Orlando, FL -- (SBWIRE) -- 10/15/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On DryShips Inc. (NASDAQ:DRYS), Genworth Financial Inc(NYSE:GNW).
DryShips Inc. (NASDAQ:DRYS) shares decreased 0.88% to $3.39. The company on Oct. 4 announced that it has entered into an Equity Offering Sales Agreement, dated October 4, 2013, with Evercore Group L.L.C., or Evercore, for the offer and sale of up to $200.0 million of common shares of Dryships Inc.
In accordance with the terms of the sales agreement, the Company may offer and sell its common shares at any time and from time to time through Evercore as its sales agent. Sales of the common shares, if any, will be made by means of ordinary brokers' transactions on The Nasdaq Global Select Market or otherwise at market prices prevailing at the time of sale, at prices related to the prevailing market prices, or at negotiated prices.
Are investors worried about the recent updates with DRYS? Find out with a free trend analysis HERE
Genworth Financial Inc(NYSE:GNW)shares decreased 0.46% to $13.07. The company announced it would issue its earnings release and financial supplement containing third quarter results after the market closes on October 29, 2013.
Additionally, GNW and its wholly owned subsidiary Genworth Holdings, Inc., on Sept. 26 announced the entrance into a credit agreement that provides Genworth Holdings, Inc. with a three-year $300 million, multicurrency revolving credit facility, with a $100 million sublimit for letters of credit. The proceeds of the loans may be used for working capital and general corporate purposes.
Is GNW going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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