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Stock Market & Financial Investment News

News Breaks
February 15, 2013
06:02 EDTRIGTransocean estimates 2013 out of service time increased by 136 days
Transocean last night issued a monthly fleet update summary. The value of new contracts or extensions since the January 17, 2013 fleet status report is approximately $530M. Estimated 2013 out of service time increased by a net 136 days, including 90 days associated with rig maintenance on the Cajun Express and 75 days due to shipyard acceleration into 2013 from 2014 on the GSF Galaxy I. A preliminary review of anticipated projects scheduled to commence in 2014 indicates approximately 2,131 days of scheduled out of service time for Transocean's fleet comprising approximately 1,534 days for High-Specification Floaters, 440 days for Midwater Floaters, and 157 days for High Specification Jackups. 
News For RIG From The Last 14 Days
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May 23, 2013
12:24 EDTRIGTransocean management to meet with Jefferies
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May 21, 2013
16:25 EDTRIGTransocean announces first quarterly dividend installment of 56c per share
Transocean announced the schedule for the first installment of its U.S. dollar-denominated dividend of $2.24 per share, or approximately $807M in the aggregate, from additional paid-in capital. The first installment of 56c per share, or approximately $202M, is based upon the number of currently outstanding shares and represents the first of four quarterly installments totaling $2.24 per share, which was approved by shareholders at the company's Annual General Meeting held on May 17. The dividend will be paid on June 19 to shareholders of record on May 31. The ex-dividend date is May 29.
07:36 EDTRIGUBS to host a conference
Global Oil & Gas Conference is being held in Austin, Texas on May 20-23 with webcasted company presentations to begin on May 21 at 8:30 am; not all company presentations may be webcasted. Webcast Link
May 17, 2013
13:53 EDTRIGTransocean holders approve dividend, reject Icahn proposal
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13:50 EDTRIGIcahn nominee wins seat on Transocean board
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12:28 EDTRIGTransocean holders reject Icahn's $4 dividend plan, Bloomberg reports
Transocean's (RIG) shareholders rejected the $4 per share dividend proposal in favor of management's $2.24 per share annual dividend, Bloomberg reports, citing a person familiar with the vote count.Reference Link
11:48 EDTRIGTransocean holders reject Icahn's $4 dividend plan, Bloomberg reports
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May 16, 2013
12:47 EDTRIGTransocean EPS estimates lowered at Wells Fargo
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May 15, 2013
16:48 EDTRIGIcahn gives quarterly update on stakes
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May 13, 2013
05:20 EDTRIGTransocean Chairman J. Michael Talbert announces retirement plans
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