Diamond Offshore upgraded to Market Perform from Underperform at BMO Capital BMO upgraded the offshore drillers to Market Perform from Underperform citing valuation, reduced expectations, and a slow resumption in activity. Price target raised to $49 from $36.
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.