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Buy AMKBY
$12.06
+0.300 (+2.55%)
At Close: Jun 22, 2026
Maersk shares sink as buyback axed amid Red Sea uncertainty
04:13am, Thursday, 08'th Feb 2024
Maersk, the shipping company, saw its shares trade around 14% lower after it suspended its share-buyback programme, a result of continued disruptions in the Red Sea. Earnings targets for 2024 have bee
Maersk Suspends Buyback as It Navigates Uncertain Market
03:23am, Thursday, 08'th Feb 2024
Maersk suspended its share buyback program as it moved to preserve cash, with uncertainty surrounding disruption in the Red Sea and as industry overcapacity continued to drag on freight rates.
Shipping giant Maersk suspends share buybacks amid Red Sea disruption, flags 2024 earnings uncertainty
02:51am, Thursday, 08'th Feb 2024
Danish shipping giant Maersk on Thursday flagged "high uncertainty" in its 2024 earnings outlook as Red Sea disruptions continue to weigh on the industry.
J Mintzmyer On Red Sea Disruptions And 2 Key Shipping Segments
02:15pm, Tuesday, 06'th Feb 2024
J Mintzmyer discusses the shipping sector, disruptions in the Red Sea, and investment opportunities. Tankers and containerships are the most impacted sectors, with rates surging and potential for a mu
Should Value Investors Buy A.P. Moller-Maersk (AMKBY) Stock?
10:42am, Monday, 05'th Feb 2024
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Red Sea container traffic is down almost 30% amid Houthi attacks, says IMF, as experts weigh wider impact
01:44pm, Wednesday, 31'st Jan 2024
Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.
ZIM Integrated, Maersk stock slips as the container index surges
11:17am, Friday, 19'th Jan 2024
ZIM Integrated (NYSE: ZIM) stock price rally has stalled even as the crisis in the Middle East escalated and container shipping rates surged. The stock, which more than doubled and reached a high of $
Shipping Companies Maersk and Hapag-Lloyd to Create Interconnected Ocean Network
11:35am, Wednesday, 17'th Jan 2024
Global shipping companies Maersk and Hapag-Lloyd have signed an agreement for a long-term operational collaboration. This collaboration, known as the “Gemini Cooperation,” will begin in February 2
Maersk CEO sees Red Sea shipping disruption lasting 'at least a few months'
05:13am, Wednesday, 17'th Jan 2024
Maersk CEO Vincent Clerc said on Wednesday the disruption to global shipping caused by the attacks on vessels in the Red Sea will probably last at least a few months.
Maersk sends two US-flagged container ships through Red Sea
06:24am, Tuesday, 16'th Jan 2024
Maersk has sent two container ships through the Red Sea carrying goods for the United States military and government, according to the Danish company and ship tracking data.
Maersk hopes international interventions, naval presence will allow Red Sea transit to return
04:51am, Friday, 12'th Jan 2024
Maersk hopes international interventions and a larger naval presence in the Red Sea will eventually lead to maritime commerce to resume through the strait, it said on Friday, following U.S-British str
Panama Canal drought forces Maersk to start using 'land bridge' for Oceania cargo
04:40pm, Thursday, 11'th Jan 2024
Shipping giant Maersk informed clients this week that the Panama Canal's low water levels are forcing it to move Oceania cargo by a land bridge.
Big gains on the horizon for shipping stocks in Red Sea conflict?
07:47am, Wednesday, 10'th Jan 2024
Just as investors thought inflation was easing, conflict in the Middle East and drought in Latin America may combine to push shipping rates higher for companies like ZIM Integrated Shipping Services L
Are Investors Undervaluing A.P. Moller-Maersk (AMKBY) Right Now?
06:04pm, Tuesday, 09'th Jan 2024
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest
Shipping Industry Appreciates 18.6% in a Month: Here's Why
09:46am, Tuesday, 09'th Jan 2024
Tensions in the Red Sea provide a boost to the stock price of shipping companies like A.P. Moller-Maersk (AMKBY), Global Ship Lease (GSL) and ZIM Integrated Shipping (ZIM).
