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News Breaks
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November 20, 2009
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| 14:08 EDT |  | NE |
| theflyonthewall.com: | Noble Corporation pullback presents buying opportunity, says Weeden | | Weeden notes that ODS, a widely followed offshore rig market data provider, issued a story yesterday afternoon saying Pemex would reduce by 12 the number of jackups working in Mexico. The firm estimates a 50c-55c EPS impact to its 2010 estimate of $5.55 if Noble were to have no contract renewals in 2010. However, Weeden views the sell-off in Noble shares as overdone and keeps a Buy rating on the stock. :theflyonthewall.com |
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February 13, 2012
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| 10:25 EDT |  | NE |
| | 06:12 EDT | | NE |
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February 7, 2012
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| 08:43 EDT |  | NE |
| theflyonthewall.com: | Noble Corporation says continues to evaluate disposition options | | Noble says "We may dispose of some or all of our lower specification units and related assets and operations in one or more transactions. These dispositions may include sales of assets to third parties, a spin-off or other distribution or separation of assets. In analyzing any disposition, we will consider the strategic benefit to us of the potential transaction while seeking to secure what we consider appropriate value. To date, no potential disposition has provided the results we seek. The drilling market for lower specification units has recently improved, and we have experienced increased utilization and dayrates for these assets in certain areas. Thus, while we continue to evaluate disposition options, we believe these units should provide a positive contribution to our overall results under current market conditions. We can provide no assurance as to whether any disposition transaction will occur or what form it may take." :theflyonthewall.com |
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February 6, 2012
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| 15:14 EDT |  | NE |
| | 14:39 EDT |  | NE |
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