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Stock Market & Financial Investment News

News Breaks
January 8, 2013
07:08 EDTRDCRowan Companies upgraded to Neutral from Underweight at JPMorgan
JPMorgan upgraded Rowan Companies to Neutral citing limited downside risk and keeps a $37 price target for shares.
News For RDC From The Last 14 Days
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August 5, 2015
07:34 EDTRDCRowan Companies reports Q2 EPS 68c, consensus 56c
Reports Q2 revenue $508.7M, consensus $507.16M.
July 27, 2015
06:20 EDTRDCU.S. oil firms preparing for extended job cuts, WSJ reports
U.S. energy companies intend to cut more jobs, sell more assets, and engage in more financial maneuvers to deal with the recent drop in U.S. crude-oil prices to below $50 a barrel, the Wall Street Journal reports. Companies have started to warn that more layoffs will come, particularly Halliburton (HAL) and Baker Hughes (BHI), who disclosed last week that they had cut 27,000 jobs between them, the report says. Job cuts for the industry are beginning to extend to engineers and scientists, the report adds. Publicly traded companies in oil industry include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Other publicly traded companies in the space include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link

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