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DryShips Inc. News

DryShips Is Sailing After Buyout Deal for $5.25 a Share

Under the deal, SPII, which is controlled by company Chairman and CEO George Economou, will shell out $5.25 for the remaining shares of DryShips stock it does not already own.

Greek Carrier DryShips Soars After Receiving Buyout Proposal

The Greek shipping company receives a non-binding offer letter from SPII Holdings, which is controlled by DryShips Chairman and CEO George Economou.

Adobe Systems, Salesforce.com, Cummins: 'Mad Money' Lightning Round

Jim Cramer is bullish on Adobe Systems, Salesforce.com, Cummins. He's bearish on ConocoPhillips, Dryships.

The Kids Are Taking Over the World: Cramer's 'Mad Money' Recap

Jim Cramer says too many companies don't understand milliennials as a consumer group -- and it's killing traditional retail.

DryShips Stock Rises After Paying Off its Commercial Loan Facility

The commercial loan facility totaled $15.2 million.

Breaking News

Morgan Stanley Stock Leads Gains As Banks Boost Dividends After Fed Stress Tests

Morgan Stanley, Wells Fargo, Bank of America and Goldman Sachs will lift their quarterly dividend, while JPMorgan will hold its steady following last week's Fed stress tests.

Nike Stock Slides As As Margin Pressures, China Worries Offset Q4 Earnings Beat

"We think we're well positioned for growth in fiscal year 2023 ... having said that, we did take a cautious approach to Greater China," said CFO Matthew Friend.

New Tesla Product Is a Wish for Fans Hit by Inflation

The manufacturer of premium and high-end electric vehicles became the most profitable American carmaker in the first quarter of 2022.

Walgreens Stock Slides As Group Scraps Plan to Sell UK-based Boots

"As a result of market instability ... no third party has been able to make an offer that adequately reflects the high potential value of Boots," Walgreens said.