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Transocean Ltd

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  • *Investors watching situations in Greece, Ukraine. NEW YORK, Feb 17- U.S. stocks edged lower on Tuesday, with the S&P 500 pulling back from record levels as investors continued to grapple with the uncertainty over a Greek debt deal and a fragile Ukraine truce. Much of the advance came on signs of progress for the debt deal in Greece, as well as reduced tension between...

  • *Investors watching situations in Greece, Ukraine. NEW YORK, Feb 17- U.S. stock index futures pointed to a quiet open on Tuesday, the first trading session after the S&P 500 closed at a record high, although investors continued to watch the uncertainty over a Greek debt deal and a fragile Ukraine truce. Much of the advance came on signs of progress for the debt deal in...

  • Early movers: HOT, MDT, WWW, WM, Z, AAPL & more Tuesday, 17 Feb 2015 | 8:28 AM ET
    Traders on the floor of the New York Stock Exchange, October 15, 2014.

    Some of the names on the move ahead of the open.

  • Feb 16- The chief executive of Transocean Ltd, one of the world's top offshore drilling companies, is stepping down and the company is slashing its dividend as business slows on tumbling crude oil prices. Transocean said on Sunday that Chairman Ian Strachan, who previously held executive positions at Exxon Mobil Corp and Rio Tinto PLC, will serve as interim chief...

  • Feb 16- The chief executive of Transocean Ltd, which owns the world's largest fleet of offshore drilling rigs, is stepping down as it moves to slash its dividend amid the global slump in oil prices. Transocean's board also recommended lowering its annual dividend by 80 percent to 60 cents per share, as it seeks to conserve its capital. Newman, who joined the company...

  • OSLO, Feb 13- Seadrill, the world's third-biggest offshore driller, cut $1.1 billion worth of Petrobras orders from its backlog due to the Brazilian firm's troubles, sending its shares 13 percent lower. Seadrill, which had an order backlog of $20 billion at the end of the third quarter, announced the contract extensions in November in a relief to investors as...

  • Street vs small investor: There will be blood Thursday, 12 Feb 2015 | 12:37 PM ET
    Rig hands work on a drilling rig in Knox County, Ohio.

    The violent tale of rivalries during the 20th century oil boom, "There Will Be Blood," is a fitting metaphor for this Wall Street battle.

  • Halftime traders pile into this group Tuesday, 10 Feb 2015 | 1:08 PM ET
    Morgan Stanley headquarters in New York City.

    A flurry of trades by the Halftime Report players revealed a new favorite sector.

  • NEW YORK, Feb 4- U.S. stocks were poised to dip at the open on Wednesday, in the wake of a two-day rally for the S&P 500, as oil prices declined and labor market data disappointed. U.S. crude was down 3.3 percent to $51.32 and Brent was off 2.6 percent to $56.43. Contract driller Transocean fell 1.9 percent to $18.05 in premarket trade.

  • US STOCKS-Futures dip after 2-day run; ADP data on tap Wednesday, 4 Feb 2015 | 7:43 AM ET

    NEW YORK, Feb 4- U.S. stock index futures dipped on Wednesday, after a two-day rally for the S&P 500 ahead of data on the labor market and the services sector. *Investors will eye the January private-sector employment report from payrolls processor ADP at 8:15 a.m. for signs of continuing improvement in the labor market. *Later in the session at 9:45 a.m., financial...

  • 'Halftime' trader: Time to give up on 3-D stocks Tuesday, 3 Feb 2015 | 12:12 PM ET
    A host presents various objects created with a MakerBot 3-D printer at the CeBIT technology trade fair in Hanover, Germany.

    Jon Najarian is cutting his 3-D printer stock losses after a monster drop in Stratasys shares.

  • US STOCKS-Wall St gains on Greek deal hopes, oil climb Tuesday, 3 Feb 2015 | 10:54 AM ET

    *Staples, Office Depot in advanced merger talks- WSJ. *Stratasys drops after cutting outlook. A source told Reuters that Greek Finance Minister Yanis Varoufakis, in London to reassure private investors he was not seeking a showdown with Brussels over a new debt agreement, said the new left-wing government would spare privately held bonds from losses.

  • *Staples, Office Depot in advanced merger talks- WSJ. A source told Reuters that Greek Finance Minister Yanis Varoufakis, in London to reassure private investors he was not seeking a showdown with Brussels over a new debt agreement, said the new left-wing government would spare privately held bonds from losses. Shares of offshore contract driller Transocean...

  • 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...

  • Icahn: Oil will go lower, 'tremendous opportunity' Thursday, 22 Jan 2015 | 1:53 PM ET
    Carl Icahn

    The price of oil will go lower as supply and demand remain unbalanced, activist investor Carl Icahn tells CNBC.

  • Bespoke: Why you shouldn't bet on dividends Thursday, 22 Jan 2015 | 8:53 AM ET

    Bespoke's Paul Hickey takes a look at why S&P 500 stocks with the highest dividends may not be your best bet.

  • 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...