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MAR 25, 2015 - Business Insider

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Pirelli does not plan special dividend for ChemChina deal: sources

MILAN (Reuters) - Italian tire maker Pirelli , which is being bought by China National Chemical Corp (ChemChina), does not plan to pay a special dividend to its shareholders as part of the buyout deal, two sources with direct knowledge of the matter said.Analysts have said that a special dividend could have acted as a "sweetener" to convince shareholders to ...

Tags: Pirelli does not plan special dividend for ChemChina deal: sources,  Rosneft Latest News

MAR 24, 2015 - Benzinga

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Northern Offshore Announces Rosneft Service Order Termination for Jackup Energy Endeavor

Northern Offshore, Ltd. (Oslo Bors: NOF.OL) today announced North Atlantic Drilling Company Ltd (NADL) has received a cancellation notice for use of the Northern Offshore's jackup Energy Endeavor from Rosneft Oil Company as part of a multi-rig contract to provide drilling services in the Russian Artic commencing in the 2015 summer drilling season.

Tags: Northern Offshore Announces Rosneft Service Order Termination for Jackup Energy Endeavor,  Rosneft Latest News

MAR 23, 2015 - Investopedia

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Is Seadrill Going From Bad to Worse?

The news out of Seadrill (NYSE: SDRL) seems to be going from bad to worse. Earlier this year the company cut $1.1 billion from its backlog as Petrobras' (NYSE: PBR) troubles continue to boil over, making those contracts unlikely to be executed. To make matters worse Seadrill affiliate North Atlantic Drilling (NYSE: NADL) recently said that it is wiping $1 billion off ...

Tags: Is Seadrill Going From Bad to Worse?,  Rosneft Latest News

MAR 23, 2015 - TheStreet

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ChemChina to Buy Italy's Pirelli to Improve Grip on Tire Market

NEW YORK (The Deal) -- China's National Chemical on Sunday said it would take control of iconic Italian tire maker Pirelli SpA & C. in a €7.1 billion ($7.7 billion) offer that will ultimately create a Sino-Italian tire-making joint venture with Pirelli's major shareholders. ChemChina, as the suitor is known, said it would first buy a 26.2% Pirelli stake held by ...

Tags: ChemChina to Buy Italy's Pirelli to Improve Grip on Tire Market,  Rosneft Latest News

MAR 16, 2015 - Zacks Investment Research

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