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Transocean Inc.

Transocean shares have gained approximately 22 percent year to date. As a result of a change in timing on payments for rigs under construction, the company has lowered its capital spending forecast for 2013 from $3 billion to $2.4 billion. Over 50 percent of the $2.4 billion will be spent on the new rig building program CFO Esa Ikaheimonen told analysts on a recent conference call.

Going forward ... (see research report)



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