Even better, you get to buy Transocean at a cheaper price than what Carl Icahn paid, and the stock has just formed a double bottom. You could pick the bottom in this stock. Transocean recently reported better than expected earnings, …
NEW ORLEANS -- Offshore petroleum driller Transocean Ltd. inflated its stock price by misleading shareholders about the effectiveness of a key piece of safety equipment, a federal court suit alleges. Lug, Switzerland-based Transocean …
Transocean’s overhaul of its operations is more of a driver for future results than its efforts to put to bed remaining liability over the 2010 Gulf of Mexico oil spill, some analysts say. Its shares got a nice bump from Thursday’s news that the …
Nov 29 (Reuters) - Transocean Ltd RIGN.VX (RIG.N), owner of the world’s largest offshore rig fleet, will sell 26 million shares in an underwritten public offer to buy back convertible notes and partially refinance its acquisition of Aker Drilling …
Transocean Sedco Forex Inc., already the world's biggest offshore oil-drilling contractor, said it agreed to buy R&B Falcon Corp. in a $5.3-billion stock deal that will leave it towering over its rivals and make it the dominant deep-water driller.
Transocean, the world’s largest offshore rig owner, has a new chief financial officer, who’s actually an old chief financial officer. On Monday, Gregory Cauthen returned to the job he left more than a year ago. Cauthen replaced his successor, …
The company could also face up to $20 billion in civil fines under the Clean Water Act. As for Transocean, its stock rose 7 percent following yesterday’s settlement announcement.
This is good news for Transocean investors who have recently seen the value of Transocean (NYSE:RIG) stock plummet to levels not seen since the immediate wake of the Deepwater Horizon disaster. Transocean’s stock is currently up over …
The four distributions that had been planned to start in 2010 would have been through a reduction in the par value of Transocean stock, now 15 Swiss francs, allowing shareholders to avoid 35 percent Swiss withholding tax. …
Also included in the figure are stock options valued at $1.9 million and deferred shares valued at $2 million when those awards were granted in March 2010. Transocean's Deepwater Horizon oil rig explosion on April 20 in the Gulf of Mexico …