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Stock Market & Financial Investment News

News Breaks
January 24, 2014
07:40 EDTRIGTransocean downgraded to Market Perform from Outperform at Wells Fargo
Wells Fargo downgraded Transocean and others in the Offshore Drilling sector citing the possibility for rate cuts amid downtime between contracts. The firm lowered its price target range for shares to $43-$45 from $54-$56.
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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