Net income triples for Nabors; chief says 'outlook is quite positive'.more...:

A class-action lawsuit has been filed against Nabors Industries Inc. to block the Houston-based company's proposed change of incorporation from Delaware to Bermuda.   more...

Houston's high-paid executives in energy  The top earner was the chairman and CEO of Nabors Industries, Eugene M. Isenberg. He earned $63.9 million last year, largely because the company doubled the number of options it awarded him the previous year, said Tammy Hemphill, director of human capital consulting for Resource Connection.. more...

It's Nabors Industries(NBR) Inc.'s turn in the hot seat. As the Houston oil-drilling company gets ready to ask shareholders to approve a new legal address in Bermuda, critics of offshore tax havens are ratcheting the debate to another level. Labor activists are zeroing in on corporate governance and shareholder legal rights, questioning whether investors will be adequately protected if the company reincorporates. Following a firestorm of controversy around Stanley Works(SWK)'botched attempt to become a Bermuda corporation, the oppositionis hoping to capitalize on the stepped-up scrutiny of these so-calledexpatriations. more...

NABORS INDUSTRIES INC  (NBR)
Annual Report (SEC form 10-K)

LIUNA
The most successful organizing union within the labor federation today, LIUNA has organized not only construction workers, but health care workers, poultry processing workers, asbestos workers, service industry workers and others to provide representation and ensure rights the workers deserve. Our volunteer organizing program, Volunteer Organizing In Community Empowerment (VOICE), which has trained hundreds of LIUNA members and others in the art of organizing, has served as a model throughout organized labor. more...

AFL-CIO
Statement by AFL-CIO Secretary-Treasurer Richard Trumka Regarding Concerns Over Reincorporations to Bermuda. more...

View summaries of articles appearing in the Anchorage Daily News about Nabors Drilling. View Summaries
 
 
 

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