first-quarter earnings well above analysts' forecasts, driven by a 28% increase in Guyana oil output, a sign Exxon Mobil's results out Friday could also top forecasts. Last October, Hess agreed to sell itself to Chevron for $53 billion in stock, but the deal has been stalled by a regulatory review and challenged by Exxon, which claims a right to Hess's Guyana assets.
When a stretch of road connecting Niagara Falls and Niagara-on-the-Lake was closed for 10 years, what’s another month or so? Concession 6/Mewburn Road is going to be closed from April 25 to May 30 for reconstruction. The roadway's narrowness means it needs to be closed entirely to facilitate the work and shorten the time the road will be closed, the town of Niagara-on-the-Lake says. The work is the continuation of a project that started last year. The reconstruction was delayed last September be
Russian President Vladimir Putin has reminded prosecutors that seizing assets and turning them over to state ownership is only justified in cases where failing to act might jeopardise Russia's national security. Many assets in Russia have changed hands in the last two years. Hundreds of foreign companies left Russia after Moscow sent its troops into Ukraine in February 2022, in some cases selling cheaply to local management.
The body will try to restore order and form a new government in the nation wracked by gang violence.
Khaled Hajsaad, 24, wore the clothing at a pro-Palestine rally in Trafalgar Square on November 25, 2023.
In this article, we discuss the 25 richest billionaires in logistics industry. To skip the detailed analysis of the logistics industry, go directly to the 5 Richest Billionaires in the Logistics Industry. Global Logistics Industry: An Outlook The global logistics industry has grown rapidly since the evolution of the e-commerce industry and fast-paced globalization. This has led to an […]
The Interpublic Group of Companies, Inc. (NYSE:IPG) Q1 2024 Earnings Call Transcript April 24, 2024 The Interpublic Group of Companies, Inc. misses on earnings expectations. Reported EPS is $0.2977 EPS, expectations were $0.36. IPG isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details […]
Bill Belichick will be sitting in with Pat McAfee and the boys on the "The Pat McAfee Show Draft Spectacular" from the first round in Detroit.
The idea was proposed after colleges asked for $128 million to freeze tuition rates, but lawmakers could only offer a fraction.
What impact will Labour's pledge to nationalise the railways have?
Stable Financial Position Amid Economic Challenges, Focus on Strategic Growth
The former GB News host must pay a hefty sum to Drag Race UK competitor Crystal and charity trustee Simon Blake.
Unions met the company on Thursday with another plea not to press ahead with proposals for its Port Talbot plant which will lead to job losses.
Members of The Blue Mountains council would like to see more information about the town’s heritage and cultural assets. At a recent meeting, council unanimously approved a resolution brought forward by Coun. Paula Hope concerning the community’s heritage and cultural assets. The resolution stated: “Whereas the Town of The Blue Mountains is blessed with many undocumented cultural and heritage assets; Be it resolved that council direct staff to prepare a report to establish the process by which al
The New York State Court of Appeals overturned Harvey Weinstein's 2020 rape conviction. Here's what that means and what happens next.
Hamas video of hostage prompts protests, as Israeli authorities prepare for ground assault on Rafah
New York court says Hollywood mogul, who remains in prison on other charges, did not receive a fair trial.
AstraZeneca stock bolted higher Thursday — and is now within striking distance of a breakout — after its cancer drugs propelled a sales beat.
Mrs Justice Collins Rice says the actor's comments were "gross, groundless and indefensible".
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