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Stock Market & Financial Investment News

News Breaks
July 16, 2014
06:12 EDTPDS, SLBPrecision Drilling announces strategic agreement with Schlumberger
Precision Drilling (PDS) announced it had entered into a strategic technology and service agreement and marketing alliance with Schlumberger (SLB). The agreement aims to increase the industrialization of unconventional drilling in North America through an engineered approach that utilizes Precision's Tier 1 drilling rigs and allows Precision access to Schlumberger's bottomhole assembly and services. The agreement applies to Canada and the Lower 48 states in the U.S. and includes contract drilling services, downhole drilling and measurement technology, engineering expertise and operational training. Through this agreement, Precision will continue to expand its integrated directional drilling services utilizing Schlumberger's downhole tools and related services supported by drilling engineering and modeling, component integration, industry leading subsurface knowledge and expertise, and high-quality measurements.
News For PDS;SLB From The Last 14 Days
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August 17, 2014
17:42 EDTSLBSchlumberger should see profits increase, Barron's says
Schlumberger should see profits increase as the company focuses on its North American business, Barron's contends in its cover article. Reference Link
August 12, 2014
08:03 EDTSLBSchlumberger sees Q3 Russian sanctions impact of up to 3c per share
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August 11, 2014
16:14 EDTSLBOneSubsea, Helix, Schlumberger to form subsea well intervention alliance
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August 8, 2014
07:52 EDTPDSPrecision Drilling risk/reward favorable, says Credit Suisse
Credit Suisse said weakness in Precision Drilling has created favorable risk/reward. The analyst has increased confidence in U.S. growth sustainability and views Canadian LGN development as a potential upside to estimates. Shares are Neutral rated with a $15 price target.
August 7, 2014
19:59 EDTPDSPrecision Drilling announces favorable ruling on Ontario tax appeal
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