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Stock Market & Financial Investment News

News Breaks
May 21, 2014
09:31 EDTNENoble Corp. sees Paragon Offshore spin-off to pay dividends
Noble (NE) says its proposed transaction will create a new publicly traded entity, Paragon Offshore, comprising a majority of Noble’s “Standard Specification” fleet, while Noble's high-specification assets will remain with the parent. Noble expects Paragon Offshore to have 34 jackups and 8 floaters with a strong backlog. Noble sees Paragon to pay dividends. The company added that it expects the spin-off, to be done as a dividend of 100% of shares, to be a Q3 event. Information in slides for presentation at Citi's Global Energy and Utilities conference.
News For NE From The Last 14 Days
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December 17, 2014
12:51 EDTNENY 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).
December 10, 2014
16:44 EDTNEOn The Fly: Closing Wrap
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December 9, 2014
06:46 EDTNENoble Corp. management to meet with Guggenheim
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December 8, 2014
16:41 EDTNENoble Corp. enters into settlement with DOJ
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