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Nabors Industries Ltd

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  • The flurry of activity occurred at 3:49 p.m. EDT, with most of the affected stocks listed on the New York Stock Exchange, owned by IntercontinentalExchange Group Inc. The volatility caused moves of close to 5 percent in certain stocks, such as Nabors Industries Ltd..

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  • April 14- Oilfield services and drilling company Nabors Industries Ltd said it would separate the roles of chairman and chief executive after the tenure of CEO Anthony Petrello ends and limit severance payments for executives. Shareholders California State Teachers' Retirement System and Blue Harbour Group welcomed the steps.

  • Nabors to split CEO, chairman roles Monday, 14 Apr 2014 | 7:20 AM ET

    April 14- Oilfield services and drilling company Nabors Industries Ltd said it would separate the roles of chairman and chief executive after the tenure of CEO Anthony Petrello ends, following shareholder requests. Nabors also said it was limiting severance payments for executives to 2.99 times their salary and bonus.

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