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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 29, 2014
18:01 EDTSLBSchlumberger executives sell company stock near record high, Barron's reports
From July 25 to August 28, four Schlumberger executives, including CFO Simon Ayat, sold thousands of shares of company stock, Barron's reports. Adjusted for dividends and splits, Schlumberger shares notched a record intra-day high of $118.76 on July 1, Barron's added. Reference Link
August 24, 2014
14:44 EDTSLBSchlumberger acquisitions should help North American push, WSJ says
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