New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
March 19, 2013
09:41 EDTBHIBaker Hughes sees Q1, Q2 margins in Europe lower than prior year
Baker Hughes CEO Martin Craighead said the company is seeing improvement in its Pressure Pumping business in North America, with better utilization compared to the fourth quarter. Craighead said in Europe a ramp-up is resulting in higher costs which, coupled with some project delays in the U.K., will likely make Q1 and Q2 margins in Europe to "certainly be less than this time last year." However, he added he's pleased with the European marketsí long-term outlook. In Iraq, the CEO said he's "pleased to see that we are turning the corner," and the company is "on our way to profitability by the second half of this year" in that region.
News For BHI From The Last 14 Days
Sign up for a free trial to see the rest of the stories you've been missing.
August 31, 2015
08:07 EDTBHIFBR sees 'smooth path' for Schlumberger, Cameron deal closing
Subscribe for More Information
August 28, 2015
13:02 EDTBHIBaker Hughes reports U.S. rig count down 8 to 877
Baker Hughes reported the U.S. rig count is down 8 rigs from last week to 877, with oil rigs up 1 at 675, gas rigs down 9 to 202, and miscellaneous rigs unchanged at 0.
August 26, 2015
12:47 EDTBHIOn The Fly: Top stock stories at midday
Subscribe for More Information
10:57 EDTBHIEuropean oilfield service names boosted by M&A speculation, says JPMorgan
Subscribe for More Information
10:00 EDTBHIOn The Fly: Analyst Upgrade Summary
Subscribe for More Information
09:20 EDTBHIBaker Hughes upgraded to Conviction List from Outperform at Iberia
Subscribe for More Information
August 21, 2015
13:05 EDTBHIBaker Hughes reports U.S. rig count up 1 to 885
Subscribe for More Information

Sign up for a free trial to see the rest of the stories you've been missing.
I agree to the theflyonthewall.com disclaimer & terms of use