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Stock Market & Financial Investment News

News Breaks
June 27, 2014
08:25 EDTNBR, CJESNabors deal with C&J Energy materially positive step forward, says BMO Capital
BMO Capital views Nabors' (NBR) transaction with C&J Energy (CJES) as a materially positive step forward that unlocks some of the trapped value in Nabor's conglomerate structure. The firm adds that the valuation of the deal was slightly above its estimates and keeps its Outperform rating on Nabors.
News For NBR;CJES From The Last 14 Days
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July 30, 2014
17:20 EDTCJESC&J Energy on track to deploy 40K hydraulic fracturing horsepower in FY14
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17:17 EDTCJESC&J Energy reports Q2 adjusted EPS 28c, consensus 26c
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July 24, 2014
16:43 EDTNBRNabors Industries increases quarterly dividend by 50% to 6c
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July 22, 2014
17:38 EDTNBRNabors Industries optimistic about the growth prospects for venture
Company concluded, "It is becoming increasingly apparent that virtually every element of our business is experiencing improving fundamentals manifested through improving utilization and pricing. Construction of the numerous new rigs we have in progress remains on track and within budget. The contribution of these deployments combined with a favorable pricing environment across every market and the incremental demand for new rigs globally yield a high degree of growth visibility for the foreseeable future. We are particularly optimistic about the growth prospects for our venture with C&J in the Completion & Production Services business."
17:36 EDTNBRNabors Industries reports Q2 EPS with items 21c, consensus 23c
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