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Strategies & Market Trends : Dividend investing for retirement

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To: Elroy who wrote (20449)	3/4/2016 9:24:45 AM
From: E_K_S	Read Replies (1) of 34328

Seadrill surges on Fredriksen bailout speculation Seadrill (NYSE: SDRL) +15.3% premarket, extending yesterday's 14.5% surge after the company’s main owner, billionaire John Fredriksen, freed up $510M in cash, fueling speculation of a bailout. Fredriksen sold a third of his shares in salmon farmer Marine Harvest (NYSE: MHG), prompting talk he could be getting ready to invest more in SDRL. ----------------------------------------------------------- FWIW, I sold my MHG holdings and have been buying SDRL. I still own SFL another Fredriksen company. EKS

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