Dahlman Rose Reiterates Atwood Oceanics Hold (ATW)

Dahlman Rose reiterated its Atwood Oceanics ATW Hold rating in a research report published today. In the report, Dahlman Rose states, "Atwood reported FY2Q11 EPS of $1.08, ahead of our $1.00 estimate and the $1.04 consensus forecast. Aggressive fleet growth and modernization are attractive, but will not be completed until late 2013." Shares of Atwood Oceanics were trading at $41.33 at the time of posting, down 1.88% from Tuesday's market close.