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Stock Market & Financial Investment News

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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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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