As things in Europe remain quiet and no new defaults look imminent, the global economy is starting to look better. Economic news in the United States has been strong and China appears to be lifting economic restrictions to offset European issues. This all equates to a global economy that is on the rise. If the global economy is inching up, shipping stocks are the next plays to run.
(KTOS, SCR, MJGCF, GNK) Stock in Focus by CRWESelect.com
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The markets are surging higher again today, following more optimism in Europe over a drop in Italian yields and the slightly less ugly debt situation. In addition, light volume due to the Veterans Day holiday in the United States allows the upside to hold and gain. As the markets advance, key stocks are making moves. Below are the keys to the trade.
(GNK, CLNO, FMD, TEN) Stocks to Watch by PennyOmega.com
(MGM, GNK, CRWE, KND) Stocks to Watch by PennyOmega.com
(ECA, CRWE, GTS, GNK, CLNO, TC) Featured Stocks by CRWEPicks.com
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(GNK, WAL, CRWE, NHPR, PAL, GBG) Stock Report from CRWEPicks.com
Genco Shipping & Trading Ltd. (NYSE:GNK) announced that it will hold a conference call to discuss the Company's results for the second quarter of 2011 on Wednesday, July 27, 2011 at 8:30 a.m. Eastern Time. The conference call will also be broadcast live over the Internet and include a slide presentation.