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Diamond Offshore Drilling Inc

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  • April 28- Hotel, energy and financial services conglomerate Loews Corp reported a 75 percent drop in quarterly profit as it booked a loss related to the pending sale of the annuity and pension deposit business of CNA Financial Corp..

  • 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.

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  • 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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