Nordic American Tanker (NAT) Posts Q1 EPS of 5c
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Nordic American Tankers' 1Q2014 Report (NYSE:NAT) -- Cash dividend of $0.23 declared earlier. Strongly improved operating cashflow. Net income positive for the first time in four years.
May 12, 2014 4:42 AM EDTLink to the complete 1st Quarter 2014 report: http://hugin.info/201/R/1784418/611430.pdf
HAMILTON, Bermuda, May 12, 2014 (GLOBE NEWSWIRE) -- Thanks to a strong winter market, 1Q2014 has produced the best results we have seen in several years. The timecharter results of NAT were significantly better in 1Q2014 than in 4Q2013. The short term rates in tanker markets are very volatile. At the time of this report the tanker market... More
