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Nabors Industries Ltd

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  • New US oil and gas well permits tumble nearly 40% Wednesday, 3 Dec 2014 | 8:00 AM ET
    A crewman watches over water tanks used for hydraulic fracturing at an Anadarko Petroleum site near Brighton, Colo.

    Plunging oil prices sparked a drop of almost 40 percent in new well permits issued across the U.S. in November.

  • ... And these stocks are losing on lower oil Friday, 28 Nov 2014 | 1:30 PM ET
    A Halliburton worker walks through a hydraulic fracturing (fracking) site north of Dacono, Colorado, U.S.

    Oil producer and driller stocks are falling after oil's dip, but other energy companies are also seeing their stocks drop.

  • FACTBOX-Recent tax inversion proposals Tuesday, 25 Nov 2014 | 1:19 PM ET

    Medical technology company Medtronic Inc said on Nov. 18 that its plan to acquire and adopt the tax domicile of Ireland's Covidien Plc was on track to close in 2015.. High-tech manufacturer Applied Materials Inc plans to buy Japanese rival Tokyo Electron Ltd and reincorporate in the Netherlands. Burger King Worldwide Inc plans to acquire Canadian coffee and...

  • Midday Movers: Dillard's, GoPro, Apple & more Thursday, 20 Nov 2014 | 12:29 PM ET
    Traders work on the floor of the New York Stock Exchange.

    Take a look at some of Thursday's midday movers:

  • BOSTON, Nov 14- Some of the hedge fund industry's most respected firms made bigger bets on a wide swatch of energy companies during the third quarter only to watch the stocks get pummeled by falling crude oil prices. Robert Citrone's Discovery Capital Management raised its holding in Texas oil driller Diamondback Energy by 20 percent to own 1.4 million shares...

  • Wal-Mart helps lift Dow industrials to record finish Thursday, 13 Nov 2014 | 4:34 PM ET
    Traders work on the floor of the New York Stock Exchange, Oct. 29, 2014.

    Stocks rose on Thursday, with benchmarks not far from all-time highs.

  • BOSTON, Nov 6- Welcome back "Big Oil." The strong balance sheets and diversified global operations of majors like Exxon Mobil Corp, Chevron Corp and BP plc, have sheltered index funds and some active portfolio managers from the worst of a volatile ride on energy markets, where oil prices have plunged 21 percent since early August. The $33 billion Ivy Asset Strategy...

  • Stock market up, but there's underlying weakness Thursday, 30 Oct 2014 | 1:22 PM ET
    Traders work the floor of the New York Stock Exchange.

    Stocks are up despite weak market internals. Much of the Dow's gain is due to Visa and utilities are leading the S&P 500.

  • Oct 30- National Oilwell Varco Inc, the largest U.S. oilfield equipment provider, said orders at a unit that make rigs and drilling components fell 60 percent, overshadowing a better-than-expected quarterly profit. Orders in National Oilwell's rig systems segment, which accounts for nearly half its total revenue, fell to $1.34 billion in the third quarter from...

  • Midday movers: BorgWarner, Kellogg & more Thursday, 30 Oct 2014 | 12:15 PM ET
    Wall Street New York Stock Exchange NYSE

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  • Oct 15- Another proposed U.S. corporate tax "inversion" deal collapsed on Friday when Irish food group Fyffes Plc and larger U.S. rival Chiquita Brands International Inc called off an agreement to combine. It was the fourth such deal to unravel since the Treasury Department on Sept. 22 cracked down on inversions, deals in which a U.S. company acquires or sets up a...

  • Your first trade for Friday Thursday, 23 Oct 2014 | 5:51 PM ET
    Fast Money Final Trade: FXC, EWZ, M, TLT

    The "Fast Money" traders share their final trades of the day.

  • Oct 23- Diamond Offshore Drilling Inc, one of the world's top five offshore rig contractors, reported a 4.5 percent rise in third-quarter revenue, helped by higher demand and improved rates for its ultra-deepwater rigs. Diamond Offshore said Petrobras has extended contracts on three ultra-deepwater rigs, which are expected to generate revenue of up to $1.4...

  • Oct 22- Contract driller Nabors Industries Ltd reported a 17 percent rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields. "We are acutely aware of the potential for further weakness in crude oil prices and the associated impact on our customers' spending plans, particularly in North and Latin America,"...

  • Oct 22- Contract driller Nabors Industries Ltd reported a 17 percent jump in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields. Nabors, which operates the world's largest land-drilling rig fleet, said total revenue rose to $1.81 billion in the third quarter ended Sept. 30 from $1.55 billion a year earlier.

  • But offshore drillers such as Transocean Ltd are expected to post lackluster quarterly sales as new rigs ordered in boomtime hit the seas, creating overcapacity in an already crowded market. Revenue at Transocean, the second-biggest global offshore driller by market value, is expected to fall 15 percent- its steepest in three years- according to Thomson...

  • Oct 15- Major U.S. drugmaker AbbVie Inc said on Wednesday it was reconsidering a $55 billion bid for Ireland's Shire Plc, marking a setback for "inversion" deals in which U.S. companies reincorporate abroad to cut tax costs. Steris Corp said on Monday it has offered to buy Britain's Synergy Health Plc for about $1.9 billion in a deal that would shift Steris' tax...

  • Midday movers: AutoNation, GoPro, Wayfair & more Thursday, 2 Oct 2014 | 12:02 PM ET
    NYSE New York Stock Exchange traders markets

    Take a look at some of Thursday's midday movers: AutoNation, GoPro, Wayfair & more.

  • Midday Movers: Taminco, Kroger, BlackBerry & more Thursday, 11 Sep 2014 | 12:30 PM ET

    Take a look at some of Thursday's midday movers:

  • Midday Movers: Twitter, GoPro, GM & more Tuesday, 1 Jul 2014 | 12:50 PM ET
    Traders work the floor of the New York Stock Exchange.

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