NEW YORK, June 1 (Reuters) - Stock and bonds of Transocean Ltd, (RIG.N) (RIGN.S) owner of the drilling rig that caused a massive oil well disaster in the Gulf of Mexico, may offer investor value, CreditSights said in a report. Shares …
Transocean LTD (NYSE:RIG) had actually recovered nearly all of its losses from the Deepwater Horizon disaster in early 2011, but has since slumped. While the stock is up 14% so far this year, about even with the S&P 500, it is down …
announced Monday that it will buy back the remainder of the shares in Transocean Partners LLC (NYSE: RIGP) it does not already own in an all-stock deal valued at around $250 million. Transocean will issue 1.1427 shares of its stock in …
Rick Pendergraft: You would be hard pressed to find a stock that investors are more bearish on than offshore driller Transocean (NYSE:RIG). The company is showing a short interest ratio of 11.2, with over 118 million shares sold …
I believe that Transocean is now on the road to realize its great potential. We look forward to continued collaboration with the Board of Directors and management." The stock is up 2.16% in pre market trading. Check out the full press release …
Transocean and TINC are also expected to file an offer document with the Oslo Stock Exchange and the Financial Supervisory Authority of Norway (the “Norwegian FSA”) pursuant to Chapter 6 and Chapter 7 of the Norwegian …
A lawsuit claims that the owner of sunken oil rig in the Gulf of Mexcio inflated its stock by telling shareholders that safety issues with blowout preventers had been resolved. The federal court suit, filed in New Orleans, seeks damages from …
Transocean stock opened at $9.67 per share November 3, and traded at $10.15, up 86 cents, late morning ET. (See also: Zephirin Upgrades Transocean Rating to Buy.) While 3Q revenue was down from the previous quarter by $43 million, …
Shareholders on both sides seemed to like the deal. Before the start of trading Monday, Transocean’s stock was up 7.9 percent and GlobalSantaFe’s stock was up 8 percent. As of Friday’s close, Transocean had a market capitalization of …
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