Hercules Offshore's ancient fleet may be sunk by newer and more efficient rigs.
Feb 27 (Reuters) - Drilling contractor Hercules Offshore Inc's shares fell as much as 33 percent to a record low on Friday, a day after Deutsche Bank cut its price target on the company's stock to $0.
* Shares rise as much as 13 pct (Adds details from conference call, updates shares)
Feb 12 (Reuters) - Drilling rig contractor Hercules Offshore Inc reported a bigger quarterly loss, hurt mainly by an impairment charge of $117.0 million related to cold stacking of five rigs.
releases that included Interstellar, and home entertainment releases including the Teenage Mutant Ninja Turtles reboot and Hercules . Operating margin improved slightly to negative 6.5% due to revenue growth and expense management. Adjusted operating
The increase was driven by the theatrical releases, which included the fourth Transformers film, the Teenage Mutant Ninja Turtles reboot, and Hercules . Adjusted operating margin for the company improved 420 basis points to 30.0%.
Triangle ( TCAP -2.2% ), TICC Capital ( TICC -1.2% ), PennantPark ( PNNT -2.7% ), THL Credit ( TCRD -1.2% ), Hercules Technology ( HTGC -2.6% ). ..." http://seekingalpha.com/news/1589773-bdcs-under-pressure-as-leaders
As I noted in “The 13th Labour of Hercules ,” 2 this is a direct effect of the quantitative easing ..... financial repression (“The 13th Labour of Hercules ”), the way you behave and your estimates of return ..... James Montier, “The 13th Labour of Hercules : Capital Preservation in the Age of
quarter, which contributed to the improved sequential performance, but continued BOP issues and a delay in starting the West Hercules contract with Statoil STO kept the utilization numbers below the 95%-plus level Seadrill has historically targeted. The
Greek mythology might be a little rusty, Hercules was a demi-god, the result of one of Zeus ..... faithfulness, and thus decided to punish Hercules . 1 She drugged him, and in his drug-induced state Hercules killed his wife and two children. When