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July 1, 2014
07:39 EDTNBRNabors Industries upgraded to Overweight from Equal Weight at Stephens
Stephens upgraded Nabors (NBR) to Overweight following the agreement to merge its Completion Services and Production Services businesses with C&J Energy (CJES). The firm expects the deal to be accretive to margins and accelerate investment into the core drilling businesses and drive the multiple higher. Price target raised to $33 from $27.
News For NBR From The Last 14 Days
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November 26, 2014
16:09 EDTNBRC&J Energy announces solicitation of alternative proposals
C&J Energy Services (CJES) announced that it has begun soliciting alternative proposals to purchase the company, or a controlling stake in the company, that are superior to its proposed combination with Nabors' (NBR)completion and production services business. The company has engaged Morgan Stanley to assist in the solicitation.
November 25, 2014
16:28 EDTNBROn The Fly: Closing Wrap
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09:42 EDTNBRNorth American Shale Drilling Services sector downgraded at OTR Global
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08:05 EDTNBRC&J Energy issues statement in response to ruling regarding Nabors transaction
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07:55 EDTNBRC&J Energy deal with Nabors put on hold, further sale process ordered, WSJ says
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November 18, 2014
09:34 EDTNBRRBC Capital to hold a tour
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06:11 EDTNBRNabors Industries initiated with a Neutral at SunTrust
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November 13, 2014
15:45 EDTNBRHalliburton, Baker Hughes in fast-moving merger talks, WSJ reports
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