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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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December 19, 2014
15:03 EDTRIGTransocean trades up, levels to watch
The shares are up over 8.2% today to $19.76. This has moderated the extreme downtrend the stock has been in for some time. At that price the stock has a very long way to go to get even to the downtrend resistance line at the 50-day moving average. That average was last at $25.02. Support is at $19.24.
December 18, 2014
18:11 EDTRIGTransocean to scrap seven floaters, sees Q4 charge of $100M-$140M
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December 17, 2014
12:51 EDTRIGNY state to ban fracking next year, CNBC reports
Publicly traded companies in the oil services space include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT).
December 11, 2014
16:01 EDTRIGOptions Update; December 11, 2014
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December 9, 2014
11:24 EDTRIGStocks with call strike movement; RIG GPRO
Transocean (RIG) May 22 call option implied volatility decreased 2% to 63, GoPro (GPRO) April 77.5 call option implied volatility decreased 5% to 58 according to IVolatility.
December 8, 2014
11:31 EDTRIGStocks with call strike movement; RIG GPRO
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