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Stock Market & Financial Investment News

News Breaks
February 3, 2014
06:47 EDTRDCRowan Companies upgraded to Outperform from Market Perform at Raymond James
Raymond James upgraded Rowan to reflect increased earnings forecasts from spec jackup fleet and new delivered UDW drillships over then next two years. Price target is $35.
News For RDC From The Last 14 Days
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April 22, 2015
19:00 EDTRDCRowan reiterates 3%-6% Q1 out-of-service time
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April 17, 2015
08:29 EDTRDCU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies 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
April 15, 2015
06:16 EDTRDCOil layoffs reach 100,000 and still going, WSJ reports
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