Flotek (NYSE: FTK) 29.4% HIGHER; reports Q4 sales of $47.5 million, versus the consensus of $40.79 million. TBS International (Nasdaq: TBSI) 28.9% LOWER; lower since filing their 10-K with the U.S.
SEC. The company said that the state of the ocean freight market may cause the company to go into default upon the breach of any of their financial covenants.
charter ratesUnusual 11 Mid-Day Movers 03/17: (FTK) (RNIN) (UCBI) Higher; (TB...StreetInsider.com News Articles Thu, 03/17/2011 - 11:21
Little Cargo, Loads of DebtNYT > Business Wed, 11/11/2009 - 20:53
As ship owners confront plummeting charter rates from a 25 percent drop in global trade, fears have increased about the recovery of European banks with large shipping industry portfolios. |
