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Top related persons:
— - 2 Bruce Chan - 2 Robinson - 2 Biden - 2 Hartley - 2 Chan - 1 It's - 1 Costamare - 1
Top related locs:
Taft Gulf East West Canada Coast Maine Texas
Top related orgs:
UPS - 2 FedEx - 2 Service - 2 Workers - 2 International Longshoremen's Association - 2 ZIM Integrated Shipping Services - 2 Air - 1 Yahoo Finance - 1

Search resuls for: "Costamare"


6 mentions found


☆ The biggest stock market winners and losers of the US port strike
  + stars: | 2024-10-01 | by ( Matthew Fox | ) www.businessinsider.com   time to read: +5 min
Port workers are demanding a 61.5% raise and oppose the adoption of automation in new contract negotiations. According to Stifel analyst Bruce Chan, the ramifications of the port strike won't be sizable unless the strike is drawn out for more than two weeks. Robinson Worldwide and Expeditors International of Washington have seen gains of 4% and 5% in the past week, respectively, as investors anticipate increased business due to the port strike. Biggest losersThe biggest losers, so far, appear to be shipping container companies that are directly exposed to the port strike. That means railroads and trucking companies with significant exposure to the east coast could take a hit.
Persons: —, Bruce Chan, Chan, It's, Robinson, Biden, Hartley Organizations: Air, UPS, FedEx, Service, Workers, International Longshoremen's Association, Yahoo Finance, ILA, Expeditors International of Washington, ZIM Integrated Shipping Services, Lease, Taft, CSX, NSC, Walmart, Costco, Target Locations: Gulf, East, West, Canada, Taft, Coast
☆ The US dockworkers strike is here, and it's impacting more than just packages
  + stars: | 2024-10-01 | by ( Alex Bitter | ) www.businessinsider.com   time to read: +5 min
A strike at ports along the US East and Gulf Coasts presents huge challenges for the economy. The strike could lead to billions in daily economic losses and stall imports ranging from mangoes to auto parts. The dockworkers are pushing for higher wages and a ban on automation at the ports. AdvertisementA major strike at US ports started on Tuesday and could snarl everything from holiday shopping to auto production lines. But the strike could halt shipments of those foods, including mangoes, bananas, and other fresh fruit from Central and South America.
Persons: —, Bruce Chan, Costamare, Alan Murphy, Jonathan Gold, Mia Ginter, Robinson, Joe Biden, Biden, Taft, Hartley, Sean M, O'Brien Organizations: Gulf Coasts, Service, Workers, International Longshoremen's Association, United States Maritime Alliance, JPMorgan, . Shipping, ZIM Integrated Shipping Services, FedEx, UPS, Intelligence, Jefferies, Retailers, National Retail, Joe Biden Trade, National Retail Federation, Teamsters Locations: Maine, Texas, Central, South America, East Coast, West Coast, Taft
☆ Debt ceiling crisis hangs over markets, with investors hoping to avoid a repeat of 2011
  + stars: | 2023-05-13 | by ( Matthew J. Belvedere | ) www.cnbc.com   time to read: +8 min
Republicans, led by House Speaker Kevin McCarthy, want to attach spending cuts to any agreement to raise the debt ceiling. Biden and the Democrats say they are willing to talk about spending cuts but only outside the debt ceiling discussions. Raising the debt ceiling would allow the government to pay for spending that has already occurred. That year, the debt ceiling was raised at the last minute but not before a summer of bickering sent the S & P 500 down 17% from late July to mid-August. The market this past week stumbled with the debt ceiling deadline looming and over concern about regional bank failures.
☆ Cramer's lightning round: Costamare is not a buy
  + stars: | 2023-01-13 | by ( Krystal Hur | ) www.cnbc.com   time to read: 1 min
Loading chart...Costamare Inc : "I don't like [the] container ship business. I'm not going to say, buy that." Loading chart...Lamar Advertising Co : "They are in a business that is in a serious recession right now. So, I am going to have to say no to that." Loading chart...Taiwan Semiconductor Manufacturing Co Ltd : "Taiwan Semi is just a very, very good company.
☆ Retailers Pull Back From Using Chartered Cargo Ships
  + stars: | 2022-12-23 | by ( Paul Berger | ) www.wsj.com   time to read: +5 min
Retailers are moving away from using chartered ships to get around pandemic-triggered disruptions now that congestion at ports has cleared and pressures in supply chains have eased. A representative for Home Depot said it stopped using chartered vessels earlier this year as space opened up in global shipping. Party City started booking space on chartered vessels in mid-2021 in advance of Halloween, its busiest time of year, said Bruce Dzinski, Party City’s director of international transportation. Will Harwood, a spokesman for Lidl, said Tailwind owns two container ships and can carry additional cargo on other chartered vessels. Most other companies, like Home Depot and Costco, relied on third-party companies to operate chartered ships.
☆ Cramer's lightning round: Harmonic is not a buy
  + stars: | 2022-09-27 | by ( Krystal Hur | ) www.cnbc.com   time to read: +1 min
Loading chart...Everbridge Inc: "This one does not make money, so I say [sell]." Loading chart...Loading chart...Harmonic Inc: "Sells way too high on a price-to-earnings multiple for me to recommend when there's so many cheaper stocks out there." Loading chart...Monolithic Power Systems Inc: "I'm going to have to say that I do not like this stock." I'm not going against [Cathie Wood] at these prices. Loading chart...ZIM Integrated Shipping Services Ltd: "I think the shipping business is a terrible business.
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