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Upbeat Stocks At Street: Tidewater Inc. (NYSE:TDW), Rock-Tenn Company (NYSE:RKT), Marathon Oil Corporation (NYSE:MRO)

Upbeat Stocks At Street: Tidewater Inc. (NYSE:TDW), Rock-Tenn Company (NYSE:RKT), Marathon Oil Corporation (NYSE:MRO)
Written by
Ryan Mitchell
Published on
November 5, 2014
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InsidrFinancial

Offshore service vessels provider Tidewater Inc. (NYSE:TDW) relapsed a profit for the Q3 that surged from previous year, reflecting enhanced revenues. Both EPS and quarterly revenues topped analysts' anticipations. The New Orleans, Louisiana-based provider of offshore service vessels as well as marine support services to the offshore energy industry reported net income of $60.91M or $1.22 per share for the second quarter, improved than $54.17M or $1.09 per share in the prior-year quarter. Tidewater Inc. (NYSE:TDW) begun last trade with a price of $37.80 and throughout the trading session climbed at a high of $38.00. The day-trade ended with 1.20% to $36.40.Rock-Tenn Company (NYSE:RKT) declared a 13% drop in profit for the Q4 from previous year, as higher revenues were more than offset by an increase in costs and expenses. On the other hand, both revenue and adjusted earnings per share for the quarter beat analysts' estimates. Rock-Tenn Company (NYSE:RKT) stock price closed at $54.24 with the total traded volume of 3.01 Million shares. Its price to sales ratio ended at 0.79. Its market capitalization is 7.669 Billion. The stock owned by the Financial Institutions was 86.50% while by insiders was 1.30%.Oil and gas company, Marathon Oil Corporation (NYSE:MRO) released on that a 24% drop in profit for the Q3 from previous year, reflecting lower revenues due to the impact of lower crude oil price realizations that offset higher production. However, adjusted earnings per share for the quarter beat analysts' estimates. Marathon Oil Corporation (NYSE:MRO) has the market capitalization of 22.501 Billion. Shares of firm plunged -3.50% to close at $33.36 with the total traded volume of 9.4 Million. The firm has current ratio of 1.10 for the most recent quarter.

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