Dec 9, 2010

STX about to win an offshore project



South Korean shipyard, gained 7.2 percent to 22,300 won, the most since Nov. 17. “There are rumors that the company may win an offshore order this month,” said Cho In Karp, head of research at Heungkuk Securities Co. in Seoul. STX Offshore can’t confirm the speculation, the company said in an e-mailed response to questions.

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