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Transocean Sedco Beats Lowered Estimates
Transocean Sedco Forex(RIG Quote) said Monday it beat Wall Street's lowered earnings estimates for the fourth quarter, before a $42.2 million charge.
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The contract drilling company said it earned $33 million, or 16 cents a share for the quarter. Twenty-four analysts polled by First Call/Thomson Financial were calling for the company to earn 12 cents in the quarter. ...
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