Offshore Investing

Offshore Drilling Finds No Heroes in Shallow Water

9 Feb 2012

Hercules Offshore is struggling in shallow water while competitors flourish in ultra-deepwater.

Hercules Offshore Announces Fourth Quarter and Full Year 2011 Results

9 Feb 2012

HOUSTON, Feb. 9, 2012 /PRNewswire/ -- Hercules Offshore, Inc. (Nasdaq: HERO - News) today reported a loss from continuing operations of $21.5 million, or $0.16 per diluted share, on revenue of $162.8 million ...

Romney offshore tax shelter scrutinized

8 Feb 2012

WASHINGTON - Mitt Romney's tax returns have drawn political scrutiny on multiple fronts, like his relatively low tax rates and the money parked in a Swiss bank account. But on Capitol Hill, his returns have caught the eyes of members of both parties for what appears to be his use of a type of complex shelter that has been debated for years in battles over evasion and fairness in the tax code.