News: Nabors Industries Ltd (NBR)

NBR on New York Consolidated

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24 Apr 2015
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Tue, Apr 21 2015

Contract driller Nabors posts 10.5 percent fall in revenue

- Contract driller Nabors Industries Ltd's quarterly revenue fell 10.5 percent, hurt by slower drilling activity in North America, and the company said it had cut its workforce by more than 18 percent since the end of 2014.

UPDATE 1-Contract driller Nabors posts 10.5 pct fall in revenue

April 21 - Contract driller Nabors Industries Ltd's quarterly revenue fell 10.5 percent, hurt by slower drilling activity in North America, and the company said it had cut its workforce by more than 18 percent since the end of 2014.

Driller Nabors says it reduced workforce by over 18 pct

April 21 - Contract driller Nabors Industries Ltd said it reduced its global workforce by more than 18 percent since the end of 2014 as the slump in oil prices hurt drilling activity.

REFILE-UPDATE 1-Nabors swings to loss in 4th-qtr as drilling activity slows (March 2)

March 2 - Onshore and offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.

REFILE-Nabors posts quarterly loss as drilling activity slows (March 2)

March 2 - Onshore and offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.

REFILE-UPDATE 1-Nabors swings to loss in 4th-qtr as drilling activity slows

March 2 - Offshore driller Nabors Industries Ltd swung to a quarterly loss, hurt by a fall in drilling activity amid a slump in global crude prices.

REFILE-Nabors posts quarterly loss as drilling activity slows

March 2 - Offshore driller Nabors Industries Ltd reported a quarterly loss, hurt by lower drilling activity amid a slump in global crude prices.

Deals of the day- Mergers and acquisitions

Feb 9 - The following bids, mergers, acquisitions and disposals were reported by 2000 GMT on Monday:

C&J Energy cuts cash portion of Nabors unit deal to $688 million

- Oilfield services provider C&J Energy Services Inc cut the cash portion of its offer to buy Nabors Industries Ltd's well maintenance business by $250 million after oil prices halved since the deal was announced in June.

UPDATE 1-C&J Energy cuts cash portion of Nabors unit deal to $688 mln

Feb 9 - Oilfield services provider C&J Energy Services Inc cut the cash portion of its offer to buy Nabors Industries Ltd's well maintenance business by $250 million after oil prices halved since the deal was announced in June.

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