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Stock Market & Financial Investment News

News Breaks
April 28, 2014
11:16 EDTCNA, L, BWP, DOLoews says Diamond may have chance to buy rigs at distressed prices
Says believes Diamond Offshore's (DO) long-term prospects remain bright. Says paying dividends to shareholders remains Diamond's top priority. Says Boardwalk (BWP) will continue to consider all options for Bluegrass; the company said Boardwalk had been unable to obtain firm customer contract commitments to proceed with the Bluegrass project. Says "pleased" with CNA's (CNA) progress. Comments made by Loews on its Q1 earnings conference call.
News For L;DO;BWP;CNA 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
08:47 EDTLLoews launches luxury brand platform with acquisition of San Francisco hotel
Loews has completed the acquisition of the 155 room Mandarin Oriental San Francisco Hotel, which has been renamed the Loews Regency San Francisco. The Loews Regency San Francisco joins the Loews Regency New York, creating a distinct Luxury Brand, Loews Regency.
06:16 EDTDOOil layoffs reach 100,000 and still going, WSJ reports
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