Tsakos Energy Navigation’s net revenues rose YoY (year-over-year) and from the previous quarter. In 1Q17, its net revenues were $108.2 million.
On May 12, 2017, Tsakos Energy Navigation (TNP) announced its 1Q17 earnings. Its revenues were $138 million—$8 million more than 4Q16.
As of May 15, 2017, Wall Street analysts are expecting Deere (DE) to post EPS of $1.67 in fiscal 2Q17. That would be a 7.0% rise year-over-year.
About 39.0% of these analysts have recommended a “buy” for the stock, while 43.0% have recommended a “hold.”
Analysts are expecting Deere (DE) to post revenue of $7.3 billion in 2Q17, a 2.6% rise year-over-year compared to $7.1 billion in 2Q16.
In week 19, Citigroup cut the target price for Gener8 Maritime Partners. Three analysts recommended a “strong buy” and four recommended a “buy.”
On May 11, 2017, the average bunker fuel price was ~$327 per ton—compared to $323 per ton in the previous week.
According to the Weber Weekly Report, VLCC rates on the benchmark route fell from $30,072 per day on May 5, 2017, to $24,358 per day on May 12, 2017.
In week 19, which ended on May 12, 2017, the BDTI (Baltic Dirty Tanker Index) fell from 774 to 741. In week 19, the index was higher than the level in 2016.
Auto sales in China, including trucks and buses, fell 2.2% year-over-year to 2.1 million in April 2017.
In March 2017, China’s manufacturing PMI score, a key indicator of the country’s economic health, fell to a six-month low of 51.2 in April 2017.
China’s crude oil imports hit an all-time high in March. April’s crude oil imports eased—total crude oil imports came in at 34.39 million tons.
China released key economic data for April including its export and import data, auto sales data, and manufacturing index.
Canadian Pacific Railway’s (CP) total carloads rose 12.4% in the week ended May 6, 2017.
Canadian National Railway moved more than 48,400 containers in the 18th week of 2017, compared with nearly 42,300 containers in the corresponding week of 2016.
In the week ended May 6, 2017, Kansas City Southern reported a year-over-year fall of 9.1% in its overall intermodal traffic.
In the week ended May 6, 2017, Canadian National Railway’s overall volumes rose 18.2% on a YoY basis.
In the 18th week of 2017, BNSF Railway’s (BRK-B) overall intermodal traffic rose 1.4% year-over-year to ~97,600 containers and trailers, compared with 96,300 containers in the corresponding week of 2016.
In the week ended May 6, 2017, Kansas City Southern’s (KSU) total railcars rose 15.2% from the corresponding week of 2016.
In the week ended May 6, 2017, Union Pacific (UNP) hauled ~71,000 containers and trailers, 2.8% more than it did in the corresponding week of 2016.