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Stock Market & Financial Investment News

News Breaks
November 14, 2012
17:45 EDTWFT, APABP Capital liquidates stakes in Weatherford, Apache over quarter
News For WFT;APA From The Last 14 Days
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August 24, 2014
19:13 EDTAPAApache still trades at a discount to peers, Barron's says
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August 22, 2014
16:18 EDTWFTWeatherford recommends rejection of 'Mini-Tender' offer by TRC Capital
Weatherford International has received notification of an unsolicited "mini-tender" offer by TRC Capital Corporation to purchase up to 5M shares, or approximately 0.65%, of the outstanding ordinary shares of Weatherford at $21.15 per share. TRC Capital's offer is approximately 4.3% below Weatherford's closing price of $22.10 on August 18, the day before the offer commenced. Weatherford does not endorse this unsolicited mini-tender offer and recommends that shareholders reject the offer. Weatherford recommends that shareholders who have not responded to TRC Capital reject the offer by taking no action because the offer is at a price below the current market price for Weatherford shares and is subject to numerous conditions, including any decrease in the market price of Weatherford's shares and the ability of TRC Capital to obtain financing on satisfactory terms. Weatherford further recommends that shareholders who have already tendered shares in TRC Capital's offer withdraw their shares by providing the written notice described in the offering documents prior to the time of expiration stated in the offer, which is on Thursday, September 18.
August 18, 2014
17:23 EDTAPAApache looks cheap, Barron's says
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09:02 EDTAPAApache confirms Canning Basin oil discovery offshore Western Australia
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06:44 EDTAPANatural gas companies worried about regulatory outlook, The Hill says
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06:05 EDTAPAApache discovers oil field in Western Australia, WSJ reports
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