Transocean in Murky Water (RIG)
June 10, 2010 at 11:00 AM EDT
Transocean, Inc. (RIG) It is pretty clear by now that British Petroleum (BP: Charts, News, Offers) is going to incur huge losses as a result of the Deepwater Horizon oil rig explosion and subsequent oil spill. Recent rumors using words like “default” and “bankruptcy” paired with a Goldman-Sachs (GS: Charts, News, Offers) downgrade have BP’s [...]
