Shares of Frontline (NYSE:FRO) are surging today on speculation that political turmoil may shut down the Suez Canal, forcing ships to circumnavigate Africa, and lifting worldwide tanker rates.
Frontline is higher by nearly 7.75 percent.
Accuray (NASDAQ:ARAY), a maker of medical radiation equipment announced an uxpected profit. The company earned about $4.1 million, or 7 cents per share, compared with a loss of $1.2 million, or 2 cents per share, during the same period last year. Revenue fell 5 percent to $54.2 million from $57.3 million.
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