Diamond Offshore Drilling (DO) Tops Q2 EPS by 19c

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Diamond Offshore Announces Second Quarter 2015 Results

August 3, 2015 6:00 AM EDT

HOUSTON, Aug. 3, 2015 /PRNewswire/ -- Diamond Offshore Drilling, Inc. (NYSE: DO) today reported net income of $90 million, or $0.66 per share, in the second quarter of 2015, compared to $90 million, or $0.65 per share, in the second quarter of 2014.  Revenues in the second quarter of 2015 were $634 million, compared to revenues of $692 million in the second quarter of 2014.

"During the quarter, our second and third newbuild drillships, the Ocean BlackHornet and Ocean BlackRhino, began working in the Gulf of Mexico, and we have taken delivery of our fourth and final newbuild... More

Loews Corporation Reports Net Income Of $170 Million For The Second Quarter Of 2015

August 3, 2015 6:00 AM EDT

NEW YORK, Aug. 3, 2015 /PRNewswire/ -- Loews Corporation (NYSE: L) today reported net income for the three months ended June 30, 2015 of $170 million, or $0.46 per share, compared to $116 million, or $0.30 per share, in the prior year period. Net income for the six months ended June 30, 2015 was $279 million, or $0.75 per share, compared to $175 million, or $0.45 per share, in the prior year period. Net income for the three and six month periods in 2014 included losses from discontinued operations of $187 million and $393 million reflecting the disposition by Loews of HighMount Exploration & Production, LLC and by CNA... More