Nikkei Shoots to Fresh Highs After US Rally
Nabors Industries Ltd
featured
First, a soft ISM, now a soft ADP and soft ISM Services. Weaker economic data and global growth fears weigh on markets.
» Read MoreMore
-
May 2-:* Nabors Industries Ltd: Jefferies raises to hold from underperform* Helmerich& Payne Inc: Jefferies cuts target price to $74 from $76; rating buy. *Pioneer Energy Services Corp: Jefferies cuts target price to $9 from. *Patterson-UTI Energy Inc: Jefferies cuts target price to $23 from.
-
April 25- Nabors Industries Ltd:. *Canaccord Genuity cuts price target to $17.50 from $18; rating hold. Reuters Station users, click. 1568.
-
April 25- Nabors Industries Ltd:. *Barclays cuts target price to $16 from $18; rating equal weight. Reuters Station users, click. 1568.
-
April 25- Nabors Industries Ltd:. *UBS cuts price target to $17 from $18; rating neutral. Reuters Station users, click. 1568.
-
First, a soft ISM, now a soft ADP and soft ISM Services. Weaker economic data and global growth fears weigh on markets.
-
Hess will exit its retail, energy marketing, and energy trading businesses following pressure from an activist investor to break up the company.
-
*Raises dividend to $1 from 40 cents. March 4- Oil and gas company Hess Corp will exit its retail, energy marketing and energy trading businesses following pressure from its third-largest shareholder- activist investor Elliott Management- to break up the company.
-
Check out which companies are making headlines after the bell Wednesday:
-
Morgan Stanley has identified some 40 stocks that could be candidates for tender offers in the next 12 months using its new quantitative model.
-
In Montana's oil country, some teenagers are choosing the oil fields over universities, forgoing higher education for jobs with salaries that can start at $50,000 a year.
-
In contrast, drillers such as Nabors Industries Ltd and Patterson-UTI Energy Inc face scrapping many old rigs as there are few buyers for them.
-
*Best Buy surges on report of possible buyout. *Dow off 0.6 pct, S&P 500 off 0.6 pct, Nasdaq off 0.7 pct. NEW YORK, Dec 13- The S&P 500 ended its six-day winning streak on Thursday, retreating as worries intensified that Washington's "fiscal cliff" negotiations were dragging on with little progress.
-
*Dow off 0.6 pct, S&P 500 off 0.6 pct, Nasdaq off 0.7 pct. NEW YORK, Dec 13- The S&P 500 ended its six-day winning streak on Thursday, retreating as worries intensified that Washington's "fiscal cliff" negotiations were dragging on with little progress.
-
*Dow off 0.7 pct, S&P 500 off 0.8 pct, Nasdaq off 0.9 pct. Energy and information technology sectors were the S&P 500' s weakest performers, with the S&P energy index down 0.9 percent. "There is no conviction here and Boehner's comments- as harsh as they were- were realistic," said Jason Weisberg, managing director at Seaport Securities Corp., in New York.
-
*Best Buy surges on report of possible buy offer. NEW YORK, Dec 13- U.S. stocks retreated after six days of gains on Thursday as encouraging reports on retail sales and jobless claims were outweighed by the uncertainty surrounding the "fiscal cliff" negotiations in Washington.
-
Nabors Industries has been holding long-term lows, and one large buyer is positioning for a gradual rebound.
