Hints and tips:
...If there is a sense from this earnings season that confidence in a V-shaped recovery for profits is misplaced, then the impact will probably be hardest on companies with weak balance sheets, and on those...
...Smart reads David v Goliath Large consumer goods companies are starting to feel the impact of their smaller, more innovative rivals....
...It has shut down one of its main engineering sites, making about 40 staff redundant, and put the V-Charge on ice....
...Other distressed rig companies, such as Hercules Offshore and Paragon, are similarly “adjusting” their costs....
...Max Schrems, the Austrian student who leads the privacy campaign “Europe v Facebook”, tweeted triumphantly on Tuesday: “The game is on!”...
...There is a public interest in Apple not complying with the order of the FBI but there is also a public interest in exposing how the rich and powerful use offshore tax havens to hide their assets....
...At the other end of the scale, the 525 Relentless “super-medium” twin, with seating for up to 20 passengers, will enable Bell to pursue sales in the offshore energy market where it has not previously had...
...The demand follows a May civil jury verdict that found the Wyly brothers liable on civil fraud allegations that they used a system of offshore trusts to hide stock sales and procure $553 million in profits...
...Offshore, the largest shallow-water drilling company in the Gulf of Mexico....
...Elsewhere in the energy sector Hercules Offshore lost ground after announcing that it was under investigation by the Department of Justice and the Securities and Exchange Commission....
...Hercules is a global provider of offshore contract drilling, liftboat and inland barge services with operations in nine countries....
...Hercules Offshore, a shallow-water driller, suffered a quarterly revenue decline of 10 and 39 per cent from the same periods of 2009 and 2008 respectively....
...The company said it would sell its fleet of offshore drilling rigs to Hercules Offshore for $105m. Hercules was up 18 per cent to $4.27....
...When Jerry Siegel and Joe Shuster created Superman in 1938, as fascism took Europe in its grip, they intended him to be, in Siegel’s words, “a character like Samson, Hercules and all the strongmen I ever...
...Jim Noe of Hercules Offshore, a drilling contractor, who speaks for the industry that works in the shallow waters of the gulf, said he expected the end of the moratorium to be “a completely hollow gesture...
...Moody’s, the rating agency, is starting to review the credit of some of the independents and drillers, including Hercules Offshore....
...Last week, Hercules Offshore lost 15 per cent, Pride International dropped 9 per cent and Diamond Offshore 6 per cent. Transocean, the contractor on the BP well in question, fell almost 20 per cent....
...Hercules Offshore dropped 0.3 per cent to $3.94, Diamond Offshore Drilling was 0.5 per cent lower to $78.69 and Atwood Oceanics was down 2.1 per cent to $35.64....
...AgustaWestland partners Bell in the development of the civil version of the Bell-Boeing V-22 Osprey military Tilt Rotor....
...Mr Chandrasekaran jokes that whether the global recovery is “V-shaped, W-shaped or ‘square root’-shaped”, clients will look to the offshore outsourcing industry to cut costs....
...One alternative, championed by the CBI, is to crank up nuclear energy rather than tie policy too firmly to the mast of offshore wind....
...Pride International and Hercules Offshore lost 6.4 per cent to $17.88 and4.4 per cent to $5.50, respectively, as the broker recommended clients sell the shares....
...PT), Rowan ($53 PT), and Atwood ($125 PT); Neutral ratings on Pride Int’l ($49 PT) and Hercules Offshore ($35 PT)....
...Mr Kenney describes it as “two V-22s on top of a C130 Hercules size fuselage”....
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