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Earnings Watch: Updates, advisories and surprises
Exxon Mobil Chemical's /quotes/comstock/13*!xom /quotes/nls/xom affiliate TonenGeneral said Wednesday it's launching a 50-50 joint venture with Toray Industries to develop products for the battery separator film business.
Do You Really Want to Buy Oilfield Services?
It hasn't been a top-notch earnings season for the oilfield services sector. Halliburton , the second-largest participant in the group, led off with mediocre results, but did manage to beat expectations.
Number of active rigs increase by 9
The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by nine this week to 1,078. Houston-based Baker Hughes Inc.
WRAPUP 2-Slow oilfield recovery hits Transocean, Baker Hughes
Oil and gas companies, faced with commodity prices sharply down from last year, have put pressure on the companies that serve them to get costs down.
Baker Hughes Net Income Drops 87%
Baker Hughes reported a sharp drop in third-quarter results as the company was impacted by greater-than-expected price discounting.
Garmin, Con-way Plunge; Solera Soars
Solera Holdings surged 12% after it lifted its fiscal year earnings outlook. Trucking company Con-way Inc plunged after quarterly revenues and net fell.
Report from Europe: All Bulled Up Pre Fed Meeting
The S&P 500 managed to eek out a 0.2% gain overnight Tuesday, largely thanks to the industrials and basic materials sectors, together with an M&A-driven jump in the transport sector as Warren B. plays Texas Hold'em and goes all in on the future of the US economy.
Baker Hughes latest oil patch firm to report profit plunge
Baker Hughes Inc., the oilfield-services provider that agreed in August to buy BJ Services Co., said third-quarter profit plunged 87 percent after energy prices tumbled and customers reduced spending.
Baker Hughes 3rd-qtr net fell 87%, revenue off 26%
Baker Hughes Inc., /quotes/comstock/13*!bhi /quotes/nls/bhi the Houston energy-drilling giant, reported that third-quarter net income fell 87% on 26% lower revenue.
Business briefs: Number of active drilling rigs rises by 21
Number of active drilling rigs rises by 21 The number of drilling rigs exploring for oil and natural gas in the U.S. increased by 21 this week to 1,069. Texas' rig count rose by 13 to 411, accounting for more than half the increase, according to data published by Houston-based oil field services firm Baker Hughes.
The number of drilling rigs actively exploring for oil or gas in Oklahoma rose by four this week to 77, Baker Hughes Inc.
Number of active rigs increase by 21
The number of rigs actively exploring for oil and natural gas in the U.S. this week rose by 21 this week to 1,069. Houston-based Baker Hughes Inc.
The number of drilling rigs actively exploring for oil or gas in Oklahoma fell by one this week to 73, Baker Hughes Inc.
Number of active rigs increase by 8
The number of rigs actively exploring for oil and natural gas in the U.S. this week has risen by eight this week to 1,048. Houston-based Baker Hughes Inc.
R.I.P. Former Ale House and Stag's Head Manager Angela Mullan Jenkins
A wake will be held from 2-3:30 p.m. Saturday at the Stag's Head Pub for Angela Mullan Jenkins, who passed away Thursday from breast cancer complications.
Ron Meisels & Monica Rizk From Saturday's Globe and Mail Published on Friday, Oct.
Number Of Active U.S. Oil Rigs To Increase By 8
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Brookfield Homes San Diego reports six sales and four reservations a week ago at five of its neighborhoods in San Diego and Riverside counties, according to Lora Heramb, vice president of sales and marketing.
BenchmarkJournal.com Free Analyst Review for BHI, HNZ, MTG, ACE, NOK and CMO
Today we began research on Baker Hughes Inc. , HJ Heinz Co. , MGIC Investment Corp.
Stallion headquartered in west Houston has filed for bankruptcy. It has already laid off 40 percent of its staff.
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