Shares of Leading Bunker Supplier Aegean Petroleum Crushed After Company Reveals $200 Million Write-Off

Shares of NYSE-listed leading international bunker fuel supplier Aegean Marine Petroleum Network crashed more than 75% Tuesday after the company revealed it will likely have to write off $200 million in bad transactions.  The Greek marine fuel logistics company gave the bad news in a statement issued late Monday in which it revealed the preliminary results of a … [Read more...]