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Stock Market & Financial Investment News

News Breaks
January 10, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count up 3 to 1754
The U.S. Rig Count is up 3 rigs from last week to 1754, with oil rigs up 15 to 1393, gas rigs down 15 to 357, and miscellaneous rigs up 3 to 4. The U.S. Rig Count is down 7 rigs from last year at 1761, with oil rigs up 70, gas rigs down 77, and miscellaneous rigs unchanged. The U.S. Offshore rig count is 57, down 4 rigs from last week, and up 4 year over year.
News For BHI From The Last 14 Days
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October 24, 2014
13:06 EDTBHIBaker Hughes reports U.S. rig count up 9 to 1927
Baker Hughes says the U.S. Rig Count is up 9 rigs from last week to 1927, with oil rigs up 5 to 1595, gas rigs up 4 to 332, and miscellaneous rigs unchanged at 0. Says the U.S. Rig Count is up 189 rigs from last year at 1738, with oil rigs up 238, gas rigs down 44, and miscellaneous rigs down 5. The U.S. Offshore rig count is 55, down 2 rigs from last week, and down 7 rigs year over year.
October 17, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count down 12 from last week to 1918
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08:26 EDTBHICredit Suisse says its time to buy Baker Hughes
Credit Suisse believes Baker Hughes shares are "washed out" and believes its time to buy shares. The analyst is confident it can hit Q4 consensus EPS estimate of $1.26 given strength in pumping and any improvement in the Gulf of Mexico. Shares are Outperform rated with an $81 price target and $97 price target.
07:34 EDTBHIBaker Hughes maintains positive outlook despite uncertainty, says UBS
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October 16, 2014
13:38 EDTBHIBaker Hughes shares defended at Citigroup
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09:23 EDTBHIOn The Fly: Pre-market Movers
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06:42 EDTBHIBaker Hughes completed demobilization of Iraq contract
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06:35 EDTBHIBaker Hughes sees increased Q4 revenue, margins for North American segment
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06:32 EDTBHIBaker Hughes reports Q3 adjusted EPS $1.02, consensus $1.13
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