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Halliburton bought Baker Hughes to be a bigger, stronger integrated company to compete in the marketplace, said CEO Dave Lesar.
David Lesar, Halliburton chairman & CEO, addresses concerns over Austrian opposition to the deal with Baker Hughes.
David Lesar, Halliburton chairman & CEO, discusses volatility in the oil industrial and the complimentary technologies Baker Hughes brings to Halliburton.
Discussing Halliburton's $35 billion deal with Baker Hughes, David Lesar, Halliburton chairman & CEO, explains the strategy, price and timing behind the transaction. "A bigger, stronger, integrated company is needed to compete in this marketplace," says Lesar.
Deals worth $100 billion on Monday put the Street on pace for a year rivaling the dot-com bubble era and the private equity surge just before the financial crisis.
Stocks fell Monday after data had Japan unexpectedly falling into a recession.
M&A is alive and well in the energy sector. Here's the buzz about which companies might be next, says NYSE floor trader Kenny Polcari.
Halliburton has agreed to buy rival Baker Hughes in a stock and cash deal valued at $34.6 billion. Dr. J has Baker Hughes in his trader playbook, and believes the stock goes higher from here.
Japan's economy unexpected fall into recession increases the likelihood of demands for further stimulus.
Discussing Halliburton's roughly $34.6 billion for Baker Hughes, Michael LaMotte, Guggenheim Securities, says the deal allows both companies to get ahead of the markets on the cost curve and from a business cycle standpoint makes great sense.
Halliburton on Monday agreed to buy Baker Hughes in a cash and stock deal valued at $34.6 billion.
Some of the names on the move ahead of the open.
Kurt Hallead, RBS Capital Markets analyst, breaks down details of the deal between the oil services companies and which shareholders came out on top.
"Mad Money" host Jim Cramer thinks next week could depend on this one event, and warns to steer clear of the short game.
Jim Cramer tells a cautionary tale of the short-sellers in oil. Don't overstay your welcome, before you get burned, too!
A report said talks between Baker Hughes and Halliburton have stalled, but that Halliburton may be considering a hostile offer.
Stocks stepped slightly higher Friday, with investors tracking the price of oil.
CNBC's Jackie DeAngelis reports weekly natural gas inventories climbed 40 billion cubic feet.
CNBC's Jackie DeAngelis takes a close look at the potential energy deal between Baker Hughes and Halliburton, and discusses the obstacles the companies will likely face.
Jim Cramer says people in the oil world want the Halliburton and Baker Hughes deal in order to halt oil's slide.