Berkshire Hathaway (BRK-A)
$313,595.08 6.00 (2.00%)
14:40 EDT BRK-A Stock Quote Delayed 30 Minutes
Previous Close $307,454.94
Market Cap 234.47B
PE Ratio 12.98
Volume (Avg. Vol.) 376
Day's Range 305,681.00 - 313,710.00
52-Week Range 239,440.00 - 347,400.00
Dividend & Yield N/A (N/A)
BRK-A Stock Predictions, Articles, and Berkshire Hathaway News
- From InvestorPlace
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By Joel Baglole
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Transocean (RIG -7.5%) tumbles after the company said it had hired Lazard to help manage its capital structure; investors may be worried that the company is laying the groundwork for a restructuring.Transocean's bonds are falling sharply today, with its most actively traded debt, 7.5% senior unsecured note due 2031, down as much as $0.035 on the dollar to $0.26, while its 8% 2027 bonds sank $0.06 on the dollar to $0.435 this morning, leading declines in the U.S.
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Transocean (NYSE:RIG) says it has hired Lazard Freres as its financial adviser to proactively evaluate strategic alternatives to manage its capital structure.The company also says it made some internal reorganization moves, including the transfer of its Endurance and Equinox rigs into a newly created indirect subsidiary.Smaller rival Noble Corp.
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