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News Breaks
November 26, 2012
07:30 EDTCAMCameron awarded order for drillship package
Cameron announced that it has received an order from STX Offshore & Shipbuilding totaling approximately $275M, to supply a complete drilling equipment package for a 12,000 foot ultradeepwater drillship. STX Offshore & Shipbuilding has a contract to build a new drillship from Sigma Drilling Ltd., of which Vantage Drilling Co. is a partner.
News For CAM From The Last 14 Days
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April 27, 2015
10:00 EDTCAMOn The Fly: Analyst Upgrade Summary
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07:06 EDTCAMCameron upgraded to Outperform from Market Perform at Wells Fargo
Wells Fargo upgraded Cameron to Outperform with a $58-$64 price target range saying it favors capital equipment amid the current offshore downturn.
April 23, 2015
10:00 EDTCAMCameron says pricing pressures in subsea business are 'substantial'
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09:56 EDTCAMCameron expects to ship out $5.7B of its backlog in 2015
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09:51 EDTCAMCameron expects Q2 margins to come down a bit from Q1
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09:41 EDTCAMCameron backs FY15 new subsea orders at or above levels in 2014
09:40 EDTCAMCameron says downturn in spending hitting N American harder than international
The company says the speed of cyclical downturn is creating uncertainty for all businesses and says there's "not much to gain" from predicting the length and depth of the cycle. Comments taken from Q1 earnings conference call.
07:38 EDTCAMCameron says cyclical downturn represents increasing headwind relative to Q1
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07:37 EDTCAMCameron reports Q1 orders and backlog declined sequentially
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07:37 EDTCAMCameron reports Q1 EPS excluding items 91c, consensus 70c
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April 22, 2015
15:50 EDTCAMNotable companies reporting before tomorrow's open
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April 17, 2015
12:34 EDTCAMCameron could rise 20% over next 12 months, Barron's says
Shares of Cameron, down 26% over the past nine months to around $50, could bounce back to $60 over the next year as the company benefits from well upgrades and the anticipated rebound in oil prices, Barron's reports. Reference Link
April 15, 2015
08:58 EDTCAMOil services stocks should be bought on dips, says BMO Capital
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