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Business, Stocks

“Top Ships downgraded at Maxim on potential for delays at shipyards”

“Top Ships (TOPS -4.8%) tumbles after Maxim Group downgrades shares to Hold from Buy and removes its prior $0.40 price target, citing the potential for delays at shipyards delivering five new ships to the company in 2021. The company has four ships in… Continue Reading…

Business

“American Airlines credit downgraded to B- at S&P, the lowest rating among its airline peers”

“Shares of American Airlines Group Inc. AAL, -9.81% rallied 6.2% in afternoon trading, even as the air carrier’s credit rating was cut to a peer-group low of B- from B at S&P Global Ratings. The credit rating agency said the outlook on the… Continue Reading…