<< Read Full Article
<< Read Full Article
Updated from 10:46 a.m. EDT
Shipping stocks couldn't rise above the surface Wednesday, with a smattering of data and recent analyst action doing little to help their cause.
Reuters, citing data from Genscape, reported that U.S. coal supplies rose 1% from a week ago, and 17% from the same period in 2008. "Coal shipments continue their rapid drop from western and eastern coal basins, but consumption still cannot keep up, and stockpiles in every region are building," Reuters quoted Genscape as saying.
In other news, analysts with TSC Ratings have downgraded Excel Maritime Carriers(EXM Quote) to sell from hold. The stock fell 6.5% to $6.78. ...
Recent Comments
| Dow Jones | S&P 500 | NASDAQ | 10-Year Note | |
|---|---|---|---|---|
| 10,467.65 | 1,110.31 | 2,211.92 | 36.05 |
Oil *
72.25
|
|
DOWN
33.40
|
DOWN
3.80
|
DOWN
0.18
|
UP
0.59
|
10 Yr
3.60%
SPDR Gold
110.16
|
|
-0.32%
|
-0.34%
|
-0.01%
|
+1.66%
|
Data delayed 20 minutes |
Connect with TheStreet