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Goldman's Negative View On Rigs Continues
Friday, April 22, 2016 - 10:09am | 239Goldman Sachs slashed its 2016 EPS estimate on Transocean LTD (NYSE: RIG) by 95 percent and the EBITDA view by 7 percent on lower-than-expected day rates on new contract awards and five idled rigs. The offshore driller released its fleet status report, which showed its Actinia awarded a three-year...