Transocean Reports EPS of $0.68 vs. $0.92; Revenue $2.16B vs. $2.31B

Transocean Ltd. RIG RIGN today reported a net loss attributable to controlling interest for the three months ended December 31, 2010 of $799 million or $2.51 per diluted share. The results compare to net income attributable to controlling interest of $723 million, or $2.24 per diluted share for the three months ended December 31, 2009. Fourth quarter 2010 results were adversely impacted by $1.017 billion of after tax items, or $3.19 per diluted share. Revenue $2.160B