Topic: Globalsantafe Corporation
Seven companies - Royal Dutch Shell PLC, a big Swiss freight company, four oil service companies and a U.S. shipping firm - have agreed to pay $236.5 million to settle criminal and civil charges that they bribed foreign officials, the government announced ...
Dan Pickering - Tudor Pickering & Holt. With me on this morning's call are Bob Long, our Chief Executive Officer; Steven Newman, our Chief Operating Officer; Greg Cauthen, Senior Vice President and Chief Financial Officer; Terry Bonno, Senior Vice President, Marketing & Planning; and Rob Saltiel, Executive Vice President, Assets.. Before I turn the call over to Bob Long, I ...
Transocean, the world's largest offshore oil and gas drilling contractor, posted a 70% rise in fourth-quarter profit on Wednesday amid strong demand for its deepwater rigs as energy companies increased production to take advantage of elevated oil prices. Transocean's fourth-quarter ...
With oil prices declining and uncertainty over whether the Organization of Petroleum Exporting Countries will raise production quotas at Wednesday's meeting looming, investor jitters led to a sell-off in the sector.. Of course it didn't help that Transocean (nyse: RIG ...
Specialized drilling equipment is in high demand as energy companies up production. Transocean (nyse: RIG - news - people ) said Wednesday that its second-quarter net income grew 120.5%, to $549 million, or $1.84 per share, from $249 million, or 75 cents per ...
Last week's bombshell announcement from Transocean Inc. (RIG) and GlobalSantaFe Corp. (GSF) that the two oil and gas offshore drillers were planning a merger got investors thinking about other potential merger possibilities in the same sector. The Transocean-GlobalSantaFe merger, besides being ...
Worries of fading buyout activity rattled U.S. equity markets last week, but the M&A action could just be starting in the oilfield services and equipment sector. Earlier this month, Transocean (nyse: RIG - news - people ) and GlobalSantaFe (nyse: GSF - news - people ...
Yesterday morning the market woke up to an announcement that Transocean (RIG) would buyout fellow drilling company GlobalSantaFe (GSF) in a deal that would create the world's largest fleet of offshore drilling rigs. First, checking the valuation of the deal says ...
Stocks Rebound Following Buyout News, Strong Earnings From MerckStocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared. Better-than-expected profit news from Merck & Co. also boosted the mood on Wall ...
Stocks rebounded Monday after a fresh round of buyout news offered evidence that Wall Street's penchant for dealmaking hasn't disappeared.Better-than-expected profit news from Merck & Co. also boosted the mood on Wall Street, helping it partially recover from a steep ...
