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Shares of Weatherford International Climbed 21% in March After Getting Goldman Sachs' Blessing

2016-04-06 21:54:12| Oil & Gas - Topix.net

What: After starting the month off on the wrong foot with a secondary share issuance, shares of Weatherford International ended up 21.5% in March after favorable remarks from several analysts including Goldman Sachs . So what: One of the largest concerns investors have had with Weatherford is that it's overburdened with debt and hasn't been able to generate adequate cash flows for years now.

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