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Stock Market & Financial Investment News

News Breaks
December 10, 2013
19:14 EDTPDSPrecision Drilling says active drilling rig count increasing throughout Q4
Precision's active drilling rig count in both Canada and the United States has been increasing throughout Q4. Precision has 109 active drilling rigs in Canada, 93 in the United States and 12 in international locations. The company expects Precision's Canadian drilling rig count to remain at current levels until industry activity breaks for the holiday season before returning to higher activity after the first of the year. The company expects its Q1 peak activity levels to be similar to winter 2013. In the United States, the company expects recent market share gains to be maintained in the near term and activity levels to increase or decrease with industry activity. Precision currently has 200 Tier 1 rigs and will have 211 Tier 1 drilling rigs upon delivery of all announced new builds, up from 93 Tier 1 rigs in 2009. To date in 2013, the company has completed and delivered eight new build drilling rigs.
News For PDS From The Last 14 Days
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November 25, 2014
09:42 EDTPDSNorth American Shale Drilling Services sector downgraded at OTR Global
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November 18, 2014
14:57 EDTPDSPrecision Drilling management to meet with Jefferies
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09:56 EDTPDSOn The Fly: Analyst Downgrade Summary
Today's noteworthy downgrades include: Allergan (AGN) downgraded to Market Perform from Outperform at William Blair... Wells Fargo (WFC) downgraded to Market Perform from Outperform at BMO Capital... Allergan downgraded to Neutral from Buy at Guggenheim... Allergan downgraded to Neutral from Buy at SunTrust... Basic Energy (BAS) downgraded to Neutral from Buy at SunTrust... CBS (CBS) downgraded to Neutral from Overweight at Atlantic Equities... Key Energy (KEG) downgraded to Neutral from Buy at SunTrust... Macy's (M) downgraded to Neutral from Buy at BofA/Merrill... Statoil (STO) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Market Perform from Outperform at Telsey Advisory... Urban Outfitters downgraded to Market Perform from Outperform at William Blair... Urban Outfitters downgraded to Neutral from Overweight at Atlantic Equities... Baker Hughes (BHI) downgraded to Hold from Buy at Argus.... Precision Drilling (PDS) downgraded to Market Perform at Raymond James.
08:54 EDTPDSPrecision Drilling downgraded to Market Perform at Raymond James
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