Transocean Ltd. (RIG) reported a fourth quarter net loss of $18.62 per share Monday morning, compared to the loss of $2.51 per share.
Transocean gapped open higher Monday and has continued to rise in early trade. The stock is now up 2.61 at $53.34. Transocean has climbed to nearly a 4-month high this morning and has also re-crossed its 200-day moving average.
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Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.