Eagle Bulk Shipping Inc.

EGLE

Market cap $693M

For many of us, ETFs have been synonymous with passive management. Since the early 1990s, ETFs have followed in the footsteps of the most well-known passive ETF — the S&P 500 ETF Trust (SPY).

It's early days into the earnings season, and FactSet data shows that results reported so far put the S&P 500 on track for its seventh consecutive quarter of growth. The S&P 500, however, is sitting at about a 10% loss year-to-date, struggling to find a lot of upside amid ongoing concerns about international trade.

Global X introduces two new U.S. equity ETFs today on the NYSE – the Global X S&P 500 U.S. Revenue Leaders ETF (EGLE), and the Global X S&P 500 U.S Market Leaders Top 50 ETF (FLAG).

NEW YORK, April 16, 2025 /PRNewswire/ -- Global X Management Company LLC ("Global X"), the New York-based provider of exchange-traded funds (ETFs), today announced expanded access to U.S. equities with the launch of two funds: The Global X S&P 500 U.S. Revenue Leaders ETF (EGLE), and the Global X S&P 500 U.S. Market Leaders Top 50 ETF (FLAG). The funds are designed to capture robust U.S. economic growth by tracking American companies within the S&P 500 that generate at least 50% of their revenue domestically.

STAMFORD, Conn., April 05, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”) today announced that its shareholders voted in favor of (1) a proposal to approve and authorize the previously announced Agreement and Plan of Merger, dated December 11, 2023 (the “Merger Agreement”), entered into by and among Star Bulk Carriers Corp. (“Star Bulk”), Star Infinity Corp. (“Merger Sub”) and the Company and the merger contemplated thereby (the “Merger Proposal”) and (2) a proposal to authorize and approve the issuance of shares of the Company's common stock, $0.01 par value per share (the “Common Stock”), issuable upon the potential future conversion of the Company's 5.00% Convertible Senior Notes due 2024 in excess of the conversion share cap set forth in the Indenture, dated as of July 29, 2019, between the Company and Deutsche Bank Trust Company Americas (the “Convertible Note Share Issuance Proposal”) at its special meeting of shareholders (the “Special Meeting”) held earlier today.

Investors may keep a tab on stocks like KAI, ROST, WM, EGLE and DELL, which have lately hiked their dividend payments.

Eagle Bulk Shipping (EGLE) came out with quarterly earnings of $1.13 per share, beating the Zacks Consensus Estimate of $0.80 per share. This compares to earnings of $2.28 per share a year ago.

STAMFORD, Conn., March 01, 2024 (GLOBE NEWSWIRE) -- Eagle Bulk Shipping Inc. (NYSE: EGLE) (“Eagle” or the “Company”), one of the world's largest owner-operators within the midsize drybulk vessel segment, today reported financial results for the quarter and year ended December 31, 2023.

NEW ORLEANS--(BUSINESS WIRE)--Former Attorney General of Louisiana Charles C. Foti, Jr., Esq. and the law firm of Kahn Swick & Foti, LLC (“KSF”) are investigating the proposed sale of Eagle Bulk Shipping Inc. (NYSE: EGLE) to Star Bulk Carriers Corp. (NasdaqGS: SBLK). Under the terms of the proposed transaction, shareholders of Eagle will receive 2.6211 shares of Star Bulk for each share of Eagle that they own. KSF is seeking to determine whether this consideration and the process that led t.

Houthi attacks on cargo ships have cut Red Sea container traffic by almost 30% since late last year, according to the International Monetary Fund.