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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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September 15, 2014
07:23 EDTSLBHart Energy to hold a conference
2014 DUG Eagle Ford Conference to be held in San Antonio, California on September 15-17.
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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