Sentence examples for rig rate from inspiring English sources

Zacks.com reports that 17 of the 22 analysts following RIG rate the shares a "buy" or better.

The penalty of €1.7 billion ($2.3 billion) six financial institutions agreed to pay the European Commission this week for colluding to rig rates seems if anything a slowing of the tempo.

As a result, rig rates are rising.

High rig rates are obviously important.

Revenue rose 2%, while contract-drilling rig rates jumped 33%.

It's easier to consolidate at the bottom of the cycle, once rig rates have fallen and suddenly those $500 million ultra-deepwater semi-submersible rigs can no longer cover their finance costs.

UBS avoided a €2.5 billion fine and Barclays a €690m one for their part in rigging rates because they confessed early.

It said it had found no evidence so far that any of its employees colluded in rigging rates, but was suspending a staff member while it investigates whether "rigorous internal control processes" were followed.

"Its [sic] just amazing how libor fixing can make you that much money," was the verdict of another trader.These exchanges, and many others, were part of a settlement announced on February 6th in which RBS admitted to rigging rates.

To begin with, Hayes had admitted conspiring with the six men to rig the rate to boost his trading profits.

In June, Barclays was fined £290m because its traders tried to rig the rate and chief executive Bob Diamond was forced to resign over the scandal.