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  • *Tyson Foods falls after profit forecast cut. *Diamond Offshore jumps after results handily beat expectations. Investors are also awaiting another batch of earnings reports- AIG, Allstate and General Growth Properties report after the market closes on Monday.

  • Aug 3- Diamond Offshore Drilling Inc, one of the world's top-five offshore rig contractors, reported a much higher-than-expected quarterly profit, helped by demand for its high-tech ultra-deepwater rigs and a drop in operating costs. Diamond Offshore, majority owned by U.S. conglomerate Loews Corp, said on Monday that revenue from its ultra-deepwater...

  • Aug 3- Loews Corp, a hotel, energy and financial services conglomerate, reported a 44 percent drop in its quarterly operating profit due to lower revenue from its Diamond Offshore Drilling Inc unit and its insurance business. Diamond Offshore, Loews' second-largest subsidiary, also posted an 8.4 percent fall in quarterly revenue, hurt by weak demand due to a slump...

  • HOUSTON _ Diamond Offshore Drilling Inc. on Monday reported second-quarter net income of $90.4 million. The average estimate of 13 analysts surveyed by Zacks Investment Research was for earnings of 48 cents per share. Diamond Offshore Drilling shares have decreased 40 percent since the beginning of the year, while the Standard& Poor's 500 index has risen 2...

  • May 4- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, said it was scrapping three rigs in the face of weak demand due to a steep fall in global crude prices. Diamond Offshore, which has 33 rigs, said last year it would idle or sell eight rigs. Utilization rates for Diamond Offshore's ultra-deepwater rigs, its biggest business, fell...

  • May 4- Loews Corp reported a lower-than-expected quarterly profit as its energy subsidiary reported a loss and revenue fell at its insurance unit. According to Thomson Reuters I/B/E/S, Loews earned 69 cents per share on an adjusted basis, below the average analyst estimate of 75 cents. Diamond Offshore Drilling Inc, Loews' second-biggest subsidiary, reported a...

  • Rig contractor Diamond Offshore reports loss Monday, 4 May 2015 | 6:09 AM ET

    May 4- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a net loss compared with a year ago profit, mainly due to an impairment charge of $319 million as it wrote down the value eight rigs. The company reported net loss of $255.7 million, or $1.86 per share, for the quarter ended March 31, compared with a profit of $145.8...

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    Four top technicians check the charts on 4 stocks that could see technical difficulties in the second quarter.

  • March 27- Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10...

  • March 27- Not so long ago, advanced drillships costing more than half a billion dollars each and capable of operating in ever-deeper waters practically guaranteed big profits for oil-rig operators. Drillship operators face a more brutal hit to margins than they did after the oil-price crash of 2008 because of the huge cost of maintaining the more than $10...

  • Is Exxon's dividend at risk? Tuesday, 24 Mar 2015 | 10:37 AM ET

    With worries about dividend cuts in energy, Exxon will be in the spotlight.

  • All analysts want you to do is buy; here's proof Thursday, 26 Feb 2015 | 1:30 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Most analysts on the Street have rarely met an S&P 500 stock they didn't like, or at least weren't willing to hang out with for a while.

  • Feb 16- The chief executive of Transocean Ltd, one of the world's top offshore drilling companies, is stepping down and the company is slashing its dividend as business slows on tumbling crude oil prices. Transocean said on Sunday that Chairman Ian Strachan, who previously held executive positions at Exxon Mobil Corp and Rio Tinto PLC, will serve as interim chief...

  • The Street's favorite S&P 500 stocks for 2015 Friday, 13 Feb 2015 | 3:52 PM ET
    A Nabors Industries floor hand uses a towel to wipe drilling fluid from a section of pipe on a crude oil rig outside New Town, N.D.

    Wall Street believes many oil stocks will emerge from their funk this year, according to a report from Birinyi Associates.

  • *Q4 adjusted loss of 23 cents/ share vs estimate of 32 cents. *Company had cut 15 pct jobs, shut 4 rigs in Gulf of Mexico. Larger rival Diamond Offshore Drilling Inc and land driller Patterson-UTI Energy Inc have warned of a challenging 2015..

  • Feb 12- Drilling rig contractor Hercules Offshore Inc reported a bigger quarterly loss as the company took an impairment charge and demand fell due to weak crude oil prices. Hercules Offshore's fourth-quarter revenue fell 24 percent to $178.7 million. The net loss attributable to Hercules Offshore widened to $154.1 million, or 96 cents per share, in the...

  • Feb 9- Rig contractor Diamond Offshore Drilling Inc said it expected a significant number of ultra-deepwater rigs to be idled across the industry by year-end as oil producers' capital budget is likely to be lowered by a fifth this year. Diamond Offshore slashed its special dividend to 75 cents per share in 2010 following an oil price crash.

  • Feb 9- Rig contractor Diamond Offshore Drilling Inc reported a 7 percent drop in quarterly revenue as demand fell due to weak oil prices, and said it would not pay a special dividend as it had been doing since 2006.. "We had been expecting Diamond Offshore to follow its prior downturn playbook," analysts at Jefferies& Co wrote in a note to clients.

  • Early movers: AAPL, HAS, TE, FOXA, INTU & more Monday, 9 Feb 2015 | 7:51 AM ET
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    Some of the names on the move ahead of the open.