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Baker Hughes: Pricey, But Could Benefit From Rising Oil Demand
Friday, July 21, 2023 - 8:58am | 735Read More...Baker Hughes Company (NASDAQ: BKR) beat on the top and bottom lines in its second-quarter earnings report on July 19. Earnings per share (EPS) of 39 cents on revenue of $6.32 billion was higher than analysts' expectations for EPS of 32 cents on revenue of $6.27 billion. However,...
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Fintech Focus For July 23, 2020
Thursday, July 23, 2020 - 1:27pm | 2107Read More...Daily Perspective: We become what we think about. - Earl Nightingale Fintech Movers: The top judicial body in China is pushing for the expansion of legal rights around the possession of digital things, including currencies. - Block Analysis: Fintech IPOs 2019-H1 20. Goldman’s Marcus pays...
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Benzinga's Bulls And Bears Of The Week: Amazon, Disney, Netflix And More
Saturday, May 30, 2020 - 1:47pm | 843Read More...Benzinga has examined the prospects for many investor favorite stocks over the past week. This week's bullish calls included e-commerce and pharmaceutical giants. The house that Warren Buffett built is featured among the bearish calls. The Dow Jones industrials and the S&P 500 ended last...
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GE, Baker Hughes Announce Amendments; GE To Sell Up To 20% Of BHGE Stake
Tuesday, November 13, 2018 - 9:53am | 444Read More...Baker Hughes A GE Co (NYSE: BHGE), a division of General Electric Company (NYSE: GE), announced Tuesday multiple long-term agreements to maximize value for both Baker Hughes and its parent company. What Happened Baker Hughes and GE said the two entities established a new commercial and...
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Gordon Haskett: Why General Electric Shares Have Downside To $5
Monday, November 5, 2018 - 12:03pm | 483Read More...Despite some support from Street analysts in the form of upgrades, General Electric Company (NYSE: GE) stock remains below the $10 mark, with downside potential to $5 per share, according to Gordon Haskett. The Analyst Gordon Haskett's John Inch maintains an Underperform rating on...
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Eagle Ford And Cana Woodford Shale Plays Witness More Oil Rigs
Monday, April 16, 2018 - 11:31am | 716Read More...In its weekly release, Baker Hughes BHGE, a GE (NYSE: GE) company, reported an increase in total rig count in the United States. About the Rig Count Baker Hughes' data, issued at the end of every week since 1944, helps energy service providers gauge the overall business environment of the oil...
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Barron's Picks And Pans: IBM, GE, Procter & Gamble And More
Sunday, November 19, 2017 - 2:48pm | 704Read More...This weekend's Barron's takes a look at how the holiday outlook has brightened for some retail chains. Other featured articles discuss a long-suffering tech giant finally showing signs of renewed life and whether an industrials colossus is a safe bet after its dividend cut...
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Halliburton Cites Regulatory Approvals, Industry Challenges In Terminating Baker Hughes Merger
Monday, May 2, 2016 - 8:10am | 436Read More...Halliburton Company (NYSE: HAL) and Baker Hughes Incorporated (NYSE: BHI) announced over the weekend that the companies have terminated their proposed merger agreement, which was proposed back in November 2014. Halliburton proposed to acquire Baker Hughes in a transaction valued at $28 billion....
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Big Oil In The Earnings Spotlight
Tuesday, April 26, 2016 - 9:00am | 724Read More...Three petroleum giants are on deck to share their latest earnings results this week. Consensus forecasts indicate that analysts' expectations for all three are low. Net losses are predicted for many others in the oil patch as well. Among the many earnings reports due this week, highlights will...
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Halliburton Pushes Q1 Conference Call To May 3, Cites April 30 Merger Agreement Deadline With Baker Hughes
Monday, April 25, 2016 - 11:01am | 344Read More...Halliburton Company (NYSE: HAL) announced on Friday that a scheduled conference call to discuss its first quarter results will be postponed from April 25 to May 3. Halliburton noted its decision to postpone the conference call is due to an April 30 deadline for its proposed merger with Baker...
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Barron's Picks And Pans: Apple, Seagate Technology, Toll Brothers And More
Saturday, April 9, 2016 - 4:02pm | 594Read More...Featured stories this weekend in Barron's ponder the prospects for two technology giants, a leading luxury homebuilder and a small-cap bottle maker. This issue also includes the latest Barron's mutual fund quarterly report, which takes a look at results from the rough first quarter. Other articles...
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U.S. Energy Firms Operating At Lowest Level Since 2009, New Rig Counts Show
Friday, April 8, 2016 - 1:52pm | 215Read More...U.S. energy firms are operating oil rigs at the lowest level since November 2009, according to Baker Hughes Incorporated (NYSE: BHI)'s latest report. According to Baker Hughes, drillers eliminated eight oil rigs over the past week, bringing the total rig count down to 354. The company also reported...
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It's Official: DoJ Will File Suit To Block Baker Hughes-Halliburton Merger
Wednesday, April 6, 2016 - 11:37am | 376Read More...Shares of Halliburton Company (NYSE: HAL) gained more than 5 percent Wednesday, while Baker Hughes Incorporated (NYSE: BHI) gained more than 6 percent after the U.S. Justice Department announced it will sue to block the merger between the two companies. The Department of Justice alleges the...
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Report: Halliburton Using 'Hail Mary' To Save Baker Hughes Mega-Deal
Monday, April 4, 2016 - 9:44am | 267Read More...Halliburton Company (NYSE: HAL)'s proposed merger with Baker Hughes Incorporated (NYSE: BHI) isn't exactly proceeding according to plan due to regulatory scrutiny. The Department of Justice hasn't yet made a decision in favor or against the merger. Antitrust officials are also...
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Report: U.S. Department Of Justice Giving Halliburton 'Trouble' Over Proposed Baker Hughes Acquisition
Monday, February 29, 2016 - 8:52am | 201Read More...Halliburton Company (NYSE: HAL)'s $35 billion proposed takeover of Baker Hughes Incorporated (NYSE: BHI) has reached a "breaking point." The New York Post, citing its "sources," stated that the U.S. Department of Justice is looking for Halliburton to sell additional...
