DryShips Inc. (Nasdaq: DRYS) blamed a goodwill impairment charge along with contract termination fees for swinging to a loss for the fourth quarter of $18.42 per share compared with income of $5.35 per share in the year ago period. Shares of the drybulk carrier tumbled 77 cents to close at $4.75.
DryShips Swings To Loss
March 25, 2009 at 18:22 PM EDT