During Tuesday’s Afternoon trade, Shares of FreeSeas Inc. (NASDAQ:FREE), skyrocketed 114% to $0.15.
FreeSeas, declared that it has attained a 51% controlling stake in the newly formed Standcorp International Limited. The rest of the shares are owned by non-associated entities associated with the Marvin group of companies, whose extensive experience for over twenty years has focused in the operation and ownership of tanker vessels. Standcorp will engage in the commercial operation of product and crude oil tankers covering a large array of sizes, by contracting them through time charter or bareboat charter arrangements, and subsequently deploying them in the spot market or in fulfillment of contract cargoes. The company intends to operate in generic markets but also to focus on a number of niche markets, such as West Africa. In addition, the company shall, depending on market conditions, commercially operate dry-bulk carriers either chartered-in, attained, or through services agreements with associated Owners, counting FreeSeas Inc. tonnage.
FreeSeas Inc., through its auxiliaries, provides drybulk shipping services. Its vessels carry various drybulk commodities, such as iron ore, grain, and coal, in addition to bauxite, phosphate, fertilizers, steel products, cement, sugar, and rice.
Shares of Delta Air Lines, Inc. (NYSE:DAL), declined -0.64% to $40.44, during its current trading session.
Good news for Leo DiCaprio and his celebrity pals.
Delta Air Lines wants to make its Big Apple terminals paparazzi-proof — expanding a luxury service that launched in Los Angeles on Thursday to protect the rich and famous from annoying shutterbugs, The Post has learned, according to MarketWatch.
VIP Select could start at either JFK or La Guardia airports as early as next year, an airline rep said.
Delta debuted the star treatment at Los Angeles International Airport. It costs $350 per person and is accessible only for first-class fliers. MarketWatch Reports.
Under the program, arriving passengers are picked up on the tarmac by a luxury vehicle and driven to their own chauffeured cars, with no chance to be caught by lurking photographers.
The service could be bound for other airports, assuming it’s a hit on the West Coast. MarketWatch added.
Delta Air Lines, Inc. provides planned air transportation for passengers and cargo worldwide. The company operates in two segments, Airline and Refinery. Its route network comprises various gateway airports in Amsterdam, Detroit, Los Angeles, Minneapolis-St. Paul, New York-LaGuardia, New York-JFK, Paris-Charles de Gaulle, Salt Lake City, Seattle, and Tokyo-Narita.
Finally, Teradata Corporation (NYSE:TDC), gained 0.91%, and is now trading at $37.84.
To assist make data lakes more accessible and governable, Teradata Corporation, the big data analytics and marketing applications company, recently introduced Teradata Loom® 2.5, a solution for data lake administration. Teradata Loom enables a wider range of users to more easily find, access, and analyze data in data lakes. This assists generate new business insights, which can be integrated with the existing analytical ecosystem to drive higher levels of productivity.
“Data lakes are growing because of their scalability and low cost, and they provide organizations access to diverse data. However, many organizations fail to gain business value from their Hadoop investments,” said Dan Harrington, executive vice president, Global Consulting and Support Services, Teradata. “The game-changing technology in our latest release of Teradata Loom makes data lakes more secure, easier to manage, faster to access, and better integrated with the customers’ analytical ecosystem.”
Teradata Corporation provides analytic data platforms, marketing and analytic applications, and related services in the United States and internationally. Its analytic data platforms comprise software, hardware, and related business consulting and support services for data warehousing and big data analytics.
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