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NMM

Navios Maritime Partners

$0.85

-0.0318 (-3.59%)

16:16
03/22/19
03/22
16:16
03/22/19
16:16

Navios Maritime Partners receives continued listing standards notice from NYSE

Navios Maritime Partners L.P. announced that on March 14, 2019, the company was notified by the New York Stock Exchange, Inc. that it is no longer in compliance with the NYSE's continued listing standards because the average closing price of the company's common stock over a consecutive 30 trading-day period was less than $1.00 per unit. The NYSE's notification has no impact on the company's business operations. The company responded to the NYSE confirming its intent to cure this deficiency within the prescribed timeframe set out in the NYSE's Listed Company Manual. During this time, the company's common stock will continue to be listed and trade on the NYSE. The NYSE's notification does not affect the company's Securities and Exchange Commission reporting requirements.

NMM Navios Maritime Partners
$0.85

-0.0318 (-3.59%)

10/17/18
JPMS
10/17/18
UPGRADE
JPMS
Overweight
Navios Maritime Partners upgraded to Overweight from Neutral at JPMorgan
JPMorgan analyst Noah Parquette upgraded Navios Maritime Partners (NMM) to Overweight without a price target. The company has "substantial positives" that differentiate it from other dry bulk companies, such as low leverage, relatively high charter coverage and diversification into the containership sector, Parquette tells investors in a research note. He now believes the stock's upside is attractive relative to the rest of his coverage universe. Parquette's top pick in dry bulk remains Star Bulk Carriers (SBLK) with a $20 December 2019 price target.

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CRON

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TECD

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T

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AGCO

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CE

Celanese

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STI

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WBS

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HSBC

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HES

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CSCO

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GLD

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T

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CBPO

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GSK

GlaxoSmithKline

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