• BIST 108.769
  • Altın 144,993
  • Dolar 3,4992
  • Euro 4,1273
  • İstanbul 25 °C
  • Ankara 25 °C

Teekay goes into red

Teekay goes into red
Teekay Corporation (TK) reported losses in its third quarter totaling $142.2 million, or $1.96 a share.

Teekay Corporation (TK) reported losses in its third quarter totaling $142.2 million, or $1.96 a share.

Teekay Corporation (TK) reported losses in its third quarter totaling $142.2 million, or $1.96 a share. This compared with profit in the previous year of $103.1 million, or $1.41 per share.

Analysts forecast a loss of 75 cents on revenue of $451 million. Revenue decreased 43% to $500.4 million, while net revenue excluding expenses dropped 36%.

The Bermuda-based owner of tanker ships said that the drop in revenue was mostly due to weak oil demand, which was responsible for a drop in charter rates. Teekay has made moves to increase its fixed-rate contracts and sell off ships in its spot-tanker fleet to cut costs.

www.TurkishMaritime.com.tr

This news is a total 1889 time has been read
  • Comments 0
    UYARI: Küfür, hakaret, rencide edici cümleler veya imalar, inançlara saldırı içeren, imla kuralları ile yazılmamış,
    Türkçe karakter kullanılmayan ve büyük harflerle yazılmış yorumlar onaylanmamaktadır.
    Bu habere henüz yorum eklenmemiştir.
Other News
All Rights Reserved © 2006 TURKISH MARITIME | İzinsiz ve kaynak gösterilmeden yayınlanamaz.
Phone : 0090 212 293 75 48 | Fax : 0090 212 293 75 49 |