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Stock Market & Financial Investment News

News Breaks
February 27, 2013
07:33 EDTGLFGulfMark Offshore sell-off on earnings miss overdone, says Citigroup
Citigroup views the post-earnings pullback in shares of GulfMark Offshore as overdone and reiterates a Buy rating on the stock with a $50 price target. Citi continues to view GulfMark Offshore as an acquisition candidate and says the factors that drove the earnings miss are temporary.
News For GLF From The Last 14 Days
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October 23, 2014
10:01 EDTGLFOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: 3D Systems (DDD) downgraded to Hold from Buy at Brean Capital... Angie's List (ANGI) downgraded to Hold from Buy at Needham... Avalon Rare Metals (AVL) downgraded to Neutral from Buy at Citigroup... Axiall (AXLL) downgraded at Cowen... BB&T (BBT) downgraded to Neutral from Buy at Goldman... Boeing (BA) downgraded at Credit Suisse... Boulder Brands (BDBD) downgraded to Hold from Buy at Canaccord... Citrix (CTXS) downgraded to Hold from Buy at Drexel Hamilton... ClickSoftware (CKSW) downgraded to Hold from Buy at Lake Street... DTS, Inc. (DTSI) downgraded to Underweight from Neutral at JPMorgan... GulfMark Offshore (GLF) downgraded to Market Perform from Outperform at Cowen... Home Loan Servicing (HLSS) downgraded to Neutral from Buy at Compass Point... ICON plc (ICLR) downgraded to Equal Weight from Overweight at First Analysis... IPC The Hospitalist Co. (IPCM) downgraded to Market Perform at Wells Fargo... Melco Crown (MPEL) downgraded to Neutral from Buy at Nomura... Mercer (MERC) downgraded at Credit Suisse... ONEOK Partners (OKS) downgraded to Neutral from Buy at BofA/Merrill... Owens Corning (OC) downgraded to Neutral from Overweight at JPMorgan... Regency Energy Partners (RGP) downgraded to Neutral from Buy at BofA/Merrill... The Medicines Co. (MDCO) downgraded to Neutral from Buy at BofA/Merrill... Tupperware Brands (TUP) downgraded to Neutral from Overweight at JPMorgan... Union Bankshares (UBSH) downgraded at RW Baird... VOC Energy Trust (VOC) downgraded at RBC Capital... Yelp (YELP) downgraded to Hold from Buy at Stifel.
06:09 EDTGLFGulfMark Offshore downgraded to Market Perform from Outperform at Cowen
Cowen downgraded GulfMark to Hold following the disappointing Q3 report and guidance.
October 22, 2014
10:09 EDTGLFOn The Fly: Analyst Downgrade Summary
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08:46 EDTGLFGulfMark Offshore downgraded to Neutral from Accumulate at Global Hunter
Global Hunter downgraded GulfMark Offshore following the Q3 report and reduced guidance. Price target lowered to $30 from $39. Note that Morgan Stanley also downgraded shares today.
08:43 EDTGLFGulfMark Offshore downgraded to Underweight from Equal Weight at Morgan Stanley
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07:31 EDTGLFGulfMark Offshore downgraded to Hold from Buy at ISI Group
ISI Group downgraded GulfMark to Hold following the disappointing Q3 report and guidance and significantly lowered its expectations for utilization in Southeast Asian and the Americas. Price target lowered to $27 from $35.
October 20, 2014
18:04 EDTGLFGulfMark Offshore expects FY15 revenue $480M-$530M, consensus $575.48M
18:03 EDTGLFGulfMark lowers FY14 revenue guidance to $490M-$495M, consensus $519.02M
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18:02 EDTGLFGulfMark Offshore expects Q4 revenue $110M-$115M, consensus $136.52M
18:01 EDTGLFGulfMark Offshore reports Q3 ex-items EPS 75c, consensus 82c
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October 15, 2014
07:09 EDTGLFGulfMark Offshore initiated with a Buy at ISI Group
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