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Stock Market & Financial Investment News

News Breaks
August 7, 2014
07:54 EDTBHIBaker Hughes reports July international rig count up 38 to 1,382
Baker Hughes announced that the international rig count for July was 1,382, up 38 from the 1,344 counted in June, and up 77 from the 1,305 counted in July 2013. The international offshore rig count for July was 336, up 16 from the 320 counted in June, and up 16 from the 320 counted in July 2013. The average U.S. rig count for July was 1,876, up 15 from the 1,861 counted in June, and up 110 from the 1,766 counted in July 2013. The average Canadian rig count for July was 350, up 110 from the 240 counted in June, and up 59 from the 291 counted in July 2013. The worldwide rig count for July was 3,608, up 163 from the 3,445 counted in June, and up 246 from the 3,362 counted in July 2013.
News For BHI From The Last 14 Days
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September 15, 2014
07:23 EDTBHIHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.
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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