At Transocean’s annual meeting, Mr. Icahn failed to win investor support for his other main proposal, a $4-a-share dividend. But he has lingered in the stock, disclosing a 6 percent stake as recently as June. “I believe that Transocean
Transocean Ltd. (NYSE: RIG) yesterday announced a secondary offering of 26 million shares. The sale was completed today at a share price of $40.50, more than a dollar lower than the stock’s closing price yesterday of $41.63. Such a …
ThinkProgress reported on Tuesday that Judge Martin Feldman, the U.S. District Court Judge who declared illegal the …
ZUG, Switzerland -- After the chief executive of Transocean Ltd., owner of the Deepwater Horizon rig, held a closed-door meeting with shareholders Friday, the company issued a terse statement after the Zurich stock market closed saying it …
Transocean says an executive search firm has been hired to find a permanent replacement for Rosa. Transocean’s stock has lost 46% of its value in the last year. gCaptain is the top-visited maritime and offshore industry news site in the world.
The combined company, which will be known as Transocean Inc., will offices in Houston and trade on the New York Stock Exchange with the symbol "RIG." Transocean Chief Executive Robert Long will continue in that role after the …
U.S.-listed shares of Transocean rose 1.1 percent to $62.56 in early trading on the New York Stock Exchange, while BP shares were down 0.2 percent to 444.95 pence on the London Stock Exchange. Reporting by Matt Daily, additional …
The new company will retain the Transocean name and trade on the New York Stock Exchange under Transocean’s symbol “RIG.” Under terms of the deal, Transocean shareholders will receive $33.03 cash and 0.6996 shares of the …
Houston-based Transocean had 1998 sales of $1.09 billion. The companies predicteventual annual savings of $25 million. In New York Stock Exchange trading, Schlumberger closed up 50 cents at $64.81, and Transocean closed up 88 …
Transocean was the owner of the Deepwater Horizon rig ... and the diminution in the value of its assets. The Company’s stock price declined by over 40 percent in the days following the explosion. St. Joe’s President and CEO Britt Greene …