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Stock Market & Financial Investment News

News Breaks
January 31, 2014
13:09 EDTBHIBaker Hughes U.S. rig count up 8 rigs to 1785
Baker Hughes reports U.S. Rig Count is up 8 rigs from last week to 1785, with oil rigs up 6 to 1422, gas rigs up 2 to 358, and miscellaneous rigs unchanged at 5. Says U.S. Rig Count is up 21 rigs from last year at 1764, with oil rigs up 90, gas rigs down 70, and miscellaneous rigs up 1. The U.S. Offshore rig count is 57, up 1 rig from last week, and up 4 year over year.
News For BHI From The Last 14 Days
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September 12, 2014
15:48 EDTBHISchlumberger favored to win Petrobras service contract, Bloomberg reports
Schlumberger (SLB) is favored to win half of the well services work being offered by Petrobras (PZE) which is valued at more than $2B, Bloomberg says, citing two people with knowledge of the tender. Schlumberger had submitted the most competitive bid for 50% of the well services work, Halliburton (HAL) had placed the lowest-cost bid for 30% of the work, and Baker Hughes (BHI) is set to win the remaining 20% of the work, the people added. Reference Link
13:03 EDTBHIBaker Hughes reports U.S. rig count up 6 to 1931 rigs
Baker Hughes reports that the U.S. Rig Count is up 6 rigs from last week to 1931, with oil rigs up 8 to 1592, gas rigs down 2 to 338, and miscellaneous rigs unchanged at 1. The U.S. Rig Count is up 163 rigs from last year at 1768, with oil rigs up 231, gas rigs down 63, and miscellaneous rigs down 5.The U.S. Offshore rig count is 66, up 1 rig from last week, and up 1 rig year over year.
September 8, 2014
17:25 EDTBHIBaker Hughes names Kimberly Ross CFO
Baker Hughes (BHI) announced that Kimberly A. Ross, has been appointed senior vice president and CFO effective October 22. Ross currently serves as executive vice president and CFO of Avon Products (AVP).
08:15 EDTBHIBaker Hughes reports August international rig count down 43 to 1,339
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September 5, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count up 11 to 1925 rigs
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September 4, 2014
08:07 EDTBHIBaker Hughes and Aker Solutions' alliance receives regulatory approvals
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