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News Breaks | | | | January 9, 2013 | | 15:41 EDT |  | TDW | Tidewater, Sonangol extend joint venture pact to allow talks to continue
Tidewater (TDW) disclosed in a regulatory filing that it has agreed to extend the term of its current joint venture agreement with partner Sonangol Holdings to March 31, 2013, to allow for discussions on a new long-term joint venture agreement to continue. Tidewater said it remains hopeful that a new joint venture agreement will be agreed between the parties that will put Sonatide, its Angola joint venture, on a more secure and permanent footing. As there are significant issues on which the parties have yet to reach an agreement, no assurance can be given that such an outcome will be achieved, Tidewater cautioned in the filing. | |
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News For TDW From The Last 14 Days Check below for free stories on TDW the last two weeks. |
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| May 21, 2013 | | 11:35 EDT |  | TDW | Tidewater sees Q1 vessel revenue $320M-$330M
 Subscribe for More Information | | | 07:58 EDT | | TDW | Tidewater reports Q4 EPS 95c, consensus 61c
Reports Q4 revenue $328.3M, consensus $31782M. | | | May 20, 2013 | | 15:22 EDT | | TDW | Notable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include Home Depot (HD), consensus 77c; Medtronic (MDT), consensus $1.03; The TJX Companies (TJX), consensus 62c; AutoZone (AZO), consensus $7.23; Best Buy (BBY), consensus 25c; Dick's Sporting Goods (DKS), consensus 48c; Tidewater (TDW), consensus 61c; Saks (SKS), consensus 19c; Rexnord (RXN), consensus 31c; Monro Muffler Brake (MNRO), consensus 25c. | | | May 17, 2013 | | 08:09 EDT | | TDW | Tidewater announces new $200M share repurchase program
Subscribe for More Information | | | May 16, 2013 | | 10:03 EDT |  | TDW | On The Fly: Analyst Upgrade Summary
Subscribe for More Information | | | 09:26 EDT | | TDW | Tidewater upgraded to Outperform from Sector Perform at Iberia
Subscribe for More Information | | | May 14, 2013 | | 17:00 EDT | | TDW | Tidewater to acquire Troms Offshore Supply for $395M
Tidewater has entered into an agreement with HitecVision to purchase Troms Offshore Supply for approximately $395M. The purchase price includes $150M in cash and the assumption of approximately $245M of combined Troms Offshore obligations, comprised of net interest-bearing debt and remaining installment payments on vessels under construction. The stock purchase agreement also contemplates possible additional cash consideration, the payment of which is contingent upon future financial results of Troms Offshore in 2014-2017. The acquisition is expected to be completed in Q2. | |
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