Why Frontline (fro) Stock Is Jumping Today

twocents@thestreet.com (Shawn Ingram), The Street
Wed, 10/01/2014 - 11:54am

NEW YORK (TheStreet) --aFrontline was gaining 9.9% to $1.39 Wednesday after announcing a new joint venture with Tankers International. The tanker companies will form the new company, called VLCC Chartering, to create a larger fleet with more flexibility, and more options for cargos owners. VLCC Chartering will have access to the combined fleets of both Frontline and Tankers International. The formation of VLCC Chartering will help reduce voyage related expenses and improve net earnings of Frontline and Tankers International.

NEXT
Topics:  york thestreet afrontline   read   buffett   favorite stocks   vlcc   d thestreet ratings team   frontline ltd fro    sell   highlights   index   eps   oil   gas    consumable fuels   fro ratings report   transportation    the   frontline   the   tankers   international   vlcc chartering   stocks to   buy   thestreet quant ratings   triple   thestreet ratings   frontline ltd   sell   thestreet ratings team   fro    fro   s&p   click   year   company   earnings   quarter   profit   compared   net   industry   margin   average   share   managed   investors   prior   results   multiple   achieve   weaknesses   reduce   positive   million   income   feel   fleet   view   growth   reported   performance   handful   months   identified   revenue   learn   potentially   poor   analysis   price   market   significantly   gross   
BING NEWS:
  • Is FRONTLINE PLC (FRO) Outperforming Other Transportation Stocks This Year?
    The Transportation group has plenty of great stocks, but investors should always be looking for companies that are outperforming their peers. Frontline (FRO) is a stock that can certainly grab the ...
    05/20/2024 - 2:40 am | View Link
  • Wall Street Jumps Back To Record Highs, Dow Hits 40,000 As Inflation Fears Recede, Meme Stock Frenzy Returns: This Week In The Market
    Major market indexes reached record highs for the fourth week in a row, fueled by inflation data and expectations for interest rate cuts. Meme stocks resurged, while Buffett bought Chubb and Dimon ...
    05/17/2024 - 9:54 am | View Link
  • Frontline Plc Ordinary Shares (FRO) Dividend History
    Price/Earnings Ratio is a widely used stock evaluation measure. For a security, the Price/Earnings Ratio is given by dividing the Last Sale Price by the Actual EPS (Earnings Per Share).
    03/5/2024 - 5:46 pm | View Link
  • Frontline PLC
    No significant news for in the past two years. Key Stock Data P/E Ratio (TTM) The Price to Earnings (P/E) ratio, a key valuation measure, is calculated by dividing the stock's most recent closing ...
    11/1/2023 - 4:12 am | View Link
  • Frontline Plc Ordinary Shares (FRO)
    Stock prices may also move more quickly in this environment. Investors who anticipate trading during these times are strongly advised to use limit orders. Data is delayed at least 15 minutes.
    08/29/2011 - 2:50 am | View Link
  • More

 

NEXT
Welcome to Wopular!

Welcome to Wopular

Wopular is an online newspaper rack, giving you a summary view of the top headlines from the top news sites.

Senh Duong (Founder)
Wopular, MWB, RottenTomatoes

Subscribe to Wopular's RSS Fan Wopular on Facebook Follow Wopular on Twitter Follow Wopular on Google Plus

MoviesWithButter : Our Sister Site

Movies With Butter More Movie News

More Business News