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Stock Market & Financial Investment News

News Breaks
June 25, 2014
07:25 EDTSLBSchlumberger 2016 EPS can reach $8, says RBC Capital
After Schlumberger provided margin targets yesterday, RBC Capital thinks the company's EPS can grow at an annualized pace of 20%, versus the Street's outlook for 15% growth. The firm believes that the company's guidance suggests that its EPS will reach $8 in 2016. It keeps an Outperform rating on the shares.
News For SLB From The Last 14 Days
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June 26, 2015
07:31 EDTSLBOneSubsea awarded contract for supply of subsea trees for Shah Denix Two
OneSubsea, a Cameron (CAM) and Schlumberger (SLB) company, has been awarded a contract totaling more than $60M for the Shah Deniz Two development, operated by BP, offshore Azerbaijan. OneSubsea was awarded the initial contract for subsea trees for Shah Deniz Two in 2013. The scope of the new contract includes the supply of the second of three planned batches of subsea production trees and ancillaries. Deliveries are expected to commence 2016.
June 24, 2015
07:19 EDTSLBU.K. panel to decide on first fracking in area since 2011, WSJ reports
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