Genco Shipping & Trading Limited today announced that it had successfully completed its previously announced concurrent public offerings of $125,000,000 of aggregate principal amount of 5.00% Convertible Senior Notes due August 15, 2015 and 3,593,750 shares of newly issued common stock. � Gross proceeds of the offerings, in which the underwriters exercised their over-allotment options in full ...

The optimism seen on the Street yesterday is also a result of reassuring news coming out of Europe. Friday's release of the stress tests on 91 European banks showed all but 7 of them will be able to weather a crisis, should there be any.

Carbon allowances in the European Union emissions-trading system fell to their lowest price in almost two weeks as global growth may drop compared with the period before the recession.

THE MAIN stock index inched up despite shortened trading brought about by the local bourse's transition to a new electronic trading system.

Mutual funds, pensions and endowments are spending more on stocks than at any time since the start of the bull market, just as individuals grow the most pessimistic in a year.