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News Breaks
May 13, 2014
07:42 EDTNBRNabors Industries downgraded at Bernstein
As noted earlier, Bernstein downgraded Nabors to Market Perform from Outperform. The firm believes that investors' optimism towards North American oil services stocks has peaked, as it sees risks to continued improvement by the sector in 2015 and believes that stocks in the sector appear fairly valued.
News For NBR From The Last 14 Days
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December 22, 2014
17:43 EDTNBRNabors extends consummation date of proposed C&J deal to March 31
In connection with the Agreement and Plan of Merger, dated June 25, by and among Nabors Industries (NBR). , Nabors Red Lion Limited and C&J Energy Services (CJES), filed as Exhibit 10.1 to our Form 8-K, dated July 1, on December 19, Nabors delivered written notice to C&J extending the date by which the proposed merger with C&J must be consummated from December 31 to March 31, 2015.
December 19, 2014
16:07 EDTNBRC&J Energy confirms Delaware Supreme Court overturns injunction
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13:55 EDTNBRDelaware Supreme Court rules C&J, Nabors merger can proceed
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December 17, 2014
12:51 EDTNBRNY state to ban fracking next year, CNBC reports
Publicly traded companies in the oil services space 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).
09:32 EDTNBRParkway Properties signs two leases totaling 213,000 square feet in Houston
Parkway Properties (PKY) announced that it has signed two leases totaling 213,000 square feet in Houston, Texas with Nabors Industries (NBR) and Bristow Group (BRS). Nabors Industries signed a 98,000 square foot expansion lease at One Commerce Green, located in the Greenspoint submarket of Houston, that expires on September 30, 2025. Bristow Group Inc. signed a 115,000 square foot new lease at CityWestPlace, located in the Westchase submarket of Houston, that expires on January 31, 2025. As of December 17, 2014, Parkway's Houston portfolio has approximately 418,000 square feet of 2015 lease expirations, which represents 9.5% of its total Houston portfolio. Parkway estimates a positive mark-to-market potential of approximately 27% on its 2015 Houston expirations and 34% on its 2016 Houston expirations.
December 12, 2014
14:54 EDTNBRNabors Industries volatility elevated as shares near six-year low
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December 9, 2014
10:23 EDTNBROn The Fly: Analyst Downgrade Summary
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05:51 EDTNBRNabors Industries downgraded to Hold from Buy at Jefferies
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