According to an Apr 27 report from TradingMarkets.com, Hyundai Steel Co. (KSE;004020), South Korea's No. 2 steelmaker, said its net profit rose nearly five-fold in the first quarter from a year ago thanks to increased sales. The company earned $222…
Horizon Lines, Inc. (NYSE:HRZ) reported results for its fiscal first quarter ended March 21, 2010. On a GAAP basis, the first-quarter net loss totaled $13.2 million, or $0.43 per share, on revenue of $286.1 million. This compares with a net loss of $10…
KVH Industries, Inc., (NASDAQ:KVHI) reported financial results for the first quarter ended March 31, 2010. Revenue for the first quarter of 2010 was $28.0 million, up 53% from the quarter ended March 31, 2009. Net income for the period was $2…
The Directors of Keppel Corporation Limited advise the following unaudited results of the Group for the first quarter ended 31 March 2010:1Q 2010 Report Card 1. Net profit improved 13% to S$322 million compared to 1Q09. 2. Earnings per share of 20…
Scorpio Tankers Inc. (NYSE: STNG) announced that it has closed on its previously announced sale of 12,500,000 shares of common stock in its initial public offering, and received net proceeds of $149.6m, after deducting underwriters' discounts and offering expenses…
According to an April 7 report from Bloomberg, Pipavav Shipyard rose 1.62% to Rs 78.60 at 13:47 IST on BSE after the company's board approved raising up to Rs 178 crore by issuing convertible debentures on preferential basis.(Source: Bloomberg)
Teekay Tankers Ltd. (NYSE: TNK) announced that it has priced its follow-on public offering of 7,700,000 shares of Class A common stock at $12.25 per share. The offering is expected to close on April 9, 2010, subject to customary closing conditions…
Conrad Industries, Inc. (OTC Pink Sheets: CNRD.PK) announced its Q4 and twelve months 2009 results. For the quarter ended December 31, 2009, Conrad had net income of $2.8m and earnings per diluted share of $0.43 compared to net income of $7…
STX Europe reported on its financial standing, stating:STX FranceSTX France has recently experienced cost overruns mainly related to one of its cruise vessels under construction at its St Nazaire shipyard. The cost overrun could represent a negative deviation up to $20…
According to a report from The Wall Street Journal, OSX Brasil SA, the Brazilian shipbuilding company controlled by billionaire Eike Batista, slashed the size and price of its initial public offering, which was expected to be among the world's biggest this year…
Viking Life-Saving Equipment A/S achieved all-time-high sales of $208m, up just over six percent on 2008. The group's profit also improved slightly compared with 2008. The company’s management attributes the record performance to increased focus on cost reduction and working capital…
Topaz Energy and Marine announced its audited financial results for 2009. Topaz posted revenue of $448 million, EBITDA of $ 127 million and Net Profit of $ 65 million demonstrating year on year growth of 7%, 14% and 38% respectively. The growth…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
For 2009, Bourbon reported robust earnings driven by the growth of the Offshore Division. EBITDA excluding capital gains was up 9.4%. “The 2009 results illustrate the good increase of the offshore activity due to the growth of the fleet and to its utilization rate…
Rafael develops and manufactures advanced defense systems for the Israel Defense Forces and armed forces around the world, operating from a strong financial foundation resulting from exports to international markets. Rafael is the largest employer in Northern Israel…