Icahn's Transocean (RIG) Stake Has Management Shaking In Boots

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Go back to Icahn's Transocean (RIG) Stake Has Management Shaking In Boots

UPDATE: Netflix (NFLX) Lower on Continued Icahn Chatter, Other Rumors

January 16, 2013 10:24 AM EST

(Updated - January 16, 2013 10:28 AM EST)

Netflix, Inc. (NASDAQ: NFLX) is seeing continued pressure on more rumors Carl Icahn is moving out of the stock.

As... More

Is Icahn Moving Away from Netflix (NFLX) to Focus on His Deepwater Play?

January 15, 2013 12:21 PM EST

Shares of Netflix (NASDAQ: NFLX) are treading water Tuesday on renewed speculation activist investor Carl Icahn may dump his stake in the streaming video provider so he can focus on his latest deepwater drilling play.

Yesterday, the market awoke to news about Mr. Icahn's latest love interest - Transocean (NYSE: RIG). The company disclosed that... More

Transocean (RIG) Discloses 1.56% Icahn Stake; May Invest Much More

January 14, 2013 7:06 AM EST

Pursuant to Article 20 of the Swiss Federal Act on Stock Exchanges and Securities Trading, which requires the disclosure of securities positions at various thresholds in excess of 3% of the voting rights of a listed company, Transocean Ltd. (NYSE: RIG) has reported with... More

Transocean (RIG) Settles With DoJ Over Deepwater Horizon; Will Pay $1.4B

January 3, 2013 11:25 AM EST

(Updated - January 3, 2013 12:36 PM EST)

Shares of Transocean Ltd. (NYSE: RIG) surged mid-day on reports the company is set to announce a settlement in the Deepwater Horizon case.

Transocean is expected to pay fines and penalties of about $1.4 billion in a settlement with the Justice Department over the Deepwater Horizon accident, according to the Wall Street Journal.

Shares of Transocean last traded at $49.05, up 6%.... More