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Diamond Offshore Drilling Inc

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  • Dec 8- Precision Drilling Corp said it expected 2015 capital spending to be 44 percent lower than this year's already lowered budget as a steep fall in oil prices threaten to render exploration and development project uneconomic. Precision Drilling, Canada's largest oil and gas drilling contractor, said it expected to spend C $493 million next year.

  • *Dow, S&P 500 hit intraday and closing records. NEW YORK, Dec 3- U.S. stocks rose on Wednesday, with both the Dow and S&P 500 ending at records, as data pointed to improving conditions in the U.S. services sector, boosting cyclical stocks. Both the Dow and S&P also ticked to intraday records in a quiet session, with many traders looking ahead to tomorrow's key meeting of the...

  • NEW YORK, Dec 3- U.S. stocks rose modestly on Wednesday as energy-related shares rose for a third straight session and data pointed to improving conditions in the U.S. services sector, which makes up a majority of the economy. Cimarex Energy was the S&P 500' s top percentage gainer, up 5.9 percent at $108.98. Diamond Offshore rose 3.7 percent to $31.46.

  • Nov 3- Hotel, energy and financial services conglomerate Loews Corp reported a 26 percent drop in quarterly profit due to lower investment income and weaker earnings from its oil rig and insurance subsidiaries. Net income attributable to Loews fell to $208 million, or 55 cents per share, in the third quarter ended Sept. 30, from $282 million, or 73 cents per share, a...

  • Lightning Round: Diamond Offshore, Melco Crown & more Thursday, 30 Oct 2014 | 7:35 PM ET

    Are you ready skeedaddy???!!! It's time for the Lightning Round. Cramer makes the call on viewer favorites.

  • Lower oil not forcing companies to cut production Friday, 24 Oct 2014 | 2:53 PM ET

    Oil companies have yet to cut production and capital expenditures amid low oil prices. But if oil drops furthers, that could change.

  • Stocks snap back on good earnings, strong economy Thursday, 23 Oct 2014 | 4:04 PM ET
    Traders on the floor of the New York Stock Exchange, October 23, 2014.

    Good earnings and improving economic data are causing money to pile into the U.S. stock market.

  • Midday movers: Deere, GrubHub, Lazard, Pfizer & more Thursday, 23 Oct 2014 | 12:50 PM ET

    Some of Thursday's midday movers:

  • Oct 23- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. Diamond Offshore said Petrobras has extended contracts on three ultra-deepwater rigs, which are expected to generate revenue of up to $1.4...

  • Oct 23- Rig contractors Diamond Offshore Drilling Inc and Patterson-UTI Energy Inc reported big drops in quarterly profits, hurt by one-time charges to retire some old rigs. Offshore driller Diamond Offshore recorded a non-cash impairment charge of $109 million, pushing its third-quarter net income down 44 percent. Diamond Offshore said on Thursday it had...

  • Diamond Offshore profit drops 44 pct due to charges Thursday, 23 Oct 2014 | 6:12 AM ET

    Oct 23- Diamond Offshore Drilling Inc reported a lower third-quarter profit, hurt by a non-cash impairment charge of $109 million before tax as a result of retiring and scrapping six semisubmersible rigs. Net income fell to $52.6 million, or 38 cents per share, in the quarter ended Sept. 30, from $94.7 million, or 68 cents per share, a year earlier.

  • Midday Movers: Media General, Noble, Yodlee & More Friday, 3 Oct 2014 | 12:10 PM ET

    Take a look at some of Friday's midday movers.

  • Midday movers: Hasbro, KB Home, Transocean & more Wednesday, 24 Sep 2014 | 11:42 AM ET

    Take a look at some of Wednesday's midday movers.

  • US STOCKS-Wall St gains on earnings; utilities sag Monday, 4 Aug 2014 | 2:38 PM ET

    *Berkshire Hathaway shares up after results. NEW YORK, Aug 4- U.S. stocks were slightly positive in trading on Monday afternoon, boosted by earnings including Berkshire Hathaway's results, though gains were offset by drops in high-dividend payers in the utilities sector.

  • Midday movers: Amgen, Groupon, Walt Disney & more Monday, 4 Aug 2014 | 1:02 PM ET
    A live market monitor is viewed on the floor of the New York Stock Exchange (NYSE).

    Some of Monday's midday movers:

  • *Berkshire Hathaway shares up after results. NEW YORK, Aug 4- U.S. stocks were little changed in volatile trading Monday as earnings, including those of Warren Buffett's Berkshire Hathaway, were partly offset by drops in high-yielding dividend stocks in the utilities sector.

  • US STOCKS-Wall St up on earnings, Portugal bank deal Monday, 4 Aug 2014 | 10:32 AM ET

    *Berkshire Hathaway shares up after results. *Michael Kors shares reverse premarket move, fall 5.5 pct. NEW YORK, Aug 4- U.S. stocks rose in morning trading on Monday, lifted by earnings including those of Warren Buffett's Berkshire Hathaway, with gains partly offset by drops in high-yielding dividend stocks in the utilities sector.

  • *Berkshire Hathaway shares up after results. *Diamond Offshore weighs on Loews earnings. *Portugal will spend 4.9 billion euros to rescue Banco Espirito Santo, its largest listed lender, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.

  • *Michael Kors shares rise as revenue soars. *Diamond Offshore weighs on Loews earnings. *Portugal will spend 4.9 billion euros to rescue Banco Espirito Santo, its largest listed lender, testing the euro zone's resilience to another banking crisis just months after Lisbon exited an international bailout.

  • Aug 4- Hotel, energy and financial services conglomerate Loews Corp reported a 57 percent drop in quarterly profit due to lower earnings from Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors.