New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
December 14, 2012
10:16 EDTHAL, WFT, SLB, BHISchlumberger retreats after issuing profit warning
Schlumberger (SLB), which provides products and services for fossil fuel exploration, is slumping after the company reported that it is experiencing contractual delays and higher than usual seasonal weakness in its Europe/ex-Soviet Union/Africa region. Furthermore, the company warned that it's encountering weaker than expected activity on land in the U.S. and western Canada. Schlumberger expects these developments to reduce its earnings per share by 5c-7c, the company stated. In mid-morning trading, Schlumberger slumped $4.21, or 5.80%, to $68.35. A number of Schlumberger's competitors also declined, with Halliburton sliding 1.76% to $32.92, Baker Hughes (BHI) giving back 2.73% to $41.03, and Weatherford (WFT) losing 0.57% to $10.44.
News For SLB;HAL;BHI;WFT From The Last 14 Days
Check below for free stories on SLB;HAL;BHI;WFT the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 21, 2014
11:53 EDTWFT, BHI, HAL, SLBHalliburton hits 52-week high after results top expectations
Subscribe for More Information
09:20 EDTHALHalliburton sees low double digit percentage revenue improvement in Q2
Expects Q2 margins to move solidly into the midteens. Expects Brazil to be a headwind for the remainder of this year and activity is remain at this reduced level for the rest of 2014 and into 2015. Expects Q2 high single digit percentage improvement in Latin America revenue. Expects a more meaningful step up in revenue and margins in 2H14. Expects higher U.S. land activity in Q2 to omre than offset Canadian spring breakup.
09:17 EDTHALHalliburton invested $15M in strategic investments in Q1, lower than expected
The activities will continue throughout 2014 but related costs should begin to decline in 2H14. Anticipates investments will be approximately 2c per share after tax in Q2. Anticipates corporate expenses in Q2 for $95M-$100M. Sees FY14 effective tax rate of 28%-29%. The company believes it is well positioned to generate significantly more cash and cash flow will sustainable in coming years. Sees FY14 CapEx $3B. Sees FY14 depreciation and amortization for $2.1B.
09:13 EDTHALHalliburton: 2014 for Latin America to be transitional year
Subscribe for More Information
08:28 EDTBHIBaker Hughes price target raised to $80 from $62 at BMO Capital
Subscribe for More Information
07:03 EDTHALHalliburton sees Q2 EPS up approximately 25%, consensus 91c
Subscribe for More Information
07:01 EDTHALHalliburton reports Q1 continuing ops EPS 73, consensus 71c
Subscribe for More Information
April 19, 2014
21:06 EDTWFTWeatherford could reach $24, Barron's says
Subscribe for More Information
April 17, 2014
15:38 EDTSLBSchlumberger files automatic mixed securities shelf
15:29 EDTHALNotable companies reporting before Monday's open
Subscribe for More Information
13:04 EDTBHIBaker Hughes reports U.S. rig count unchanged at 1,831
Subscribe for More Information
12:53 EDTBHIOn The Fly: Midday Wrap
Subscribe for More Information
08:58 EDTBHIOn The Fly: Pre-market movers
Subscribe for More Information
06:33 EDTBHIBaker Hughes reports Q1 adjusted EPS 84c, consensus 78c
Reports Q1 revenue $5.73B, consensus $5.71B. Martin Craighead, Baker Hughes chairman and CEO stated, "This quarter we delivered an increase in profit margins and earnings. Our performance is the result of actions to optimize operational efficiency, along with increasing demand for several innovative new product offerings. The benefit of these actions can be seen in our North America operations this quarter. On an adjusted basis, this segment delivered 200 basis points of margin improvement, despite a drop in well count caused by poor weather in the Rockies and northeast U.S. Outside of North America, our operations experienced the typical seasonal decline in product sales to start the year, along with severe weather conditions in the North Sea and Russia, leading to a 5% sequential drop in revenue for our international business. However, resumption of our activity in Iraq, along with increased demand for high technology services in Africa, the Middle East, and Asia Pacific, led to a 6% sequential increase in international adjusted operating profit."
05:36 EDTSLBSchlumberger reports Q1 EPS ex-items $1.21, consensus $1.20
Subscribe for More Information
April 16, 2014
15:17 EDTSLBNotable companies reporting before tomorrow's open
Notable companies reporting before tomorrow's market open, with earnings consensus, include General Electric (GE), consensus 32c; Philip Morris (PM), consensus $1.16; Schlumberger (SLB), consensus $1.20; PepsiCo (PEP), consensus 75c; Union Pacific (UNP), consensus $2.37; UnitedHealth (UNH), consensus $1.09; Honeywell (HON), consensus $1.26; Goldman Sachs (GS), consensus $3.44; du Pont (DD), consensus $1.59; Morgan Stanley (MS), consensus 60c; Danaher (DHR), consensus 80c; BlackRock (BLK), consensus $4.14; Blackstone (BX), consensus 55c; Chipotle Mexican Grill (CMG), consensus $2.86; Mattel (MAT), consensus 9c; Snap-on (SNA), consensus $1.54; AutoNation (AN), consensus 74c.
08:36 EDTHALHalliburton April weekly volatility elevated, shares near record high into Q1
Halliburton April weekly call option implied volatility is at 31, July is at 22, October is at 23; compared its 26-week average of 25 according to Track Data, suggesting large near term price movement into the expected release of Q1 results on April 21.
April 15, 2014
10:09 EDTSLBSchlumberger April volatility increases, shares near 66-month high into Q1
Subscribe for More Information
April 11, 2014
13:03 EDTBHIBaker Hughes reports U.S. rig count up 13 to 1831
Subscribe for More Information
06:01 EDTBHIBaker Hughes reports Q1 well count increases Q4 YoY
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use