Hercules Offshore, Inc. Emerges from Bankruptcy
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall St set to open higher as tech rebounds, Micron earnings eyed
- Brent hits lowest since before start of Iran war on expectations of smoother oil flows via Hormuz
- All eyes on Micron earnings tonight as sell-off raises stakes for AI memory trade
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- JPMorgan raises S&P 500 target to 7,800, says earnings revision ’unprecedented’
- Needham Starts NeoVolta (NEOV) at Buy
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
Deutsche Bank Upgrades Hercules Offshore (HERO) to Hold
November 10, 2015 6:44 AM ESTDeutsche Bank upgraded Hercules Offshore (NASDAQ: HERO) from Sell to Hold with a price target of $7.00. The change follows the company's restructuring.
Analyst Mike Urban said, "Following HERO's emergence from Ch. 11, we are upgrading to HOLD from SELL and increasing our target... More
Hercules Offshore (HERO) Completes Restructuring and Emerges from Bankruptcy
November 6, 2015 4:00 PM ESTHercules Offshore (NASDAQ: HERO) announced today that it has completed its financial restructuring and emerged from Chapter 11, and funding of the Company's new $450 million senior secured credit facility has been completed.
"Today marks the beginning of a new chapter for Hercules. Proactively restructuring our balance sheet early in the cycle generated significant benefits for Hercules including substantial debt reduction and added liquidity that will... More
