C&J Energy Services, Ltd. (NYSE:CJES)’s shares dropped -1.67% to $14.70.
C&J Energy Services, Ltd. (CJES) declared that on June 4, 2015, C&J’s board of directors accepted the resignation of Mr. Michael C. Linn and Nabors Industries Ltd.’s (“Nabors”) designation of Mr. Sheldon R. Erikson as Mr. Linn’s replacement. Nabors’ designation of Mr. Erikson follows talk about between Mr. Anthony Petrello, Nabors’ Chairman and Chief Executive Officer, and Mr. Josh Comstock, C&J’s Chairman and Chief Executive Officer, regarding C&J’s ongoing integration and international expansion strategies. Mr. Erikson’s qualifications were also reviewed by C&J’s Nominating & Governance Committee, who recommended to the full C&J board that Mr. Erikson be designated to the vacancy filled by Mr. Linn’s resignation. Both Nabors and C&J believe that Mr. Erikson’s depth of planned and operational expertise, coupled with broad industry experience, will be extremely valuable as C&J continues to grow and expand internationally. Nabors’ designation of Mr. Erikson is following Nabors’ right to designate three C&J directors, in addition to Mr. Comstock as Chairman, until the earlier of March 24, 2020 and such date that Nabors beneficially owns less than 15% of C&J’s issued and outstanding common shares. In addition to serving on the board of directors, Mr. Erikson has replaced Mr. Linn on the Compensation Committee and the Nominating & Governance Committee of the board.
C&J Energy Services, Ltd. provides completion and production services for oil and gas industry primarily in North America. The company provides a range of well services involved in the completion, life-of-well maintenance, and plugging and abandonment of a well to oil and natural gas drilling and production companies. It op
At the end of Friday’s trade, Motorola Solutions Inc (NYSE:MSI)‘s shares dipped -1.54% to $57.65.
Motorola Solutions Inc (MSI) have signed letters urging Congress to pass the Bipartisan Congressional Trade Priorities and Accountability Act (TPA).
The trade legislation, passed by the U.S. Senate last month and pending a vote in the U.S. House of Representatives, is critical for the growth of any global business. The legislation would establish concrete rules for international trade negotiations that would promote growth.
Motorola Solutions, Inc. provides mission-critical communication infrastructure, devices, software, and services in North America, Latin America, the Asia Pacific, the Middle East, Europe, and Africa. The company operates in two segments, Products and Services. The Products segment offers a portfolio of network infrastructure, devices, accessories, and software for government, public safety and first-responder agencies, municipalities, and commercial and industrial customers.
Equity Residential (NYSE:EQR), ended its Friday’s trading session with -0.06% loss, and closed at $71.55.
Equity Residential (EQR) declared that its Board of Trustees declared dividends on the company’s common and preferred shares. A common share dividend for the second quarter of $0.5525 per share will be paid on July 10, 2015 to shareholders of record on June 26, 2015.
A quarterly dividend of $1.03625 per share will be paid on June 30, 2015 to shareholders of record on June 19, 2015 of the company’s Series K Preferred Shares.
Equity Residential, a real estate investment trust (REIT), engages in the acquisition, development, and administration of multifamily properties in the United States. As of December 31, 2007, it owned and invested in 579 properties in 24 states and the District of Columbia compriseing of 152,821 units.
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