On Friday, Shares of Transocean LTD (NYSE:RIG), added 0.28% and closed at $10.66 in the last trading session. The last trading range of the stock ranges between $10.37 and $10.76. Transocean Ltd. (RIG) declared recently that Reliance Industries Ltd. (Reliance) has elected to exercise its contractual option to terminate the contract for the ultra-deepwater drillship Discoverer India, effective December 2016, before its expiration in January 2021. In accordance with the contract, Transocean will be compensated by Reliance and its partners for the early termination through a lump-sum payment of about $160 million.
Regions Financial Corp (NYSE:RF), jumped 2.07% and closed at $9.87 in the last trading session. The last trading range of the stock ranges between $9.66 and $9.94. The company’s Market capitalization is $12.65 Billion with the total Outstanding Shares of 1.26 Billion. Regions Financial Corporation (RF) is planned to release its third quarter 2016 financial results on Tuesday, October 18, 2016. Executives from the company will review Regions’ financial results via teleconference and live audio webcast starting at 11 a.m. ET. A news release and additional materials will be available on the Shareholder Relations page.