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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:43 EDTRIG, ATW, RDC, DO, ESV, HERO, NEOffshore Drilling sector cut to Underweight at Wells Fargo
Wells Fargo downgraded the Offshore Drilling sector two notches to Underweight from Overweight saying it sees the potential for a value trap in 2014. Wells sees the possibility for more serious rate cutting as the prospect for idle time increases. Within the sector, Wells downgraded shares of Diamond Offshore (DO), Ensco (ESV), Hercules Offshore (HERO), Noble Corp. (NE) and Transocean (RIG) to Market Perform from Outperform. The firm keeps Outperform ratings on Atwood Oceanics (ATW) and Rowan Companies (RDC).
News For DO;ESV;HERO;NE;RIG;ATW;RDC From The Last 14 Days
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August 20, 2014
08:27 EDTRIGTransocean management to meet with Jefferies
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August 14, 2014
17:20 EDTRDCRowan Companies to replace Mallinckrodt in S&P 400 as of 8/18 close
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17:18 EDTRDCMallinckrodt to replace Rowan Companies in S&P 500 as of 8/18 close

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