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Diamond Offshore Drilling Inc

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  • April 24- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a better-than-expected adjusted profit as the company cut costs and secured higher rates for its upgraded fleet.

  • April 24- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 17 percent drop in quarterly profit as demand fell for rigs used in deep water drilling. Diamond Offshore, whose competitors include Ensco Plc, Transocean Ltd and Helmerich& Payne Inc, has two rigs due for delivery in 2014 but has yet to land contracts for them.

  • Feb 6- Diamond Offshore Drilling Inc reported a better-than-expected profit as the rates it earned for its ultra-deepwater rigs shot up in the fourth quarter. Diamond Offshore also received delivery of a deepwater rig, Chief Executive Larry Dickerson said in a statement.

  • *Plans to shed non-core assets in India, Trinidad. Nov 15- Canadian oil and gas producer Niko Resources Ltd lost more than half its market value after it raised "significant" doubt about its ability to continue as a going concern.

  • *Plans to shed non-core assets in India, Trinidad. Nov 15- Canadian oil and gas producer Niko Resources Ltd said it might not be able to meet its liabilities and raised "significant" doubt about its ability to continue as a going concern, sending its shares plummeting as much as 57 percent.

  • *Plans to shed non-core assets in India, Trinidad. Nov 15- Canadian oil and gas producer Niko Resources Ltd posted its 10th straight quarterly loss and said it might not be able to meet its current liabilities and exploration costs.

  • *Loews 3rd- qtr adj net income fell to $324 mln from $343 mln. Oct 28- Loews Corp, controlled by the billionaire Tisch family, reported lower adjusted net income for the third quarter as profit nearly halved at the conglomerate's Diamond Offshore Drilling Inc unit and overall investment income fell.

  • As US stocks near high, is it time to cherry pick? Wednesday, 23 Oct 2013 | 8:57 PM ET
    Traders on the floor of the New York Stock Exchange.

    With stocks near record highs, strategists are recommending investors focus on stock-picking select names and sectors, rather than the broader market.

  • Early movers: AMAT, FB, AAPL, LEN, NOV, C & more Tuesday, 24 Sep 2013 | 7:50 AM ET

    Some of the names on the move ahead of the open.

  • Will rising rates start to sting stocks? Wednesday, 24 Jul 2013 | 8:36 PM ET

    Wary of rising rates, stock traders will keep an eye on the bond market Thursday as another wave of earnings reports roll in.

  • A Make-or-Break Week Ahead for the Stock Market Saturday, 20 Apr 2013 | 12:30 AM ET

    It's make-or-break time for the first-quarter earnings season, and it comes just as the stock market is showing signs of strain.

  • 2013 Dividend Plays Tuesday, 2 Apr 2013 | 4:17 PM ET

    Aggregate dividends per share for S&P 500 companies grew nearly 16 percent year-over-year at the end of last year, and the number of companies paying a dividend over the trailing month period hit a new, 13-year high, according to Factset.

  • Early Movers: UNH, ADM, CAH & More Tuesday, 5 Feb 2013 | 8:43 AM ET

    Some of the names on the move ahead of the open.

  • Rancor on Debt Ceiling Hurting the Economy: Loews CEO Thursday, 17 Jan 2013 | 2:12 PM ET

    As Washington politicians bicker about raising the debt ceiling and making a meaningful attempt to curb the country's deficit, the economy is suffering, Loews CEO James Tisch told CNBC.

  • What Would Ben Graham Buy These Days? Friday, 7 Dec 2012 | 11:55 AM ET
    A Halliburton facility in Port Fourchon, Louisiana.

    What stocks might the father of value investing, Benjamin Graham, like today? TheStreet.com reports.

  • Diamond Offshore profit tumbles, but beats view Thursday, 18 Oct 2012 | 9:19 AM ET

    HOUSTON-- Diamond Offshore Drilling Inc. said Thursday its third-quarter profit tumbled 30 percent from a year ago, as rig revenue and drilling activity declined. The Houston- based contract driller said its net income for the three months ended Sept. 30 fell to $178.2 million, or $1.28 per share, from with $256.9 million, or $1.85 per share, a year earlier.

  • *FBR cuts Diamond Offshore Drilling Inc to market perform from. *FBR cuts Rowan Companies PLC to market perform from outperform; price. *FBR raises Hercules Offshore Inc price target to $5.25 from $4.40;.

  • *Global hunter raises Baker Hughes Inc price target to $49 from $42. *Global hunter raises Ensco PLC price target to $69 from $67. *Global hunter cuts Flotek Industries Inc price target to $16 from $18.

  • *JP Morgan cuts Rowan Companies PLC to underweight from neutral. *JP Morgan raises Rowan Companies PLC price target to $39 from $38. *JP Morgan cuts Schlumberger price target to $83 from $84; rating overweight.

  • Oct 1- Diamond Offshore Drilling Inc:. *On September 28, entered into a 5- year revolving credit agreement. *Agreement provides for a $750 million senior unsecured revolving credit.

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