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Stock Market & Financial Investment News

News Breaks
March 24, 2014
08:25 EDTNBRNabors Industries expects Q1 EPS to fall below consensus of 21c
The impact is essentially confined to the Completion Services segment and should approximate 7c per share. The company attributed the shortfall to the persistent extraordinary weather and the resulting delays in some customers' well completion activity. CEO Tony Petrello said, "Severe winter weather in those areas continued to affect our pumping operations through February and into early March, though to a lesser degree than in January. The weather has also impacted many northern based frac sand mines, tightening availability, and could further impact our results. Our other operations appear to be in-line to favorable compared to expectations. We view the first quarter's operating performance in Completion Services as temporary. Weather notwithstanding, improving underlying demand for pressure pumping gives us a constructive, though tempered, outlook for this business through the remainder of 2014. As for the balance of our business lines, our near- and longer-term outlooks remain intact."
News For NBR From The Last 14 Days
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March 31, 2015
10:01 EDTNBROn The Fly: Analyst Upgrade Summary
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07:13 EDTNBRNabors Industries upgraded to Outperform from Market Perform at Wells Fargo
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March 27, 2015
18:02 EDTNBRS&P announces changes to S&P 400, 500, and 600 indices
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17:24 EDTNBREcho Global to replace C&J Energy in S&P 600 as of 4/1 close
C&J Energy Services (CJES) is merging with certain assets of S&P 500 constituent Nabors Industries Ltd. (NBR) in a transaction that will result in C&Jís public float dropping well below the 50% threshold needed for continued inclusion in the index.
March 26, 2015
09:57 EDTNBRNabors Industries reinstated with a Neutral at Goldman
Target $15.50.
March 24, 2015
16:10 EDTNBRC&J Energy, Nabors Industries complete combination transaction
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08:03 EDTNBRAppleseed Fund requests Nabors Industries publish sustainability report
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March 20, 2015
16:09 EDTNBRC&J Energy shareholders approve pending merger with Nabors Industries
C&J Energy Services (CJES) announced that at a special stockholder meeting, C&J stockholders approved, among other matters, the proposed merger contemplated by the Agreement and Plan of Merger, dated as of June 25, 2014, by and among C&J, Nabors Industries (NBR), Nabors Red Lion Limited, Nabors CJ Merger Co. and CJ Holding Co. If the merger of C&J with Nabors' completion and production services business is completed, Nabors CJ Merger Co., a direct wholly-owned subsidiary of Red Lion, will merge with and into C&J, with C&J surviving as a wholly-owned subsidiary of Red Lion. In connection with the closing of the Merger, Red Lion will change its name to "C&J Energy Services Ltd." and will be listed on the New York Stock Exchange under the ticker "CJES".
08:55 EDTNBRC&J Energy to host special shareholder meeting
Special Shareholder Meeting to consider and vote on the proposed merger with Nabors Industries will be held in Houston, Texas on March 20 at 10 am.
07:19 EDTNBRWhite House expected to unveil fracking rules today, WSJ says
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