NEW YORK, November 15, 2013 /PRNewswire/ --
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Today, Analysts' Corner announced new research reports highlighting DryShips, Inc. (NASDAQ: DRYS), JB Hunt Transport Services Inc. (NASDAQ: JBHT), Westinghouse Air Brake Technologies Corporation (NYSE: WAB), SEACOR Holdings Inc. (NYSE: CKH), and Nordic American Tankers Limited (NYSE: NAT). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
DryShips, Inc. Research Report
On November 4, 2013, DryShips Inc. (DryShips) reported its Q3 2013 financial results with net loss attributable to the Company of $63.9 million or $0.17 per basic and diluted share. The Company posted total revenues of $404.9 million, up 17.8% YoY during the quarter. Adjusted EBITDA totaled at $183.6 million in Q3 2013, compared to $141.0 million for the Q3 2012. George Economou, Chairman and CEO of the Company, commented, "The drybulk market continues its recovery lately in the larger asset classes and as a result, asset prices across the board, are rising. We are cautiously optimistic, expecting a sustainable recovery in 2014 and beyond and believe DryShips is well positioned to take advantage of the ensuing recovery in charter rates in the drybulk and tanker sectors." The Full Research Report on DryShips, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
JB Hunt Transport Services Inc. Research Report
On October 29, 2013, JB Hunt Transport Services Inc. (JB Hunt) announced that its Board of Directors has declared a regular, quarterly dividend on its common stock of $0.15 per common share. According to the Company, the dividend will be paid on November 29, 2013 to stockholders of record as on November 15, 2013. The Full Research Report on JB Hunt Transport Services Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Westinghouse Air Brake Technologies Corporation Research Report
On October 27, 2013, Wabtec Corp. (Wabtec) announced that Alvaro Garcia Tunonwill retire from the positions of the Company's Executive Vice President and Chief Financial Officer, effective January 1, 2014. According to the Company, Patrick D. Dugan, who joined Wabtec in 2003 and has served as Senior Vice President, Finance and Corporate Controller and as a member of the company's Executive Office, since January 2012, will succeed Alvaro Garcia Tunon. Albert J. Neupaver, Wabtec's Chairman and CEO, said, "Alvaro has been a true business partner throughout his Wabtec career, and we want to thank him for his service to the company. During his tenure as CFO, Wabtec has had unprecedented growth, with sales increasing more than threefold and earnings increasing more than sevenfold. As a result, our stock price has appreciated each year in that period, increasing by more than a factor of 10. We're pleased Alvaro will continue to be involved to ensure a smooth transition, and to provide expertise and counsel on a variety of strategic opportunities." The Full Research Report on Westinghouse Air Brake Technologies Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
SEACORHoldings Inc. Research Report
On November 6, 2013, SEACORHoldings Inc. (SEACOR) announced that it has agreed to sell $200 million aggregate principal amount of its 3.00% convertible senior notes due 2028 to qualified institutional buyers. The Company informed that it has granted the initial purchasers an option to purchase up to an additional $30 million aggregate principal amount of its convertible notes. According to SEACOR, it expects the offering to close on November 13, 2013, subject to customary closing conditions. SEACOR estimates a net proceeds of c.$194.3 million after deducting the initial purchasers' discounts and commissions and estimated offering expenses payable by the Company, and expects to use the same for general corporate purposes. The Full Research Report on SEACOR Holdings Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
Nordic American Tankers Limited Research Report
On November 11, 2013, Nordic American Tankers Limited (NAT) reported its Q3 2013 financial results with net voyage revenue of $22.5 million, up 45.6% YoY. The Company posted net loss of $19.2 million or $0.29 per basic share in Q3 2013, compared with that of $23.3 million or $0.44 per basic share in Q3 2012. During the quarter, the Company had a positive operating cashflow of $2.5 million, compared to a negative operating cash flow $10.6 million in Q2 2013. Additionally, the Company informed that it in October 2013, it has declared a dividend of $0.16 per share, payable on or about December 11, 2013 to shareholders of record as of November 29, 2013. The Full Research Report on Nordic American Tankers Limited - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
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