News: Parker Drilling Co (PKD.N)

PKD.N on New York Stock Exchange

6.09USD
1 Aug 2013
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$0.02 (+0.33%)
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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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