Trending Stocks: SeaDrill Limited (NYSE:SDRL), Cinedigm Corp. (NASDAQ:CIDM), Pembina Pipeline Corporation (NYSE:PBA), EDAP TMS SA (NASDAQ:EDAP), Visteon Corporation (NYSE:VC)
After much speculation over the past couple of months, offshore drilling expert SeaDrill Limited (NYSE:SDRL) announced, as part of its third-quarter financial results, that it was suspending its dividend and “focusing on debt reduction and value creating opportunities due to significant deterioration in the broader markets.” In short, it sounds like management has realized that the offshore drilling market’s current state of malaise, combined with … Continue reading Trending Stocks: SeaDrill Limited (NYSE:SDRL), Cinedigm Corp. (NASDAQ:CIDM), Pembina Pipeline Corporation (NYSE:PBA), EDAP TMS SA (NASDAQ:EDAP), Visteon Corporation (NYSE:VC)