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Stock Market & Financial Investment News

News Breaks
March 21, 2013
12:47 EDTRIG, CAM, BP, HAL, SLBJudge dismisses claims against Cameron, Schlumberger, Huffington Post says
A federal judge yesterday dismissed claims against Cameron International (CAM) and Schlumberger (SLB) subsidiary M-1 related to the 2010 Gulf oil spill, according to The Huffington Post. The judge said he wasn't ready to rule on requests from BP (BP), Transocean (RIG), and Halliburton (HAL) that gross negligence and punitive damage claims against them also be dismissed, the website added. Reference Link
News For CAM;SLB;BP;RIG;HAL From The Last 14 Days
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January 25, 2016
17:33 EDTSLBSchlumberger signs preliminary agreement for Fortuna FLNG project
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09:28 EDTHALHalliburton sees Q1 Eastern Hemisphere sales down low double digits
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09:25 EDTHALHalliburton said it reduced headcount in 2015 by 25%
09:24 EDTHALHalliburton sees Q1 N. America margins near break-even levels
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09:19 EDTHALHalliburton sees FY16 CapEx $1.6B
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09:15 EDTHALHalliburton expects Latin America to have biggest declines in 2016
09:15 EDTHALHalliburton: N. America to rebound first and the strongest when recovery comes
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09:15 EDTHALHalliburton expects Australia, India to be impacted by reduced customer spending
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09:11 EDTHALHalliburton expects North America to be most affected by 2016 downturn
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09:10 EDTHALHalliburton: Oil prices having impact on customer plans
Cites that the oil prices, however, are not sustainable.
09:10 EDTHALHalliburton says still no agreement with regulators on asset sales
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09:09 EDTHALHalliburton announced it told Europe regulators of more divestitures
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09:09 EDTHALHalliburton presented divestiture plans to Department of Justice in January
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09:03 EDTHALHalliburton says won't be taking any questions on regulatory matters
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07:40 EDTSLBSchlumberger weakness a buying opportunity, says UBS
UBS said the weakness in Schlumberger is an attractive buying opportunity for long-term investors who wait patiently for an industry recovery. The company offers the least relative cyclicality in the sector, an attractive yield, and an $11B stock buyback program. UBS reiterated its Buy rating and $87 price target on Schlumberger shares.
06:54 EDTHALHalliburton: 2016 expected to be another challenging year
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06:53 EDTHALHalliburton recorded charges related to asset write offs, severance costs
As a result of the downturn in the energy market and its corresponding impact on the company's business outlook, Halliburton recorded company-wide charges related primarily to asset write-offs and severance costs of approximately $192 million, after-tax, or 22c per diluted share, in the fourth quarter. Halliburton recorded Baker Hughes acquisition-related costs of $79M, after-tax, or 9c per diluted share, in the fourth quarter of 2015. Halliburton also incurred $27M, after-tax, or 3c per diluted share, of interest expense associated with the $7.5B debt issuance in the fourth quarter of 2015.
06:52 EDTHALHalliburton reports Q4 adjusted EPS cont ops 31c, consensus 24c
Reports Q4 revenue $5.08B, consensus $5.11B
06:41 EDTSLB, CAMSchlumberger to gain unconditional EU approval for Cameron deal, Reuters says
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05:51 EDTHALOptions expected to be active: TYC JCI TWTR SUNE AAPL PG HAL AMZN FB
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