Eagle Bulk Shipping (EGLE) announced after the bell Wednesday that it has reached an agreement with a syndicate of its lenders, led by Royal Bank of Scotland plc. The agreement resolves all outstanding issues with its lenders and significantly improves the company's position.
Eagle Bulk Shipping gapped open higher Thursday and is now up 1.07 at $4.05 on above average volume. The stock has risen above a range and has set a one-month high.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.