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eastunder

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eastunder

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Re: eastunder post# 8714

Thursday, 10/19/2017 8:58:55 AM

Thursday, October 19, 2017 8:58:55 AM

Post# of 16163
Transocean Ltd: Evercore cuts PT
12:27 PM ET, 10/18/2017 - Reuters

** Swiss-based offshore drilling service provider's U.S shares down 4.3 pct at $10.3 as Evercore cuts PT to $20 from $21

** Firm's $106 mln backlog implies a lower-than-expected near-breakeven $145,000/day ultra deep water dayrate - Evercore

** The two-year contract for its drill-ship Deepwater Invictus with BHP Billiton is expected to begin only in Q218, resulting in unanticipated gap between contracts for Invictus

** Up to Tuesday's close, stock had fallen 29.6 pct this year (Reporting by Akshara P)

"Then there was a woman, a lion of a woman."

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