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Stock Market & Financial Investment News

News Breaks
July 21, 2014
09:28 EDTHALHalliburton says 'not feeling the turn in North America, we are in the turn'
Says was "dead on target" when said last quarter that it was beginning to "feel the turn" in North America. Says fracking market oversupplied by less than 10%. Sees new fracking supply coming out in Q4, FY15. Says sized and scoped "correctly." Outlook for FY remains intact. Says "encouraged" by the prospect of energy reform in Mexico. Optimistic about future growth potential in Latin America going into 2015. Says operations in Iraq are "away from fighting," are continuing. Sees some risk from Russia sanctions related to certain projects being tendered later this year; says sanctions have had no material effect to this point. Sees effective tax rate 28%-29% for remainder of the year. Sees cash flow growing in the coming years. Sees FY14 CapEx approximately $3.3B. Expects Middle East region to have highest growth rate in 2014. Comments made on the Q2 earnings conference call.
News For HAL From The Last 14 Days
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May 20, 2015
15:01 EDTHALHalliburton reaches agreement with BP to resolve remaining issues
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May 19, 2015
08:23 EDTHALSiemens bond plan keeps it in running for Halliburton assets, Bloomberg says
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07:31 EDTHALUBS to hold a conference
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May 15, 2015
07:09 EDTHALHayman Capital gives quarterly update on stakes
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May 11, 2015
08:21 EDTHALMitsubishi UFJ to hold a tour
Energy Tour travels throughout Houston and San Antonio, Texas to meet with various energy companies on May 11.

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