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Transocean Ltd

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  • Titans of the sector such as Schlumberger NV and Halliburton Co may have a chance to scoop up assets and know-how from rivals less able to weather the downturn, as their deeper pockets give them a major tactical advantage. Schlumberger was one of his top three holdings as of end-December, according to the fund fact sheet. Norway's Seadrill Ltd for instance has...

  • NEW ORLEANS, Jan 20- BP Plc, citing low oil prices, tried to whittle away at $13.7 billion in potential fines under the Clean Water Act on Tuesday as the penalty phase started in its trial over the 2010 Gulf of Mexico oil spill. He said a 60 percent drop in oil prices since June has slashed BPXP's value to about $5.1 billion, down from $16 billion just months ago.

  • LONDON, Jan 15- Frantic trading after the Swiss National Bank scrapped its euro cap on the franc on Thursday drove Swiss stocks down nearly 9 percent, their biggest one-day percentage fall for at least 25 years. One trader described the central bank's move as "carnage", while Swatch Chief Executive Nick Hayek called the franc's surge in value against the euro an...

  • LONDON, Jan 15- Frantic trading after the Swiss National Bank scrapped its cap on the franc drove Swiss stocks down 10.2 percent on Thursday, putting them on track for their biggest one-day fall in at least 25 years. Some traders described the central bank's move as "carnage", while Swatch Chief Executive Nick Hayek called the franc's surge in value against the euro...

  • LONDON, Jan 15- Frantic foreign exchange trading after the Swiss National Bank scrapped its euro cap on the franc took $100 billion off the value of Switzerland's blue-chips on Thursday, putting them on track for their biggest one-day fall in at least 25 years. The Swiss SMI index slumped 10 percent, with stocks including Swatch, luxury-goods firm Richemont and...

  • Currency market furore wipes $100 bln off Swiss stocks Thursday, 15 Jan 2015 | 6:20 AM ET

    LONDON, Jan 15- Frantic foreign exchange trading after the Swiss National Bank scrapped its euro cap on the franc took $100 billion off the value of Switzerland's blue-chips on Thursday, putting them on track for their biggest one-day fall in at least 25 years. The Swiss blue-chip SMI index slumped more than 8.6 percent, with stocks including Swatch,...

  • *Beiersdorf, H&M boosted by strong sales reports. LONDON, Jan 15- European shares rebounded on Thursday, boosted by a bounce in mining and oil companies, as well as by strong sales at retailer H&M and Nivea cream-maker Beiersdorf. Copper climbed after hitting its lowest level since January 2009.

  • *Alcoa up in premarket after results. NEW YORK, Jan 13- U.S. stocks were poised for a higher open on Tuesday after the S&P 500 fell for a second consecutive session, as financial results from Alcoa helped ease some investor jitters regarding the corporate earnings season. Alcoa Inc gained 1.9 percent to $16.48 before the opening bell.

  • *Alcoa up in premarket after results. NEW YORK, Jan 13- U.S. stock index futures climbed on Tuesday after the S&P 500 fell for a second consecutive session, as financial results from Alcoa helped ease some investor skittishness about the corporate earnings season. *Financials including JPMorgan Chase& Co, Wells Fargo& Co, Goldman Sachs Group Inc and Citigroup Inc are...

  • *Alcoa up in premarket after results. NEW YORK, Jan 13- U.S. stock index futures advanced on Tuesday after the S&P 500 fell for a second consecutive session, as earnings from Alcoa helped ease some investor skittishness about the corporate earnings season. *Financials including JPMorgan Chase, Wells Fargo, Goldman Sachs and Citigroup are among companies also due...

  • Jan 9- BP Plc and Anadarko Petroleum Corp narrowly failed to persuade a U.S appeals court to reconsider its 2014 ruling that they could face civil fines under federal pollution laws over the 2010 Gulf of Mexico oil spill. By a 7-6 vote, the 5th U.S. Circuit Court of Appeals let stand a three-judge panel's decision to uphold a 2012 ruling from U.S.

  • Midday movers: Exxon Mobil, Chevron, Hess & more Monday, 5 Jan 2015 | 12:56 PM ET

    Some of Monday's midday movers:

  • Pumpjacks pump petroleum from the ground.

    Energy was the most common sector represented in the picks for the Halftime Report Portfolio, a new premium feature for CNBC.com

  • This is why investors are rushing into utilities Friday, 2 Jan 2015 | 10:36 AM ET
    Operating Engineer Michael Burden prepares to move a cut of coal hoppers for unloading at the Tennessee Valley Authority Paradise Fossil Plant in Paradise, Kentucky.

    The run-up in utilities is down to investors' search for solid EPS growth and consistent, low-risk yields.

  • NEW YORK, Dec 31- U.S. stocks fell on Wednesday as crude oil prices continued their descent, but the S&P closed out a third straight year of double-digit gains. The best-performing S&P component in 2014 was Southwest Airlines Co up 124.6 percent, while Transocean Ltd, down 62.9 percent, was the worst. "The fact of the matter is markets put in a solid year in spite of...

  • Stocks close down but Dow up 7.5% for the year Wednesday, 31 Dec 2014 | 4:00 PM ET
    Traders on the floor of the New York Stock Exchange.

    U.S. stocks closed lower in light volume trade, with the major indices erasing gains for December and the Dow below the benchmark 18,000 level.

  • US STOCKS-Wall St edges lower as oil decline continues Wednesday, 31 Dec 2014 | 2:17 PM ET

    NEW YORK, Dec 31- U.S. stocks were little changed on Wednesday, putting major indexes on track to close out 2014 just off record levels, as crude oil prices continued their descent. Brent shed 1.7 percent to $56.88. Diamond Offshore fell 2.6 percent to $37.08 and Noble Corp was off 2.3 percent at $16.65.

  • Midday movers: Macy's, Delta & more Wednesday, 31 Dec 2014 | 12:21 PM ET
    Traders work on the floor of the New York Stock Exchange, Dec. 29, 2014.

    Take a look at some of Wednesday's midday movers:

  • NEW YORK, Dec 31- U.S. stocks were modestly higher on Wednesday, putting major indexes on track to end 2014 near record levels, though energy shares once again fell alongside crude oil prices. Crude oil lost 2.2 percent, the fourth drop of at least 2 percent in the past five sessions, putting the commodity at its lowest since May 2009. Among the day's biggest losers,...

  • NEW YORK, Dec 31- U.S. stocks were modestly higher on Wednesday, putting major indexes on track to end 2014 near record levels, though energy shares once again fell alongside crude oil prices. Crude oil lost 2.6 percent, the fourth drop of at least 2 percent in the past five sessions, putting the commodity is at its lowest since May 2009. Among the day's biggest losers,...