Ocean Rig -31% after taking $3.5B impairment; issues Chapter 11 warn...

02/23/17


DailyQuint

Ocean Rig -31% after taking $3.5B impairment; issues Chapter 11 warning
Seeking Alpha
Ocean Rig UDW (NASDAQ:ORIG) -31.4% premarket after Q4 results reveal a $3.71B net loss vs. a $174.4M net loss for the prior-year period, and saying it continues to explore strategic alternatives, which may include a possible Chapter 11 debt restructuring.
Ocean Rig UDW (ORIG) Considers Strategic Alternatives, Including Debt RestructuringStreetInsider.com

all 23 news articles »

[more]