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National Oilwell Says Q1 Revenue Will Be Down 20%, Slashes Divided To $0.05/Share From $0.46/Share
Monday, April 11, 2016 - 10:38am | 236Shares of National-Oilwell Varco, Inc. (NYSE: NOV) fell more than 6 percent on Monday after the company provided an update to its revenue outlook and a change to its dividend. National-Oilwell said it expects its first quarter revenue to fall 20 percent year-over-year from $2.7 billion a year...