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Stock Market & Financial Investment News

News Breaks
August 4, 2014
07:32 EDTPGN, NENoble completes spin-off of outstanding shares of Paragon Offshore
Noble (NE) announced that it has completed the spin-off of all of the outstanding shares of Paragon Offshore (PGN), which owns most of Noble's standard specification drilling business. As a result, Noble and Paragon are now two separate, publicly-traded companies. On August 1 Noble distributed to its shareholders one ordinary share of Paragon for every three ordinary shares of Noble held. No fractional Paragon shares were issued; however, shareholders who would otherwise have been entitled to receive a fractional Paragon share in the distribution instead received cash in lieu of that fractional share. Paragon ordinary shares will begin "regular-way" trading under the symbol "PGN" on the New York Stock Exchange on August 4. Noble ordinary shares will continue to trade on the NYSE under the symbol "NE."
News For NE;PGN From The Last 14 Days
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January 27, 2015
12:08 EDTNEObama to propose opening up Atlantic to offshore drilling, NYT reports
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January 23, 2015
08:37 EDTNEBofA/Merrill U.S. oil & gas analysts to hold an analyst/industry conference call
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January 22, 2015
10:03 EDTPGNOn the Fly: Analyst Downgrade Summary
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09:18 EDTPGNParagon Offshore downgraded to Hold from Buy at Evercore ISI
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January 20, 2015
11:03 EDTNEStocks with call strike movement; FSLR NE
First Solar (FSLR) January call option implied volatility increased 5% to 48, Noble Corp. (NE) June 18 call option implied volatility increased 9% to 53 according to IVolatility.

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