Globus Maritime(GLBS)
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MongoDB, Vestis And 3 Stocks To Watch Heading Into Monday - MongoDB (NASDAQ:MDB)
Benzinga· 2025-12-01 07:40
With U.S. stock futures trading lower this morning on Monday, some of the stocks that may grab investor focus today are as follows:Wall Street expects MongoDB Inc. (NASDAQ:MDB) to report quarterly earnings at 80 cents per share on revenue of $591.52 million after the closing bell, according to data from Benzinga Pro. MongoDB shares rose 1.9% to close at $332.37 on Friday.Analysts are expecting Vestis Corp. (NYSE:VSTS) to post quarterly earnings at 6 cents per share on revenue of $678.30 million for the late ...
Wall Street Rallies for Fifth Straight Day, Nasdaq Snaps Monthly Win Streak on Black Friday Trading
Stock Market News· 2025-11-28 22:07
Market Performance Summary - U.S. stock markets experienced a strong finish on Black Friday, marking a fifth consecutive day of gains across major indexes, with the S&P 500 rising 0.5% to 6,849.09, the Dow Jones Industrial Average increasing 0.6% to 47,716.42, and the Nasdaq Composite climbing 0.7% to 23,365.69 [1][2] - For the week, the S&P 500 gained 3.7%, the Dow advanced 3.2%, the Nasdaq surged 4.9%, and the Russell 2000 added 5.5% [3] Monthly Performance Insights - November showed mixed results, with the S&P 500 and Dow extending their winning streaks to seven months, while the Nasdaq Composite experienced its first monthly decline since March, falling 1.5% [3] Market Drivers and Sentiment - Market optimism is driven by expectations of a Federal Reserve interest rate cut, with an 83% probability of a December cut being priced in by traders [4] - Recent economic data, including a decrease in initial jobless claims to a seven-month low of 216,000, supports the case for monetary easing [4] Notable Stock Movements - Intel (INTC) was the top performer in the S&P 500, surging 10.2% due to speculation about becoming a foundry supplier for Apple (AAPL) [6] - Nvidia (NVDA) shares declined by 1.8%, concluding November with a double-digit percentage loss, reflecting concerns about competitive threats and high valuations in the AI sector [6] - Eli Lilly (LLY) slipped 2.6% after reaching a historic $1 trillion market capitalization, driven by its weight-loss drugs [6] - Sandisk (SNDK) gained nearly 4% following its debut in the S&P 500, potentially increasing demand from index-tracking funds [6] Retail Sector Performance - Major retailers like Walmart (WMT), Target (TGT), and Amazon (AMZN) finished up approximately 1% to 2% on Black Friday, while Abercrombie & Fitch (ANF) rose 2.9% [7] Upcoming Market Events - Investors are expected to monitor key economic data releases, including Eurozone CPI data and unemployment figures, which will provide insights into the international economy [11] - Earnings announcements from companies like Globus Maritime (GLBS) and Meituan (HKG: 03690) are scheduled, which will offer insights into corporate performance [11]
Globus Maritime GAAP EPS of $0.04 beats by $0.16, revenue of $12.6M beats by $2.1M (NASDAQ:GLBS)
Seeking Alpha· 2025-11-28 19:10
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Globus Maritime Limited Reports Financial Results for the Third Quarter and Nine-Month Period Ended September 30, 2025
Globenewswire· 2025-11-28 19:00
Core Viewpoint - Globus Maritime Limited reported a gradual improvement in market rates for dry bulk shipping during Q3 2025, leading to increased revenues and a net income for the quarter, despite a net loss for the nine-month period [5][12][16]. Financial Performance - Revenue for Q3 2025 reached $12.6 million, a 41% increase from $8.95 million in Q3 2024, primarily due to a higher average number of vessels operated [15][12]. - For the first nine months of 2025, revenue was $30.8 million, an 18% increase from $26.2 million in the same period of 2024 [17]. - Net income for Q3 2025 was $0.7 million, compared to a net loss of $0.55 million in Q3 2024 [14]. - The nine-month period ended with a net loss of $2.6 million, contrasting with a net income of $2.4 million for the same period in 2024 [16]. Fleet Profile - The company operates a fleet of nine dry bulk carriers, including six Kamsarmax and three Ultramax vessels, with a total carrying capacity of 680,622 DWT and a weighted average age of 8 years [2][29]. - All vessels are currently operating on short-term time charters [4]. Operational Highlights - The average number of vessels operated increased from 6.7 in Q3 2024 to 9.0 in Q3 2025 [18]. - The Time Charter Equivalent (TCE) rate for Q3 2025 was $14,702 per day, a 6% increase from $13,867 per day in Q3 2024 [15]. - Fleet utilization was reported at 98.7% for Q3 2025, slightly down from 99.6% in Q3 2024 [18]. Management Commentary - The management expressed optimism about the market conditions, noting a positive trend in rates for midsize bulk carriers, which are currently around $15,000 to $18,000 per day [6][9]. - The company has secured financing for two new vessels scheduled for delivery in the second half of 2026, enhancing operational flexibility [7][11]. Recent Developments - The company completed the dry-docking of one vessel during the quarter, which temporarily affected utilization but was completed within expected costs [7]. - A vessel sale agreement was made for the River Globe, generating $8.55 million before commissions [9]. Debt Financing - In September 2025, the company amended its CIT loan facility, reducing the margin from 2.70% to 1.95% and extending the maturity date [10]. - The company arranged a $25 million loan facility and a $28 million sale and bareboat back agreement for its new vessels under construction [11]. Balance Sheet Overview - As of September 30, 2025, total assets were reported at $289.8 million, down from $321.0 million in 2024, with total debt at $109.8 million [28].
Chagee Holdings, Tilray Brands And 3 Stocks To Watch Heading Into Friday - Beyond Air (NASDAQ:XAIR)




Benzinga· 2025-11-28 05:57
Group 1 - Chagee Holdings Ltd. (NASDAQ:CHA) is expected to report quarterly earnings of 40 cents per share on revenue of $458.31 million [2] - Tilray Brands Inc. (NASDAQ:TLRY) announced a 1-for-10 reverse stock split, resulting in a 16% decline in shares to $0.86 in after-hours trading [2] - Analysts predict Globus Maritime Ltd. (NASDAQ:GLBS) will post a quarterly loss of 12 cents per share on revenue of $10.50 million, with shares rising 1.5% to $1.36 in after-hours trading [2] - Post Holdings Inc. (NYSE:POST) has authorized a $500 million share buyback program, leading to a 1.8% increase in shares to close at $102.82 [2] - Beyond Air Inc. (NASDAQ:XAIR) announced the resignation of CFO Doug Larson and appointed Duke Drewell as interim CFO, with shares rising 1.5% to $1.35 in after-hours trading [2]
Globus Maritime Sets Date for the Release of Third Quarter and Nine Months 2025 Results
Globenewswire· 2025-11-26 14:00
Company Overview - Globus Maritime Limited is an integrated dry bulk shipping company providing marine transportation services globally [2] - The company's fleet consists of nine dry bulk vessels with a total carrying capacity of 680,622 deadweight tons and a weighted average age of 8 years as of November 26, 2025 [2] Financial Results Announcement - The company will release its financial results for the three-month and nine-month periods ended September 30, 2025, after the market closes in New York on November 28, 2025 [1]
Stock Market Today: Dow, Nasdaq 100 Futures Slip After A Stellar Week—Fox, Oracle, Dell In Focus On TikTok Investment
Benzinga· 2025-09-22 09:43
U.S. stock futures fell on Monday following Friday’s positive moves. Futures of major benchmark indices were lower.On Sunday, President Donald Trump said media mogul Lachlan Murdoch and tech leaders Oracle Corp.‘s ORCL co-founder Larry Ellison and Dell Technologies Inc.‘s DELL CEO Michael Dell will take part as investors in a proposed deal to transfer TikTok‘s U.S. operations from Chinese parent ByteDance to American ownership. Speaking on Fox News’ Sunday Briefing, Trump praised the group and called them “ ...
Stock Market Today: Dow, Nasdaq 100 Futures Slip After A Stellar Week—Fox, Oracle, Dell In Focus On TikTok Investment - SPDR S&P 500 (ARCA:SPY)
Benzinga· 2025-09-22 09:43
Market Overview - U.S. stock futures declined on Monday after a positive performance on Friday, with major indices showing lower futures [1] - The Dow Jones index closed 173 points or 0.37% higher at 46,315.27, while the S&P 500 rose 0.49% to 6,664.36 and the Nasdaq Composite advanced 0.72% to 22,631.48 [6][7] - The S&P 500 gained 1.2% for the week, the Dow added 1%, and the Nasdaq surged 2.2% [4] Key Corporate Developments - President Trump announced that Lachlan Murdoch, Larry Ellison, and Michael Dell will invest in a deal to transfer TikTok's U.S. operations from ByteDance to American ownership [1][2] - Fox Corp. rose 4.20% as Trump considered Murdoch's involvement in the TikTok deal [16] - Oracle Corp. and Dell Technologies also saw stock increases of 0.72% and 1.11% respectively due to their executives' participation in the TikTok transfer [16] Economic Indicators - The 10-year Treasury bond yielded 4.12%, while the two-year bond was at 3.57% [3] - The CME Group's FedWatch tool indicates a 91.9% likelihood of the Federal Reserve cutting interest rates in its October meeting [3] Sector Performance - Information technology, utilities, and communication services stocks recorded the biggest gains on Friday, while energy and real estate stocks closed lower [4] - Apple Inc. saw a 3.2% increase in stock price due to strong demand for the new iPhone 17, with preorders in China surpassing those of the iPhone 16 in just one minute [5] Housing Market Insights - The latest New Residential Construction report indicated a 3.7% decline in building permits, marking the lowest level since May 2020, and an 8.5% drop in housing starts [10] - This downturn in housing data has prompted discussions about the Federal Reserve's recent rate cut and the need for a more substantial decline in mortgage rates to stimulate the housing market [11]
Globus Maritime, Firefly Aerospace And 3 Stocks To Watch Heading Into Monday - Firefly Aerospace (NASDAQ:FLY)
Benzinga· 2025-09-22 07:18
Company Performance - Firefly Aerospace Inc. is expected to report a quarterly loss of 46 cents per share on revenue of $17.25 million [2] - PRA Group Inc. announced a proposed offering of €300 million of senior notes due 2032, with shares falling 4.1% to close at $16.58 [2] - Genfit SA is projected to release earnings results for the first half of the year, with shares declining 1.2% to close at $4.33 [2] - Globus Maritime Ltd reported better-than-expected second-quarter results, with a quarterly loss of 9 cents per share, beating the consensus estimate of a loss of 18 cents per share, and quarterly sales of $9.538 million exceeding the estimate of $8.800 million; shares jumped 14.7% to close at $1.30 [2] - Marygold Companies Inc. posted a loss of 4 cents per share for the fourth quarter, an improvement from a loss of 5 cents per share a year ago, with sales falling to $7.200 million from $8.300 million; shares closed at $1.07 [2]
Globus Maritime Limited Reports Financial Results for the Second Quarter and Six-month period ended June 30, 2025
Globenewswire· 2025-09-19 20:05
Core Viewpoint - Globus Maritime Limited reported its unaudited consolidated financial results for Q2 and H1 2025, highlighting a mixed performance with a decline in net income and freight rates, but an increase in revenue due to a larger fleet size [1][7][16]. Financial Performance - Revenue for Q2 2025 was $9.5 million, slightly up from $9.5 million in Q2 2024, while H1 2025 revenue reached $18.2 million, a 5% increase from $17.2 million in H1 2024 [7][11][16]. - Net loss for Q2 2025 was $1.9 million, compared to a net income of $3.3 million in Q2 2024, and for H1 2025, the net loss was $3.35 million versus a net income of $3 million in H1 2024 [11][15]. - Adjusted EBITDA for Q2 2025 was $3.2 million, down from $4.0 million in Q2 2024, and for H1 2025, it was $5.2 million compared to $6.0 million in H1 2024 [7][11][16]. Fleet Profile - As of September 19, 2025, the company operates a fleet of nine dry bulk carriers, including six Kamsarmax and three Ultramax vessels, with a total carrying capacity of 680,622 DWT and a weighted average age of 7.8 years [2][27]. - The fleet is primarily deployed on short-term time charters, which are generally considered spot charters [4]. Market Conditions - Freight rates showed volatility in Q2 2025, with a gradual recovery observed towards the end of the quarter, although rates remained subdued compared to previous periods [5][6]. - The Time Charter Equivalent (TCE) rate for Q2 2025 was $11,444 per day, a 22% decrease from $14,578 per day in Q2 2024, attributed to unfavorable market conditions [13][16]. Strategic Outlook - The company is optimistic about the short to medium-term outlook, expecting to benefit from favorable market dynamics, healthy cargo flows, and a modest newbuilding orderbook [8]. - Plans for fleet renewal include the delivery of two additional fuel-efficient Ultramaxes currently under construction in Japan [9]. Recent Developments - The company sold the 2007-built River Globe for a gross price of $8.55 million in February 2025, with delivery to new owners completed in March 2025 [10].