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Why You Should Eschew The New Baker Hughes; Bank Of America Rates Stock Underperform
Monday, September 25, 2017 - 2:45pm | 487Bank of America Merrill Lynch initiated coverage of Baker Hughes, a GE company Class A (NYSE: BHGE) at Underperform, given the lack of catalysts. That said, the firm believes the company offers investors exposure to an expected global oilfield services and equipment, with a solid, defensive...
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Transocean's 'Midlife Crisis'
Monday, August 17, 2015 - 2:06pm | 446In a report published Monday, Cowen and Company analyst J.B. Lowe discussed Transocean LTD (NYSE: RIG)'s "midlife crisis," in which the company's 12 UDW floaters built roughly 15 years ago are either stacked, idle or will off-contract before the end of next year. Lowe continued that Transocean "by...