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Stock Market & Financial Investment News

News Breaks
December 13, 2012
13:59 EDTHLXHelix Energy expects sale to close in 1Q13, to use proceeds to repay debt
The transaction has an effective date of December 1 and is expected to close in 1Q13, customary closing conditions. The divestment of ERT is in line with Helix's strategy of focusing on providing Well Intervention and Robotics services, and Helix intends to use the proceeds from this transaction to repay debt as well as accelerate the company's plans to grow these businesses.
News For HLX From The Last 14 Days
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May 4, 2015
09:30 EDTHLXHelix Energy upgraded to Buy from Accumulate at Tudor Pickering
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07:19 EDTHLXCredit Suisse to hold a conference tour
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April 30, 2015
09:11 EDTHLXSubsea Services Alliance announces plans for 15K-psi intervention riser system
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April 21, 2015
10:21 EDTHLXHelix Energy says it is too early to say whether market is at bottom
The company is concerned about filing out utilization for its Robotics group, but added it is "as pleased as it can be" given the cyclical conditions. Comments taken from Q1 earnings conference call.
09:44 EDTHLXHelix Energy sees FY15 EBITDA $200M-$240M.
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09:44 EDTHLXHelix Energy sees FY15 revenue $840M, consensus $903.21M
Sees FY15 Well Intervention revenue $475M, FY15 Robotics revenue $320M, FY15 Production Facilities revenue $80M, FY15 Elimination revenue ($35M). Comments taken from slides for Q1 earnings conference call.

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