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Stock Market & Financial Investment News

News Breaks
July 9, 2014
18:10 EDTSLBSchlumberger can continue higher, Barron's says
Schlumberger shares have rallied and could continue higher, driven by analyst confidence and a strong outlook, Barron's contends in its Barron's Take column. Although the stock isn't cheap, trading at over 17 times forward earnings, the stock still trades under historical valuation levels, the paper adds. Reference Link
News For SLB From The Last 14 Days
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September 17, 2014
07:40 EDTSLBUBS to hold a conference
Houston Energy Bus-less Tour is being held in Houston on September 17-19 with webcasted company presentations to begin on September 17 at 8:30 am; not all company presentations may be webcasted. Webcast Link
September 16, 2014
07:42 EDTSLBDeutsche Bank to hold a conference
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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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