Rochester, NY 8/20/2009 1:19:45 AM
National Oilwell Varco, Incorporated, NOV - National Oilwell Varco Declines by 48% in Second Quarter Net Income
National Oilwell Varco, Incorporated
National Oilwell Varco release Tuesday its second quarter net income fell a less-than-forecast 48% as its rig technology business held steady despite a downturn in the oil service business.
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City National Bank is the wholly owned subsidiary of City National Corporation. Headquartered in Los Angeles, the company is backed by $17.7 billion in total assets, and provides banking, investment and trust services through 63 offices, including 15 full-service regional centers, in Southern California, the San Francisco Bay Area, Nevada and New York City. City National and its eight majority-owned investment affiliates manage or administer $47.8 billion in client investment assets, including more than $30 billion under direct management.
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