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Stock Market & Financial Investment News

News Breaks
July 15, 2014
06:41 EDTDODiamond 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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April 17, 2015
08:29 EDTDOU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 15, 2015
06:16 EDTDOOil layoffs reach 100,000 and still going, WSJ reports
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April 12, 2015
18:32 EDTDOObama administration expected to toughen offshore drilling regulations, WSJ says
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