News: Rowan Companies PLC (RDC.N)

RDC.N on New York Stock Exchange

19 Dec 2014
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$1.32 (+5.89%)
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Wed, Nov 5 2014

UPDATE 1-Rowan's profit beats estimates as jackup rig rates rise

Nov 5 - Contract driller Rowan Cos Plc reported better-than-expected quarterly revenue and profit, helped by higher rates for its jackup rigs.

Contract driller Rowan's profit doubles on higher rates

Nov 5 - Contract driller Rowan Companies Plc's third-quarter profit more than doubled, helped by higher rates for its rigs and an income tax benefit.

When companies flee U.S. tax system, investors often don't reap big returns

WASHINGTON August 18 - Establishing a tax domicile abroad to avoid U.S. taxes is a hot strategy in corporate America, but many companies that have done such "inversion" deals have failed to produce above-average returns for investors, a Reuters analysis has found.

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