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September 28, 2012
07:37 EDTRIGTransocean's Brazil injunction impacts EPS by 5c a week, says UBS
UBS said the impact to Transocean's as a result of the Brazilian injunction to cease operations will impact EPS 5c/share per week. The firm believes there is high risk that rigs will experience downtime and that Brazilian issue will continue to be an overhang. The firm rates shares a Buy with a $70 price target.
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