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A Peek Into The Market Before The Trading Starts
Tuesday, July 17, 2012 - 7:30am | 368Pre-open movers US stock futures are higher this morning, as investors are awaiting testimony from Fed Chairman Ben Bernanke. Futures for the Dow Jones Industrial Average surged 45 points to 12,693.00 and S&P 500 index futures rose 5.40 points to 1,352.80. Nasdaq 100 futures gained 11.50 points...
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Nabors Announces Adoption of Shareholder Rights Plan
Tuesday, July 17, 2012 - 7:04am | 91Nabors Industries Ltd. (NYSE: NBR) announced today that its Board of Directors has adopted a shareholder rights plan under which shareholders will receive rights to purchase shares of a new series of preferred stock. The rights will expire on July 16, 2013, unless extended or earlier redeemed or...
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Nabors Expects Lower 2Q 2012 Operating Income of $220-230M
Tuesday, July 17, 2012 - 7:03am | 451Nabors Industries Ltd. (NYSE: NBR) today announced that it expects its second quarter operating results to be below consensus estimates. The shortfall is attributable to lower than expected results primarily from its Pressure Pumping and, to a lesser extent, its International operations, partially...
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Benzinga's Top Pre-Market Gainers
Monday, June 11, 2012 - 8:28am | 117Integramed America Inc (NASDAQ: INMD) surged 21.60% to $13.79 in the pre-market session. IntegraMed agreed to be bought by Sagard Capital Partners for $14.05 per share in cash. Ampio Pharmaceuticals Inc (NASDAQ: AMPE) rose 10.94% to $3.55 in the pre-market trading. AMPE reported positive clinical...
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Benzinga's Top Upgrades with Color for May 21, 2012
Monday, May 21, 2012 - 10:59am | 671Listed below are today's Top Upgrades at Benzinga: Guggenheim Upgrades Nabors Industries (NYSE: NBR) to Buy: Guggenheim commented in the report, "Our upgrade of Nabors Industries to Buy from Neutral (target $22) is first and foremost a valuation call, supported by a detailed sum of the parts NAV...
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UPDATE: Guggenheim Upgrades Nabors Industries
Monday, May 21, 2012 - 9:49am | 124According to a research report published this morning, Guggenheim has upgraded Nabors Industries (NYSE: NBR) from Neutral to Buy. Guggenheim commented in the report, "Our upgrade of Nabors Industries to Buy from Neutral (target $22) is first and foremost a valuation call, supported by a detailed...
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US Stock Futures Up; Apple Earnings, Economic Data In Focus
Tuesday, April 24, 2012 - 6:28am | 499US stock futures are higher this morning, as investors are awaiting economic data. Futures for the Dow Jones Industrial Average surged 37 points to 12,908.00 and S&P 500 index futures rose 4.60 points to 1,367.30. Nasdaq 100 futures gained 12 points to 2,662.25. US stocks closed lower on...
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Earnings Scheduled For April 24
Tuesday, April 24, 2012 - 3:54am | 6243M Co (NYSE: MMM) is expected to post its Q1 EPS at $1.49 on revenue of $7.49 billion. Apple Inc (NASDAQ: AAPL) is estimated to post its quarterly EPS at $10.06 on revenue of $36.81 billion. Nabors Industries Ltd (NYSE: NBR) is projected to post its Q1 EPS at $0.50 on revenue of $1.80 billion....
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Benzinga's M&A Chatter for Friday March 16, 2012
Saturday, March 17, 2012 - 6:43pm | 477The following are the M&A deals, rumors and chatter circulating on Wall Street for Friday March 16, 2012: Sanofi to Acquire Pluromed The Deal: Sanofi (NYSE: SNY) and Pluromed announced Friday that they have entered into a definitive agreement under which Sanofi is to acquire Pluromed, a...
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UPDATE: Deutsche Bank Raises Target on Nabors Industries to $30
Tuesday, March 6, 2012 - 11:51am | 129Deutsche Bank increases its price target on Nabors Industries (NYSE: NBR) to $30 from $27 as new CEO lays out plans for the future. Deutsche Bank says, "NBR's new CEO did a good job of laying out plans for restructuring and, more importantly, divesting non-core assets. Now the key will be...
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US Stock Futures Up Ahead Of Earnings Reports
Tuesday, February 21, 2012 - 7:33am | 450US stock futures are higher this morning. Futures for the Dow Jones Industrial Average surged 40 points to 12,969.00 and S&P 500 index futures rose 3.10 points to 1,362.80. Nasdaq 100 futures gained 1.75 points to 2,583.75. US stocks closed mixed on Friday, with the Dow Jones Industrial...
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Earnings Scheduled For February 21
Tuesday, February 21, 2012 - 3:58am | 606Macy's Inc (NYSE: M) is estimated to post its Q4 EPS at $1.65 on revenue of $8.72 billion. Home Depot Inc (The) (NYSE: HD) is expected to post its Q4 EPS at $0.42 on revenue of $15.50 billion. Wal-Mart Stores Inc (NYSE: WMT) is estimated to post its Q4 earnings at $1.46 per share on sales of $123...
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Nabors Enters Into Agreement With Eugene Isenberg Whereby He Forgoes $100M Termination Payment
Monday, February 6, 2012 - 8:00am | 216Nabors Industries Ltd. (NYSE: NBR) today announced that it has entered an agreement with Eugene Isenberg, its Chairman and former CEO, pursuant to which Mr. Isenberg has voluntarily terminated his employment agreement, effective December 31, 2011. Mr. Isenberg will continue as Chairman of the...
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Notable Call Options Activity in Nabors Industries
Thursday, January 26, 2012 - 11:48am | 107Shares of Nabors Industries (NYSE: NBR) are lower on the session by 0.67%, currently trading at $17.72. The stock has been moving largely lower over the past three weeks, though it is currently testing the 50-day moving average. Options traders are focusing on calls today. The strike seeing the...
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Jefferies Downgrades Nabors Industries to Hold, PT Lowered to $19
Tuesday, November 29, 2011 - 7:23am | 28Jefferies & Company has downgraded Nabors Industries (NYSE: NBR) from Buy to Hold and has lowered the price target froM $22 to $19.