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Posted On: 09/03/2014 2:15:11 AM
Post# of 273346
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Posted By: Stock_Tracker
China Cosco Holdings (CICOY) 2.1620 $CICOY

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Scorpio Tankers Inc. (STNG) was a big mover last session, as the company saw its shares rise more than 5% on the day.

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Zacks Equity Research - Zacks Investment Research - Tue Jun 17, 7:37AM CDT
Star Bulk Carriers Corp. (SBLK) was a big mover last session, as the company saw its shares rise nearly 12% on the day.

China COSCO Strives to Return to Profitability with Proposed Sale of COSCO Logistics to Controlling Shareholder
PR Newswire - Mon Mar 11, 8:47AM CDT
China COSCO Holdings Company Limited ("China COSCO" or the "Group" (HKEx:1919, SSE:601919) put forth a preliminary proposal in an announcement to sell a 100% interest in its directly-owned subsidiary COSCO Logistics Co., Ltd. ("COSCO Logistics" to its controlling shareholder China Ocean Shipping (Group) Company ("COSCO Group" . The board of directors has approved commencing with related processes. Details of the proposed transaction are still in negotiation. Given the uncertainties surrounding it, all investors are advised to pay attention to the investment risks involved. The Group will make public announcement on the progress of the proposed transaction in due course.





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