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Imperial Petroleum Inc. Announces Pricing of $60.0 Million Registered Direct Offering
Globenewswire· 2025-11-28 14:05
ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Imperial Petroleum Inc. (NASDAQ:IMPP) ("Imperial Petroleum" or the "Company"), a ship-owning company providing petroleum products, crude oil, and drybulk seaborne transportation services, today announced that it has entered into a securities purchase agreement with two institutional investors for the sale of 9,523,900 shares of the Company’s common stock (or pre-funded warrants in lieu thereof) and accompanying Class F warrants to purchase up to 9,523,900 sh ...
Rubico Inc. Announces Reverse Stock Split
Globenewswire· 2025-11-28 13:30
ATHENS, Greece, Nov. 28, 2025 (GLOBE NEWSWIRE) -- Rubico Inc. (Nasdaq: RUBI) (the “Company” or “Rubico”), a global provider of shipping transportation services specializing in the ownership of vessels, announced today that its board of directors (the “Board”) has determined to effect a 1-for-30 reverse stock split (the “Reverse Stock Split”) of the Company’s issued common shares, par value $0.01 (the “Common Shares”), effective at the opening of trading on December 2, 2025. Reverse Stock SplitThe Reverse St ...
Why China’s Ports Empire Has the US Worried
Bloomberg Originals· 2025-11-28 09:00
Every year, China imports about 66,000 metric tons of these. That's the weight of about 6.5% Parisian landmarks. Or if you like, 440 blue whales.And most of these avocados come all the way from Peru. This journey used to take over a month. Now it's a straight shot.Cutting it by ten days. Why. One word: megaport.And it's paid for by China. Chinese President Xi Jinping begins a week-long South America tour, opening a China funded megaport in Peru. This is a huge investment not only for Peru but in Latin Ameri ...
Frontline plc (FRO) Falls After Missing Profit Estimates in Q3
Yahoo Finance· 2025-11-28 01:12
The share price of Frontline plc (NYSE:FRO) fell by 6.67% between November 19 and November 26, 2025, putting it among the Energy Stocks that Lost the Most This Week. Frontline (FRO) Falls After Missing Profit Estimates in Q3 Frontline plc (NYSE:FRO) is a shipping company that engages in the ownership and operation of oil and product tankers worldwide. Frontline plc (NYSE:FRO) fell heavily after announcing its third-quarter results on November 21, with the company’s adjusted earnings of $0.19 per share f ...
Are Markets Open On Thanksgiving? Here's What's Open And What's Closed On November 27 - CVS Health (NYSE:CVS), Costco Wholesale (NASDAQ:COST)
Benzinga· 2025-11-27 11:31
Group 1: Thanksgiving Closures - Most federal and financial institutions will pause operations on Thanksgiving Day, including banks, post offices, and the stock market (NYSE and Nasdaq) [2] - Major shipping carriers such as United Parcel Service Inc. and FedEx Corp. will suspend standard pickup and delivery services on this day [2] - Retail giants like Walmart Inc., Target Corp., Costco Wholesale Corp., Macy's Inc., and Kohl's Corp. will remain closed on Thanksgiving Day [3] Group 2: Thanksgiving Openings - Many grocery chains, including Kroger Co., Whole Foods, and Sprouts Farmers Market Inc., will be open on Thanksgiving, albeit with reduced hours [4] - Select pharmacies like CVS Health Corp. and Walgreens will operate, but customers should check local store hours as pharmacy counters may be closed [4] Group 3: Black Friday Operations - Business operations will resume on Black Friday, November 28, with banks and post offices reopening for regular service [6] - The stock market will open but will close early at 1 p.m. ET on Black Friday [6] - Major retailers, including Walmart and Target, will open at 6 a.m. for Black Friday deals, marking the start of the shopping season [6]
Knight-Swift Transportation: Well-Positioned Fundamentals Highlight Its Cheapness
Seeking Alpha· 2025-11-27 03:01
Core Insights - The logistics sector has seen significant engagement from investors, particularly in the ASEAN and US markets, highlighting its growth potential [1] - The diversification of investment portfolios has become a trend, with a shift from traditional savings in banks and properties to stock market investments [1] - The popularity of insurance companies in the Philippines since 2014 indicates a growing interest in financial products beyond conventional investments [1] Investment Focus - The current focus includes banks, telecommunications, logistics, and hotels, indicating a strategic approach to sector selection [1] - The entry into the US market in 2020 reflects a broader strategy to capitalize on international investment opportunities [1] - The use of platforms like Seeking Alpha for analysis and knowledge sharing demonstrates the importance of research in making informed investment decisions [1] Market Trends - The trend of investing in blue-chip companies has evolved into a more diversified portfolio across various industries and market capitalizations [1] - The shift towards holding stocks for retirement alongside trading for profits illustrates a balanced investment strategy [1] - The comparison of analyses between the US and Philippine markets suggests a comprehensive approach to understanding market dynamics [1]
Seadrill: Disappointing Quarter But Improving Medium-Term Prospects (SDRL)
Seeking Alpha· 2025-11-26 22:17
Core Insights - The article discusses the performance and investment strategies of a research team that has achieved significant returns in various market conditions, particularly in the energy, shipping, and offshore sectors [1]. Company Insights - Seadrill Limited (SDRL) is highlighted as a company of interest, with the article serving as an update to previous analyses [2]. - The analyst has a historical focus on technology stocks but has expanded coverage to include the offshore drilling and supply industry, as well as the shipping industry [3]. Industry Insights - The research team claims an annualized return of almost 40% over the past decade, with a long-only model portfolio return exceeding 23 times [1]. - The article emphasizes the importance of steady dividend payouts for lower-risk investment options within the energy and shipping sectors [1].
Global Events Unfold: Trump Boycotts G20, Uber Outlook Positive, White House Shooting Reported
Stock Market News· 2025-11-26 20:08
Group 1: Political Developments - U.S. President Trump announced a boycott of the upcoming G20 summit in South Africa, citing "severe human-rights abuses against Afrikaners" including killings and land seizures [2][3] - Trump stated that South Africa blocked a U.S. Embassy representative from receiving the G20 presidency handover, leading to punitive measures including barring South Africa from the 2026 G20 in Miami and halting all U.S. payments and subsidies to Pretoria [3] Group 2: Corporate Developments - S&P Global upgraded its outlook for Uber Technologies Inc. (UBER) to Positive from Stable, reflecting confidence in the company's strong organic growth and increasing cash flows, with potential for a further credit rating upgrade in the next 12-24 months [4] - FedEx (FDX) plans to cut 856 jobs in Texas due to a key customer moving its business, highlighting competitive pressures in the shipping industry [10] Group 3: Economic Indicators - Brent Crude futures settled at $63.13 per barrel, up $0.65 or 1.04%, while U.S. Crude Oil futures rose $0.70 or 1.21% to $58.65 per barrel, indicating a slight strengthening in oil prices amidst global market dynamics [7]
Safe Bulkers(SB) - 2025 Q3 - Earnings Call Presentation
2025-11-26 15:00
Q3 2025 EARNINGS PRESENTATION 1 MV EFROSSINI EEDI-PHASE 3 – IMO NOx TIER III KAMSARMAX DELIVERED APRIL 2025 This presentation contains forward-looking statements (as defined in Section 27A of the Securities Act of 1933, as amended, and in Section 21E of the Securities Exchange Act of 1934, as amended) concerning future events, the Company's growth strategy and measures to implement such strategy, including expected vessel acquisitions and entering into further time charters. Words such as "expects," "intend ...