Genco Shipping & Trading

Genco Shipping & Trading

Yahoo Finance • 12 days ago

Diana Shipping withdraws Genco bid as takeover terms hit a roadblock

Bjoern Wylezich Diana Shipping (DSX [https://seekingalpha.com/symbol/DSX]) announced on Friday that it has withdrawn its offer to acquire the remaining shares of Genco Shipping & Trading (GNK [https://seekingalpha.com/symbol/GNK]) after t... Full story

Yahoo Finance • 30 days ago

Genco Shipping & Trading Limited Issues Statement in Response to Expiration of Diana Shipping’s Tender Offer

Genco Will Continue to Engage in Good Faith Discussions with Diana and Act in the Best Interests of Genco Shareholders Genco’s Board Continues to Review Diana’s Separate Non-Binding Indicative Proposal NEW YORK, July 27, 2026 (GLOBE NE... Full story

Yahoo Finance • last month

Genco Shipping & Trading Limited Board of Directors Provides Update on Review of Diana Shipping’s Revised, Non-Binding Indicative Proposal

Genco’s Advisors Engaged with Diana’s Advisors as Part of the Board’s Ongoing Review Genco’s Board is Committed to Maximizing Shareholder Value NEW YORK, July 23, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“G... Full story

Yahoo Finance • last month

Catalyst watch: Farnborough Air Show, Tesla earnings, AMD AI event, and Samsung reveals

[Skyline of Lower Manhattan] Art Wager Welcome to Seeking Alpha's Catalyst Watch - a breakdown of some of next week's actionable events that stand out. Read more about the events that may impact stock prices next week. MONDAY - JULY 20... Full story

Yahoo Finance • last month

Genco Shipping & Trading Limited Comments on Extension of $24.80 Per Share Tender Offer by Diana Shipping

Diana Still Has Not Updated Its Tender Offer Materials to Align Terms with Indicative, Non-Binding Proposal NEW YORK, July 13, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest... Full story

Yahoo Finance • 2 months ago

Genco (GNK): Buy, Sell, or Hold Post Q1 Earnings?

Genco (GNK): Buy, Sell, or Hold Post Q1 Earnings? Over the past six months, Genco has been a great trade, beating the S&P 500 by 25.3%. Its stock price has climbed to $25, representing a healthy 33% increase. This was partly thanks to its... Full story

Yahoo Finance • 2 months ago

Diana Shipping Inc. Asks: Why is Genco So Afraid of Diana’s Tender Offer?

The Answer: Because the Genco Board Can’t Take the Heat That Comes with Shareholders Expressing Their Views Genco Board Has Resorted to Arguing Petty Technicalities Instead of Engaging with Diana Keeps Making Hollow Claim That Shareholde... Full story

Yahoo Finance • 2 months ago

Diana Shipping Inc. Announces Extension of Financing to Support Acquisition of All Outstanding Shares of Genco Shipping & Trading

Fully Underwritten Commitment Arranged by DNB Carnegie and Nordea, with Participation from Leading International Banks $27.34 Per Share Offer Made to Genco Board — Comprised of $24.80 in Cash and One Diana Share Valued at $2.541 — Remains... Full story

Yahoo Finance • 2 months ago

Diana Shipping Inc. Reaffirms Offer to Acquire Genco Shipping & Trading

The Genco Board Has a Responsibility to Deliver on its Commitments to Create Value for Shareholders Urges the Genco Board to Engage in Good Faith with Respect to Diana's Offer of $27.34 Per Share, Comprised of $24.80 in Cash and One Diana... Full story

Yahoo Finance • 2 months ago

Genco Shipping & Trading Limited Shareholders Overwhelmingly Re-Elect All Genco Director Nominees at 2026 Annual Meeting

Results Reflect Strong Support for Genco Board of Directors and Ongoing Execution of Genco’s Comprehensive Value Strategy NEW YORK, June 18, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”)... Full story

Yahoo Finance • 2 months ago

Genco Shipping & Trading Limited Confirms Receipt of Revised Offer from Diana Shipping Inc.

Genco’s Annual Meeting to Convene as Scheduled on June 18, 2026 NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- Genco Shipping & Trading Limited (NYSE:GNK) (“Genco” or the “Company”), the largest U.S. headquartered drybulk shipowner focused... Full story

Yahoo Finance • 2 months ago

UniQure, Aehr Test Systems surge premarket; Snap, Leidos fall

Investing.com - U.S. stock futures were broadly steady on Wednesday as investors geared up for a key Federal Reserve interest rate decision and monitored reports on the details of a preliminary Middle East peace agreement. By 08:40 ET (01... Full story

Yahoo Finance • 2 months ago

Genco Shipping Shares Jump as Diana Raises Takeover Proposal

ship cargo containers logistics NEW SIZE ©Shutterstock Genco Shipping & Trading Limited (NYSE:GNK) climbed 8% on Wednesday after Diana Shipping Inc. (NYSE:DSX) enhanced its offer to acquire the dry bulk shipping company, increasing the va... Full story

Yahoo Finance • 2 months ago

Genco Shipping surges as Diana Shipping raises takeover offer to $27.34 per share

Genco Shipping & Trading (GNK [https://seekingalpha.com/symbol/GNK]) jumped nearly 8% during pre-market trading hours on Wednesday after Diana Shipping said that it has increased its offer to acquire all outstanding shares of Genco to a to... Full story

Yahoo Finance • 2 months ago

Diana Shipping Inc. Raises Offer to Acquire Genco Shipping & Trading to $27.34 Per Share Comprised of $24.80 in Cash and One Diana Share

Diana Shares Valued at $2.54 Per Share Based on Diana's Volume-Weighted Average Price for the 30 Days Ended on June 16, 2026 Revised Offer Reflects a 53% Premium to Genco's Undisturbed Share Price and a 6% Premium to NAV at Cyclically Hig... Full story

Yahoo Finance • 2 months ago

Genco Shipping & Trading Limited Reminds Shareholders to Vote TODAY

The Deadline to Vote is Today at 11:59 PM ET Genco Urges Shareholders to Follow Recommendations of All Three Proxy Advisory Firms — ISS, Glass Lewis and Egan-Jones — to Vote FOR Genco’s Highly Qualified Director Nominees Voting Informati... Full story

Yahoo Finance • 2 months ago

These small-cap industrials stocks combine growth and A-rated valuations

[stock market] hxdbzxy/iStock via Getty Images Industrials stocks are navigating a challenging environment marked by uneven economic growth, shifting trade dynamics, and ongoing uncertainty around business spending. Despite those headwi... Full story

Yahoo Finance • 3 months ago

Diana Shipping Inc. Alerts Genco Shareholders of Institutional Shareholder Services’ Recommendation to Vote Against Genco Shipping & Trading's Poison Pill

ISS Recommendation Cites Entrenchment Concerns While Diana's $24.80 Per Share All-Cash Offer is on the Table Glass Lewis Recognizes Diana as a "Serious and Committed Bidder" and Highlights Risks That the Rights Plan May Limit Shareholders... Full story

Yahoo Finance • 3 months ago

Genco Shipping & Trading Limited Responds to Diana Shipping’s Withdrawal of Director Nominations

Diana’s Latest Actions Represent Last-Ditch Attempt to Gain Influence Over Genco’s Board and Acquire Genco on the Cheap Board Urges Shareholders to Vote FOR ALL of Genco’s Highly Qualified and Experienced Directors on the WHITE Proxy Card... Full story

Yahoo Finance • 3 months ago

Diana Shipping says narrowing Genco proxy fight to two directors

[Blulkcarrier] Opla/iStock via Getty Images Diana Shipping (DSX [https://seekingalpha.com/symbol/DSX]) said Monday it will focus its proxy contest [https://seekingalpha.com/pr/20543459-diana-shipping-inc-focuses-proxy-contest-on-election-... Full story