Board Elections, New Mobile Apps, Legal Issues, Quarterly Dividends, and New Construction Agreements - Research Report on FedEx, UPS, Diana, Werner, and Scorpio Tankers
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NEW YORK, December 18, 2013 /PRNewswire/ --
Today, Analysts' Corner announced new research reports highlighting FedEx Corporation (NYSE: FDX), United Parcel Service, Inc. (NYSE: UPS), Diana Shipping Inc. (NYSE: DSX), Werner Enterprises, Inc. (NASDAQ: WERN), and Scorpio Tankers Inc. (NYSE: STNG). Today's readers may access these reports free of charge - including full price targets, industry analysis and analyst ratings - via the links below.
FedEx Corporation Research Report
On December 9, 2013, FedEx Corporation (FedEx) announced the election of Kimberly Jabal to the Company's Board of Directors. In addition, the Board also appointed Jabal as a member of its Information Technology Oversight Committee. The Company informed that Jabal is currently the CFO at Path, Inc., a privately-held social networking company, and oversees its legal and human resources functions. The Full Research Report on FedEx Corporation - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/b24a_FDX
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United Parcel Service, Inc. Research Report
On December 12, 2013, United Parcel Service, Inc. (UPS) announced the new UPS Mobile App for Amazon's Kindle Fire tablets, providing customers another way to quickly and easily manage their holiday packages. According to the Company, the App allows customers to track and ship their packages, find nearby UPS Store locations and manage shipments through UPS My Choice - which enables consumers to reroute and reschedule their shipments for more convenient delivery. "We continue to see growth in the e-commerce market," said Alan Gershenhorn, Chief Sales, Marketing, and Strategy Officer for UPS. "Residential deliveries account for more than 40 percent of our total U.S. volume. There is growing consumer demand for both online shopping platforms and technologies like the new Amazon Kindle Fire UPS App, which we have designed to provide our customers with added accessibility, whether they are looking for the nearest The UPS Store or checking to be sure a much-anticipated holiday gift arrives in time." The Full Research Report on United Parcel Service, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/500b_UPS
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Diana Shipping Inc. Research Report
On December 5, 2013, Diana Shipping Inc. (Diana) announced that its subsidiary Diana Shipping Services SA (DSS) was sentenced by the US District Court in Norfolk, Virginia to a fine of $1.1 million and a period of probation of three years and six months as a result of a conviction in early 2013 by which the Company was held liable for the illegal acts of the M/V Thetis's Chief Engineer and 2nd Engineer. Diana said that the Chief Engineer and the 2nd Engineer were found guilty by the Court for violating several US statutes and regulations in failing to properly handle bilge wastes, maintain required records, and for obstruction of justice. Ioannis Zafirakis, Director and Treasurer of DSS said to the court that the Company has previously undertaken a comprehensive review of its existing Management System and operations, and implemented an Enhanced Environmental Management System (EEMS) to ensure that all of the vessels managed by DSS are operated in compliance with applicable maritime environmental laws and regulations. The Full Research Report on Diana Shipping Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/2a95_DSX
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Werner Enterprises, Inc. Research Report
On December 2, 2013, Werner Enterprises, Inc. (Werner) announced that its Board of Directors has declared a regular quarterly cash dividend of $0.05 per common share. According to Werner, the dividend is payable on January 21, 2014, to stockholders of record at the close of business on January 6, 2014. The Full Research Report on Werner Enterprises, Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/ad39_WERN
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Scorpio Tankers Inc. Research Report
On December 3, 2013, Scorpio Tankers Inc. (Scorpio Tankers) announced that it has entered into agreements for the construction of seven Very Large Crude Carriers (VLCCs) with Daewoo Shipbuilding and Marine Engineering Co., Ltd and Hyundai Samho Heavy Industries, for an aggregate price of approximately $652.5 million. The Company informed that amongst the seven vessels, one is scheduled for delivery in Q3 2015, two in Q4 2015, two in Q1 2016, and the remaining two in Q4 2016. In addition, the Company also announced that it has entered into an agreement with an unaffiliated third party to issue shares in exchange for the transfer of ownership to the Company of four MR product tankers currently under construction in South Korea. The aggregate purchase price of four vessels is approximately $154 million. Scorpio Tankers expects one vessel to be delivered in Q3 2014 and the remaining three in Q1 2015. The Full Research Report on Scorpio Tankers Inc. - including full detailed breakdown, analyst ratings and price targets - is available to download free of charge at:
http://www.analystscorner.com/r/full_research_report/21cc_STNG
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