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Stock Market & Financial Investment News

News Breaks
December 3, 2012
05:55 EDTLUFK, LUFK, BAS, BAS, UNT, UNT, HERO, HERO, CLR, CLR, HAL, HAL, TDW, TDW, FET, FET, AXAS, AXAS, PACD, PACD, BRS, BRSDahlman Rose to host a conference
Oilfield Services Conference is being held in New York on December 3-4.
News For LUFK;PACD;AXAS;FET;TDW;HAL;CLR;HERO;UNT;BAS;BRS From The Last 14 Days
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May 23, 2013
08:17 EDTTDWTidewater price target raised to $64 from $56 at Cowen
Cowen raised its price target and estimates on Tidewater to account for the addition of the Troms vessels and increased day rate assumptions. Shares are Buy rated.
07:31 EDTHALSenate Energy & Natural Resources Committee to hold a forum
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May 22, 2013
17:51 EDTBRSBristow Group sees FY14 EPS $4.20-$4.50, consensus $4.47
"FY14 EPS guidance, which is in the upper range of the previously provided long term average adjusted earnings growth rate of 10-15% per year, is based on our commercial and operational teams' proven ability to capitalize on overall market strength and excel in the face of a number of challenges," the company said.
17:50 EDTBRSBristow Group increases dividend 25% to 25c per share
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17:49 EDTBRSBristow Group reports Q4 adjusted EPS $1.01, consensus $1.02
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May 21, 2013
11:35 EDTTDWTidewater sees Q1 vessel revenue $320M-$330M
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07:58 EDTTDWTidewater reports Q4 EPS 95c, consensus 61c
Reports Q4 revenue $328.3M, consensus $31782M.
07:36 EDTHALUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
06:24 EDTBRSBristow Group raises quarterly dividend 25% to 25c per share from 20c per share
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May 20, 2013
15:22 EDTTDWNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c.
07:41 EDTHALMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
07:03 EDTHEROHercules Offshore to divest majority of inland fleet for $45M
Hercules Offshore announced that it has entered into an agreement for the sale of eleven inland barge rigs, which includes three active rigs, eight cold stacked rigs, and related assets for cash proceeds of approximately $45M. Excluded from the Inland Asset Package are the Hercules 27, for which the company has a separate agreement to sell the rig to a third party for $5M, the Hercules 52, and the Hercules 9. The company will also retain existing working capital within the Inland segment. Closing will be staggered based on the expiration dates of existing contracts on the three active rigs and is subject to the completion of certain customary closing conditions. The initial closing will include ten of the rigs and is expected in late second quarter, at which time the company will receive $35M, and closing on the final rig is expected in early third quarter 2013, at which time the company will receive the remaining balance of $10M. The company expects to record a non-cash impairment charge of approximately $40Mas a result of the sale in the second quarter 2013.
May 17, 2013
16:25 EDTLUFKGabelli raises stake in Lufkin to 8.87% from 7.82%
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08:09 EDTTDWTidewater announces new $200M share repurchase program
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May 16, 2013
10:03 EDTTDWOn The Fly: Analyst Upgrade Summary
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09:26 EDTTDWTidewater upgraded to Outperform from Sector Perform at Iberia
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07:26 EDTCLRBarrington to host a conference
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May 15, 2013
17:18 EDTHALBP Capital gives quarterly update on stakes
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16:42 EDTBASBasic Energy reports well servicing rig count unchanged at 425
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16:41 EDTBASBasic Energy cuts Q2 revenue view to 5%-7% sequential growth from 10%
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