Navios Maritime Holdings

The Baltic Dry Index provides an assessment of the price of moving the major raw materials by sea. The index is issued daily by the London-based Baltic Exchange and is not limited to Baltic Sea nations. The index on Tuesday rose 5.6 percent to 836 points based on Baltic Exchange data. Tuesday...

In a new report, Citi is very optimistic on Navios Maritime Holdings (NYSE: NM). Citi is reporting, “We are adjusting our estimates down for 4Q10, while increasing EPS for 2011 and 2012. As such, we reiterate our Buy rating and $6.50 price target on NM shares. We continue to be constructive on...