OSG

Overseas Shipholding Group Reported Narrower-Than-Expected Q4 Loss

Morten Arntzen, President and CEO, said, "2010 was clearly a disappointing year financially as a result of very depressed rates in all tanker segments in the last two quarters of the year. Nevertheless, we made substantial progres

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Overseas Shipholding Group (NYSE:OSG) reported a Q4 loss of $1.96 per share, ex-items, narrower than consensus estimates for a loss of $1.98 per share. Revenues for the quarter fell 4.4% year-over-year to $232.0 million, ahead of

By Stephanie Shyu
sshyu@fnno.com

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