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Shares of ocean-going oil tanker company Frontline (NYSE: FRO) surged ahead Friday, up 12.3% as of 12:55 p.m. ET, after it announced this morning that it plans to merge with Belgian rival Euronav NV (NYSE: EURN) in a $4.2 billion transaction. Although this really loo...
Gainers: Origin Agritech (SEED) +16%. Intrepid Potash (IPI) +12%. Sigma Lithium (SGML) +10%. LSB Industries (LXU) +10%. Uranium Energy (UEC) +10%. Losers: Advent Technologies Holdings (ADN) -9%. Zymergen (ZY) -9%. Houston American Energy (HUSA) -9%. Cadiz (CDZI) -9%. Frontline (FRO)...
Euronav (NYSE:EURN) jumped as much as 11% while Frontline (NYSE:FRO) fell as much as 6% Thursday after the shipping firms announced a proposed $4.2B merger that would create the world's largest oil tanker fleet. Other tanker stocks also are moving higher, including Nordic American Tankers (NA...
InvestorPlace - Stock Market News, Stock Advice & Trading Tips Euronav (NYSE: EURN ) stock is up 10% today on news that the oil tanker will merge with rival Frontline (NYSE: FRO ) in a $4.2 billion deal. Source: Edgar Lee Espe / Shutterstock.com In announcing the dea...
A large investment from Warren Buffett brought HP (NYSE:HPQ) into the spotlight in Thursday's pre-market trading. The billionaire's Berkshire Hathaway (BRK.A) (BRK.B) has taken a stake of more than 11% in the computer and printer maker. The oil tanker industry received pre-market attention as...
Aptinyx (APTX) -52% after reports results from Phase 2b study of NYX-2925 in painful diabetic peripheral neuropathy. Vapotherm (VAPO) -22% after withdraws FY22 guidance; sees Q1 revs below consensus. Rite Aid (RAD) -18% as Deutsche Bank slashes price target to $1. Bio...
Belgian oil tanker group Euronav (NYSE:EURN) and Oslo-listed rival Frontline (NYSE:FRO) have agreed to merge in an all-stock transaction valuing the combined firm at $4.2B on a potential stock-for-stock combination between the two companies. Euronav's shareholders will own 59% of the com...
COMBINATION BETWEEN FRONTLINE LTD. AND EURONAV NV Creating a global leader in the oil tanker industry HAMILTON, Bermuda and ANTWERP, Belgium, April 7, 2022 –Frontline Ltd. (“FRO” or “Frontline”) ( NYSE: FRO - OSE: FRO ) and Euronav ...
Frontline Ltd. (“Frontline” or the “Company”) today announced that Frontline Shipping Limited (“FSL”) has agreed with SFL Corporation Ltd. (“SFL”) to terminate the long term charters for the 2004-built very large crude carriers (ȁ...
Frontline Ltd. (“Frontline” or “the Company”) announces the appointment of Mr. Jens Martin Jensen as Director. Jens Martin Arveschoug Jensen joined Seatankers Management 1 st March, 2022 – prior to that he was the CEO of Athenian Holdings. He ...
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2024-06-21 18:26:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...
2024-05-31 03:16:00 ET Stock Traders Daily has produced this trading report using a proprietary method. This methodology seeks to optimize the entry and exit levels to maximize results and limit risk, and it is also applied to Index options, ETFs, and futures for our subscribers. This...