Halliburton: 2014 for Latin America to be transitional year The company says that constitutional changes in Mexico seem to be progressing as planned and believe foreign investment in the market will be beneficial to the company beginning in 2015. Halliburton said it is starting to "feel a momentum swing" in North America. Comments taken from Q1 earnings conference call.
Baker Hughes has superior risk/reward ratio, says BMO Capital BMO Capital believes that Baker Hughes (BHI) has one of the best risk/reward ratios in its coverage universe. The firm thinks the stock will rise 25% if its acquisition by Halliburton closes, and fall only 9%-14% in the medium term if the deal falls through. BMO now sees an 80% chance of the deal closing, up from 70% previously.