Stock Price Movement, New Vessels, Organizational Changes, and Closed Offerings - Analyst Notes on Kirby, Navigator Holdings, Golar, GasLog and Teekay
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NEW YORK, April 28, 2014 /PRNewswire/ --
Today, Analysts Review released its analysts' notes regarding Kirby Corporation (NYSE: KEX), Navigator Holdings Ltd. (NYSE: NVGS), Golar LNG Ltd. (NASDAQ: GLNG), GasLog Ltd. (NYSE: GLOG) and Teekay Corporation (NYSE: TK). Private wealth members receive these notes ahead of publication. To reserve complementary membership, limited openings are available at: http://www.analystsreview.com/1666-100free.
Kirby Corporation Analyst Notes
On April 23, 2014, Kirby Corp. (Kirby) stock ended the day at $103.02 which was 0.94% higher than the previous day's closing price at $102.06. The Company's stock rose 4.78% over the past five trading days, compared to the Dow Jones Industrial Average which gained 1.47% and to S&P 500 which increased 1.76% during the same trading period. The full analyst notes on Kirby are available to download free of charge at:
http://www.analystsreview.com/1666-KEX-28Apr2014.pdf
Navigator Holdings Ltd. Analyst Notes
On April 23, 2014, Navigator Holdings Ltd. (Navigator Holdings) announced that the Company has exercised its option to build an additional three 35,000 cubic meter ethylene/ethane capable semi-refrigerated liquefied gas carriers. The Company informed that this vessel is an addition to the one of the same size which is already under construction. Navigator Holdings stated that the three additional vessels will be built at Jiangnan Shipyard in China for $78.4 million each. The Company added that following its exercise of this option, Navigator Holdings has thirteen vessels in its newbuilding program, four of which are scheduled for delivery in late 2014, four in 2015 and five in 2016. The full analyst notes on Navigator Holdings are available to download free of charge at:
http://www.analystsreview.com/1666-NVGS-28Apr2014.pdf
Golar LNG Ltd. Analyst Notes
On April 22, 2014, Golar LNG Ltd. (Golar) announced the return of Gary Smith to the Company, to provide commercial support in relation to LNG ship chartering activities and development of the FLNG activities. The Company stated that Mr. Smith had been CEO of Golar Management - a wholly owned subsidiary of the Company, during the period April 2006 until July 2009 and prior to joining back the Company, Mr. Smith has served Caltex Australia Ltd as General Manager Supply Chain, with responsibilities for oil trading and shipping, oil refinery operation and oil product distribution throughout Australia. According to the Board of the Company, the experience which Mr. Smith brings to Golar is extremely valuable, particularly, in view of Golar's ambitions to maximize the value of its recently expanded LNG carrier fleet through combining FLNG activities with FSRUS and traditional shipping. The full analyst notes on Golar are available to download free of charge at:
http://www.analystsreview.com/1666-GLNG-28Apr2014.pdf
GasLog Ltd. Analyst Notes
On April 16, 2014, GasLog Ltd. (GasLog) announced the closing of its offering of 4.9 million common shares, including 0.6 million common shares which were issued upon the exercise in full by the underwriters of their option to purchase additional shares. The Company stated that the public offering price was $23.75 per share and net proceeds from the offering were approximately $110 million. The full analyst notes on GasLog are available to download free of charge at:
http://www.analystsreview.com/1666-GLOG-28Apr2014.pdf
Teekay Corporation Analyst Notes
On April 23, 2014, Teekay Corp. (Teekay) stock increased to end the day at $57.26 compared to the previous day's closing price of $56.71, representing a 0.97% gain. The Company's stock increased 3.19% over the past three trading days, compared to the Dow Jones Industrial Average which rose 0.57% and to S&P 500 which also rose 0.57% during the same trading period. The full analyst notes on Teekay are available to download free of charge at:
http://www.analystsreview.com/1666-TK-28Apr2014.pdf
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