Rochester, NY 7/13/2009 5:10:19 PM
Stock Exchange News - DRYS - DRYS Fires an Extra Salvo at Money Shareholders - Sourced WhisperFromWallStreet.com
DryShips Inc.
COMPANY - DryShips Inc.,DRYS
NEWS - DryShips, under the devastating command of enigmatic CEO George Economou. Controversial business transactions, in which Economou has an interest on both sides of the handshake, are nothing new here. Colleagues such as Genco Shipping & Trading (NYSE: GNK) CEO Peter Georgiopoulos criticized the magnate and other shippers for playing "games with their shareholders' money."
ABOUT - DryShips Inc. engages in the ownership and operation of drybulk carriers worldwide. Its fleet carries various drybulk commodities, including coal, iron ore, grains, bauxite, phosphate, fertilizers, and steel products. As of March 26, 2009, the company owned and operated a fleet of 40 drybulk carriers comprising 7 Capesize, 29 Panamax, 2 Supramax, and 2 newbuilding drybulk vessels, which have a combined deadweight tonnage of approximately 3.3 million.
After Hours: 0.00 N/A (N/A) 8:00PM ET
Last Trade: 5.27
Day's Range: N/A - N/A
52wk Range: 2.72 - 81.49
Volume: 0
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