News Headline Summary

Carl Icahn issues an open letter to Transocean (RIG) shareholders

- Continued to believe that even without USD 300mln of annualized savings, a USD 4.00 dividend is entirely feasible.

Reaction details (20:23)

- No immediate reaction seen in Co. shares, trades USD 52.51 last. (+1.48%)

02 May 2013 - 20:20 - Equities Bank Speaker - Source: Newswires

Subscribe Now to RANsquawk

Click here for a 1 week free trial

RANsquawk provides audio news and commentary for over 15,000 professional traders and brokers worldwide. Services include: