After failing to complete a mega-merger with rival Halliburton, Baker Hughes and General Electric announced Monday morning that GE will combine its oil and gas business with Baker Hughes.
With the price of oil firming around $50 and expected to be close to $60 this time next year, these four companies could be poised for significant increase in business over the…
While much of the insider activity has been restrained this week, some big-time players in the technology world took advantage of open windows to sell and unloaded stocks at a furious pace.
The week of October 21 brought several key analyst calls looking for handy upside in the oil and gas sector, including Kinder Morgan and Halliburton.
It is not unusual at all to see big moves in share prices after earnings reports and other key news releases. It is also not that uncommon to see analysts become more…
Halliburton reported mixed third-quarter 2016 results before markets opened Wednesday morning.
Paul Ausick 24/7 Wall St. has put together a preview of American Airlines, Halliburton and some other major companies reporting their quarterly results this week.
With crude oil ending above $50 for the second week in a row, and with rig counts still rising, it turns out that many more investors have started warming up to the…
Oilfield services firm Extraction Energy Services priced more than 7 million shares at $15 (the low end of its expected range) for its Friday initial public offering, but the stock opened nearly…
Merrill Lynch feels an OPEC production cut in November could push market share to non-OPEC producers, especially those in the U.S. shales, and that in turn could be big for oilfield services.
Most Wall Street strategists agree that the way to play the fourth quarter and next year is with large cap stocks that pay and consistently increase their dividends.
Tech giant Cisco Systems is expected to announce plans to lay off 14,000 employees in the coming weeks, nearly one-fifth of its total headcount, according to technology news site CRN. These layoffs…
A new UBS research report makes the case that oil services earnings are starting to surprise to the upside somewhat.
In a new research report from Jefferies, top-notch equity strategist Steven DeSanctis makes the case that now is the time to rotate to growth stocks from value, and he sees relative valuations…
After Thursday's closing bell, two energy companies, one a producer and the other a services company, are scheduled to release quarterly results.
