Offshore drilling companies drop

Shares of Diamond Offshore Drilling Inc. (NYSE: DO) plummeted $3.94 to close at $32.22 and Transocean Ltd. (NYSE: RIG) tumbled $2.04 to close at $23.27 after rivals SeaDrill Ltd. (NYSE: SDRL) and North Atlantic Drilling Ltd. (NYSE: NADL) suspended their dividends. SeaDrill stock plunged $4.72 to close at $15.99 while shares of North Atlantic Drilling fell 51 cents to close at $2.66.
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