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Stock Market & Financial Investment News

News Breaks
October 23, 2012
06:17 EDTHAL, RIG, NE, SLB, NBR, RDC, WFT, DO, PDE, BHIU.S. oil and gas industry jobs surging, Reuters reports
The U.S. oil and gas industry is supporting a total of 1.7M jobs this year, and it's expected to surge to nearly three million by 2020, according to a forecast by IHS Global Insight (IHS), which is studying the impact that booming production of so-called "unconventional" oil and gas has had on the American economy, reports Reuters. Reference Link
News For NE;PDE;RDC;RIG;DO;NBR;HAL;WFT;SLB;BHI From The Last 14 Days
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May 24, 2013
13:02 EDTBHIBaker Hughes U.S. right count down 7 to 1,762
U.S. Rig Count is down 7 from last week at 1,762, with oil rigs down 6 at 1,402, gas rigs unchanged at 354, and miscellaneous rigs down 1 at 6. U.S. Rig Count is down 221 rigs from last year at 1,983, with oil rigs up 19, gas rigs down 240, and miscellaneous rigs unchanged. The U.S. Offshore rig count is 51, down 1 from last week, and up 3 year over year.
May 23, 2013
16:41 EDTSLBHelmerich & Payne to sell part of equity portfolio
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12:24 EDTRIGTransocean management to meet with Jefferies
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10:08 EDTDOOn The Fly: Analyst Upgrade Summary
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07:31 EDTHAL, BHISenate Energy & Natural Resources Committee to hold a forum
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06:05 EDTDODiamond Offshore upgraded to Neutral from Sell at Goldman
Goldman upgraded Diamond Offshore due to relative valuation and attractive earnings growth. Price target is $85.
May 22, 2013
10:08 EDTRDCRowan Companies management to meet with FBN Securities
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07:30 EDTBHI, WFTUBS to host a conference
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May 21, 2013
16:25 EDTRIGTransocean announces first quarterly dividend installment of 56c per share
Transocean announced the schedule for the first installment of its U.S. dollar-denominated dividend of $2.24 per share, or approximately $807M in the aggregate, from additional paid-in capital. The first installment of 56c per share, or approximately $202M, is based upon the number of currently outstanding shares and represents the first of four quarterly installments totaling $2.24 per share, which was approved by shareholders at the company's Annual General Meeting held on May 17. The dividend will be paid on June 19 to shareholders of record on May 31. The ex-dividend date is May 29.
07:36 EDTRIG, NBR, HAL, NEUBS 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
May 20, 2013
19:32 EDTSLBSchlumberger CEO sells more than $4.67M of shares, Barron's says
Schlumberger CEO Paal Kibsgaard exercised options and sold more than 60,000 shares on May 16 for proceeds of more than $4.67M, leaving Kibsgaard with direct holdings of 40,000 shares, reports Barron's Inside Scoop. Reference Link
07:41 EDTNBR, DO, BHI, SLB, NE, HALMitsubishi UFJ Securities to host an energy tour
May Energy Tour travels throughout the Houston and San Antonio area on May 20-23.
May 17, 2013
13:53 EDTRIGTransocean holders approve dividend, reject Icahn proposal
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13:50 EDTRIGIcahn nominee wins seat on Transocean board
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12:28 EDTRIGTransocean holders reject Icahn's $4 dividend plan, Bloomberg reports
Transocean's (RIG) shareholders rejected the $4 per share dividend proposal in favor of management's $2.24 per share annual dividend, Bloomberg reports, citing a person familiar with the vote count.Reference Link
11:48 EDTRIGTransocean holders reject Icahn's $4 dividend plan, Bloomberg reports
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May 16, 2013
12:47 EDTRIGTransocean EPS estimates lowered at Wells Fargo
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May 15, 2013
17:18 EDTHALBP Capital gives quarterly update on stakes
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16:48 EDTRIGIcahn gives quarterly update on stakes
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11:48 EDTNEAppaloosa reports new stakes in Comcast, Ashland, sells Oracle
David Tepper's Appaloosa in its quarterly filing report new positions in Comcast (CMCSA), Prudential (PRU), Hess Corp. (HES), Check Point (CHKP), KBR (KBR) and Ashland (ASH). The fund sold its stakes in Oracle (ORCL) and Noble Corp. (NE). Appaloosa's top position is in Citigroup (C), with a stake worth over $376.9M.
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