Pride Intl News

C. K. Cooper & Company, an independent, full-service investment bank headquartered in Irvine, Calif., announced today that it has initiated coverage of Pride International Inc.

In light of this Benchmark Journal research team completed in-depth analysis on Northgate Minerals Corp.

At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.

The Securities and Exchange Commission has accused Bobby Benton, Pride International's former vice president of Western Hemisphere operations, with violating the Foreign Corrupt Practices Act by allegedly bribing Mexican officials in 2004, according to court documents.

The TSX Venture Exchange settled at 1,450.49 up 35.43 points on Tuesday. The volume at 5 p.m. was 268.03 million shares.

Pride International is one of the world's largest offshore drilling companies with an increasing focus on deepwater and other high-specification drilling services.

Pride International, Inc. today announced that Louis A. Raspino, President and Chief Executive Officer, has been elected 2010 Chairman of the International Association of Drilling Contractors Formerly Vice Chairman of IADC, Raspino was elected at the IADC Annual General Meeting in Miami this week.

Jesup & Lamont upgraded the driller to Buy from Hold. Pride International By Jesup & Lamont WE ARE UPGRADING Pride International to Buy from Hold rating and initiating new earnings estimates for 2011.

You and I both know it's coming ... And when it does, millions of us will look back on the past year longingly.

If this is what a trough quarter looks like, then Rowan Companies ought to have a bright future indeed.

So far this earnings season, we've heard from offshore drillers Ensco , which is down but not out , and Noble Corp.

One of the hallmarks of a cyclical business is operating leverage. When revenues explode, and your cost structure remains relatively fixed, profitability kicks into overdrive.

President and CEO of Pride International Inc. Louis Raspino sells 53,613 shares of PDE on 10/21/2009 at an average price of $33.58 a share.

The S&P 500 rose for a sixth successive session, its best run since June of '07, as it and the Dow each ended at highs for the year, although an afternoon about-face on vacation volume meant markets ended like lambs after starting like lions.

Our analysts have issued complimentary analysis on the following six companies: Old Republic International Corp.

In its latest fleet status update, deepwater titan Transocean revealed some more rot in the shallow end of the drilling pool.

Revolver - zero drawn, up to $36MM of availability only for Capex on existing rigs and 20% for the Mexico Tax Liability surety bonds .

Seahawk Drilling Inc. hit a new high Thursday, as an analyst raised his 2010 and 2011 earnings estimates for the offshore drilling company, citing its aggressive cost-cutting efforts.

On this day, we have begun tracking the following companies as they have shown remarkable correction in recent days, you can access these free reports with a number of other reviews by signing up for your complimentary membership at : http://www.rothmanresearch.com/ Companies been researched today are: Wilmington Trust Corporation - Sector: ...

Before the push by Chevron , Anadarko Petroleum , and other intrepid explorers into its deeper waters, the Gulf of Mexico was known in the industry as the Dead Sea.