Transocean Ltd.

Jefferies & Company has lowered the price target on Transocean (NYSE: RIG) from $81 to $79 and maintains its Hold rating.

Susquehanna has initiated coverage on Transocean (NYSE: RIG) with a Positive rating.

JP Morgan has published a research report on Transocean (NYSE: RIG) and has revised estimates on the company for recent fleet status. In the report, JP Morgan writes "We have updated our company model and estimates for Transocean (RIG) making only slight changes to EPS due to changes from the...

Jefferies is reducing its 2011 EPS estimate for Transocean Ltd. (NYSE: RIG). “We are reducing our 2011 EPS to $5.01 from $6.22 primarily to account for higher op cost guidance of $5.4-$5.7 Bn (vs our prior $5.2 Bn) as well as a higher tax rate (17-19% vs 16% prior),” Jefferies writes. “We are also...

Jefferies is out with its report today on Transocean Ltd. (NYSE: RIG), maintaining Neutral. In a note to clients, Jefferies writes, "Although we are positive on the recovery in offshore drilling activity in 2011 and 2012, we remain neutral on RIG shares as we believe idle capacity, newbuild supply...

Oppenheimer reports that it has lowered its EPS estimates for Transocean Ltd. (NYSE: RIG), specifically for 2010 (from $6.44 to $6.10) and for 2011 (from $7.46 to $7.18). “The idled rigs imply continued low utilization for low-end jackups and mid-water rigs,” Oppenheimer writes. “Another rig has...

Transocean, Ltd. (NYSE: RIG) disclosed its quarterly dividend on Friday after a capital reduction, reported a planned $0.82 dividend that was supposed one of four quarterly dividends that would eventually total $3.20, only to have the project rejected by Switzerland regulators, according to Dahlman...

Shares of Transocean Ltd (NYSE: RIG) fell more than 5% after the company's 4th quarter results were below Wall Street's expectations. Transocean reported 4th quarter net profit of $723 million, or $2.24 per share, down from $754 million, or $2.35 per share, a year earlier. Excluding one time items...