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Stock Market & Financial Investment News

News Breaks
January 21, 2014
06:33 EDTSLBSchlumberger upgraded to Outperform from Neutral at Credit Suisse
Credit Suisse upgraded Schumberger based on improved returns on capital following the positive earnings report. Price target raised to $108 from $105.
News For SLB From The Last 14 Days
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September 12, 2014
15:48 EDTSLBSchlumberger favored to win Petrobras service contract, Bloomberg reports
Schlumberger (SLB) is favored to win half of the well services work being offered by Petrobras (PZE) which is valued at more than $2B, Bloomberg says, citing two people with knowledge of the tender. Schlumberger had submitted the most competitive bid for 50% of the well services work, Halliburton (HAL) had placed the lowest-cost bid for 30% of the work, and Baker Hughes (BHI) is set to win the remaining 20% of the work, the people added. Reference Link

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