Market Overview

Cameron International Corp. Shares Drop From Liability Concerns Over Transocean Ltd. Rig Spill (CAM,RIG)

04/29/2010 - Oilfield equipment maker Cameron International Corp's (NYSE: CAM) shares slid earlier Thursday stemming from liability issues regarding the Transocean Ltd. (NYSE: RIG) rig that burned and sank in the Gulf of Mexico last week.

Cameron International provided the blowout preventers for the Transocean rig.

Shares of Cameron International continue to trade down 14.35% at $38.09 on volume of 23,006,278, versus the average volume of 3,155,100.

Write to Chip Brian at cbrian@tradethetrend.com

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