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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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July 6, 2015
11:09 EDTBHIHalliburton asset sales progressing slowly, CTFN reports
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July 2, 2015
13:03 EDTBHIBaker Hughes reports U.S. rig count up 3 to 862
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June 26, 2015
13:04 EDTBHIBaker Hughes reports U.S. rig count up 2 to 859
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June 25, 2015
07:35 EDTBHIBaker Hughes volatility low into Haliburtonís expected closing of purchase
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07:08 EDTBHIHalliburton volatility low into expected closing of Baker Hughes acquisition
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June 24, 2015
17:57 EDTBHIWall Street applauds Senate giving go-ahead for 'fast track' trade powers
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07:19 EDTBHIU.K. panel to decide on first fracking in area since 2011, WSJ reports
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