Expeditors' (EXPD) acquisition of Fleet Logistics' Digital Platform is likely to support the online LTL shipping platform.
Weakness in the railcar leasing market and below-par performance of the Rail International segment put pressure on GATX.
Zacks.com featured highlights include: Scorpio Tankers, 21Vianet and Ardmore
To restore confidence among fliers in the current scenario, United Airlines (UAL) launches United CleanPlus program.
Studies show that a majority of successful stocks have seen acceleration in earnings before a positive stock price movement.
Scorpio Tankers Inc. (STNG) (the “Company”) announced today that it has priced its public offering (the “Offering”) of $25 million aggregate principal amount of fixed rate senior unsecured notes due 2025 (the “Notes”). The Company may redeem the Notes in whole or in part, at the Company’s option, at any time (i) on or after June 30, 2022 and prior to June 30, 2023, at a redemption price equal to 102% of the principal amount to be redeemed, (ii) on or after June 30, 2023 and prior to June 30, 2024, at a redemption price equal to 101% of the principal amount to be redeemed, and (iii) on or after June 30, 2024 and prior to maturity, at a redemption price equal to 100% of the principal amount to be redeemed, in each case plus accrued and unpaid interest to, but excluding, the redemption date.
Scorpio Tankers, Inc. (STNG) (the “Company”) announced today that it has closed a previously announced credit facility with a group of European financial institutions. In May 2020, the Company executed an agreement for a loan facility of up to $225.0 million with a group of European financial institutions. This loan facility consists of a $150.0 million term loan facility and $75.0 million revolving credit facility.
Ryanair (RYAAY) faces dwindling air-travel demand due to the COVID-19 pandemic. Nevertheless, its liquidity position is impressive.
High debt levels and weak used truck segment are worrisome. However, Werner's (WERN) cost cutting measures are impressive.
Scorpio Tankers, Inc. (STNG) (the “Company”) announced today that Scorpio Services Holding Limited (“SSH”), a related party, has purchased 100,000 common shares of the Company at an average price of $17.36 per share in the open market. The Company currently has 58,672,080 common shares outstanding, of which the Scorpio Group of companies, including SSH, owns 2,657,839 or 4.5%. Scorpio Tankers is a provider of marine transportation of petroleum products worldwide.
SkyWest (SKYW) faces dwindling air-travel demand due to the COVID-19 pandemic. However, its liquidity position is impressive.
Top Ranked Value Stocks to Buy for May 18th
Q1 2020 Scorpio Tankers Inc Earnings Call
Scorpio Tankers Inc. (STNG) (the “Company”) announced today that it plans to offer fixed rate senior unsecured notes due 2025 (the “Notes”) in a registered underwritten public offering (the “Offering”). The Company intends to use the net proceeds from the Offering for general corporate purposes and working capital. In connection with the Offering, the Company has applied to list the Notes on the New York Stock Exchange (the “NYSE”) under the symbol “SBBA.”
Hertz Global (HTZ) files for bankruptcy protection after its creditors refuse to allow further extension for clearing dues beyond May 22.
Copa Holdings (CPA) is suffering due to coronavirus-induced low air travel demand. However, low fuel costs are a respite.
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Allegiant's (ALGT) load factor tanks 6140 basis points due to slump in air travel demand due to COVID-19
Top Ranked Value Stocks to Buy for May 26th