1. Shares of Nabors Industries Rally After Dividend Cut, CEO Pay Cut, and Debt-Reduction Announcement

    Shares of Nabors Industries Rally After Dividend Cut, CEO Pay Cut, and Debt-Reduction Announcement

    Shares of Nabors Industries Rally After Dividend Cut, CEO Pay Cut, and Debt-Reduction Announcement Tyler Crowe, The Motley Fool Reblog What happened Shares of drilling rig owner and operator Nabors Industries (NYSE: NBR) are up 10.5% as of 11:00 a.m. EST. The price jump comes after the company announced some financial highlights for its upcoming fourth-quarter earnings report that included significant debt reduction, a dividend cut, and a cut to executive pay...

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