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Weatherford's Board Is Serious About Creating Value
Wednesday, March 8, 2017 - 3:39pm | 409Colin Davies of Bernstein was surprised by Weatherford International Plc (NYSE: WFT)’s move to appoint Halliburton Company (NYSE: HAL) Chief Financial Officer Mark McCollum as president and CEO. Bernstein expected interim-CEO Krishna Shivram to get the role. Justification For Surprise...
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Deutsche Bank Says The 'New' Weatherford International Is Still A Top Pick
Tuesday, March 7, 2017 - 2:34pm | 343Mike Urban of Deutsche Bank reiterated his Buy rating on Weatherford International Plc (NYSE: WFT) after the company appointed Halliburton Company (NYSE: HAL) executive Mark McCollum as CEO. Urban, despite liking myriad changes and improved focus at Weatherford, have always argued that fresh...
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Weatherford's New CEO A Strong Positive, But Challenges Remain
Tuesday, March 7, 2017 - 12:47pm | 367Judson Bailey of Wells Fargo says Weatherford International Plc (NYSE: WFT)’s appointment of Halliburton Company (NYSE: HAL) executive Mark McCollum as CEO is a strong positive given McCollum’s reputation for execution, organization and cost discipline as these three were “just...
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Weatherford International: Euphoria From New CEO Begins To Fade
Tuesday, March 7, 2017 - 12:34pm | 169Weatherford International Plc (NYSE: WFT) shares are trading higher by $0.80 at $6.69 in Tuesday's session. The Street is exuberant that the company has named former Halliburton Company (NYSE: HAL) chief financial officer Mark McCollum as its president and CEO. That news has instigated comments...