SLB
NYSE: SLB
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The three major U.S. stock indexes opened lower this morning and have wavered around the break-even line all day. European markets got things off to a slow start with concerns about Spain’s...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall St. research calls this Tuesday. Abbott Laboratories (NYSE: ABT) cut to Market Perform at Leerink Swann....
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With the exception of Chesapeake, which is seen as primarily a natural gas company with lots of problems, the oil and gas firms are not heavily shorted. Nobody really thinks the price of oil is going...
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Baker Hughes Incorporated (NYSE: BHI) has reported that the North American rig count totaled 2,232 this week, down from 2,240 the week before and down from 2,483 in the same period a year ago. The...
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Oil field services company Baker Hughes Inc. (NYSE: BHI) this morning reported that its count of foreign oil & gas drilling rigs fell from 1,285 in June to 1,264 in July. June’s total foreign...
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Baker Hughes Incorporated (NYSE: BHI) has announced that despite the rise in oil prices, its count on rigs fell in the last week. The services firm reported that the North American rig count totaled...
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Jon OggThese are some of the top analyst upgrades, downgrades and initiations seen from Wall S. research calls this Monday morning. Biogen Idec Inc. (NASDAQ: BIIB) started as Outperform at Leerink...
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The U.S. markets appear to be set to follow Asian and European markets lower. Standard & Poor’s 500 Index could end a three-day rally, even as companies reported better-than-expected earnings...
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Two of the world’s largest oil field services firms reported earnings this morning: Baker Hughes Inc. (NYSE: BHI) and Schlumberger Ltd. (NYSE: SLB). Both handily beat earnings per share (EPS) and...
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Oil and gas driller Nabors Industries Ltd. (NYSE: NBR) warned this morning that the company expects second-quarter operating results to miss consensus estimate, mainly as a result of higher costs:...
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GlaxoSmithKline (NYSE: GSK) will take over Human Genome Sciences (NASDAQ: HGSI) for $2.8 billion. (Reuters) A poll from the National Association for Business Economics shows few companies plan to...
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An association representing oil companies working on Norway’s continental shelf is preparing for a lockout against striking workers beginning at midnight tonight. If the lockout is enforced, about...
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Canadian-based oil & gas producer Encana Corp. (NYSE: ECA) announced today that it planned to expand its 2012 capital spending budget by $600 million in order for the company “to take advantage...
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Oil field services company Weatherford International Ltd. (NYSE: WFT) has won a contract worth $843 million to build six crude oil production facilities at Iraq’s Zubair field in the south of the...
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Halliburton Company (NYSE: HAL) shares were up almost 2% ahead of the company’s operational update. The stock was halted for this update and the stock is now in the red, but it is driving peers...
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