Transocean Widens Losses

Transocean Ltd. (NYSE: RIG) widened fourth quarter losses to $18.62 per share from $2.51 per share in the year ago period due to a goodwill impairment charge and estimated losses for the Deepwater Horizon oil spill but revenue climbed to top estimates. The stock price climbed $2.70 to close at $53.43.

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