We wrote about RIG on 10/21/13 when it closed at $46.57. It went on a big run right after that and was helped on Monday when it was announced that the company had agreed to some of Carl Icahn’s ideas, which has moved the stock to a closing price of $55.14 today. The proposals include (1) creating an MLP with some of the rigs, (2) shrinking the board, and (3) a $3 dividend.

http://online.wsj.com/news/articles/SB10001424052702304644104579191461317433996?KEYWORDS=icahn