North Atlantic Drilling Ltd. (NADL) Misses Q3 EPS by 3c, Revenue Beats, to Suspend Dividends

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Offshore Drillers Decline After Seadrill Suspends Dividend (SDRL) (RIG) (DO) (NADL)

November 26, 2014 7:48 AM EST

Offshore drillers were weak early on Wednesday after Seadrill Ltd. (NYSE: SDRL) said its was suspending its dividend distributions and focusing on debt reduction due to significant deterioration in the broader markets. Peers Transocean (NYSE: RIG), Diamond Offshore... More