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Stock Market & Financial Investment News

News Breaks
January 23, 2013
15:07 EDTNBRCorrection: Pamplona Capital reports 9.3% stake in Nabors Industries
Pamplona Capital has become increasingly concerned about the underperformance of the common stock relative to its peer group and the market, Nabors' problems experienced with achieving various aspects of its strategic plan and its declining market share. Pamplona has substantial experience in Nabors' lines of business and has had constructive discussions with its management. Pamplona believes it has valuable insights to contribute to the development of the business and intends to have further discussions with management, the Board of Directors of Nabors, other shareholders and other relevant parties relating to Nabors' business, operations, strategy, future plans, corporate governance and related matters.
News For NBR From The Last 14 Days
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April 17, 2015
08:29 EDTNBRU.S. may be at, or near, peak oil output, WSJ says
New data and forecasts suggest lower crude prices are finally prompting U.S. energy companies to cut back their crude output, according to The Wall Street Journal, citing reports from OPEC, the DOE and North Dakota. Publicly traded oil majors include BP (BP), Chevron (CVX), ConocoPhillips (COP), Exxon Mobil (XOM), Royal Dutch Shell (RDS.A) and Total (TOT). Publicly traded drillers and oil services companies include Baker Hughes (BHI), Diamond Offshore (DO), Halliburton (HAL), Nabors Industries (NBR), Noble Corp. (NE), Rowan Companies (RDC), Schlumberger (SLB), Transocean (RIG) and Weatherford (WFT). Reference Link
April 15, 2015
08:58 EDTNBROil services stocks should be bought on dips, says BMO Capital
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06:16 EDTNBROil layoffs reach 100,000 and still going, WSJ reports
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April 14, 2015
09:20 EDTNBRMorgan Stanley calls a bottom in Oil Services sector
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April 13, 2015
10:00 EDTNBROn The Fly: Analyst Downgrade Summary
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08:31 EDTNBRNabors Industries downgraded to Outperform from Strong Buy at Raymond James
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