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KVH Industries Q1 2010 Results

Apr 23, 2010

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…

Keppel Q1 Results

Apr 23, 2010

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 Completes Initial Public Offering

Apr 09, 2010

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…

Pipavav Shipyard Fund Raising Plan

Apr 08, 2010

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 Prices Public Offering

Apr 08, 2010

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 2009 Results

Apr 06, 2010

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 Company Update

Mar 23, 2010

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…

OSX Brasil Slashes Public Offering

Mar 19, 2010

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 Prospers Despite Tough Conditions

Mar 19, 2010

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 Announces $65M Profit for 2009

Mar 18, 2010

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…

Bourbon 2009 Financial Results

Mar 18, 2010

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…

Bourbon 2009 Financial Results

Mar 18, 2010

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…

Record-Breaking Profits for Rafael in 2009

Mar 18, 2010

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…

Tsakos Q4 & 2009 Results

Mar 18, 2010

2009 Highlights:- Voyage revenues of $444.9 million versus $623.0 million in 2008 - Income of $47.8 million (before vessel impairment charges of $19.1 million) versus $202.9 million (no impairment charge) in 2008 - EPS of $0.77 (diluted) ($1…

Statoil Initial Public Offering

Mar 18, 2010

Statoil's Board of Directors (OSE: STL, NYSE: STO) has decided to start a process to list its energy and retail business on the Oslo Stock Exchange. Further to the announcement made on the 3rd of February 2010, Statoil's Board of Directors has…

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