Diamond Offshore Drilling (DO) Tops Q3 EPS by 39c
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Diamond Offshore Announces Third Quarter 2015 Results
November 2, 2015 6:00 AM ESTHOUSTON, Nov. 2, 2015 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported net income of $136 million, or $0.99 per share, in the third quarter of 2015, compared to $53 million, or $0.38 per share, in the third quarter of 2014. Revenues in the third quarter of 2015 were $610 million, compared to revenues of $738 million in the third quarter of 2014.
"I am pleased with our solid third quarter results, which demonstrate Diamond Offshore's ability to execute on managing our costs and controlling downtime," said Marc Edwards, President and Chief Executive Officer. "During the quarter, our three newbuild drillships delivered operational efficiency of... More
Loews Corporation Reports Net Income Of $182 Million For The Third Quarter Of 2015
November 2, 2015 6:00 AM ESTNEW YORK, Nov. 2, 2015 /PRNewswire/ --Â Loews Corporation (NYSE: L) today reported net income for the three months ended September 30, 2015 of $182 million, or $0.50 per share, compared to $208 million, or $0.55 per share, in the prior year period. For the nine months ended September 30, 2015, net income was $461 million, or $1.25 per share, compared to $383 million, or $1.00 per share, in the prior year period. In 2014, net income for the three month period included income from discontinued operations of $29 million while the nine month period included a loss from discontinued operations of $364 million reflecting the disposition... More
