Shipping Stocks Top Losers were NYSE: KEX, KSP, TNP
Shipping Stocks Losers by PennyStockPickalert.com.
(EMAILWIRE.COM, January 29, 2010 )
Dallas, Tx - Kirby Corporation (NYSE:KEX) went down 6.75% to $33.55 on 3.98 million shares after the company announced that for the first quarter of 2010, it expects earnings per share (EPS) guidance to be in the range of $0.42 to $0.47, including an estimated $0.04 per share charge for shore staff reductions, versus $0.52 for the 2009 first quarter. For fiscal 2010, it expects earnings per share guidance to be in the range of $1.85 to $2.20 versus $2.34 for 2009.
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K-Sea Transportation Partners L.P. (NYSE:KSP) plunged 33.53% to $9.89 on 4.09 million shares after the company posted a second-quarter loss, hurt by lower vessel utilization. Net loss for the quarter was $4.2 million, or 22 cents per limited partner unit, compared with net income of $3.6 million, or 16 cents per limited partner unit, a year ago.
Tsakos Energy Navigation Ltd. (NYSE:TNP) declined 8.13% to $16.27. The stock hit an intraday high and an intraday low of $17.66 and $16.20 respectively. In the last six months the stock went down over 3%. Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. The Company also transports liquefied natural gas (LNG).
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Dallas, Tx - Kirby Corporation (NYSE:KEX) went down 6.75% to $33.55 on 3.98 million shares after the company announced that for the first quarter of 2010, it expects earnings per share (EPS) guidance to be in the range of $0.42 to $0.47, including an estimated $0.04 per share charge for shore staff reductions, versus $0.52 for the 2009 first quarter. For fiscal 2010, it expects earnings per share guidance to be in the range of $1.85 to $2.20 versus $2.34 for 2009.
You can subscribe to these stock alerts by visiting: http://www.PennyStockPickalert.com.
K-Sea Transportation Partners L.P. (NYSE:KSP) plunged 33.53% to $9.89 on 4.09 million shares after the company posted a second-quarter loss, hurt by lower vessel utilization. Net loss for the quarter was $4.2 million, or 22 cents per limited partner unit, compared with net income of $3.6 million, or 16 cents per limited partner unit, a year ago.
Tsakos Energy Navigation Ltd. (NYSE:TNP) declined 8.13% to $16.27. The stock hit an intraday high and an intraday low of $17.66 and $16.20 respectively. In the last six months the stock went down over 3%. Tsakos Energy Navigation Limited is a provider of international seaborne crude oil and petroleum product transportation services. The Company also transports liquefied natural gas (LNG).
ABOUT http://www.PennyStockPickalert.com
Penny Stock Pick Alert provides free stock newsletters on various types of stocks. These alerts helps investors in making the wise stock market decisions. So far thousands of our subscribers have made huge gains using our daily stock alerts. We also track Shipping Stocks ,penny stocks, midcap & smallcap penny stocks. You can become leader in stock market by keeping track of the daily activity.
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PennyStockPickAlert.com
Robert Wilson
Tel: 214 556 6798
Email us
This is a press release. Press release distribution and press release services by EmailWire.Com: http://www.emailwire.com/us-press-release-distribution.php.
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