Tag: OCR

  • Losers in Services Sector: Genco Shipping & Trading (NYSE:GNK), Omnicare (NYSE:OCR), Navios Maritime (NYSE:NM), Renren (NYSE:RENN)

    On February 18, 2014, Genco Shipping & Trading Limited (NYSE:GNK) and the other parties under that certain Loan Agreement, dated as of August 20, 2010, by and among the Company, the various lenders and other parties named therein, and Crédit Agricole Corporate and Investment Bank, as Agent and Security Trustee (the “$100 Million Term Loan Facility”), entered into a Limited Waiver of Default (the “Waiver Agreement”). Genco Shipping & Trading Limited (NYSE:GNK) stock opened at $1.65 in last session, and closed at $1.37, while the day range of GNK stock is $1.29 – $1.65. The stock showed a negative weekly performance of -27.51%.

    Shares of Omnicare Inc. (NYSE:OCR) slumped in heavy trading on Feb. 19 after the Cincinnati-based company reported fourth-quarter earnings. Omnicare, Inc. (NYSE:OCR) stock opened at $61.78, in last session and closed at $60.98, by losing -5.52%. The 52 week range of OCR is $36.31 – $64.87. Company’s market capitalization is $6.28billion.

    Navios Maritime Holdings Inc. (NYSE: NM), led by Chairman and CEO Angeliki Frangou, members of the company’s leadership team and guests, Mr. Luis Almagro, Minister of Foreign Affairs of Uruguay, and Mr. Mario Bergara, Minister of Economy and Finance of Uruguay, will visit the New York Stock Exchange and ring. Navios Maritime Holdings Inc. (NYSE:NM) stock decreased -11.74% and finished the last session at $8.72. The EPS of the stock remained 1.01. Company’s market capitalization is $901.42million.

    Renren Inc. (NYSE:RENN) was a big mover last session, as the company saw its shares rise over 11% on the day. The move came on solid volume too with far more shares changing hands than in a normal session. Renren Inc (NYSE:RENN) stock opened the session at $3.73, and closed the session at $3.55. The 52 week range of the RENN stock remained $2.52 – $4.62 and the day range was $3.48 – $3.75.