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xanadu90

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xanadu90

Re: Wildbill729 post# 247869

Monday, 02/11/2008 10:09:59 AM

Monday, February 11, 2008 10:09:59 AM

Post# of 648882
FRO $ 43.00 up 1.5%
AP Premarket Movers:
Monday February 11, 9:19 am ET

"Shares of oil tanker Frontline Ltd. rose in the early session following an upgrade from JPMorgan Securities analyst Jonathan B. Chappell.

Frontline shares gained $1.07, or 2.5 percent, to $43.40 premarket on the raise to "Neutral" from "Underweight," or "Sell."

Chappell also raised his earnings estimates for the Bermuda-based company. For the upgrade, he cited record prices for fuel and an expectation that the company will keep its dividend despite a slightly weak fourth quarter."

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