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Stock Market & Financial Investment News

News Breaks
January 31, 2013
12:16 EDTDODiamond Offshore downgraded to Hold from Buy at Standpoint Research
News For DO From The Last 14 Days
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February 8, 2016
11:36 EDTDOLoews says Diamond 'ready to weather the storm'
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11:16 EDTDOLoews says Diamond 'working hard to control expenses'
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11:13 EDTDOLowes' Tisch: Chaos 'continues to reign' over energy market
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11:07 EDTDODiamond Offshore says board discontinues quarterly dividend
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06:12 EDTDODiamond Offshore, GE Oil & Gas enter first-of-its-kind CSA
Diamond Offshore Drilling (DO) and GE Oil & Gas (GE) announced the offshore drilling industry's first-of-its-kind contractual service agreement, or CSA, that transfers full accountability for BOP performance to GE Oil & Gas. In this Pressure Control by the Hour model, Diamond Offshore will compensate GE Oil & Gas only when the BOP is available. This 10-year collaborative arrangement for GE's engageDrilling Services showcases a new way of thinking to drive continuous improvement in deepwater drilling. The arrangement will include GE purchasing the BOP systems aboard Diamond Offshore's four drillships, currently located in the U.S. Gulf of Mexico, for a total of $210M.
06:05 EDTDODiamond Offshore reports Q4 EPS ($1.79), may not compare to consensus 54c
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February 5, 2016
07:15 EDTDODiamond Offshore volatility elevated into Q4 and outlook
Diamond Offshore February call option implied volatility is at 69, March is at 59; compared to its 52-week range of 39 to 82, suggesting large near term price movement into the expected release of Q4 results on February 8.

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