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Halliburton, Baker Hughes detail additional job cuts
2015-07-27 23:52:54| Oil & Gas - Topix.net
Two of the largest oilfield services companies continued to make cuts in the second quarter due to the oil slump. Houston-based oilfield services giants Halliburton Co.
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UPDATE 1-U.S. oil drillers add rigs despite crude price collapse-Baker Hughes
2015-07-25 10:33:49| Oil & Gas - Topix.net
U.S. oil producers added 21 oil rigs in the past week, the most in over a year, data showed on Friday, suggesting that drillers were moving more aggressively than expected, just before crude prices' latest dive down. Oil producers, who cut rigs in the face of falling prices late last year, began to add rigs back in the week ending July 2, oil services company Baker Hughes Inc said in its closely followed report.
Halliburton facing antitrust hurdles over Baker Hughes
2015-07-23 02:50:43| Energy - Topix.net
Halliburton's takeover of Baker Hughes is facing resistance from U.S. enforcement officials who are concerned the tie-up could hurt competition, according to a person familiar with the matter. Justice Department lawyers reviewing the proposed $34.6 billion transaction are worried that the oilfield services industry would become too concentrated after a combination of its No.
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Halliburton Faces Antitrust Hurdles Over Baker Hughes
2015-07-22 22:00:57| Oil & Gas - Topix.net
Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world. Halliburton Co.'
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Baker Hughes shares up despite loss, challenging short-term outlook
2015-07-21 22:13:44| Oil & Gas - Topix.net
Shares of Baker Hughes Inc. rose July 21 after the Houston-based oilfield services giant released reported a loss for the second quarter that was in line with analysts' expectations. Shares climbed to $61.30 each, up 3.87 percent, by about 9:30 a.m. Central Time before settling back to about $61.12, up 2.79 percent, as of about 11 a.m. Central.
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