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Teekay Shipping Corporation


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Teekay Shipping initiated with "hold"

www.newratings.com | Oct 1, 2009

NEW YORK, October 1 (newratings.com) - Analysts at Deutsche Bank Securities initiate coverage of Teekay Shipping (ticker: TK) with a "hold" rating. The target price is set to $18. [more]

http://www.newratings.com/en/main/company_headline.m?id=1971183

 

Teekay Shipping Posts Narrower-Than-Expected Loss but Sales Drop 36% (TK) - Zibb.com

11/13/2009-Teekay Shipping (NYSE:TK) reported a Q3 loss of 60 cents, ex-items, beating consensus estimates for a loss of 75 cents per share.

Revenues in the quarter fell 35.7% year-over-year to $429 million, and came in short of consensus estimates of $451 million.

"In today's weak tanker market we are really seeing the benefits of our business mix," commented Bjorn Moller, Teekay Corporation's President and Chief Executive Officer. "With our growing fixed-rate offshore, liquefied gas and conventional tanker businesses largely insulated from the poor spot tanker market, they are providing a significant amount of stable cash flow from vessel operations. Over 80 percent of our capital is invested in our fixed-rate businesses."

Write to Chip Brian at cbrian@tradethetrend.com

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Companies: Teekay Shipping Corp. (TK)

 

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TK - Teekay Shipping Corporation Stock Quotes, News, Stock Charts, Report ...

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Super Review - Teekay Shipping Superannuation Plan

www.superreview.com.au

Copyright ©2008 Reed Business Information. All rights reserved. Reproduction in whole or in part in any form or medium without express written permission of Reed Business Information is prohibited.

http://www.superreview.com.au/directory/30596.aspx

Teekay Corp. - Analyst News | newratings.com

Copyright © 2002 - 2008 newratings.com GmbH | Legal | Licensing Quote data provided by IS.eFinance Solutions (powered by IS.Teledata AG) using StandardPoor's ComStock Inc. and others. Delay times are 15 mins for European exchanges and NASDAQ, 20 mins for NYSE and AMEX.

http://www.newratings.com/headlines/Teekay-Corp-_MHY8564W1030.html

Money Management - Teekay Shipping Superannuation Plan

www.moneymanagement.com.au

Money Management provides accurate and informative editorial coverage on finance topics such as risk insurance, taxation, banking, superannuation and mortgages. About Number Of Members: 517 Type of Benefit: Hybrid

http://www.moneymanagement.com.au/directory/30596.aspx

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Teekay Corporation - Career Center

www.teekay.com

Our mission is to be the premier provider of marine services to the oil and gas industry. And we are always searching for the right people to join us on our journey.

http://www.teekay.com/index.aspx?page=career_center

TK: Profile for TEEKAY CORP - Yahoo! Finance

finance.yahoo.com

See the company profile for TEEKAY CORP (TK) including business summary, industry/sector information, number of employees, business summary, corporate governance, key executives ...

http://finance.yahoo.com/q/pr?s=TK

Boeing: Teekay Shipping Signs Agreement to be International Launch ...

www.boeing.com

Teekay Shipping Corporation (NYSE: TK) and Connexion by Boeing, a business unit of The Boeing Company (NYSE: BA), today announced the signing of an agreement that makes Teekay the ...

http://www.boeing.com/news/releases/2005/q2/nr_050615j.html