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Stock Market & Financial Investment News

News Breaks
July 8, 2014
05:40 EDTCGGCGG SA reports Q2 vessel availability rate of 94% vs. 93% last year
CGG SA reports vessel production rate of 92% vs. 92% last year. During Q2, the company's 3D vessels were allocated 52%, vs. 51% in Q1 and 21% in 2Q13, to multi-client programs, including 17% of the 3D fleet being assigned as shooting vessels to the company's wide-azimuth multi-client programs.
News For CGG From The Last 14 Days
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November 24, 2014
09:01 EDTCGGBofA/Merrill EMEA oil services analyst holds analyst/industry conference call
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November 21, 2014
05:24 EDTCGGCGG SA confirms client commitment to StagSeis solution in Gulf of Mexico
CGG announced another significant commitment from an Exploration and Production company to its StagSeis multi-client solution in the Gulf of Mexico, this time with an earlier prefunder expanding their position. Following completion of acquisition in October, StagSeis presales of all three surveys, IBALT, DEUX and TROIS, have continued to strengthen, both with new companies joining, and with repeat customers increasing their commitments.
November 20, 2014
05:40 EDTCGGCGG SA confirms offer from Technip, considered that conditions to pursue not met
CGG confirms having been approached by Technip in an unsolicited manner in respect of a potential combination. CGG has considered that the conditions to pursue were not met.
05:38 EDTCGGTechnip proposes EUR 8.30 per share tender offer for CGG SA
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05:37 EDTCGGTechnip proposes EUR 8.30 per share tender offer for CGG SA
November 19, 2014
16:31 EDTCGGOn The Fly: Closing Wrap
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15:33 EDTCGGCGG turned down first Technip approach, weighing sale, Bloomberg says
CGG rejected an initial takeover offer from Technip but is now weighing a sale and talks between the two are continuing, said Bloomberg, citing people with knowledge of the matter. Shares of CGG trading in New York are up 22% in afternoon trading following the report. Reference Link
14:55 EDTCGGCGG SA jumps 6.7%, halted following report of mulling sale
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14:54 EDTCGGCGG turns down Technip approach, now weighing sale, Bloomberg reports

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