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Diamond Offshore Drilling Net Income $178 Million for 3Q 2012 (DO, SWK) by Josie Clarks





Article Author Biography
Diamond Offshore Drilling Net Income $178 Million for 3Q 2012 (DO, SWK) by
Article Posted: 10/18/2012
Article Views: 54
Articles Written: 233
Word Count: 581
Article Votes: 0
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Diamond Offshore Drilling Net Income $178 Million for 3Q 2012 (DO, SWK)


 
Business,Business News,Finance & Investment
crweselectlogo-1

chartstockalert

do Diamond Offshore Drilling, Inc. (NYSE: DO)

DO (?Diamond Offshore Drilling?) reported net income for the third quarter of 2012 of $178 million, or $1.28 per share on a diluted basis, compared with net income of $257 million, or $1.85 per share on a diluted basis, in the same period a year earlier. Revenues in the third quarter of 2012 were $729 million, compared with revenues of $878 million in the third quarter of 2011.

dochart

 

Diamond Offshore Drilling, Inc. (NYSE: DO) provides contract drilling services to the energy industry and is a leader in deepwater drilling. Diamond Offshore?s fleet of offshore drilling rigs consists of 30 semisubmersibles, seven jack-ups and one drillship, in addition to four ultra-deepwater drillships and two deepwater semisubmersibles currently under construction. For additional information and access to SEC filings, please visit the Company?s website at www.diamondoffshore.com. Diamond Offshore is a 50.4% owned subsidiary of Loews Corporation (NYSE: L).

****

swk1 Stanley Black & Decker (NYSE: SWK)

SWK (?Stanley Black & Decker?) reported third quarter 2012 financial results. The Company?s net sales for the period were $2.8 billion, up 6% versus prior year. Both price and volume were relatively flat while currency (-3%) partially offset the contribution from acquisitions (+9%).

swkchart1

 

As a result of continued organic volume pressures and the negative mix effect associated with them, as well as increased investments in organic growth, the company is lowering expectations for its full year 2012 EPS to approximately $5.25, excluding charges, based on the following key operating assumptions.

Stanley Black & Decker (NYSE: SWK), an S&P 500 company, is a diversified global provider of hand tools, power tools and related accessories, mechanical access solutions and electronic security solutions, healthcare solutions, engineered fastening systems, and more. Learn more at www.stanleyblackanddecker.com.

****

crwe_logo_2 Crown Equity Holdings Inc. (CRWE)

CRWE Tube, (www.crwetube.com) a video sharing site of CRWE, allows billions of people around the world to upload, watch and share original videos. With online videos continuing to experience explosive, viral growth and the web rapidly moving from text to video, businesses will need to adapt to the shift in video distribution technology or quickly become irrelevant to their consumers who anticipate seeing video everywhere online.

CRWE offers advertising branding and marketing services as a worldwide online multi-media publisher with its digital network of websites and focuses on the distribution of information for the purpose of bringing together a targeted audience and the advertisers that want to reach them. Crown Equity Holdings advertising services cover and connect a range of marketing specialties, as well as provide search engine optimization for clients interested in online media awareness. For more information about Crown Equity Holdings Inc. visit www.crownequityholdings.com.

****

To view recent article please visit http://crweselect.com/30894/stock-alerts/state-street-revenue-of-236-billion-stt-caci/

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THIS IS NOT A RECOMMENDATION TO BUY OR SELL ANY SECURITY!

Disclaimer: CRWESelect.com publisher and its affiliates and contractors are not registered investment advisers or broker/dealers. (Read Full Disclaimer at http://crweselect.com/disclaimer).

Related Articles - CROWN EQUITY HLD, Crown Equity Holdings, CRWE, CRWE stock chart, CRWE Tube, crweselect, DO, Equity - OTC Markets, finance, NYSE: DO, NYSE: SWK, OTC Ma,

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