Oil retreated on Monday as Saudi Arabia's plan to halt bombing in Yemen eased tensions over supply security in the Middle East.» Read More
Nov 13- Oilfield services provider Halliburton Co and rival Baker Hughes Inc are in preliminary talks on a potential merger, Baker Hughes said in a statement on Thursday. The statement said the discussions "may or may not lead to any transaction" but two people familiar with the matter said Halliburton was in talks to buy Baker Hughes. "Baker Hughes Incorporated...
Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, a person familiar with the matter said on Thursday, but any potential deal could run into antitrust concerns. Officials at Baker Hughes and Halliburton, both based in Houston, declined to comment on the talks, which were first reported by Dow Jones and in The Wall Street...
Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, a person familiar with the matter said on Thursday. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. The Wall Street Journal reported on the talks earlier on Thursday.
Companies making headlines after the bell Thursday:
There are reports oil giant Halliburton will buy Baker Hughes. This is one side effect of lower oil prices.
Nov 13- Oilfield services provider Halliburton Co is in talks to buy rival Baker Hughes Inc, Dow Jones reported on Thursday, citing unidentified sources. Baker Hughes declined to comment while Halliburton representatives could not immediately be reached for comment. Baker Hughes shares were halted in New York Stock Exchange trading due to volatility.
NEW YORK, Nov 13- Energy shares fell as crude prices crumbled, leaving the S&P 500 little changed on Thursday despite gains in Wal-Mart and other market bellwethers. The Dow Jones industrial average rose 40.59 points, or 0.23 percent, to close at a record high 17,652.79; the S&P 500 gained 1.08 points, or 0.05 percent, to 2,039.33 and the Nasdaq Composite added 5.01...
Nov 13- Oil services provider Halliburton Co. is in talks to buy rival Baker Hughes Inc., Dow Jones reported on Thursday, citing unidentified sources. Baker Hughes shares were halted in New York Stock Exchange trading due to volatility. At its latest stock price of $51.63, Baker Hughes has a market capitalization of about $22 billion.
According to Dow Jones, Halliburton is in talks to buy Baker Hughes. CNBC's Bob Pisani and CNBC contributor Jon Najarian provide insight into the possible deal.
CNBC's Dominic Chu reports Baker Hughes shares were halted following a Dow Jones report that Halliburton could be in talks to buy the company.
According to the Dow Jones, Halliburton is in talks to buy Baker Hughes. CNBC's Dominic Chu looks at how the possible deal impacts other oil field services. Insight, with Ben Schuman, Drexel Hamilton.
Baker Hughes confirmed Thursday it is in preliminary talks with Halliburton regarding a potential business combination in a release.
Some big energy companies are showing signs of pulling back on capital expenditures, according to a report in Oilprice.com.
Investors say shares of coal and natural gas companies, and medical device makers, have not yet fully priced in the Republican blowout in the election.
Hedge funds designed to profit from choppy and down markets have mostly underwhelmed in October.
We don't care. Markets shrug at a positive report from Goldman Sachs and good weekly jobless claims.
U.S. stock index futures are signalling a lower open following widespread market volatility.
Some of the names on the move ahead of the open.
Baker Hughes reported third-quarter earnings of $375 million, shy of analysts' estimates.
After Wednesday’s market turbulence, traders will be watching Thursday’s economic reports for any further indications the U.S. economy is running into headwinds.