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...Companies most committed to raising capex included 3M (expected capex goes up by $100m to a range of $1.5bn-$1.8bn), Johnson & Johnson, National Oilwell Varco (which is not yet ready to pay more to shareholders...
...Shares in National Oilwell Varco were also 2.2 per cent higher at $39.71, while Ensco gained 4.1 per cent to $10.54 and Diamond Offshore Drilling added 4.2 per cent to $17.49....
...National Oilwell Varco on Monday slashed its dividend by almost 90 per cent as the collapse in energy-sector capital spending hit the company’s bottom line....
...National Oilwell Varco cut its dividend by almost 90 per cent on Monday as the collapse in energy sector capital spending weighed heavily on the company....
...Transocean climbed 7.5 per cent to $11.31 and National Oilwell Varco was up 3.9 per cent to $35.18. Patches of strength appeared among US retailers....
...National Oilwell Varco, another service company hit hard by the oil price collapse of the past two years, rose 7.9 per cent to $31.70 after Morgan Stanley upgraded its stock, citing a “lack of further negative...
...National Oilwell Varco’s first-quarter results saw UBS among others raise their target price, while Goldman cut....
...While some European companies still sent their global CEOs, Clay Williams, of the oilfield services company National Oilwell Varco, and Eli Gelman, of software firm Amdocs were the only global chief executives...
...National Oilwell Varco, the oil services group, said on Tuesday it had seen a “widespread” drop in activity....
...“We believe there could be plenty of possible suitors: GE, Siemens, Honeywell, Emerson, Caterpillar, National Oilwell Varco, ABB, Atlas Copco, etc....
...Hunting has also been helped by renewed talk of bid interest from US peers including GE and National Oilwell Varco, which said last week it would continue its strategy of bolt-on acquisitions....
...National Oilwell Varco reported a 9 per cent rise in sales from a year earlier to $5.8bn. Profits climbed 17 per cent to $589m, or $1.37 per share....
...The Canadian Association of Oilwell Drilling Contractors estimates 25,000 jobs will be lost this year....
...National Oilwell Varco said last August it would pay $2.5bn for Robbins & Myers, a manufacturer of oilfield equipment, and in 2011 Dover Corporation paid $402.5m for Harbison Fischer, another manufacturer...
...Marathon Petroleum gained 1.4 per cent to $53.88 and oilfield services equipment marker National Oilwell Varco moved 2.6 per cent higher to $70.79....
...Among the companies that have already set up or are in the process of setting up at Açu are Technip, National Oilwell Varco (NOV), BP, GE, Wartsila and Vallourec – all large international companies that...
...Berkshire reported two new holdings, a $1bn stake in gas company Phillips 66, and a $200m position in National Oilwell....
...Oilwell Varco said....
...Companies ranging from Halliburton to National Oilwell Varco reported massive earnings growth in the third quarter....
...Pete Miller, Chesapeake’s lead independent director who is also chairman and chief executive at National Oilwell Varco, the oil services group, said: “We greatly appreciate the substantial contributions...
...It argues that it has already been making changes, including the appointment in 2010 of an influential lead independent director, Pete Miller, chairman and chief executive of National Oilwell Varco....
...Pete Miller, the chief executive of National Oilwell Varco, who is Chesapeake’s lead independent director and has been emerging as an increasingly influential figure at the company, said the separation of...
...Hamworthy edged up 0.9 per cent to 550p after Evolution Securities speculated that the oilfield engineer might be a takeover target for National Oilwell Varco....
...National Oilwell Varco was up 2.2 per cent to $80.02....
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