BRIEF-Gemini reports Q1 net loss per share of $0.04
* Now expecting revenue for 2017 to be less than 2016 but expects activity to pick up in second half of 2017 into 2018 Source text for Eikon: Further company coverage:
JEDDAH, March 27 The cut in income tax paid by national oil giant Saudi Aramco to 50 percent from 85 percent brings the company in line with international benchmarks, chief executive Amin Nasser said in a statement on Monday.
Earlier, the tax was cut in a royal decree, part of preparations for an initial public offer of shares by Aramco next year, which is expected to be the world's largest equity offer. (Reporting by Reem Shamseddine; Writing by Andrew Torchia)
* Ironhorse announces Q1 2017 financial and operating results
* AT&T announces IBEW-represented employees vote to ratify midwest wireline agreement