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February 15, 2013
13:25 EDTBHI, BHI, BHI, WFT, WFT, WFT, SLB, SLB, SLB, HAL, HAL, HALBTIG's oil services research team holds an analyst/industry conference call
Oil Services Research Team discusses near-term and long-term impact of Macondo on drillers, comparing and contrasting the four main service companies, SLB, HAL, BHI and WFT and discussing which is the best-positioned company moving forward on an Analyst/Industry conference call to be held on February 22 at 2 pm.
News For SLB;HAL;BHI;WFT From The Last 14 Days
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November 27, 2015
10:37 EDTBHI, HALEU Commission sets Jan. 12 deadline to rule on Baker Hughes, Halliburton deal
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November 25, 2015
13:05 EDTBHIBaker Hughes reports U.S. Rig Count down 13 rigs from last week
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November 20, 2015
13:08 EDTBHIBaker Hughes reports U.S. rig count down 10 to 757 rigs
Baker Hughes says the U.S. Rig Count is down 10 rigs from last week to 757, with oil rigs down 10 to 564, and gas rigs unchanged at 193. It added that the U.S. Rig count is down 1,172 rigs from last year at 1,929, with oil rigs down 1,010, and gas rigs down 162. The U.S. Offshore rig count is 30, down 3 rigs from last week, and down 23 rigs year over year, Baker announced. The Canadian rig count is down 10 rigs from last week to 166, with oil rigs down 1 to 67, and gas rigs down 9 to 99, according to the company. The Canadian Rig Count is down 268 rigs from last year at 434, with oil rigs down 176, and gas rigs down 92.
November 19, 2015
05:09 EDTBHIStocks with implied volatility movement; BHI SUNE
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November 18, 2015
08:37 EDTBHI, HALBaker 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.
November 17, 2015
17:33 EDTSLBSchlumberger, Cameron say Justice Department clears proposed merger
Schlumberger (SLB) and Cameron (CAM) jointly announced that the U.S. Department of Justice has cleared their proposed merger without any conditions, granting early termination of the waiting period required by the Hart-Scott-Rodino Act. The closing of the proposed merger remains subject to approval by Cameron stockholders, with a special shareholder meeting scheduled for December 17. Schlumberger and Cameron expect to close the merger in 1Q16.
November 16, 2015
17:10 EDTSLBSoros took stake in Paypal, liquidated Herbalife stake
Soros Fund Management gave a quarterly update on its stakes in a filing this afternoon. NEW STAKES: Paypal (PYPL), CIT Group (CIT), Schlumberger (SLB), Kraft Heinz (KHC), and Amazon (AMZN). INCREASED STAKES: Allergan (AGN), Lions Gate (LGF), Energen (EGN), Southwest Airlines (LUV), and Qunar Cayman Islands (QUNR). DECREASED STAKES: LyondellBasell (LYB), YPF (YPF), Time Warner Cable (TWC), Dow Chemical (DOW), and Monsanto (MON). LIQUIDATED STAKES: Herbalife (HLF), Lennar (LEN), DR Horton (DHI), United Continental (UAL), and Nice Systems (NICE).
15:17 EDTSLBSchlumberger acquires Fluid Inclusion Technologies, Inc.
Schlumberger announced the acquisition of Fluid Inclusion Technologies, Inc., a U.S.-based oil and gas service company specializing in laboratory analysis of trapped fluids in rock material, and advanced borehole gas analysis on drilling wells. Amir Nessim, president, Testing Services, Schlumberger, said, "This acquisition is a natural extension of our comprehensive reservoir fluids and rocks services. Customers can expect even stronger one-stop-shop evaluation of rock and fluids from their developments, which we offer through our global network of Schlumberger Reservoir Laboratories."
November 15, 2015
12:59 EDTHAL, BHIBaker Hughes shares could gain, lose 30% on merger verdict, Barron's says
Shares of Baker Hughes (BHI) could gain 27% if its combination with Halliburton (HAL) gains regulatory approval, but "there is too much uncertainty" to take that bet, as a negative verdict on the merger could send Baker plunging 20%-30%, Barron's contends in a 'Trader Extra' column. Investors searching for less risky arbitrage deals may instead take a look at Berkshire Hathaway's (BRK.A, BRK.B) offer for Precision Castparts (PCP), argues the publication. Reference Link
November 13, 2015
13:04 EDTBHIBaker Hughes reports U.S. rig count down 4 to 767 rigs
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