Diamond Offshore downgraded to Hold from Buy at Wunderlich Wunderlich downgraded Diamond Offshore citing risk from the number of rigs that need to be recontracted over the next two years and potential downside to consensus estimates. The firm lowered its price target for shares to $50.
News For DO From The Last 14 Days
Check below for free stories on DO the last two weeks.
Diamond Offshore declares special cash dividend of 75c per share Diamond Offshore Drilling announced that the company has declared a special quarterly cash dividend of 75c per share of common stock and a regular quarterly cash dividend of 12.5c per share of common stock. Both dividends are payable on September 2, to shareholders of record on August 6.