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Diamond Offshore Drilling Inc

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  • 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 Drilling beats 3Q profit expectations Thursday, 23 Oct 2014 | 6:18 AM ET

    HOUSTON _ Diamond Offshore Drilling Inc. on Thursday reported third-quarter net income of $52.6 million. The average estimate of analysts surveyed by Zacks Investment Research was for earnings of 78 cents per share. Analysts expected $743.5 million, according to Zacks.

  • 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: 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.

  • Loews quarterly profit falls 57 pct Monday, 4 Aug 2014 | 6:17 AM ET

    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.. Net income attributable to Loews fell to $116 million, or 30 cents per share, in the second quarter ended June 30 from $269 million, or 69 cents per share, a year earlier.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, forecast falling demand for deepwater rigs, overshadowing robust demand for jack-up rigs, used in shallower waters, as well as land rigs.

  • July 29- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, reported a better-than-expected rise in profit for the fourth quarter in a row due to higher margins in its rig systems business.

  • Midday movers: Coach, First Solar, Walgreen & more Wednesday, 4 Jun 2014 | 12:39 PM ET
    A trader works on the floor of the New York Stock Exchange.

    Take a look at some of Wednesday's midday movers: Coach, First Solar, Walgreen & more.

  • 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..

  • Midday movers: Ford, Microsoft, Visa & More Friday, 25 Apr 2014 | 11:59 AM ET

    Some of Friday's midday movers: Ford, Microsoft, Visa and more

  • Midday movers: Apple, Netflix, Sotheby's & More Thursday, 24 Apr 2014 | 12:32 PM ET
    A customer tries an Apple product at the company's Fifth Avenue store in Midtown Manhattan on April 22, 2014 in New York City.

    Some of Thursday's midday movers:

  • 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.