Diamond Offshore upgraded to Market Perform from Underperform at FBR Capital FBR Capital upgraded Diamond Offshore to Market Perform citing valuation and less chances of another special dividend cut given the company's use of leverage. FBR lowered its price target for shares to $45 from $47.
News For DO From The Last 14 Days
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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.