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Stock Market & Financial Investment News

News Breaks
February 25, 2013
08:38 EDTHOS, GLF, TDWTidewater and Gulfmark downgraded at ISI Group
ISI Group said the OSV demand growth remains inline with supply growth worldwide and that utilization will be range bound. The firm does not expect meaningful dayrate growth until 2014 and favors company's with exposure to stronger Gulf of Mexico markets. As a result, the firm downgraded Tidewater (TDW) to Cautious from Neutral and GulfMark Offshore (GLF) to Buy from Strong, and reiterates Hornbeck Offshore (HOS) as a Strong Buy and top pick.
News For TDW;GLF;HOS From The Last 14 Days
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February 25, 2015
17:22 EDTHOSHornbeck Offshore awarded $114M government contract
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February 23, 2015
07:46 EDTHOSJPMorgan to hold a conference
Global High Yield & Leveraged Finance Conference is being held in Miami Beach, FL on February 23-25 with webcasted company presentations to begin on February 23 at 8:20 am; not all company presentations may be webcasted. Webcast Link
07:37 EDTGLFCredit Suisse to hold a summit
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February 16, 2015
18:21 EDTGLFGulfMark Offshore says amended bank facilities to ease covenants
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18:18 EDTGLFGulfMark Offshore suspends dividend, stops buying back shares
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18:17 EDTGLFGulfMark Offshore sees Q1 revenue $85M-$90M, consensus $115.7M
18:17 EDTGLFGulfMark Offshore sees 2015 revenue $350M-$400M, consensus $485.95M
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18:16 EDTGLFGulfMark Offshore reports Q4 EPS ex-items 17c , consensus 16c
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February 13, 2015
09:32 EDTHOSHornbeck Offshore upgraded to Accumulate from Hold at Johnson Rice
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