Kirby Corporation today announced net earnings attributable to Kirby for the second quarter ended June 30, 2010 of $29.3 million, or $.54 per share, compared with $33.7 million, or $.63 per share, for the 2009 second quarter. Kirby's published 2010 second quarter guidance range was $.52 to $.57 per share. Consolidated revenues for the 2010 second quarter were $273.7 million compared with $272.7 million reported for the 2009 second quarter.
Kirby Corporation will announce its 2010 second quarter results at 5:00 p.m. central time on Wednesday, July 28, 2010. A conference call to discuss the results will be held at 10:00 a.m. central time on Thursday, July 29, 2010.
Kirby Corporation announced today that Joe Pyne, Kirby's President and Chief Executive Officer, will make a brief presentation on Kirby and participate in an American Jones Act Panel discussion at the Bank of America Merrill Lynch 2010 Global Transportation Conference to be held in New York, NY on Tuesday, June 15, 2010, at 2:50 p.m. eastern time.
Kirby Corporation Announces 2010 Second Quarter Results- 2010 second quarter earnings per share were $.54 compared with $.63 earned in the 2009 second quarter- 2010 third quarter earnings per share 2010 07 28 18:00
Kirby Corporation to Announce 2010 Second Quarter Results on July 28, 2010, With Conference Call on July 29, 2010PR NewswireHOUSTON, July 6HOUSTON, July 6 /PRNewswire-FirstCall/ -- Kirby Corporation 2010 07 06 11:20
The BDI, which is a measure of worldwide shipping rates, has “registered some eye-popping gains over the past month,” Time’s Jeff Israely writes. “The London-based index registered its 23rd straight daily gain on Wednesday, closing at 4,291, its highest mark since September and the longest streak of gains since July 2006.” Daily rates for large “Capesize” ships that typically carry iron ore were at $93,197 last week, Israely notes; five months ago, they were a small fraction of that,...
In 1920, people in Europe debated which country would be the next great world power. The top choices were the United States and Argentina; in 1957, an article in Foreign Affairs predicted the Soviet Union would become the dominant economic force; In the 1970s, it was Germany; in the 1980s, everyone agreed that Japan would run the world. Today looks like China /India will dominate this century. Of 1 billion people in India, less than 5 million work in manufacturing. If China is the world’s factory, India is the world’s back office. In spite of the slowdown in...
The stock market is forward looking; hence we hit the 741 level on the S&P in late November, anticipating the dismal economic numbers ranging from retail sales, jobless claims, the ISM, and GDP slowing. However, ahead of the market is the Baltic Dry Index, which is closely tied to global economic activity and was falling rapidly much before the market began to sell-off last summer. This was the indication that forced me to begin selling calls on highly valued stocks and buying puts on many of the Industrial and Commodity related names.
The Baltic Dry Index (BDI) is up over 10% to 711 in the past few weeks. It doesn’t mean much, considering it’s down over 93% for the year. In fact, if you consider this move in terms of this summer’s price high of 11,793 - it’s moved barely half a percent.
But that doesn’t mean you shouldn’t be keeping an eye on the BDI.
As oil prices put a strain on consumers, PowerShares announced the debut of its Global Progressive Transportation (PTRP), set for September 18. PTRP represents PowerShares’ response to a cost-conscious, environmentally aware set of investors, with a focus on companies that pledge to improve the energy efficiency of global transportation. With many investors reeling from financial sector woes, PTRP provides a fresh look at companies that could shape global economies in future months.
A wide range of factors pushed oil to record highs in 2008—subsequently causing investors to seek energy alternatives....
NEW YORK (Market Intellisearch) -- In today's trading session, the shares of Kirby Corporation crossed below the 50-day moving average indicating a likely bearish trend. Recent activity signals ...
By Chip Brian Kirby (NYSE:KEX) downgraded to Hold from Buy at BB&T Capital. The stock closed yesterday at $41.90 on volume of 194,800 shares, below average daily volume of 237,955. Kirby is ...
Kirby Corporation (NYSE:KEX) fell 10.07% to $37.68 after analyst at BB&T Capital downgraded the company's rating to ?Hold? from ?Buy. ? Kirby Corporation is a marine transportation and diesel ...
Kirby Corp. (NYSE: KEX | PowerRating) said it expects third quarter earnings of $0.52 to $0.57 per share and 2010 earnings of $2.03 to $2.13 per share. The company's previous guidance was 2010 ...
HOUSTON, July 28 /PRNewswire-FirstCall/ -- Kirby Corporation ("Kirby") (NYSE: KEX) today announced net earnings attributable to Kirby for the second quarter ended June 30, 2010 of $29.3 million ...
By Chip Brian Below are the top five companies in the Marine industry as measured by the short interest ratio. A higher short interest ratio may indicate the potential for a sizeable short squeeze ...
By Chip Brian Below are the top five companies in the Marine industry as measured by beta. Lower-beta stocks mean minimal volatility and are therefore generally considered to be a less risk and ...
By Chip Brian SmarTrend has detected shares of Kirby (NYSE:KEX) have bullishly opened above the pivot of $39.88 today and have reached the first resistance level of $40.39. We are watching for a ...
Kent Exploration Inc. (TSX VENTURE: KEX | PowerRating) reports that through its wholly owned subsidiary, Kent Exploration NZ Limited (together, the "Company" or "Kent"), it has received final ...
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