When you linking your Twitter Account Market Wire News Trending Stocks news and your Portfolio Stocks News will automatically tweet from your Twitter account.
Be alerted of any news about your stocks and see what other stocks are trending.
Teekay Corporation (TK) flirted with too much leverage during the recent shipping downturn. Lately, shipping rates have become favorable which allows some extra income from exposure to spot rates. This has helped the company a little and provided a breather for the stock price. However, deleveraging will be in the future for a long time to come.
In theory, the holdings of partnership units in the subsidiaries should be marketable. However, Teekay did not handle the value of the Teekay Offshore units well because it sold the remaining Teekay Offshore (TOO)