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Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:27 EDTBHIBaker Hughes sees 'several quarters' to work through excess industry capacity
Baker Hughes CEO Martin Craighead plans to state while presenting at the Howard Weil Energy Conference that there remains an industry-wide capacity overhang, in the form of underutilized assets. Craighead will state, "Our outlook is clear and remains unchanged. Without a meaningful jump in rig count, it's going to take several quarters to chew through the excess horsepower capacity," according to a copy of the presentation filed with regulators.
News For BHI From The Last 14 Days
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May 22, 2015
13:08 EDTBHIBaker Hughes reports U.S. rig count down 3 to 885
Baker Hughes reported the U.S. rig count is down 3 rigs from last week to 885, with oil rigs down 1 to 659, gas rigs down 1 to 222, and miscellaneous rigs down 1 to 4.
May 19, 2015
08:23 EDTBHISiemens bond plan keeps it in running for Halliburton assets, Bloomberg says
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May 15, 2015
13:03 EDTBHIBaker Hughes reports U.S. rig count down 6 to 888 rigs
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05:46 EDTBHIStocks with implied volatility movement; BHP AVP
Stocks with implied volatility movement; Avon Products (AVP) 77, Baker Hughes (BHI) 27 according to iVolatility.

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