Latest Hercules Offshore (HERO) Headlines Hercu
Post# of 32
Hercules Offshore Prices Private Offering of Senior Notes
PR Newswire - Wed Mar 12, 1:35PM CDT
Hercules Offshore, Inc. (Nasdaq: HERO) today announced that it has priced a private placement of $300.0 million aggregate principal amount of senior notes due 2022, which will bear interest at a rate of 6.75% per annum. The notes are being sold at par. Hercules Offshore expects to use the net proceeds from this offering, together with cash on hand, to fund its pending tender offer and consent solicitation for its 7.125% senior secured notes due 2017 and to redeem any of the 7.125% senior secured notes not purchased in the tender offer.
Hercules Offshore Announces Private Offering of Senior Notes
PR Newswire - Wed Mar 12, 7:17AM CDT
Hercules Offshore, Inc. (Nasdaq: HERO) today announced its intention, subject to market conditions, to offer, in a private placement, up to $300.0 million aggregate principal amount of senior notes due 2022. Hercules Offshore expects to use the net proceeds from this offering, together with cash on hand, to fund its pending tender offer and consent solicitation for its 7.125% senior secured notes due 2017 and to redeem any of the notes not purchased in the tender offer.
Hercules Offshore Announces Commencement of Cash Tender Offer and Consent Solicitation
PR Newswire - Wed Mar 12, 7:16AM CDT
Hercules Offshore, Inc. (Nasdaq: HERO) today announced that it has commenced a cash tender offer (the "Tender Offer") for any and all of its outstanding 7.125% senior secured notes due 2017 (CUSIP Nos. 427093AF6 and U42714AC6) (the "Notes") and a solicitation of consents to certain proposed amendments to the indenture governing the Notes (the "Consents"). As of the date of this press release, there is $300.0 million in aggregate principal amount of the Notes outstanding.
Negative News Surrounding Bitcoin Hurts Startups Involved in the Digital Currency
ACCESSWIRE - Fri Mar 07, 8:41AM CST
Videos of reporters chasing the so-called inventor of Bitcoin, the bankruptcy of Mt. Gox Bitcoin exchange and wild tales surrounding the unregulated digital currency are taking a toll on the share values of companies dealing in this mysterious arena.
'Mad Money' Lightning Round: Steer Clear of Tesla
at The Street - Thu Mar 06, 5:00AM CST
Cramer is disappointed by Chegg and prefers Schlumberger over Hercules Offshore.
Jim Cramer's 'Mad Money' Recap: Beware the Bears
at The Street - Wed Mar 05, 7:03PM CST
Don't let them scare you out of this market, Cramer says.
SSG Capital Advisors Announces Global Alliance of Special Situations Investment Banks
PR Newswire - Tue Mar 04, 8:30AM CST
SSG Capital Advisors, LLC ("SSG"), a leading independent special situations investment bank, announced the formation of Global Special Situations M&A ("GSSMA" or the "Alliance") along with founding partner firms, Saxenhammer & Co., based in Germany and Teak Capital Corporation, located in Singapore and Thailand. GSSMA is a global alliance of investment banking firms with a unique focus on special situations transactions, including mergers and acquisitions, corporate finance, capital raising, valuation, financial restructuring and bankruptcy/insolvency advisory.
Hercules Offshore Losses Decrease from $121 million to $27 million
ACCESSWIRE - Mon Feb 24, 8:17AM CST
Many companies lose money during their startup and product development years.
Hercules Offshore, Inc. Provides February Fleet Status Report Update
PR Newswire - Wed Feb 19, 5:01PM CST
Hercules Offshore, Inc. (Nasdaq: HERO) announced today that it has published the January Fleet Status Report ("the Report"). The Report includes the Hercules Offshore Rig Fleet Status (as of February 19, 2014), which contains detailed contract information for each of the Company's drilling rigs. The Report also includes the Hercules Offshore Liftboat Fleet Status Report, which contains information by liftboat class for January 2014, including revenue per day and operating days. The Report can be found on the Company's website at www.herculesoffshore.com, under the "Investor Relations" section of the website.
Implant Sciences Reports over $800,000 in Orders to Multiple Customers Worldwide
PR Newswire - Wed Feb 12, 6:00AM CST
Implant Sciences Corporation (OTCQB:IMSC), a high technology supplier of systems and sensors for homeland security and defense markets, today announced over $800,000 in orders for its QS-B220 and QS-H150 trace detection systems. These orders are in addition to contracts recently announced by the Company for more than 40 ETD systems.
3 Stocks Near 52-Week Lows Worth Buying
Sean Williams, The Motley Fool - Motley Fool - Tue Feb 11, 3:33PM CST
Just as we examine companies each week that may be rising past their fair value , we can also find companies trading at what may be bargain prices. While many investors would rather have nothing to do with companies wallowing at 52-week lows, I...
Insider Trading Alert - HERO, HES, UNM, PPS And BKU Traded By Insiders
at The Street - Tue Feb 11, 9:30AM CST
Stocks with insider trader activity include HERO, HES, UNM, PPS and BKU
Hercules Offshore to Present at Upcoming Investor Conferences
PR Newswire - Mon Feb 10, 3:30PM CST
Hercules Offshore, Inc. (Nasdaq: HERO) announced today that the Company will present at the following investor conferences:
Hercules Offshore Still Faces an Uphill Climb in Shallow Water Drilling
Travis Hoium, The Motley Fool - Motley Fool - Fri Feb 07, 3:55PM CST
Even better-than-expected earnings couldn't get investors excited about Hercules Offshore today. Revenue was up 35%, to $235.3 million, but the company lost $101.1 million, or $0.63 per share. After pulling out one-time items that resulted in a...
Does Hercules Offshore Have an Achilles Heel?
Taylor Muckerman and Joel South, The Motley Fool - Motley Fool - Fri Feb 07, 9:03AM CST
Hercules Offshore has historically been highly leveraged to the shallow waters of the Gulf of Mexico. That changed just a bit in 2013 which has altered our analysts' opinions of the company slightly. Hesitancy around the uncertainty regarding the...
Hercules Offshore (HERO) Is Today's Dead Cat Bounce Stock
at The Street - Thu Feb 06, 8:45AM CST
Trade-Ideas LLC identified Hercules Offshore (HERO) as a "dead cat bounce" (down big yesterday but up big today) candidate
Hercules Offshore Announces Fourth Quarter and Full Year 2013 Results
PR Newswire - Thu Feb 06, 6:00AM CST
Hercules Offshore, Inc. (Nasdaq: HERO) today reported a loss from continuing operations of $100.8 million, or $0.63 per diluted share, on revenue of $235.3 million for the fourth quarter 2013, compared to income from continuing operations of $2.4 million, or $0.01 per diluted share, on revenue of $174.7 million for the fourth quarter 2012. As outlined in the Reconciliation of GAAP to Non-GAAP Financial Measures, fourth quarter 2013 results include the following pre-tax items:
Investors look to Lighten Up on Shares of Hercules Offshore, Shares Down 5.1% (HERO)
Comtex SmarTrend(R) - Wed Feb 05, 12:47PM CST
Hercules Offshore (NASDAQ:HERO) is one of today's worst performing low-priced stocks, down 5.1% to $4.69 on 1.0x average daily volume. Thus far today, Hercules Offshore has traded 3.6 million shares, vs. average volume of 3.4 million shares per day. The stock has underperformed the Dow (-5.1% to the Dow's 0.1%) and underperformed the S&P 500 (-5.1% to the S&P's -0.0%) during today's trading.
Hercules Offshore Down 13.9% Since SmarTrend Downtrend Call (HERO)
Comtex SmarTrend(R) - Tue Feb 04, 9:46AM CST
SmarTrend identified a Downtrend for Hercules Offshore (NASDAQ:HERO) on January 13th, 2014 at $5.90. In approximately 3 weeks, Hercules Offshore has returned 13.90% as of today's recent price of $5.08.
Gas no longer escaping from rig off La. coast
AP - Sat Feb 01, 12:14PM CST
NEW ORLEANS (AP) — The flow of natural gas, water and sand has been stopped at a drilling rig off Louisiana's coast, the operator and federal regulators said Saturday.