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Stock Market & Financial Investment News

News Breaks
January 6, 2014
08:18 EDTHALHalliburton downgraded to Neutral from Buy at Guggenheim
News For HAL From The Last 14 Days
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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
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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