Why the Market’s High Hopes for Transocean’s Q4 Earnings Were Shattered

 

Why the Market’s High Hopes for Transocean’s Q4 Earnings Were Shattered

When the drill bit of an offshore oil rig hits the ocean floor, it keeps drilling down through it. That’s an apt metaphor for offshore rig operator Transocean (NYSE: RIG). Every time the company seems …

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