Sentiment Watch: Very cautious. Good time to sit on hands as the market is testing the November (bear market lows) and CNBC still looks more like CSPAN than a channel devoted to stocks. Futures look stronger this morning and could get a further pop if we see a second month of strength out of the…
Day: February 19, 2009
OII 4Q08 Pre Call Note – Good Quarter, Sub Street Guidance
OII Reports Solid 4Q08 Results; Mid Point 2009 Guidance A Touch Below Consensus, As Usual Looks Conservative The 4Q Numbers: In Line Revenues reported of $525.7 million vs $522 mm expected EPS of $0.93 vs $0.93 expected EPS includes a $0.10 charge to write down the value of an investment in an oil tanker that…