Orlando, FL -- (SBWIRE) -- 09/25/2013 -- Hot Stock Profits provides investors and traders with valuable trading tools and content as well as micro-cap stock alerts via eMail and text messages. To Join Our Text Message Alerts Service Just Text The Word Stocks To 555888 From Your Cell Phone. Our Focus Today Is On Transocean LTD (NYSE:RIG), CVS Caremark Corporation(NYSE:CVS).
Transocean LTD (NYSE:RIG) stock fell 0.13% to $45.01. Transocean Ltd., along with Chevron, the Brazilian Federal Prosecutor's Office, Agencia Nacional do Petroleo, Gas Natural e Biocombustiveis (ANP) and Instituto Brasileiro do Meio Ambiente e dos Recursos Naturais Renovaveis (IBAMA) on Sept. 17 announced a settlement resolving the two civil cases arising from the November 2011 and March 2012 Frade field events. The agreement effectively releases Transocean, without a finding of fault or liability, from the two civil lawsuits in which it is named. Further, Transocean has no financial obligations under the settlement agreement. Upon its approval by the court, the settlement terms will be binding on all parties and the two civil lawsuits will be dismissed. In February, the court rejected all criminal indictment recommendations related to Transocean and its employees.
Additionally, the company on Sept. 18 issued a monthly fleet update summary which includes new contracts, significant changes to existing contracts and changes in estimated planned out-of-service time of 15 or more days since August 19, 2013. The total value of new contracts since the August 19, 2013 fleet update summary is approximately $64 million. Estimated 2013 planned out-of-service time increased by a net one day; estimated 2014 planned out-of-service time decreased by a net 134 days.
Are investors worried about the recent updates with RIG? Find out with a free trend analysis HERE
CVS Caremark Corporation(NYSE:CVS) shares decreased 0.48% to $57.92. Moody's Investors Service upgraded CVS Caremark Corporation's senior unsecured rating to Baa1 from Baa2 on Sept. 23. At the same time CVS Caremark's Commercial Paper rating was affirmed at Prime-2. The rating outlook is stable. The upgrade acknowledges Moody's belief that CVS Caremark's solid growth in operating income and recent improvement in operating margin is sustainable and that the trend will continue.
Additionally, the CVS Caremark Charitable Trust is a private foundation created by CVS Caremark Corporation (CVS), on Sept. 18 announced a donation of more than $10,000 in support of families and communities that have been affected by the flash floods in Larimer and Boulder counties in north-central Colorado. Since last week, areas of Colorado have been affected by heavy rains which have displaced thousands of residents, destroyed nearly 20,000 homes and washed out roads, highways, bridges and communications lines.
Is CVS going to continue its rally or drop like a rock? Find out with a free trend analysis HERE
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