Replies to post #19 on Cameron (CAM)

[Timothy Smith]

Singapore's Keppel Offshore & Marine agrees to acquire Cameron International's (NYSE:CAM) offshore rig business for $100M.

The business consists of CAM's LeTourneau jackup rig designs, its rig kit business and aftermarket services; Keppel says the LeTourneau designs have been popular with certain market segments and will help it expand its suite of jackup rig offerings.

CAM is set to be acquired by Schlumberger in a $14.8B deal.

[Timothy Smith]

Cameron (NYSE:CAM): Q3 EPS of $1.18 beats by $0.36.

Revenue of $2.21B (-17.5% Y/Y) beats by $40M.