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Transocean reports loss of $739 million, debt downgraded to junk

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Leading offshore drilling contractor Transocean has reported a net loss of $739 million, or $2.04 per diluted share. To add to the contractor's troubles, Moody’s downgraded Transocean debt to junk after the company booked over $1 billion in write offs. More »
Transocean reports loss of $739 million, debt downgraded to junk Transocean reports loss of $739 million, debt downgraded to junk Reviewed by Crude Oil Facilitators on 15:45 Rating: 5

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