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Stock Market & Financial Investment News

News Breaks
January 7, 2014
07:57 EDTCGGCGG SA downgraded to Market Perform from Outperform at Cowen
Cowen's survey indicates the oil and gas industry is expecting lower North American and international E&P spending and that consensus earnings to need to come down further. As a result, the firm downgraded CGG and lowered its price target to $21 from $26.
News For CGG From The Last 14 Days
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February 3, 2016
05:18 EDTCGGCGG SA awarded survey extension offshore Colombia
CGG announced that it has been awarded an extension to a major 3D seismic survey it successfully completed on the Caribbean coast offshore Colombia in late 2015. The new survey follows on from the original over 16,000-km2 survey CGG conducted over portions of the Col-1 and Col-2 blocks, which was the largest survey ever recorded offshore Colombia. This major extension is expected to start in February 2016. The additional data will also be processed in CGG's Houston subsurface imaging center.

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