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Stock Market & Financial Investment News

News Breaks
April 11, 2014
06:58 EDTSDRLSeadrill downgraded at Credit Suisse
As previously reported, Credit Suisse downgraded Seadrill to Neutral from Outperform. The analyst believes Seadrill misjudged the market with the amount of new rigs it built that have not been contracted and believes there is too much funding uncertainty under a backdrop of high debt repayments and softening dayfloater rates. Price target lowered to $30 from $40.
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July 15, 2014
10:00 EDTSDRLOn The Fly: Analyst Upgrade Summary
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06:41 EDTSDRLSeadrill upgraded to Market Perform from Underperform at BMO Capital
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