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Stock Market & Financial Investment News

News Breaks
June 17, 2014
17:42 EDTOIIOceaneering acquires Spectrum Sales & Services
Oceaneering International announced it has acquired Spectrum Sales & Services, a nondestructive examination company that has developed subsea pipeline inspection technology based on the use of Electro Magnetic Acoustic Transducer technology. Spectrum currently serves the oil and gas, petrochemical, and power industries primarily in the Gulf Coast Region of the U.S.. Spectrum's revenue for 2013 was approximately $4M.
News For OII From The Last 14 Days
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February 12, 2016
09:59 EDTOIIOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Aegerion (AEGR) downgraded to Underperform from Neutral at BofA/Merrill... Archer Daniels (ADM) downgraded to Hold from Buy at Argus... Bed Bath & Beyond (BBBY) downgraded to Perform from Outperform at Oppenheimer... Best Buy (BBY) downgraded to Perform from Outperform at Oppenheimer... Boeing (BA) downgraded to Neutral from Overweight at JPMorgan... CSX (CSX) downgraded to Market Perform from Outperform at Avondale... Comstock Resources (CRK) downgraded to Neutral from Buy at Ladenburg... EV Energy (EVEP) downgraded to Neutral from Buy at Ladenburg... FNFV (FNFV) downgraded to Market Perform from Outperform at Keefe Bruyette... Flowers Foods (FLO) downgraded to Hold from Buy at Deutsche Bank... Goldcorp (GG) downgraded to Sector Performer from Outperformer at CIBC... Group 1 Automotive (GPI) downgraded to Sector Weight from Overweight at KeyBanc... HSBC cuts Sprint (S) to sell, says competitors may make turnaround difficult... KAR Auction (KAR) downgraded to Neutral from Buy at Goldman... LINN Energy (LINE) downgraded to Sell from Neutral at Citi... LPL Financial (LPLA) downgraded to Market Perform from Outperform at Wells Fargo... Legacy Reserves (LGCY) downgraded to Neutral from Buy at Ladenburg... LinnCo (LNCO) downgraded to Sell from Neutral at Citi... Memorial Production (MEMP) downgraded to Neutral from Buy at Ladenburg... NetApp (NTAP) downgraded to Underweight from Neutral at Atlantic Equities... Netflix (NFLX) downgraded to Market Perform from Outperform at FBR Capital... Nu Skin (NUS) downgraded to Neutral from Buy at Sidoti... Oceaneering (OII) downgraded on multiple headwinds at RBC Capital... Och-Ziff Capital (OZM) downgraded to Neutral from Buy at Compass Point... Stone Energy (SGY) downgraded to Neutral from Buy at Ladenburg... Vanguard Natural (VNR) downgraded to Neutral from Buy at Ladenburg.
08:08 EDTOIIOceaneering downgraded on multiple headwinds at RBC Capital
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February 11, 2016
10:57 EDTOIIOceaneering downgraded to Underperform from Sector Perform at RBC Capital
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February 10, 2016
17:09 EDTOIIOceaneering sees lower demand for services, products in 2016
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17:08 EDTOIIOceaneering sees 2016 organic CapEx $150M-$200M
Approximately $75M of which is expected to be maintenance capital expenditure.
17:06 EDTOIIOceaneering says expects to maintain current dividend throughout 2016
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17:06 EDTOIIOceaneering reports Q4 adjusted EPS 58c, consensus 58c
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February 2, 2016
17:09 EDTOIIOceaneering announces BP terminated use of vessel Bourbon Oceanteam 101
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