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Stock Market & Financial Investment News

News Breaks
February 20, 2014
08:58 EDTATWAtwood Oceanics announces contract extension for Atwood Aurora
Atwood Oceanics announced that one of its subsidiaries has been awarded an extension to the drilling services contract with Addax Petroleum Cameroon Limited for the jack-up drilling unit Atwood Aurora. The original contract for a one year term to be performed offshore Cameroon has been lengthened to a term of two years, and the operating dayrate for the full two-year term will be approximately $185,000 or $158,000, depending on the well location. Cost escalation provisions will apply at the beginning of the second year of the contract term. Contract commencement is expected to occur in July 2014 in direct continuation of previously announced contractual commitments. With this extension, the firm contractual commitment for the Atwood Aurora is expected to extend to July 2016.
News For ATW From The Last 14 Days
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February 4, 2016
10:00 EDTATWOn The Fly: Analyst Upgrade Summary
Today's noteworthy upgrades include: ADTRAN (ADTN) upgraded to Market Perform from Underperform at Cowen... Alpha & Omega (AOSL) upgraded to Outperform from Market Perform at Northland... Ambarella (AMBA) upgraded to Buy from Neutral at Dougherty... ArcBest (ARCB) upgraded on valuation at Stifel... Arlington Asset Investment (AI) upgraded to Buy from Neutral at Ladenburg... Atwood Oceanics (ATW) upgraded to Accumulate from Hold at KLR Group... Buffalo Wild Wings (BWLD) upgraded to Outperform from Market Perform at Raymond James... C.H. Robinson (CHRW) upgraded to Outperform from Market Perform at Raymond James... CDK Global (CDK) upgraded to Outperform from Market Perform at Barrington... Cadence Design (CDNS) upgraded on valuation, guidance at DA Davidson... China Unicom (CHU) upgraded to Buy from Hold at HSBC... Cloud Peak (CLD) upgraded to Market Perform from Underperform at FBR Capital... Cree (CREE) upgraded to Outperform from Market Perform at Northland... CrossAmerica (CAPL) upgraded to Outperform from Neutral at Baird... Hub Group (HUBG) upgraded on results at Stifel... Kennametal (KMT) upgraded to Neutral from Underperform at Longbow... Lannett (LCI) upgraded to Buy from Hold at Craig-Hallum... Lowe's (LOW) upgraded to Conviction Buy from Buy at Goldman... Mattel (MAT) upgraded to Buy from Sell at Argus... New Oriental Education (EDU) upgraded to Buy from Neutral at Mizuho... Olin Corp. (OLN) upgraded to Buy from Neutral at Monness Crespi... RONA (RONAF) upgraded to Equal Weight from Underweight at Barclays... Red Hat (RHT) upgraded to Outperform from Market Perform at Cowen... Wayfair (W) upgraded to Buy from Neutral at Goldman... Whirlpool (WHR) upgraded to Buy from Neutral at Goldman... Yahoo (YHOO) upgraded to Buy from Neutral at Citi... Zumiez (ZUMZ) upgraded to Buy from Hold at Brean Capital... adidas (ADDYY) upgraded to Buy from Neutral at Goldman.
06:21 EDTATWAtwood Oceanics upgraded to Accumulate from Hold at KLR Group
KLR Group analyst Darren Gacicia upgraded Atwood Oceanics to Accumulate saying the risk/reward is becoming more favorable at current share levels. The analyst raised his price target for the stock to $6.75 from $6.50.
February 2, 2016
16:41 EDTATWAtwood Oceanics reports Q1 EPS with items 60c, consensus $1.13
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