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Stock Market & Financial Investment News

News Breaks
February 21, 2013
15:16 EDTHALHalliburton gets $300M demand for arbitration from Ecosphere
Ecosphere Technologies announced that its counsel, Leopold Law, issued the following statement: "Ecosphere Technologies put Halliburton Energy Services on notice today of a Demand for Arbitration that is being filed with the American Arbitration Association, alleging that Halliburton took and disclosed Ecosphere's trade secrets and proprietary technical, business and strategic information. Ecosphere demands $300M in damages in the filing, alleging specifically that Halliburton both breached a non-disclosure agreement with Ecosphere, and that Halliburton stole, converted or misappropriated Ecosphere's trade secrets, all relating to Ecosphere's green technology business model to treat and recycle water used during hydraulic fracturing or "fracking" operations for oil and natural gas."
News For HAL From The Last 14 Days
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September 18, 2014
07:38 EDTHALUBS to hold a conference
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September 12, 2014
15:48 EDTHALSchlumberger 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
September 9, 2014
07:18 EDTHALStephens to hold an investor trip
Energy: Oilfield Services Investor Plane Trip travels throughout Texas and Oklahoma on September 9-10.

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