(NEW YORK)General Maritime Corp. shares rose in Thursday after JPMorgan upgraded the oil tanker company to "Overweight" from "Neutral." Analyst Jonathan B. Chappell said General Maritime wil...READ MORE
(NEW YORK)Shares of oil tanker operators rebounded Wednesday, as the price of crude jumped on concerns surrounding Tropical Storm Gustav and current inventories.READ MORE
Among the earnings stories for Thursday, Aug. 21, from AP Financial News: YORK, Pa. (AP)--Department-store operator Bon-Ton Stores Inc. reported a wider second-quarter loss Thursda...READ MORE
(NEW YORK)Oil tanker operator Frontline Ltd. on Thursday said its profit jumped 69 percent, reflecting a gain on the sale of assets and shares. For the quarter ended June 30, the Bermuda-bas...READ MORE
(NEW YORK)Frontline Ltd. on Thursday said its board declared a quarterly dividend of $3 per share. The Bermuda-based oil tanker operator said the dividend is payable Sept. 19 to shareholders...READ MORE
(NEW YORK)Standard & Poor's Ratings Services on Monday placed the ratings of oil refiner Frontier Oil Corp. on review for possible upgrade, citing the oil refiner's low debt and cons...READ MORE
(NEW YORK)Oil tanker operator Frontline Ltd. said it has bought five double hull Suezmax tankers, built from 1992 to 1996, from Greek shipper Top Ships Inc. for $240 million.READ MORE