April 21 (Reuters) - Genco Shipping & Trading Ltd said it filed for Chapter 11 bankruptcy protection after struggling with weak rates due to an oversupply of vessels.
The company said earlier this month it would file for bankruptcy as part of a deal with lenders.
Genco said it expects its operations to continue normally.
(Reporting by Anannya Pramanick in Bangalore; Editing by Don Sebastian)
The insurer was accused by a short-seller of "extensive" fraud.
Wall Street's most-prominent stock-split stock of 2024 has been purchased on three separate occasions by a lawmaker who completed over 4,200 trades last year.
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People's wealth could take a huge hit as the stock market peaks after one of the longest bull markets ever, according to an investment chief.
Nvidia and chips led the latest market retreat Wednesday. Taiwan Semiconductor earnings and guidance were upbeat.
This stock is not without risk, but the potential upside more than offsets the headwinds.
The AI company is racking up new partnerships every week.
These members of Congress delivered greater returns than Warren Buffett in 2023.
The AI market could top $1 trillion in a few years, and these companies are set to benefit.
Move over, Nvidia! These fast-paced artificial intelligence (AI) stocks can more-than-double in value, based on the Street-high price targets of three analysts.