Intel Corporation (NASDAQ:INTC) will receive a government grant of $300 million over five years and will be eligible to pay a corporate tax rate of only 5pc for a 10-year period, the finance ministry said. The US chip giant plans to hire close to 1,000 more workers at the plant by 2023, in addition to…
Nabors Industries (NYSE:NBR) has been given a “BBB-” credit rating by Morningstar. The credit rating agency’s “BBB-” rating suggests that the company is a moderate default risk. They also issued a negative credit outlook for the company and gave their stock a three star rating. Nabors Industries Ltd. (NYSE:NBR) belongs to Basic Materials sector. Its…
Relypsa, Inc. (NASDAQ:RLYP) SVP Lance Berman sold 20,000 shares of the company’s stock on the open market in a transaction dated Monday, August 25th. The stock was sold at an average price of $25.89, for a total transaction of $517,800.00. Following the completion of the transaction, the senior vice president now directly owns 7,500 shares…
Yelp (NASDAQ:YELP) SVP Laurence Wilson unloaded 1,250 shares of the stock on the open market in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $52.73, for a total transaction of $65,912.50. Yelp, Inc. (NYSE:YELP) belongs to Technology sector. Its net profit margin is 0.50% and weekly performance is…
BP p.l.c. (NYSE:BP) is to ax middle managers and could freeze projects as it grapples with the plummeting oil price, The Sunday Times reported, citing finance director Brian Gilvary. BP p.l.c. (NYSE:BP) belongs to Basic Materials sector. Its net profit margin is 2.50% and weekly performance is -10.11%. On last trading day company shares ended…
On Oct 21, Contract driller Nabors Industries Ltd. (NYSE:NBR) reported a 17 percent rise in revenue, its highest increase in nine quarters, as it benefited from strong spending in U.S. shale fields. The company, owner of the world’s largest land-drilling rig fleet and a major provider of fracking services, said the recent fall in oil…
