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Stock Market & Financial Investment News

News Breaks
January 3, 2013
12:07 EDTRIGTransocean reported settlement would be very positive, says Wells Fargo
Wells Fargo views the settlement details between Transocean and the Department of Justice as reported by the Wall Street Journal as very positive for the company. Wells notes the settlement amount is within Transocean's most recently indicated range of $2.0B. Wells believes Transocean will still have to settle private claims such as wrongful death and pain and suffering claims for killed and injured workers. The firm has an Outperform rating on the stock.
News For RIG From The Last 14 Days
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October 23, 2014
05:53 EDTRIGBP, GDF Suez discover new Central North Sea field
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October 17, 2014
10:00 EDTRIGOn The Fly: Analyst Downgrade Summary
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08:06 EDTRIGTransocean downgraded to Market Perform from Outperform at Cowen
As previously reported Cowen downgraded Transocean to Market Perform from Outperform. The firm downgraded shares given the current market weakness, relatively older fleet and below average contracts for the next two years. Price target lowered to $30 from $39.
07:01 EDTRIGTransocean downgraded to Market Perform from Outperform at Cowen
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