Home Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks
 

Keywords :   


Baker Hughes Reports $10 Billion Loss, Revenue Miss, as Demand Sinks

2020-04-22 15:06:36| OGI

Oilfield firm Baker Hughes Co. reported a $10 billion loss and lower-than-expected revenue in the first quarter on April 22 as an 80% plunge in oil prices crushed demand for services and equipment.

Tags: reports loss miss demand

Category:Industrial Goods and Services

Latest from this category

All news

05.03Personnel Changes
Industrial Goods and Services »
14.03UK economy shrank unexpectedly in January
14.03Car sharing switches to electric to boost appeal
14.03Exclusive: Every McDonald's in Britain warned of legal action over failing to tackle staff sex abuse
13.03Continental Refining Company targets Southeastern feed mills for cattle-formulated UltraBlend Soymeal
13.03Glenn Laursen Brinkman
13.03U.S. cattle producers hail new WOTUS guidance
13.03Judge orders Trump administration to give fired workers their jobs back
13.03Warning Thames Water collapse could cost taxpayers billions and hit pensions
More »