News: Parker Drilling Co (PKD)

PKD on New York Consolidated

4.72USD
21 May 2013
Price Change (% chg)

$-0.09 (-1.87%)
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Fri, Feb 15 2013

Parker Drilling settles bribery charges, sees fourth-quarter loss

- Parker Drilling Co said it reached a settlement with U.S. regulators investigating charges of bribery in Kazakhstan and Nigeria, and estimated a surprise loss for the fourth quarter.

UPDATE 1-Parker Drilling settles bribery charges, sees fourth-quarter loss

* To take $15.85 mln charge in connection with the settlement

Parker Drilling settles bribery charges, sees fourth-quarter loss

Feb 15 - Parker Drilling Co said it reached a settlement with U.S. regulators investigating charges of bribery in Kazakhstan and Nigeria, and estimated a surprise loss for the fourth quarter.

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