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April 17, 2014
20:25 EDTBOH, BOH, TNC, TNC, SYNL, SYNL, STI, STI, NVR, NVR, LII, LII, KMB, KMB, HAS, HAS, CHFC, CHFC, HAL, HAL, WASH, WASHNotable companies reporting before Monday's open
Notable companies reporting before Monday's market open, with earnings consensus, include Bank of Hawaii (BOH), consensus 86c; Halliburton (HAL), consensus 71c; Chemical Financial (CHFC), consensus 48c; Hasbro (HAS), consensus 10c; Kimberly-Clark (KMB), consensus $1.47; Lennox (LII), consensus 41c; NVR (NVR), consensus $10.02; SunTrust Banks (STI), consensus 66c; Synalloy (SYNL), consensus 15c; Tennant (TNC), consensus 31c; Washington Trust Bancorp (WASH), consensus 57c.
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October 5, 2015
08:02 EDTHALMiX Telematics enters multi-year agreement with Halliburton
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07:37 EDTHALMiX Telematics enters into multi-year agreement with Halliburton
MiX Telematics (MIXT) announced that it has entered into a multi-year agreement with Halliburton (HAL), to provide fleet management, safety and compliance solutions for Halliburton's North American fleet of more than 15,000 vehicles.
September 30, 2015
18:28 EDTHALCourt says Interior Department lacks authority for fracking rule, WSJ reports
A federal court judge ruled that the Interior Department lacked the authority to institute a stricter rule on fracking, reports the Wall Street Journal, citing Judge Scott Skavdahl's preliminary injunction. Publicly traded companies in the space include Baker Hughes (BHI), IHS Inc. (IHS), Halliburton (HAL), Nabors Industries (NBR), and Weatherford (WFT). Reference Link
13:22 EDTSYNLSynalloy, others file antidumping, countervailing duties petitions with DOC, ITC
Synalloy announces that on September 30, its subsidiary Bristol Metals, joined by co-petitioners Felker Brothers Corp., Outokumpu Stainless Pipe, and Marcegaglia USA, petitioned the Department of Commerce and the U.S. International Trade Commission to apply antidumping and countervailing duties to imports of welded stainless pressure pipe from India. Imports of welded stainless pressure pipe from India have increased at an unbelievable rate over the past three years at prices well below market prices in the United States. These unfairly traded imports have hurt the domestic industry's sales volumes, pricing and profits. Between 2012 and 2014 imports from India of welded stainless pressure pipe increased by 4,306% from 281 to 12,101 tons, and imports in the first half of 2015 are on pace to exceed those of 2014. Bristol Metals is pleased that our domestic competitors have joined with us to help combat unfairly dumped and subsidized imports. The petitions allege that Indian welded stainless pressure pipe is dumped in the United States at the rate of 27.39% ad valorem. The petitions also allege more than 15 countervailable subsidy programs to be investigated by the DOC, many of which are prohibited under the relevant World Trade Organization agreements. United States producers of welded stainless pressure pipe also joined together to successfully obtain relief from unfairly traded imports from Malaysia, Thailand and Vietnam in 2014 and China in 2009. Even though the company has been successful in past unfair trade proceedings, this case is pending and there is no assurance that this action will result in a favorable outcome to the petitioners. Under the unfair trade statutes, the ITC must make a preliminary injury ruling within 45 days, and DOC will likely issue preliminary duty rulings in early 2016 with final rulings by both agencies due by late 2016.
11:39 EDTHALStocks with call strike movement; BIIB HAL
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September 28, 2015
10:37 EDTHALAnalysts sees upside for Halliburton as Baker Hughes deal moves forward
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06:48 EDTHALHalliburton and Baker Hughes announce additional divestiture proposals
Halliburton (HAL) and Baker Hughes (BHI) announced that the companies will market for sale additional businesses in connection with Halliburton's pending acquisition of Baker Hughes. Pursuant to the Merger Agreement, and in order to permit completion of Halliburton's acquisition of Baker Hughes, the following additional businesses are intended to be divested: Halliburton's expandable liner hangers business, which is part of the company's Completion & Production Division; Baker Hughes' core completions business, which includes: packers, flow control tools, subsurface safety systems, intelligent well systems, permanent monitoring, sand control tools and sand control screens; the Baker Hughes sand control business in the Gulf of Mexico, including two pressure pumping vessels; and Baker Hughes' offshore cementing businesses in Australia, Brazil, the Gulf of Mexico, Norway, and the United Kingdom. The combined 2013 revenue associated with all of the businesses intended to be divested was approximately $5.2B. The sale of these businesses will be subject to the negotiation of acceptable terms and conditions for the divestitures, the approval of the divesting company's board, and final approval of the Baker Hughes acquisition by competition enforcement authorities. Halliburton anticipates that the companies will complete the sales of these businesses in the same timeframe as, and the closing of the divestitures would be conditioned on, the closing of the pending Baker Hughes acquisition.

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