Should You Invest In Transocean?

Should You Invest In Transocean?






Investment Thesis Transocean (RIG) is the uncontested leader in the deep water sector (floaters) with an impressive backlog estimated at $10 billion. The company fleet is now reduced to 50 rigs with 26 rigs operating (including the two under-construction drillships contracted to Shell for 10 years). The company management has done an excellent job to rejuvenate its rig fleet […]






Boeing (NYSE:BA) Agrees to Sell 100 Passenger Planes to Iran

Boeing (NYSE:BA) Agrees to Sell 100 Passenger Planes to Iran






Boeing (NYSE:BA) Agrees to Sell 100 Passenger Planes to Iran $BA, $EADSY Sunday, Iran reached an agreement with Boeing (NYSE:BA) to purchase 100 passenger planes to renew the country’s aging fleet, Press TV reported. The deal awaits US government’s approval, Head of Iran’s Civil Aviation Organization (CAO) Ali Abedzadeh said. “We have 250 planes in […]